Absorption Report

North Atlanta High School, Atlanta, Sandy Springs, GA

Absorption Report

The absorption rate is essentially the total number of months that it would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. A lower absorption rate means that the property will likely take a bit longer to sell, and conversely, a higher number indicates that the property is likely to sell much faster. Both buyers and sellers can use this data to help predict sales activity and home prices for the property in question. For example, if a homeowner lives in a market with an absorption rate of 5-months and is also anxious to sell due to a job transfer, then it might be in his or her best interest to be more aggressive in the listing price.

Seller's
Market		 Balanced
Market		 Buyer's
Market
< 5 months Inventory 5 months Inventory > 5 months Inventory

Houses 23% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
101k-125k 1 1 0.2 0
126k-150k 1 0.2 0
176k-200k 1 0.2 0
201k-225k 2 1 0.3 0
226k-250k 1 0.2 0
301k-325k 2 0.3 0
326k-350k 2 3 0.3 4
351k-375k 1 0
376k-400k 1 6 1 1
401k-425k 1 3 0.5 2
426k-450k 2 4 1 0.3 3
451k-475k 4 5 1 0.2 4.8
476k-500k 3 3 0.2 6
501k-550k 1 7 1 1.2 0.9
551k-600k 8 12 0.3 4
601k-650k 6 15 2 0.4 2.4
651k-700k 5 27 4 0.9 1.1
701k-750k 9 20 2 0.4 2.7
751k-800k 3 15 1 0.8 1.2
801k-850k 8 12 0.3 4
851k-900k 7 18 1 0.4 2.3
901k-950k 3 8 0.4 2.3
951k-1m 5 11 1 0.4 2.7
1m-1.1m 9 22 3 0.4 2.5
1.1m-1.2m 8 20 2 0.4 2.4
1.2m-1.3m 6 21 2 0.6 1.7
1.3m-1.4m 6 20 4 0.6 1.8
1.4m-1.5m 6 15 1 0.4 2.4
1.5m-1.6m 6 11 2 0.3 3.3
1.6m-1.7m 3 14 4 0.8 1.3
1.7m-1.8m 5 12 3 0.4 2.5
1.8m-1.9m 4 5 0.2 4.8
1.9m-2m 4 9 2 0.4 2.7
2m-2.25m 8 11 0.2 4.4
2.25m-2.5m 9 12 3 0.2 4.5
2.5m-2.75m 11 9 2 0.1 7.3
2.75m-3m 8 7 1 0.1 6.9
3m-3.5m 12 9 0.1 8
3.5m-4m 12 10 0.1 7.2
4m-4.5m 9 3 1 0.1 18
4.5m-5m 9 1 1 0 54
5.01m-6m 10 5 3 0.1 12
6.01m-7m 1 2 0.3 3
7.01m-8m 1 0
8.01m-9m 2 2 0.3 0
9.01m-10m 2 0
16.01m-17m 1 0

Townhouses 13% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
201k-225k 1 0
226k-250k 1 0
251k-275k 1 0
276k-300k 2 7 2 0.6 1.7
301k-325k 3 0
326k-350k 5 11 1 0.4 2.7
351k-375k 11 8 2 0.1 8.3
376k-400k 12 9 1 0.1 8
401k-425k 4 9 0.4 2.7
426k-450k 8 7 0.1 6.9
451k-475k 4 12 1 0.5 2
476k-500k 4 6 1 0.3 4
501k-550k 10 20 2 0.3 3
551k-600k 10 10 0.2 6
601k-650k 14 10 3 0.1 8.4
651k-700k 9 8 2 0.1 6.8
701k-750k 15 11 0.1 8.2
751k-800k 10 5 0.1 12
801k-850k 1 3 1 0.5 2
851k-900k 12 9 4 0.1 8
901k-950k 4 0
951k-1m 2 2 0.2 6
1m-1.1m 3 1 0.1 18
1.1m-1.2m 1 2 0.3 3
1.2m-1.3m 3 0
1.3m-1.4m 2 0.3 0
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 1 2 0.3 3
1.6m-1.7m 1 0.2 0
2m-2.25m 2 1 0.1 12
2.25m-2.5m 1 0.2 0
2.5m-2.75m 1 0.2 0
2.75m-3m 1 0
3.5m-4m 1 0
6.01m-7m 1 0

Condos 12% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
101k-125k 2 1 1 0.1 12
126k-150k 1 5 3 0.8 1.2
151k-175k 4 5 0.2 4.8
176k-200k 35 27 4 0.1 7.8
201k-225k 29 27 4 0.2 6.4
226k-250k 41 34 7 0.1 7.2
251k-275k 39 36 4 0.2 6.5
276k-300k 53 44 8 0.1 7.2
301k-325k 23 37 2 0.3 3.7
326k-350k 25 22 2 0.1 6.8
351k-375k 17 12 3 0.1 8.5
376k-400k 31 20 2 0.1 9.3
401k-425k 14 19 2 0.2 4.4
426k-450k 10 6 1 0.1 10
451k-475k 6 5 1 0.1 7.2
476k-500k 15 13 2 0.1 6.9
501k-550k 18 9 2 0.1 12
551k-600k 8 5 1 0.1 9.6
601k-650k 7 11 0.3 3.8
651k-700k 7 8 1 0.2 5.3
701k-750k 6 6 0.2 6
751k-800k 3 4 3 0.2 4.5
801k-850k 2 2 0.2 6
851k-900k 4 3 0.1 8
901k-950k 3 3 1 0.2 6
951k-1m 2 3 0.3 4
1m-1.1m 6 1 0 36
1.1m-1.2m 9 0
1.2m-1.3m 3 6 2 0.3 3
1.3m-1.4m 4 0
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 2 0
1.6m-1.7m 3 0
1.7m-1.8m 3 1 0.1 18
1.9m-2m 1 1 0.2 6
2m-2.25m 3 2 0.1 9
2.25m-2.5m 5 1 0 30
2.5m-2.75m 1 2 0.3 3
2.75m-3m 2 4 0.3 3
3m-3.5m 3 3 0.2 6
3.5m-4m 1 0
4m-4.5m 2 0
4.5m-5m 5 1 0 30
5.01m-6m 2 0
11.01m-12m 1 0

Land 7% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
51k-75k 1 0
126k-150k 1 0
151k-175k 1 0
176k-200k 1 0
201k-225k 1 0
226k-250k 1 0
276k-300k 1 0
326k-350k 1 0.2 0
376k-400k 1 0
476k-500k 1 0.2 0
501k-550k 1 1 0.2 6
551k-600k 1 0.2 0
651k-700k 2 0
701k-750k 5 0
751k-800k 4 1 0 24
801k-850k 3 0
851k-900k 1 0
901k-950k 1 0
951k-1m 1 0
1m-1.1m 1 0
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 0
1.9m-2m 1 0
3m-3.5m 2 0
3.5m-4m 1 0.2 0
6.01m-7m 1 0
13.01m-14m 1 0.2 0