Absorption Report

Acworth, Woodstock, Carmel Elementary School


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 33% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 0.2 0
76k-100k 2 0.3 0
101k-125k 1 3 1 0.5 2
126k-150k 2 3 1 0.3 4
151k-175k 5 1 0.8 0
176k-200k 1 9 1 1.5 0.7
201k-225k 1 11 2 1.8 0.5
226k-250k 6 15 2 0.4 2.4
251k-275k 6 28 3 0.8 1.3
276k-300k 7 37 14 0.9 1.1
301k-325k 4 39 8 1.6 0.6
326k-350k 9 49 6 0.9 1.1
351k-375k 12 45 8 0.6 1.6
376k-400k 14 54 8 0.6 1.6
401k-425k 10 27 5 0.5 2.2
426k-450k 21 38 6 0.3 3.3
451k-475k 6 14 3 0.4 2.6
476k-500k 17 32 3 0.3 3.2
501k-550k 18 36 8 0.3 3
551k-600k 12 26 5 0.4 2.8
601k-650k 18 24 5 0.2 4.5
651k-700k 19 14 3 0.1 8.1
701k-750k 15 11 1 0.1 8.2
751k-800k 10 16 0.3 3.8
801k-850k 9 8 2 0.1 6.8
851k-900k 9 8 0.1 6.8
901k-950k 7 9 3 0.2 4.7
951k-1m 11 1 0 66
1m-1.1m 6 7 1 0.2 5.1
1.1m-1.2m 15 6 0.1 15
1.2m-1.3m 11 8 2 0.1 8.3
1.3m-1.4m 6 4 0.1 9
1.4m-1.5m 5 3 1 0.1 10
1.5m-1.6m 2 5 0.4 2.4
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 5 1 0 30
1.8m-1.9m 2 1 0.1 12
1.9m-2m 1 3 0.5 2
2m-2.25m 5 0
2.25m-2.5m 2 2 0.2 6
2.5m-2.75m 3 0
2.75m-3m 2 1 0.1 12
3m-3.5m 4 0
3.5m-4m 1 0
5.01m-6m 1 0

Townhouses 40% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
251k-275k 3 2 0.5 0
276k-300k 1 2 0.3 3
301k-325k 2 5 2 0.4 2.4
326k-350k 7 1 0 42
351k-375k 2 1 0.3 0
376k-400k 1 0
401k-425k 1 0
451k-475k 1 0.2 0
476k-500k 1 3 0.5 2
501k-550k 2 2 1 0.2 6

Condos 60% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
176k-200k 2 0.3 0
201k-225k 3 1 0.5 0
251k-275k 2 0.3 0
276k-300k 2 0
301k-325k 1 1 0.2 0
326k-350k 1 1 0.2 0

Land 11% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
1k-25k 1 4 0.7 1.5
26k-50k 15 10 2 0.1 9
51k-75k 5 6 0.2 5
76k-100k 17 6 0.1 17
101k-125k 14 1 0 84
126k-150k 10 6 1 0.1 10
151k-175k 5 2 1 0.1 15
176k-200k 5 6 0.2 5
201k-225k 12 3 0 24
226k-250k 4 2 1 0.1 12
251k-275k 1 1 0.2 6
276k-300k 4 2 0.1 12
301k-325k 1 1 0.2 6
326k-350k 4 4 1 0.2 6
351k-375k 3 0
376k-400k 7 0
401k-425k 3 0
426k-450k 1 0
451k-475k 3 0
476k-500k 1 0
501k-550k 2 1 0.1 12
551k-600k 4 0
601k-650k 6 1 0 36
651k-700k 5 0
701k-750k 4 1 0 24
751k-800k 4 0
801k-850k 2 0
851k-900k 1 0
901k-950k 1 0.2 0
951k-1m 2 1 0.1 12
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 1 1 0.2 6
1.3m-1.4m 2 0
1.6m-1.7m 1 0.2 0
3m-3.5m 1 0
5.01m-6m 1 0
9.01m-10m 1 0.2 0