Absorption Report

Alpharetta, Ball Ground, Canton, Cumming, Woodstock, Creekview High 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 39% 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
126k-150k 1 1 0.2 6
151k-175k 1 0.2 0
176k-200k 1 0.2 0
201k-225k 1 3 2 0.5 2
226k-250k 3 1 0.5 0
251k-275k 2 5 1 0.4 2.4
276k-300k 2 12 1 1 1
301k-325k 1 13 3 2.2 0.5
326k-350k 3 29 7 1.6 0.6
351k-375k 10 30 4 0.5 2
376k-400k 12 37 9 0.5 1.9
401k-425k 8 45 5 0.9 1.1
426k-450k 16 55 7 0.6 1.7
451k-475k 13 47 5 0.6 1.7
476k-500k 17 47 9 0.5 2.2
501k-550k 20 84 18 0.7 1.4
551k-600k 23 74 15 0.5 1.9
601k-650k 22 68 16 0.5 1.9
651k-700k 32 60 10 0.3 3.2
701k-750k 24 57 10 0.4 2.5
751k-800k 25 36 10 0.2 4.2
801k-850k 8 21 2 0.4 2.3
851k-900k 11 17 1 0.3 3.9
901k-950k 4 8 0.3 3
951k-1m 11 9 1 0.1 7.3
1m-1.1m 5 10 2 0.3 3
1.1m-1.2m 4 6 1 0.3 4
1.2m-1.3m 5 10 3 0.3 3
1.3m-1.4m 5 8 3 0.3 3.8
1.4m-1.5m 9 1 0 54
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 7 2 1 0 21
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 5 1 0 30
1.9m-2m 1 0
2m-2.25m 1 1 0.2 6
2.25m-2.5m 5 2 1 0.1 15
2.5m-2.75m 1 0.2 0
2.75m-3m 1 1 0.2 0
3m-3.5m 1 0
3.5m-4m 3 0

Townhouses 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
276k-300k 2 1 0.3 0
301k-325k 2 6 3 0.5 2
326k-350k 3 8 1 0.4 2.3
376k-400k 4 0.7 0
401k-425k 1 3 0.5 2
426k-450k 8 6 1 0.1 8
451k-475k 1 2 0.3 3
476k-500k 2 2 1 0.2 6
501k-550k 3 2 0.1 9
551k-600k 5 0
601k-650k 1 1 0.2 6
651k-700k 1 0.2 0
701k-750k 3 0
751k-800k 1 0
801k-850k 1 0

Condos NAN% 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
301k-325k 1 0.2 0
351k-375k 1 0.2 0

Land 18% 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
26k-50k 3 3 0.2 6
51k-75k 3 4 3 0.2 4.5
76k-100k 5 2 1 0.1 15
101k-125k 4 3 1 0.1 8
126k-150k 2 1 0.1 12
151k-175k 1 3 1 0.5 2
176k-200k 4 6 1 0.3 4
201k-225k 4 2 0.1 12
226k-250k 8 2 1 0 24
251k-275k 5 3 0.1 10
276k-300k 6 0
301k-325k 2 2 0.2 6
326k-350k 4 4 0.2 6
351k-375k 4 1 0 24
376k-400k 1 0
401k-425k 1 0.2 0
426k-450k 4 2 0.1 12
451k-475k 1 2 0.3 3
476k-500k 1 0
501k-550k 2 1 0.1 12
551k-600k 2 1 0.1 12
601k-650k 2 3 0.3 4
651k-700k 2 1 0.1 12
701k-750k 1 0
751k-800k 1 0
801k-850k 1 0
851k-900k 1 1 0.2 6
901k-950k 1 1 0.2 6
1m-1.1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 1 1 0.2 6
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 2 0
1.9m-2m 2 0
2m-2.25m 1 0.2 0
2.25m-2.5m 2 1 0.1 12
2.75m-3m 2 0
3m-3.5m 1 0.2 0
3.5m-4m 1 1 0.2 6
4m-4.5m 1 0