Absorption Report

Fulton County, House

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
26k-50k 1 1 0.2 0
51k-75k 4 9 1 0.4 2.7
76k-100k 4 13 3 0.5 1.8
101k-125k 7 32 3 0.8 1.3
126k-150k 21 75 17 0.6 1.7
151k-175k 49 84 14 0.3 3.5
176k-200k 81 96 20 0.2 5.1
201k-225k 85 134 20 0.3 3.8
226k-250k 136 143 26 0.2 5.7
251k-275k 137 167 23 0.2 4.9
276k-300k 179 184 28 0.2 5.8
301k-325k 130 151 16 0.2 5.2
326k-350k 149 162 32 0.2 5.5
351k-375k 128 124 21 0.2 6.2
376k-400k 158 145 9 0.2 6.5
401k-425k 92 106 13 0.2 5.2
426k-450k 79 99 18 0.2 4.8
451k-475k 59 58 4 0.2 6.1
476k-500k 87 84 13 0.2 6.2
501k-550k 102 162 20 0.3 3.8
551k-600k 97 155 26 0.3 3.8
601k-650k 67 154 25 0.4 2.6
651k-700k 64 168 22 0.4 2.3
701k-750k 43 119 11 0.5 2.2
751k-800k 59 140 18 0.4 2.5
801k-850k 40 130 15 0.5 1.8
851k-900k 47 133 15 0.5 2.1
901k-950k 34 85 10 0.4 2.4
951k-1m 31 70 8 0.4 2.7
1m-1.1m 46 111 13 0.4 2.5
1.1m-1.2m 51 111 16 0.4 2.8
1.2m-1.3m 31 110 8 0.6 1.7
1.3m-1.4m 30 73 12 0.4 2.5
1.4m-1.5m 34 62 6 0.3 3.3
1.5m-1.6m 20 43 9 0.4 2.8
1.6m-1.7m 25 43 12 0.3 3.5
1.7m-1.8m 18 34 9 0.3 3.2
1.8m-1.9m 16 26 3 0.3 3.7
1.9m-2m 22 17 3 0.1 7.8
2m-2.25m 39 43 2 0.2 5.4
2.25m-2.5m 49 42 6 0.1 7
2.5m-2.75m 38 21 4 0.1 10.9
2.75m-3m 36 26 4 0.1 8.3
3m-3.5m 48 20 2 0.1 14.4
3.5m-4m 32 19 2 0.1 10.1
4m-4.5m 17 7 3 0.1 14.6
4.5m-5m 17 3 1 0 34
5.01m-6m 17 7 2 0.1 14.6
6.01m-7m 6 2 0.1 18
7.01m-8m 5 0
8.01m-9m 1 5 3 0.8 1.2
9.01m-10m 4 1 1 0 24
11.01m-12m 2 0
16.01m-17m 1 0
37.01m-38m 1 0