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 24% 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 7 1 0.3 3.4
76k-100k 5 13 2 0.4 2.3
101k-125k 7 32 2 0.8 1.3
126k-150k 23 71 16 0.5 1.9
151k-175k 46 83 9 0.3 3.3
176k-200k 75 97 18 0.2 4.6
201k-225k 82 142 24 0.3 3.5
226k-250k 137 143 24 0.2 5.7
251k-275k 131 164 22 0.2 4.8
276k-300k 170 182 34 0.2 5.6
301k-325k 125 151 17 0.2 5
326k-350k 152 161 31 0.2 5.7
351k-375k 122 122 17 0.2 6
376k-400k 153 143 14 0.2 6.4
401k-425k 87 105 11 0.2 5
426k-450k 80 93 14 0.2 5.2
451k-475k 58 59 6 0.2 5.9
476k-500k 82 80 11 0.2 6.2
501k-550k 94 166 23 0.3 3.4
551k-600k 90 149 27 0.3 3.6
601k-650k 60 157 24 0.4 2.3
651k-700k 59 157 21 0.4 2.3
701k-750k 41 118 11 0.5 2.1
751k-800k 56 142 18 0.4 2.4
801k-850k 40 131 10 0.5 1.8
851k-900k 45 125 14 0.5 2.2
901k-950k 32 81 6 0.4 2.4
951k-1m 28 72 7 0.4 2.3
1m-1.1m 43 108 11 0.4 2.4
1.1m-1.2m 51 110 15 0.4 2.8
1.2m-1.3m 28 106 6 0.6 1.6
1.3m-1.4m 29 74 11 0.4 2.4
1.4m-1.5m 39 60 2 0.3 3.9
1.5m-1.6m 18 39 6 0.4 2.8
1.6m-1.7m 25 45 11 0.3 3.3
1.7m-1.8m 18 33 4 0.3 3.3
1.8m-1.9m 18 25 2 0.2 4.3
1.9m-2m 20 17 3 0.1 7.1
2m-2.25m 40 40 2 0.2 6
2.25m-2.5m 48 41 6 0.1 7
2.5m-2.75m 38 21 3 0.1 10.9
2.75m-3m 33 27 4 0.1 7.3
3m-3.5m 47 20 2 0.1 14.1
3.5m-4m 32 20 2 0.1 9.6
4m-4.5m 18 6 3 0.1 18
4.5m-5m 16 4 2 0 24
5.01m-6m 18 8 3 0.1 13.5
6.01m-7m 6 2 0.1 18
7.01m-8m 6 0
8.01m-9m 2 4 2 0.3 3
9.01m-10m 4 1 1 0 24
11.01m-12m 2 0
16.01m-17m 1 0
37.01m-38m 1 0