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 7 1 0.3 3.4
76k-100k 5 13 2 0.4 2.3
101k-125k 6 32 3 0.9 1.1
126k-150k 23 73 17 0.5 1.9
151k-175k 49 82 11 0.3 3.6
176k-200k 79 98 21 0.2 4.8
201k-225k 86 141 24 0.3 3.7
226k-250k 139 141 22 0.2 5.9
251k-275k 137 166 22 0.2 5
276k-300k 178 188 36 0.2 5.7
301k-325k 126 154 18 0.2 4.9
326k-350k 155 164 32 0.2 5.7
351k-375k 126 125 19 0.2 6
376k-400k 157 145 13 0.2 6.5
401k-425k 92 109 12 0.2 5.1
426k-450k 79 96 16 0.2 4.9
451k-475k 59 60 6 0.2 5.9
476k-500k 90 82 12 0.2 6.6
501k-550k 98 166 22 0.3 3.5
551k-600k 98 153 25 0.3 3.8
601k-650k 64 156 23 0.4 2.5
651k-700k 62 165 22 0.4 2.3
701k-750k 42 119 12 0.5 2.1
751k-800k 56 143 19 0.4 2.3
801k-850k 42 130 10 0.5 1.9
851k-900k 45 130 14 0.5 2.1
901k-950k 34 82 7 0.4 2.5
951k-1m 30 72 8 0.4 2.5
1m-1.1m 45 108 10 0.4 2.5
1.1m-1.2m 52 110 16 0.4 2.8
1.2m-1.3m 31 108 8 0.6 1.7
1.3m-1.4m 29 74 14 0.4 2.4
1.4m-1.5m 38 60 3 0.3 3.8
1.5m-1.6m 21 41 6 0.3 3.1
1.6m-1.7m 24 44 11 0.3 3.3
1.7m-1.8m 19 33 4 0.3 3.5
1.8m-1.9m 17 25 2 0.2 4.1
1.9m-2m 22 17 3 0.1 7.8
2m-2.25m 40 42 2 0.2 5.7
2.25m-2.5m 49 41 5 0.1 7.2
2.5m-2.75m 38 21 5 0.1 10.9
2.75m-3m 34 27 4 0.1 7.6
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 15 4 2 0 22.5
5.01m-6m 18 8 3 0.1 13.5
6.01m-7m 6 2 0.1 18
7.01m-8m 5 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