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 2 0.9 1.1
126k-150k 23 72 17 0.5 1.9
151k-175k 49 82 8 0.3 3.6
176k-200k 79 98 20 0.2 4.8
201k-225k 86 140 23 0.3 3.7
226k-250k 139 141 22 0.2 5.9
251k-275k 137 165 21 0.2 5
276k-300k 178 186 35 0.2 5.7
301k-325k 126 153 18 0.2 4.9
326k-350k 155 163 31 0.2 5.7
351k-375k 126 124 18 0.2 6.1
376k-400k 157 144 13 0.2 6.5
401k-425k 92 105 11 0.2 5.3
426k-450k 79 96 15 0.2 4.9
451k-475k 59 59 6 0.2 6
476k-500k 90 79 10 0.1 6.8
501k-550k 98 166 22 0.3 3.5
551k-600k 98 152 25 0.3 3.9
601k-650k 64 156 21 0.4 2.5
651k-700k 62 163 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 45 128 14 0.5 2.1
901k-950k 34 82 6 0.4 2.5
951k-1m 30 72 8 0.4 2.5
1m-1.1m 45 107 9 0.4 2.5
1.1m-1.2m 52 110 15 0.4 2.8
1.2m-1.3m 31 107 8 0.6 1.7
1.3m-1.4m 29 74 12 0.4 2.4
1.4m-1.5m 38 60 2 0.3 3.8
1.5m-1.6m 21 41 6 0.3 3.1
1.6m-1.7m 25 44 10 0.3 3.4
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 2 0.1 7.8
2m-2.25m 40 41 2 0.2 5.9
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