Absorption Report

Atlanta Public Schools School District, 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 20% 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
51k-75k 4 1 0.7 0
76k-100k 3 5 2 0.3 3.6
101k-125k 3 16 3 0.9 1.1
126k-150k 11 37 9 0.6 1.8
151k-175k 22 31 7 0.2 4.3
176k-200k 36 35 9 0.2 6.2
201k-225k 37 54 6 0.2 4.1
226k-250k 58 40 10 0.1 8.7
251k-275k 48 42 5 0.1 6.9
276k-300k 79 48 9 0.1 9.9
301k-325k 47 41 5 0.1 6.9
326k-350k 67 61 15 0.2 6.6
351k-375k 61 47 7 0.1 7.8
376k-400k 70 49 5 0.1 8.6
401k-425k 39 37 7 0.2 6.3
426k-450k 40 42 8 0.2 5.7
451k-475k 27 27 3 0.2 6
476k-500k 41 40 4 0.2 6.2
501k-550k 42 55 6 0.2 4.6
551k-600k 60 59 6 0.2 6.1
601k-650k 32 63 11 0.3 3
651k-700k 35 74 10 0.4 2.8
701k-750k 21 42 7 0.3 3
751k-800k 25 40 6 0.3 3.8
801k-850k 22 42 9 0.3 3.1
851k-900k 21 54 5 0.4 2.3
901k-950k 18 18 2 0.2 6
951k-1m 15 22 2 0.2 4.1
1m-1.1m 22 41 6 0.3 3.2
1.1m-1.2m 24 43 6 0.3 3.3
1.2m-1.3m 10 42 4 0.7 1.4
1.3m-1.4m 13 29 7 0.4 2.7
1.4m-1.5m 10 30 3 0.5 2
1.5m-1.6m 11 19 3 0.3 3.5
1.6m-1.7m 8 17 4 0.4 2.8
1.7m-1.8m 10 14 3 0.2 4.3
1.8m-1.9m 3 9 1 0.5 2
1.9m-2m 7 10 2 0.2 4.2
2m-2.25m 12 21 2 0.3 3.4
2.25m-2.5m 14 17 5 0.2 4.9
2.5m-2.75m 17 10 2 0.1 10.2
2.75m-3m 13 12 2 0.2 6.5
3m-3.5m 17 10 0.1 10.2
3.5m-4m 18 11 0.1 9.8
4m-4.5m 10 4 1 0.1 15
4.5m-5m 11 1 1 0 66
5.01m-6m 9 5 2 0.1 10.8
6.01m-7m 1 2 0.3 3
7.01m-8m 1 0
8.01m-9m 3 2 0.5 0
9.01m-10m 3 0
16.01m-17m 1 0