Absorption Report

Fulton County 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 27% 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 2 1 1 0.1 12
76k-100k 2 0.3 0
101k-125k 2 8 2 0.7 1.5
126k-150k 7 15 0.4 2.8
151k-175k 14 24 3 0.3 3.5
176k-200k 29 29 3 0.2 6
201k-225k 38 45 7 0.2 5.1
226k-250k 57 72 7 0.2 4.8
251k-275k 57 84 8 0.2 4.1
276k-300k 70 92 6 0.2 4.6
301k-325k 55 90 10 0.3 3.7
326k-350k 67 79 16 0.2 5.1
351k-375k 47 63 11 0.2 4.5
376k-400k 63 81 15 0.2 4.7
401k-425k 34 66 9 0.3 3.1
426k-450k 29 53 4 0.3 3.3
451k-475k 18 40 6 0.4 2.7
476k-500k 41 45 8 0.2 5.5
501k-550k 50 107 12 0.4 2.8
551k-600k 36 96 13 0.4 2.3
601k-650k 34 114 19 0.6 1.8
651k-700k 28 89 10 0.5 1.9
701k-750k 24 90 7 0.6 1.6
751k-800k 35 96 10 0.5 2.2
801k-850k 24 99 10 0.7 1.5
851k-900k 25 80 4 0.5 1.9
901k-950k 21 67 7 0.5 1.9
951k-1m 12 49 6 0.7 1.5
1m-1.1m 12 71 4 1 1
1.1m-1.2m 25 67 5 0.4 2.2
1.2m-1.3m 18 63 3 0.6 1.7
1.3m-1.4m 17 40 3 0.4 2.6
1.4m-1.5m 24 30 3 0.2 4.8
1.5m-1.6m 10 23 3 0.4 2.6
1.6m-1.7m 17 28 5 0.3 3.6
1.7m-1.8m 8 14 2 0.3 3.4
1.8m-1.9m 11 18 2 0.3 3.7
1.9m-2m 14 6 1 0.1 14
2m-2.25m 27 14 0.1 11.6
2.25m-2.5m 32 29 4 0.2 6.6
2.5m-2.75m 21 10 1 0.1 12.6
2.75m-3m 19 19 1 0.2 6
3m-3.5m 27 14 2 0.1 11.6
3.5m-4m 9 7 2 0.1 7.7
4m-4.5m 5 4 1 0.1 7.5
4.5m-5m 5 4 3 0.1 7.5
5.01m-6m 5 3 1 0.1 10
6.01m-7m 5 0
7.01m-8m 5 0
8.01m-9m 1 1 0.2 6
9.01m-10m 1 1 0.2 6
10.01m-11m 1 0
11.01m-12m 1 0
37.01m-38m 1 0