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 26% 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 24
76k-100k 5 0.8 0
101k-125k 2 6 0.5 2
126k-150k 8 17 3 0.4 2.8
151k-175k 11 30 3 0.5 2.2
176k-200k 24 32 5 0.2 4.5
201k-225k 25 45 7 0.3 3.3
226k-250k 58 77 11 0.2 4.5
251k-275k 59 91 12 0.3 3.9
276k-300k 65 104 16 0.3 3.8
301k-325k 60 96 10 0.3 3.8
326k-350k 66 82 14 0.2 4.8
351k-375k 52 66 11 0.2 4.7
376k-400k 73 89 5 0.2 4.9
401k-425k 38 64 7 0.3 3.6
426k-450k 29 51 8 0.3 3.4
451k-475k 25 36 1 0.2 4.2
476k-500k 42 41 10 0.2 6.1
501k-550k 55 115 17 0.3 2.9
551k-600k 43 97 19 0.4 2.7
601k-650k 36 115 17 0.5 1.9
651k-700k 32 114 17 0.6 1.7
701k-750k 24 86 7 0.6 1.7
751k-800k 36 111 13 0.5 1.9
801k-850k 24 98 8 0.7 1.5
851k-900k 29 95 13 0.5 1.8
901k-950k 23 69 7 0.5 2
951k-1m 17 53 7 0.5 1.9
1m-1.1m 23 78 8 0.6 1.8
1.1m-1.2m 35 72 9 0.3 2.9
1.2m-1.3m 20 71 5 0.6 1.7
1.3m-1.4m 18 46 6 0.4 2.3
1.4m-1.5m 25 36 3 0.2 4.2
1.5m-1.6m 11 26 5 0.4 2.5
1.6m-1.7m 20 26 7 0.2 4.6
1.7m-1.8m 12 18 4 0.3 4
1.8m-1.9m 12 18 3 0.3 4
1.9m-2m 17 7 1 0.1 14.6
2m-2.25m 28 25 2 0.1 6.7
2.25m-2.5m 33 25 2 0.1 7.9
2.5m-2.75m 21 11 2 0.1 11.5
2.75m-3m 23 15 3 0.1 9.2
3m-3.5m 30 11 2 0.1 16.4
3.5m-4m 14 8 2 0.1 10.5
4m-4.5m 7 3 2 0.1 14
4.5m-5m 6 2 1 0.1 18
5.01m-6m 8 2 0 24
6.01m-7m 5 0
7.01m-8m 4 0
8.01m-9m 2 2 1 0.2 6
9.01m-10m 1 1 1 0.2 6
11.01m-12m 2 0
37.01m-38m 1 0