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 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 30 29 3 0.2 6.2
201k-225k 37 45 7 0.2 4.9
226k-250k 56 71 7 0.2 4.7
251k-275k 56 85 8 0.3 4
276k-300k 71 91 6 0.2 4.7
301k-325k 56 91 11 0.3 3.7
326k-350k 66 80 17 0.2 5
351k-375k 46 64 12 0.2 4.3
376k-400k 64 81 15 0.2 4.7
401k-425k 34 64 9 0.3 3.2
426k-450k 29 52 4 0.3 3.3
451k-475k 18 39 6 0.4 2.8
476k-500k 41 46 8 0.2 5.3
501k-550k 50 102 11 0.3 2.9
551k-600k 36 94 11 0.4 2.3
601k-650k 34 112 18 0.5 1.8
651k-700k 28 88 10 0.5 1.9
701k-750k 24 85 7 0.6 1.7
751k-800k 33 96 11 0.5 2.1
801k-850k 24 96 9 0.7 1.5
851k-900k 24 80 5 0.6 1.8
901k-950k 21 64 7 0.5 2
951k-1m 12 48 6 0.7 1.5
1m-1.1m 12 70 3 1 1
1.1m-1.2m 24 67 4 0.5 2.1
1.2m-1.3m 19 61 3 0.5 1.9
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 11 23 3 0.3 2.9
1.6m-1.7m 17 27 5 0.3 3.8
1.7m-1.8m 8 14 2 0.3 3.4
1.8m-1.9m 10 18 2 0.3 3.3
1.9m-2m 15 6 1 0.1 15
2m-2.25m 27 14 0.1 11.6
2.25m-2.5m 32 29 3 0.2 6.6
2.5m-2.75m 21 10 1 0.1 12.6
2.75m-3m 19 18 1 0.2 6.3
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 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 4 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