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 28% 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 7 2 0.6 1.7
126k-150k 7 14 1 0.3 3
151k-175k 14 22 2 0.3 3.8
176k-200k 26 34 7 0.2 4.6
201k-225k 34 47 9 0.2 4.3
226k-250k 53 74 10 0.2 4.3
251k-275k 56 90 13 0.3 3.7
276k-300k 68 94 14 0.2 4.3
301k-325k 58 91 11 0.3 3.8
326k-350k 72 74 12 0.2 5.8
351k-375k 46 68 13 0.2 4.1
376k-400k 63 80 14 0.2 4.7
401k-425k 32 69 9 0.4 2.8
426k-450k 25 52 7 0.3 2.9
451k-475k 19 38 6 0.3 3
476k-500k 36 44 10 0.2 4.9
501k-550k 50 110 19 0.4 2.7
551k-600k 34 98 16 0.5 2.1
601k-650k 29 116 20 0.7 1.5
651k-700k 30 92 10 0.5 2
701k-750k 24 90 8 0.6 1.6
751k-800k 30 102 13 0.6 1.8
801k-850k 24 99 10 0.7 1.5
851k-900k 26 83 6 0.5 1.9
901k-950k 23 70 6 0.5 2
951k-1m 15 46 5 0.5 2
1m-1.1m 13 75 8 1 1
1.1m-1.2m 26 67 8 0.4 2.3
1.2m-1.3m 15 67 5 0.7 1.3
1.3m-1.4m 21 43 4 0.3 2.9
1.4m-1.5m 25 31 2 0.2 4.8
1.5m-1.6m 10 23 3 0.4 2.6
1.6m-1.7m 17 29 6 0.3 3.5
1.7m-1.8m 10 12 1 0.2 5
1.8m-1.9m 12 19 3 0.3 3.8
1.9m-2m 13 7 2 0.1 11.1
2m-2.25m 29 16 0.1 10.9
2.25m-2.5m 32 27 3 0.1 7.1
2.5m-2.75m 21 10 2 0.1 12.6
2.75m-3m 18 19 3 0.2 5.7
3m-3.5m 28 13 2 0.1 12.9
3.5m-4m 10 6 2 0.1 10
4m-4.5m 6 3 1 0.1 12
4.5m-5m 4 4 3 0.2 6
5.01m-6m 7 3 1 0.1 14
6.01m-7m 5 0
7.01m-8m 5 0
8.01m-9m 1 2 1 0.3 3
9.01m-10m 1 1 0.2 6
10.01m-11m 1 0
11.01m-12m 1 0
37.01m-38m 1 0