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 31 5 0.2 4.6
201k-225k 25 47 8 0.3 3.2
226k-250k 59 76 10 0.2 4.7
251k-275k 58 93 13 0.3 3.7
276k-300k 67 103 16 0.3 3.9
301k-325k 60 96 10 0.3 3.8
326k-350k 65 83 15 0.2 4.7
351k-375k 52 66 11 0.2 4.7
376k-400k 72 91 7 0.2 4.7
401k-425k 39 64 7 0.3 3.7
426k-450k 29 50 7 0.3 3.5
451k-475k 25 37 2 0.2 4.1
476k-500k 42 41 10 0.2 6.1
501k-550k 55 115 17 0.3 2.9
551k-600k 43 98 19 0.4 2.6
601k-650k 36 115 17 0.5 1.9
651k-700k 32 114 17 0.6 1.7
701k-750k 24 87 8 0.6 1.7
751k-800k 37 110 12 0.5 2
801k-850k 25 98 7 0.7 1.5
851k-900k 28 94 13 0.6 1.8
901k-950k 23 67 5 0.5 2.1
951k-1m 17 54 9 0.5 1.9
1m-1.1m 23 79 8 0.6 1.7
1.1m-1.2m 35 72 9 0.3 2.9
1.2m-1.3m 20 70 4 0.6 1.7
1.3m-1.4m 18 47 7 0.4 2.3
1.4m-1.5m 26 35 2 0.2 4.5
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 22 16 4 0.1 8.3
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