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 24% 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 1 1 0.2 6
76k-100k 2 0.3 0
101k-125k 3 9 2 0.5 2
126k-150k 6 13 1 0.4 2.8
151k-175k 9 28 6 0.5 1.9
176k-200k 21 29 6 0.2 4.3
201k-225k 34 44 7 0.2 4.6
226k-250k 55 67 7 0.2 4.9
251k-275k 58 83 6 0.2 4.2
276k-300k 71 79 6 0.2 5.4
301k-325k 49 95 11 0.3 3.1
326k-350k 62 73 12 0.2 5.1
351k-375k 35 61 5 0.3 3.4
376k-400k 55 84 19 0.3 3.9
401k-425k 37 59 5 0.3 3.8
426k-450k 37 48 2 0.2 4.6
451k-475k 26 36 3 0.2 4.3
476k-500k 35 46 4 0.2 4.6
501k-550k 47 99 8 0.4 2.8
551k-600k 36 96 8 0.4 2.3
601k-650k 27 114 19 0.7 1.4
651k-700k 27 84 8 0.5 1.9
701k-750k 23 86 9 0.6 1.6
751k-800k 33 87 7 0.4 2.3
801k-850k 21 89 10 0.7 1.4
851k-900k 21 83 13 0.7 1.5
901k-950k 17 62 5 0.6 1.6
951k-1m 12 45 7 0.6 1.6
1m-1.1m 14 65 0.8 1.3
1.1m-1.2m 22 54 4 0.4 2.4
1.2m-1.3m 15 57 3 0.6 1.6
1.3m-1.4m 18 39 2 0.4 2.8
1.4m-1.5m 17 27 5 0.3 3.8
1.5m-1.6m 11 19 1 0.3 3.5
1.6m-1.7m 15 27 1 0.3 3.3
1.7m-1.8m 9 13 2 0.2 4.2
1.8m-1.9m 7 17 1 0.4 2.5
1.9m-2m 13 6 1 0.1 13
2m-2.25m 25 14 1 0.1 10.7
2.25m-2.5m 30 24 2 0.1 7.5
2.5m-2.75m 22 12 0.1 11
2.75m-3m 16 14 0.1 6.9
3m-3.5m 23 14 2 0.1 9.9
3.5m-4m 9 7 1 0.1 7.7
4m-4.5m 3 5 1 0.3 3.6
4.5m-5m 6 4 1 0.1 9
5.01m-6m 5 3 0.1 10
6.01m-7m 4 0
7.01m-8m 6 0
8.01m-9m 1 2 0.3 3
9.01m-10m 1 0
10.01m-11m 1 0
11.01m-12m 1 0
37.01m-38m 1 0