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 0.1 12
76k-100k 2 0.3 0
101k-125k 3 8 1 0.4 2.3
126k-150k 6 13 0.4 2.8
151k-175k 11 27 6 0.4 2.4
176k-200k 27 32 6 0.2 5.1
201k-225k 36 45 6 0.2 4.8
226k-250k 56 70 5 0.2 4.8
251k-275k 53 82 8 0.3 3.9
276k-300k 72 88 5 0.2 4.9
301k-325k 54 90 12 0.3 3.6
326k-350k 65 78 14 0.2 5
351k-375k 44 63 9 0.2 4.2
376k-400k 64 81 17 0.2 4.7
401k-425k 37 60 6 0.3 3.7
426k-450k 31 51 4 0.3 3.6
451k-475k 20 39 7 0.3 3.1
476k-500k 40 46 8 0.2 5.2
501k-550k 52 102 12 0.3 3.1
551k-600k 38 91 9 0.4 2.5
601k-650k 29 114 20 0.7 1.5
651k-700k 25 85 9 0.6 1.8
701k-750k 25 84 7 0.6 1.8
751k-800k 31 93 12 0.5 2
801k-850k 22 93 9 0.7 1.4
851k-900k 22 79 8 0.6 1.7
901k-950k 22 63 6 0.5 2.1
951k-1m 12 48 7 0.7 1.5
1m-1.1m 12 66 3 0.9 1.1
1.1m-1.2m 21 66 6 0.5 1.9
1.2m-1.3m 16 61 4 0.6 1.6
1.3m-1.4m 16 38 2 0.4 2.5
1.4m-1.5m 24 31 2 0.2 4.6
1.5m-1.6m 11 21 3 0.3 3.1
1.6m-1.7m 18 28 4 0.3 3.9
1.7m-1.8m 8 13 2 0.3 3.7
1.8m-1.9m 9 19 3 0.4 2.8
1.9m-2m 15 6 0.1 15
2m-2.25m 25 15 1 0.1 10
2.25m-2.5m 31 27 2 0.1 6.9
2.5m-2.75m 23 10 1 0.1 13.8
2.75m-3m 18 18 1 0.2 6
3m-3.5m 27 13 2 0.1 12.5
3.5m-4m 8 7 1 0.1 6.9
4m-4.5m 5 4 0.1 7.5
4.5m-5m 4 5 1 0.2 4.8
5.01m-6m 5 3 0.1 10
6.01m-7m 4 0
7.01m-8m 5 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