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 3 8 2 0.4 2.3
126k-150k 6 14 0.4 2.6
151k-175k 12 26 5 0.4 2.8
176k-200k 28 31 4 0.2 5.4
201k-225k 39 43 5 0.2 5.4
226k-250k 56 69 5 0.2 4.9
251k-275k 55 84 8 0.3 3.9
276k-300k 71 88 5 0.2 4.8
301k-325k 57 89 11 0.3 3.8
326k-350k 67 78 13 0.2 5.2
351k-375k 46 64 10 0.2 4.3
376k-400k 65 80 15 0.2 4.9
401k-425k 36 63 8 0.3 3.4
426k-450k 31 51 3 0.3 3.6
451k-475k 19 39 6 0.3 2.9
476k-500k 42 45 6 0.2 5.6
501k-550k 54 104 13 0.3 3.1
551k-600k 35 94 9 0.4 2.2
601k-650k 31 113 20 0.6 1.6
651k-700k 27 89 9 0.5 1.8
701k-750k 25 85 6 0.6 1.8
751k-800k 34 94 10 0.5 2.2
801k-850k 24 94 9 0.7 1.5
851k-900k 23 80 7 0.6 1.7
901k-950k 21 64 7 0.5 2
951k-1m 12 47 6 0.7 1.5
1m-1.1m 12 69 3 1 1
1.1m-1.2m 23 67 4 0.5 2.1
1.2m-1.3m 19 61 3 0.5 1.9
1.3m-1.4m 16 40 3 0.4 2.4
1.4m-1.5m 24 30 2 0.2 4.8
1.5m-1.6m 11 22 3 0.3 3
1.6m-1.7m 18 27 4 0.3 4
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 26 14 0.1 11.1
2.25m-2.5m 31 28 3 0.2 6.6
2.5m-2.75m 22 10 1 0.1 13.2
2.75m-3m 19 18 1 0.2 6.3
3m-3.5m 27 13 2 0.1 12.5
3.5m-4m 9 7 2 0.1 7.7
4m-4.5m 5 4 0.1 7.5
4.5m-5m 4 5 2 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