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 4 0
76k-100k 5 0.8 0
101k-125k 1 6 1 1 1
126k-150k 7 17 3 0.4 2.5
151k-175k 10 29 2 0.5 2.1
176k-200k 26 31 4 0.2 5
201k-225k 23 48 9 0.3 2.9
226k-250k 57 77 11 0.2 4.4
251k-275k 59 93 12 0.3 3.8
276k-300k 66 106 18 0.3 3.7
301k-325k 60 94 9 0.3 3.8
326k-350k 65 84 16 0.2 4.6
351k-375k 52 65 9 0.2 4.8
376k-400k 73 89 7 0.2 4.9
401k-425k 37 64 6 0.3 3.5
426k-450k 29 50 6 0.3 3.5
451k-475k 26 37 2 0.2 4.2
476k-500k 41 40 9 0.2 6.2
501k-550k 53 115 17 0.4 2.8
551k-600k 42 97 18 0.4 2.6
601k-650k 35 116 16 0.6 1.8
651k-700k 31 109 15 0.6 1.7
701k-750k 24 87 6 0.6 1.7
751k-800k 35 111 13 0.5 1.9
801k-850k 25 99 7 0.7 1.5
851k-900k 29 92 11 0.5 1.9
901k-950k 22 68 5 0.5 1.9
951k-1m 17 54 7 0.5 1.9
1m-1.1m 23 76 8 0.6 1.8
1.1m-1.2m 35 72 8 0.3 2.9
1.2m-1.3m 18 69 5 0.6 1.6
1.3m-1.4m 18 47 6 0.4 2.3
1.4m-1.5m 28 35 1 0.2 4.8
1.5m-1.6m 12 25 4 0.3 2.9
1.6m-1.7m 22 26 5 0.2 5.1
1.7m-1.8m 12 18 2 0.3 4
1.8m-1.9m 12 18 2 0.3 4
1.9m-2m 17 7 1 0.1 14.6
2m-2.25m 28 23 2 0.1 7.3
2.25m-2.5m 34 25 2 0.1 8.2
2.5m-2.75m 20 10 2 0.1 12
2.75m-3m 22 16 3 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 8 3 2 0.1 16
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