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 1 1 0.2 6
76k-100k 2 0.3 0
101k-125k 2 9 2 0.8 1.3
126k-150k 4 13 1 0.5 1.8
151k-175k 8 27 6 0.6 1.8
176k-200k 24 30 6 0.2 4.8
201k-225k 34 43 5 0.2 4.7
226k-250k 58 70 6 0.2 5
251k-275k 55 82 9 0.2 4
276k-300k 64 83 5 0.2 4.6
301k-325k 45 93 13 0.3 2.9
326k-350k 56 73 14 0.2 4.6
351k-375k 41 61 10 0.2 4
376k-400k 60 82 16 0.2 4.4
401k-425k 32 60 6 0.3 3.2
426k-450k 28 50 4 0.3 3.4
451k-475k 25 39 7 0.3 3.8
476k-500k 32 46 8 0.2 4.2
501k-550k 52 101 13 0.3 3.1
551k-600k 37 93 10 0.4 2.4
601k-650k 26 113 20 0.7 1.4
651k-700k 26 85 6 0.5 1.8
701k-750k 24 81 6 0.6 1.8
751k-800k 29 94 13 0.5 1.9
801k-850k 22 91 8 0.7 1.5
851k-900k 21 81 10 0.6 1.6
901k-950k 17 64 7 0.6 1.6
951k-1m 11 49 8 0.7 1.3
1m-1.1m 11 65 1 1 1
1.1m-1.2m 20 59 6 0.5 2
1.2m-1.3m 16 63 4 0.7 1.5
1.3m-1.4m 17 37 2 0.4 2.8
1.4m-1.5m 20 32 4 0.3 3.8
1.5m-1.6m 12 20 1 0.3 3.6
1.6m-1.7m 17 28 3 0.3 3.6
1.7m-1.8m 7 11 2 0.3 3.8
1.8m-1.9m 8 19 1 0.4 2.5
1.9m-2m 11 7 2 0.1 9.4
2m-2.25m 25 14 1 0.1 10.7
2.25m-2.5m 31 26 2 0.1 7.2
2.5m-2.75m 21 11 1 0.1 11.5
2.75m-3m 18 15 0.1 7.2
3m-3.5m 24 13 1 0.1 11.1
3.5m-4m 7 7 1 0.2 6
4m-4.5m 4 4 0.2 6
4.5m-5m 4 5 1 0.2 4.8
5.01m-6m 4 3 0.1 8
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