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 26% 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 9 27 6 0.5 2
176k-200k 25 27 5 0.2 5.6
201k-225k 37 43 5 0.2 5.2
226k-250k 57 66 5 0.2 5.2
251k-275k 56 83 8 0.2 4
276k-300k 66 82 6 0.2 4.8
301k-325k 45 94 12 0.3 2.9
326k-350k 55 72 13 0.2 4.6
351k-375k 41 62 8 0.3 4
376k-400k 61 80 15 0.2 4.6
401k-425k 32 60 6 0.3 3.2
426k-450k 29 49 3 0.3 3.6
451k-475k 25 37 5 0.2 4.1
476k-500k 33 45 7 0.2 4.4
501k-550k 50 101 11 0.3 3
551k-600k 36 95 9 0.4 2.3
601k-650k 27 111 17 0.7 1.5
651k-700k 26 84 7 0.5 1.9
701k-750k 23 81 6 0.6 1.7
751k-800k 28 94 11 0.6 1.8
801k-850k 22 91 8 0.7 1.5
851k-900k 22 78 8 0.6 1.7
901k-950k 18 62 5 0.6 1.7
951k-1m 11 47 6 0.7 1.4
1m-1.1m 13 65 1 0.8 1.2
1.1m-1.2m 20 58 6 0.5 2.1
1.2m-1.3m 16 60 3 0.6 1.6
1.3m-1.4m 17 38 1 0.4 2.7
1.4m-1.5m 20 30 4 0.3 4
1.5m-1.6m 11 19 1 0.3 3.5
1.6m-1.7m 15 28 3 0.3 3.2
1.7m-1.8m 7 13 2 0.3 3.2
1.8m-1.9m 8 18 1 0.4 2.7
1.9m-2m 11 6 2 0.1 11
2m-2.25m 24 14 1 0.1 10.3
2.25m-2.5m 31 24 2 0.1 7.8
2.5m-2.75m 21 12 1 0.1 10.5
2.75m-3m 18 14 0.1 7.7
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