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 1 0 24
76k-100k 5 0.8 0
101k-125k 1 6 1 1
126k-150k 8 17 3 0.4 2.8
151k-175k 11 30 4 0.5 2.2
176k-200k 26 33 6 0.2 4.7
201k-225k 25 41 4 0.3 3.7
226k-250k 58 77 11 0.2 4.5
251k-275k 60 91 14 0.3 4
276k-300k 66 100 15 0.3 4
301k-325k 59 102 14 0.3 3.5
326k-350k 62 84 15 0.2 4.4
351k-375k 51 66 11 0.2 4.6
376k-400k 73 91 7 0.2 4.8
401k-425k 36 66 7 0.3 3.3
426k-450k 28 53 11 0.3 3.2
451k-475k 26 36 2 0.2 4.3
476k-500k 38 42 11 0.2 5.4
501k-550k 57 114 17 0.3 3
551k-600k 45 96 18 0.4 2.8
601k-650k 37 118 19 0.5 1.9
651k-700k 34 115 17 0.6 1.8
701k-750k 24 89 6 0.6 1.6
751k-800k 37 113 12 0.5 2
801k-850k 22 97 10 0.7 1.4
851k-900k 33 96 10 0.5 2.1
901k-950k 23 71 9 0.5 1.9
951k-1m 18 53 7 0.5 2
1m-1.1m 25 77 8 0.5 1.9
1.1m-1.2m 33 75 10 0.4 2.6
1.2m-1.3m 19 71 5 0.6 1.6
1.3m-1.4m 19 47 7 0.4 2.4
1.4m-1.5m 26 37 3 0.2 4.2
1.5m-1.6m 11 26 5 0.4 2.5
1.6m-1.7m 18 26 6 0.2 4.2
1.7m-1.8m 12 19 5 0.3 3.8
1.8m-1.9m 13 17 3 0.2 4.6
1.9m-2m 18 7 0.1 15.4
2m-2.25m 28 25 1 0.1 6.7
2.25m-2.5m 34 26 2 0.1 7.8
2.5m-2.75m 20 11 2 0.1 10.9
2.75m-3m 23 17 3 0.1 8.1
3m-3.5m 31 13 3 0.1 14.3
3.5m-4m 15 7 1 0.1 12.9
4m-4.5m 8 2 1 0 24
4.5m-5m 7 1 0 42
5.01m-6m 8 2 0 24
6.01m-7m 5 0
7.01m-8m 4 0
8.01m-9m 1 3 1 0.5 2
9.01m-10m 2 0
11.01m-12m 2 0
37.01m-38m 1 0