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 25 30 3 0.2 5
201k-225k 23 48 8 0.3 2.9
226k-250k 56 77 11 0.2 4.4
251k-275k 57 93 12 0.3 3.7
276k-300k 65 103 17 0.3 3.8
301k-325k 61 93 9 0.3 3.9
326k-350k 62 81 15 0.2 4.6
351k-375k 51 63 9 0.2 4.9
376k-400k 73 88 7 0.2 5
401k-425k 35 64 6 0.3 3.3
426k-450k 29 48 6 0.3 3.6
451k-475k 26 37 2 0.2 4.2
476k-500k 37 40 9 0.2 5.6
501k-550k 51 114 17 0.4 2.7
551k-600k 39 94 17 0.4 2.5
601k-650k 35 116 17 0.6 1.8
651k-700k 30 105 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 6 0.7 1.5
851k-900k 29 90 11 0.5 1.9
901k-950k 21 68 5 0.5 1.9
951k-1m 15 54 6 0.6 1.7
1m-1.1m 23 75 8 0.5 1.8
1.1m-1.2m 34 72 8 0.4 2.8
1.2m-1.3m 17 69 4 0.7 1.5
1.3m-1.4m 18 47 6 0.4 2.3
1.4m-1.5m 29 35 1 0.2 5
1.5m-1.6m 11 25 4 0.4 2.6
1.6m-1.7m 22 26 5 0.2 5.1
1.7m-1.8m 11 18 2 0.3 3.7
1.8m-1.9m 12 18 2 0.3 4
1.9m-2m 17 6 1 0.1 17
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