Supply & Demand in Atlanta, GA

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 24% 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
-24,000-0 2 0
26k-50k 1 0.2 0
51k-75k 6 3 0.1 12
76k-100k 2 16 1 1.3 0.8
101k-125k 12 29 6 0.4 2.5
126k-150k 22 59 12 0.4 2.2
151k-175k 33 92 14 0.5 2.2
176k-200k 88 124 33 0.2 4.3
201k-225k 108 111 30 0.2 5.8
226k-250k 151 121 27 0.1 7.5
251k-275k 124 124 31 0.2 6
276k-300k 167 128 25 0.1 7.8
301k-325k 112 81 13 0.1 8.3
326k-350k 127 101 16 0.1 7.5
351k-375k 86 100 26 0.2 5.2
376k-400k 121 95 19 0.1 7.6
401k-425k 74 72 13 0.2 6.2
426k-450k 82 74 9 0.2 6.6
451k-475k 60 57 9 0.2 6.3
476k-500k 74 76 18 0.2 5.8
501k-550k 128 108 18 0.1 7.1
551k-600k 111 119 21 0.2 5.6
601k-650k 91 110 21 0.2 5
651k-700k 70 110 25 0.3 3.8
701k-750k 66 100 27 0.3 4
751k-800k 42 95 25 0.4 2.7
801k-850k 37 93 21 0.4 2.4
851k-900k 38 73 8 0.3 3.1
901k-950k 25 58 17 0.4 2.6
951k-1m 29 55 14 0.3 3.2
1m-1.1m 30 81 16 0.5 2.2
1.1m-1.2m 37 70 12 0.3 3.2
1.2m-1.3m 30 69 13 0.4 2.6
1.3m-1.4m 24 45 11 0.3 3.2
1.4m-1.5m 24 37 9 0.3 3.9
1.5m-1.6m 12 34 9 0.5 2.1
1.6m-1.7m 17 32 5 0.3 3.2
1.7m-1.8m 16 29 5 0.3 3.3
1.8m-1.9m 10 17 5 0.3 3.5
1.9m-2m 15 16 3 0.2 5.6
2m-2.25m 31 30 6 0.2 6.2
2.25m-2.5m 40 30 10 0.1 8
2.5m-2.75m 9 22 6 0.4 2.5
2.75m-3m 28 10 3 0.1 16.8
3m-3.5m 25 19 0.1 7.9
3.5m-4m 17 15 2 0.1 6.8
4m-4.5m 12 10 1 0.1 7.2
4.5m-5m 10 3 0.1 20
5.01m-6m 12 6 2 0.1 12
6.01m-7m 10 5 2 0.1 12
7.01m-8m 1 0.2 0
8.01m-9m 2 1 0.1 12
9.01m-10m 2 0
11.01m-12m 1 0
15.01m-16m 1 0.2 0
24.01m-25m 1 0
37.01m-38m 1 0

Townhouses 23% 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
1k-25k 1 0
51k-75k 1 2 0.3 3
101k-125k 2 0.3 0
126k-150k 4 4 1 0.2 6
151k-175k 9 7 0.1 7.7
176k-200k 21 16 6 0.1 7.9
201k-225k 34 24 5 0.1 8.5
226k-250k 28 39 11 0.2 4.3
251k-275k 27 29 8 0.2 5.6
276k-300k 34 19 5 0.1 10.7
301k-325k 22 20 2 0.2 6.6
326k-350k 27 25 5 0.2 6.5
351k-375k 26 26 4 0.2 6
376k-400k 24 42 12 0.3 3.4
401k-425k 22 35 9 0.3 3.8
426k-450k 26 50 9 0.3 3.1
451k-475k 15 41 5 0.5 2.2
476k-500k 39 43 10 0.2 5.4
501k-550k 51 65 8 0.2 4.7
551k-600k 51 48 9 0.2 6.4
601k-650k 50 59 8 0.2 5.1
651k-700k 29 47 11 0.3 3.7
701k-750k 24 25 1 0.2 5.8
751k-800k 28 27 3 0.2 6.2
801k-850k 12 19 6 0.3 3.8
851k-900k 15 16 1 0.2 5.6
901k-950k 11 7 1 0.1 9.4
951k-1m 9 6 3 0.1 9
1m-1.1m 10 16 2 0.3 3.8
1.1m-1.2m 9 11 3 0.2 4.9
1.2m-1.3m 8 5 1 0.1 9.6
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 2 0
1.6m-1.7m 3 0.5 0
1.7m-1.8m 1 0
1.8m-1.9m 2 0
1.9m-2m 1 0.2 0
2m-2.25m 1 1 0.2 6
3.5m-4m 1 0
5.01m-6m 1 0

Condos 14% 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
1k-25k 2 1 0.1 12
26k-50k 1 2 0.3 3
51k-75k 1 0
76k-100k 1 3 0.5 2
101k-125k 12 12 1 0.2 6
126k-150k 30 23 1 0.1 7.8
151k-175k 74 46 6 0.1 9.7
176k-200k 101 75 20 0.1 8.1
201k-225k 143 94 21 0.1 9.1
226k-250k 156 92 18 0.1 10.2
251k-275k 126 85 12 0.1 8.9
276k-300k 140 126 24 0.2 6.7
301k-325k 114 88 17 0.1 7.8
326k-350k 98 84 17 0.1 7
351k-375k 73 55 8 0.1 8
376k-400k 87 54 8 0.1 9.7
401k-425k 51 48 8 0.2 6.4
426k-450k 54 38 13 0.1 8.5
451k-475k 44 29 6 0.1 9.1
476k-500k 43 31 9 0.1 8.3
501k-550k 52 42 4 0.1 7.4
551k-600k 37 29 3 0.1 7.7
601k-650k 33 19 4 0.1 10.4
651k-700k 32 19 3 0.1 10.1
701k-750k 10 10 2 0.2 6
751k-800k 12 7 1 0.1 10.3
801k-850k 13 5 0.1 15.6
851k-900k 18 5 1 0 21.6
901k-950k 5 1 0 30
951k-1m 7 8 1 0.2 5.3
1m-1.1m 4 6 1 0.3 4
1.1m-1.2m 11 8 0.1 8.3
1.2m-1.3m 7 7 1 0.2 6
1.3m-1.4m 9 3 0.1 18
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 5 3 1 0.1 10
1.6m-1.7m 7 3 0.1 14
1.7m-1.8m 5 1 0 30
1.8m-1.9m 5 4 2 0.1 7.5
1.9m-2m 3 4 1 0.2 4.5
2m-2.25m 4 3 1 0.1 8
2.25m-2.5m 6 0
2.5m-2.75m 3 1 0.1 18
2.75m-3m 3 1 1 0.1 18
3m-3.5m 3 1 0.1 18
3.5m-4m 3 0
4m-4.5m 4 0
4.5m-5m 3 0
5.01m-6m 1 0
8.01m-9m 1 0.2 0

Land 12% 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
1k-25k 4 8 0.3 3
26k-50k 30 25 3 0.1 7.2
51k-75k 42 26 2 0.1 9.7
76k-100k 47 21 4 0.1 13.4
101k-125k 25 6 2 0 25
126k-150k 21 3 0 42
151k-175k 12 4 0.1 18
176k-200k 8 3 1 0.1 16
201k-225k 3 2 1 0.1 9
226k-250k 10 1 0 60
251k-275k 4 2 0.1 12
276k-300k 7 0
301k-325k 1 0
326k-350k 4 3 2 0.1 8
351k-375k 2 1 0.1 12
376k-400k 5 0
401k-425k 4 0
426k-450k 1 3 1 0.5 2
451k-475k 3 0
476k-500k 2 0
501k-550k 6 0
551k-600k 5 2 1 0.1 15
601k-650k 1 0
651k-700k 4 2 0.1 12
701k-750k 7 2 1 0 21
751k-800k 3 0.5 0
801k-850k 1 0.2 0
851k-900k 4 3 0.1 8
901k-950k 1 1 0.2 6
951k-1m 5 2 0.1 15
1m-1.1m 4 0
1.1m-1.2m 2 0
1.2m-1.3m 3 2 0.1 9
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
2.25m-2.5m 2 0
2.5m-2.75m 1 0
2.75m-3m 3 1 1 0.1 18
3m-3.5m 3 0
3.5m-4m 1 0
4.5m-5m 3 0
5.01m-6m 1 0
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 1 0
10.01m-11m 1 0