Supply & Demand in Dallas, 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 39% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
76k-100k 1 0
151k-175k 1 6 1 1 1
176k-200k 2 7 1 0.6 1.7
201k-225k 3 9 4 0.5 2
226k-250k 6 21 4 0.6 1.7
251k-275k 13 57 11 0.7 1.4
276k-300k 27 75 12 0.5 2.2
301k-325k 16 61 15 0.6 1.6
326k-350k 27 100 16 0.6 1.6
351k-375k 38 92 10 0.4 2.5
376k-400k 59 123 23 0.3 2.9
401k-425k 45 59 18 0.2 4.6
426k-450k 34 66 17 0.3 3.1
451k-475k 27 38 9 0.2 4.3
476k-500k 17 33 6 0.3 3.1
501k-550k 20 30 7 0.3 4
551k-600k 16 24 3 0.3 4
601k-650k 3 6 0.3 3
651k-700k 2 3 1 0.3 4
701k-750k 3 7 0.4 2.6
751k-800k 2 2 1 0.2 6
801k-850k 2 0.3 0
851k-900k 1 0
1.3m-1.4m 1 1 0.2 0
1.8m-1.9m 1 0
1.9m-2m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
201k-225k 1 0.2 0
251k-275k 2 0
276k-300k 1 1 0.2 6
301k-325k 1 2 0.3 3
326k-350k 1 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
251k-275k 1 1 1 0.2 6

Land 9% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 0.2 0
26k-50k 10 5 0.1 12
51k-75k 16 7 0.1 13.7
76k-100k 5 2 0.1 15
101k-125k 3 2 0.1 9
126k-150k 2 2 0.2 6
151k-175k 4 0
176k-200k 7 0
201k-225k 3 0
226k-250k 3 1 0.1 18
251k-275k 2 0
276k-300k 2 1 0.1 12
301k-325k 2 1 0.1 12
326k-350k 1 0.2 0
351k-375k 1 0
376k-400k 1 1 0.2 6
426k-450k 2 0
451k-475k 1 0
501k-550k 1 1 0.2 6
551k-600k 2 0
651k-700k 1 0
701k-750k 1 0.2 0
751k-800k 1 0
801k-850k 2 0
851k-900k 1 0
951k-1m 2 0
1.1m-1.2m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
2m-2.25m 1 0
2.25m-2.5m 2 1 0.1 12
3m-3.5m 1 0
6.01m-7m 1 0