Supply & Demand in Decatur, 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 1 0
1k-25k 1 1 0.2 6
76k-100k 2 0.3 0
101k-125k 1 7 2 1.2 0.9
126k-150k 3 20 6 1.1 0.9
151k-175k 14 35 5 0.4 2.4
176k-200k 58 77 11 0.2 4.5
201k-225k 73 58 11 0.1 7.6
226k-250k 90 61 13 0.1 8.9
251k-275k 54 63 15 0.2 5.1
276k-300k 79 43 11 0.1 11
301k-325k 49 44 9 0.1 6.7
326k-350k 39 48 4 0.2 4.9
351k-375k 28 32 4 0.2 5.3
376k-400k 29 34 8 0.2 5.1
401k-425k 13 26 2 0.3 3
426k-450k 21 27 11 0.2 4.7
451k-475k 14 12 4 0.1 7
476k-500k 14 20 5 0.2 4.2
501k-550k 16 37 9 0.4 2.6
551k-600k 17 22 5 0.2 4.6
601k-650k 3 19 6 1.1 0.9
651k-700k 14 19 3 0.2 4.4
701k-750k 9 8 4 0.1 6.8
751k-800k 8 10 1 0.2 4.8
801k-850k 1 4 1 0.7 1.5
851k-900k 2 14 3 1.2 0.9
901k-950k 1 1 0.2 6
951k-1m 3 2 0.1 9
1m-1.1m 4 8 1 0.3 3
1.1m-1.2m 3 6 3 0.3 3
1.2m-1.3m 3 7 1 0.4 2.6
1.3m-1.4m 5 6 2 0.2 5
1.4m-1.5m 1 0.2 0
1.5m-1.6m 1 1 0.2 0
1.6m-1.7m 2 5 0.4 2.4
1.7m-1.8m 2 2 0.2 6
2.25m-2.5m 2 1 0.1 12
2.75m-3m 1 1 0.2 0
3m-3.5m 1 0

Townhouses 22% 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 1 0.2 6
51k-75k 1 0.2 0
76k-100k 2 3 1 0.3 4
101k-125k 1 2 0.3 3
126k-150k 1 2 1 0.3 3
151k-175k 7 5 1 0.1 8.4
176k-200k 10 12 2 0.2 5
201k-225k 17 7 1 0.1 14.6
226k-250k 14 8 3 0.1 10.5
251k-275k 5 6 2 0.2 5
276k-300k 2 14 1.2 0.9
301k-325k 6 1 0 36
326k-350k 9 1 0 54
351k-375k 1 0
376k-400k 2 4 0.3 3
401k-425k 2 4 1 0.3 3
426k-450k 3 0
451k-475k 2 1 0.1 12
476k-500k 4 9 1 0.4 2.7
501k-550k 9 9 1 0.2 6
551k-600k 3 4 2 0.2 4.5
601k-650k 4 12 1 0.5 2
651k-700k 2 10 1 0.8 1.2
701k-750k 4 2 0.1 12
751k-800k 2 3 0.3 4
801k-850k 1 2 0.3 3
851k-900k 2 1 1 0.1 12
901k-950k 2 0
951k-1m 1 1 0.2 6

Condos 18% 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
26k-50k 1 0
51k-75k 5 2 0.8 0
76k-100k 4 2 0.1 12
101k-125k 8 9 1 0.2 5.3
126k-150k 9 3 0.1 18
151k-175k 5 2 0.1 15
176k-200k 11 7 4 0.1 9.4
201k-225k 9 14 1 0.3 3.9
226k-250k 7 8 1 0.2 5.3
251k-275k 11 9 0.1 7.3
276k-300k 7 6 1 0.1 7
301k-325k 4 2 0.1 12
326k-350k 3 2 1 0.1 9
351k-375k 2 2 1 0.2 6
376k-400k 1 5 1 0.8 1.2
426k-450k 4 0.7 0
451k-475k 3 6 1 0.3 3
476k-500k 5 3 1 0.1 10
501k-550k 3 0.5 0
551k-600k 1 1 0.2 6
601k-650k 1 1 0.2 6
701k-750k 1 0

Land 4% 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 5 0
26k-50k 5 2 0.1 15
51k-75k 4 3 0.1 8
76k-100k 6 0
101k-125k 2 1 1 0.1 12
126k-150k 1 0.2 0
176k-200k 2 0
201k-225k 2 0
226k-250k 2 0.3 0
251k-275k 2 0
276k-300k 2 0
301k-325k 2 0
351k-375k 2 0
401k-425k 1 0
476k-500k 1 0
501k-550k 1 0
551k-600k 4 0
601k-650k 1 0
701k-750k 2 0
751k-800k 1 1 1 0.2 6
10.01m-11m 3 0