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 35% 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
26k-50k 1 0.2 0
51k-75k 1 0.2 0
76k-100k 2 0.3 0
101k-125k 1 0.2 0
126k-150k 3 6 1 0.3 3
151k-175k 1 20 2 3.3 0.3
176k-200k 8 18 7 0.4 2.7
201k-225k 17 42 10 0.4 2.4
226k-250k 34 33 8 0.2 6.2
251k-275k 26 54 10 0.3 2.9
276k-300k 43 63 20 0.2 4.1
301k-325k 33 50 10 0.3 4
326k-350k 26 49 15 0.3 3.2
351k-375k 20 37 7 0.3 3.2
376k-400k 25 44 7 0.3 3.4
401k-425k 5 22 6 0.7 1.4
426k-450k 13 30 6 0.4 2.6
451k-475k 11 17 4 0.3 3.9
476k-500k 11 22 10 0.3 3
501k-550k 11 28 5 0.4 2.4
551k-600k 8 27 4 0.6 1.8
601k-650k 6 17 3 0.5 2.1
651k-700k 5 26 7 0.9 1.2
701k-750k 10 19 7 0.3 3.2
751k-800k 6 13 5 0.4 2.8
801k-850k 4 11 4 0.5 2.2
851k-900k 8 5 1 0.1 9.6
901k-950k 3 5 0.3 3.6
951k-1m 4 1 0.7 0
1m-1.1m 6 4 1 0.1 9
1.1m-1.2m 2 11 4 0.9 1.1
1.2m-1.3m 1 4 3 0.7 1.5
1.3m-1.4m 1 5 2 0.8 1.2
1.4m-1.5m 2 2 0.2 6
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 3 0.2 6
1.7m-1.8m 1 0
1.9m-2m 1 0.2 0
2m-2.25m 1 0
2.75m-3m 1 0

Townhouses 44% 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
101k-125k 2 0.3 0
126k-150k 2 1 0.3 0
151k-175k 1 3 0.5 2
176k-200k 9 4 2 0.1 13.5
201k-225k 5 21 2 0.7 1.4
226k-250k 4 9 1 0.4 2.7
251k-275k 3 15 6 0.8 1.2
276k-300k 21 16 2 0.1 7.9
301k-325k 4 3 1 0.1 8
326k-350k 3 5 2 0.3 3.6
351k-375k 2 0.3 0
376k-400k 3 2 2 0.1 9
401k-425k 1 3 0.5 2
426k-450k 2 2 0.2 6
451k-475k 6 3 1 0
476k-500k 2 12 2 1 1
501k-550k 6 15 5 0.4 2.4
551k-600k 4 9 3 0.4 2.7
601k-650k 3 3 2 0.2 6
651k-700k 3 10 5 0.6 1.8
701k-750k 1 5 1 0.8 1.2
751k-800k 1 2 1 0.3 3
801k-850k 4 1 0.7 0
851k-900k 3 0
901k-950k 2 3 2 0.3 4
951k-1m 1 0.2 0

Condos 40% 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
26k-50k 1 1 0.2 6
51k-75k 3 1 0.5 0
76k-100k 1 3 0.5 2
101k-125k 5 8 1 0.3 3.8
126k-150k 9 6 2 0.1 9
151k-175k 5 6 1 0.2 5
176k-200k 3 8 4 0.4 2.3
201k-225k 7 8 1 0.2 5.3
226k-250k 2 17 3 1.4 0.7
251k-275k 1 16 2.7 0.4
276k-300k 3 18 4 1 1
301k-325k 3 5 0.3 3.6
326k-350k 4 3 0.7 0
351k-375k 2 4 1 0.3 3
376k-400k 2 2 1 0.2 6
401k-425k 1 0.2 0
426k-450k 2 5 2 0.4 2.4
451k-475k 3 2 0.1 9
476k-500k 2 3 2 0.3 4
501k-550k 4 7 4 0.3 3.4
551k-600k 1 0.2 0
601k-650k 1 0.2 0
651k-700k 1 3 1 0.5 2
701k-750k 1 1 0.2 0
751k-800k 1 1 0.2 0

Land 10% 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 3 3 0.2 6
26k-50k 6 0
51k-75k 3 4 1 0.2 4.5
76k-100k 4 0
101k-125k 2 0
126k-150k 5 2 2 0.1 15
176k-200k 1 1 0.2 6
226k-250k 4 0
251k-275k 2 0
276k-300k 1 0
301k-325k 1 0
326k-350k 1 0
376k-400k 1 0
426k-450k 2 2 0.3 0
451k-475k 1 0.2 0
476k-500k 1 0.2 0
501k-550k 2 0
551k-600k 1 0
601k-650k 3 0
1.1m-1.2m 1 0
1.5m-1.6m 1 0
2m-2.25m 1 0