Supply & Demand in Douglasville, 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 32% 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
51k-75k 1 0
76k-100k 1 0
101k-125k 1 3 1 0.5 2
126k-150k 2 1 0.3 0
151k-175k 1 4 0.7 1.5
176k-200k 2 9 2 0.8 1.3
201k-225k 3 27 6 1.5 0.7
226k-250k 13 45 9 0.6 1.7
251k-275k 29 78 20 0.4 2.2
276k-300k 36 79 17 0.4 2.7
301k-325k 23 53 5 0.4 2.6
326k-350k 35 54 11 0.3 3.9
351k-375k 28 43 5 0.3 3.9
376k-400k 28 41 10 0.2 4.1
401k-425k 21 24 5 0.2 5.3
426k-450k 24 25 7 0.2 5.8
451k-475k 7 22 6 0.5 1.9
476k-500k 10 16 4 0.3 3.8
501k-550k 14 21 8 0.3 4
551k-600k 14 13 3 0.2 6.5
601k-650k 9 14 2 0.3 3.9
651k-700k 7 10 2 0.2 4.2
701k-750k 12 2 2 0 36
751k-800k 5 1 0 30
801k-850k 2 2 0.2 6
851k-900k 3 3 1 0.2 6
901k-950k 1 0.2 0
951k-1m 1 0.2 0
1.1m-1.2m 1 0
1.4m-1.5m 1 0
2.5m-2.75m 1 0
6.01m-7m 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 1 0.2 0
151k-175k 2 4 3 0.3 3
201k-225k 4 0.7 0
226k-250k 3 1 0.5 0
276k-300k 3 1 0.5 0
301k-325k 1 18 7 3 0.3
326k-350k 3 4 0.2 4.5
351k-375k 7 7 1 0.2 6
376k-400k 7 0
401k-425k 2 0

Condos 25% 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 1 1 0.2 0
176k-200k 1 1 1 0.2 6
326k-350k 1 0
351k-375k 1 1 0.2 6

Land 17% 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 2 3 1 0.3 4
26k-50k 14 10 1 0.1 8.4
51k-75k 12 2 1 0 36
76k-100k 5 1 0 30
101k-125k 7 1.2 0
126k-150k 1 0
151k-175k 3 1 0.1 18
176k-200k 4 0
201k-225k 1 0
276k-300k 2 2 1 0.2 6
351k-375k 1 0
376k-400k 1 0
426k-450k 2 0
476k-500k 1 0
501k-550k 1 0
701k-750k 1 0
751k-800k 1 0
851k-900k 1 1 0.2 6
951k-1m 3 0
1.2m-1.3m 1 0
1.3m-1.4m 1 1 0.2 0
1.6m-1.7m 1 0
2m-2.25m 1 0
2.5m-2.75m 1 0
3.5m-4m 2 0
6.01m-7m 1 0