Supply & Demand in Loganville, 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
176k-200k 1 0.2 0
226k-250k 1 3 0.5 2
251k-275k 1 12 1 2 0.5
276k-300k 3 12 2 0.7 1.5
301k-325k 8 35 7 0.7 1.4
326k-350k 7 57 14 1.4 0.7
351k-375k 11 41 6 0.6 1.6
376k-400k 24 53 9 0.4 2.7
401k-425k 21 51 15 0.4 2.5
426k-450k 28 45 12 0.3 3.7
451k-475k 21 41 1 0.3 3.1
476k-500k 23 38 4 0.3 3.6
501k-550k 16 61 10 0.6 1.6
551k-600k 16 18 5 0.2 5.3
601k-650k 7 6 1 0.1 7
651k-700k 5 3 0.1 10
701k-750k 4 3 1 0.1 8
751k-800k 4 1 0 24
801k-850k 2 0
851k-900k 3 1 0.1 18
951k-1m 1 1 0.2 6
1m-1.1m 2 0
1.2m-1.3m 1 0.2 0
1.3m-1.4m 1 0.2 0

Townhouses 29% 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
276k-300k 4 0.7 0
301k-325k 4 0.7 0
326k-350k 7 1.2 0
351k-375k 1 8 4 1.3 0.8
376k-400k 26 9 4 0.1 17.3
401k-425k 8 3 0.1 16

Land 19% 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 2 0
51k-75k 4 1 0 24
76k-100k 3 2 0.1 9
101k-125k 2 2 2 0.2 6
126k-150k 5 0.8 0
151k-175k 1 0
176k-200k 5 1 0 30
201k-225k 2 0.3 0
226k-250k 1 0
251k-275k 2 1 1 0.1 12
276k-300k 2 0
376k-400k 1 1 0.2 6
476k-500k 4 1 0 24
501k-550k 3 0
551k-600k 1 0
601k-650k 1 0
651k-700k 2 0
951k-1m 1 0
1m-1.1m 1 0
1.2m-1.3m 2 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
2.25m-2.5m 2 0
3m-3.5m 1 0
4m-4.5m 1 0.2 0