Supply & Demand in Marietta, 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
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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 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
76k-100k 1 1 0.2 0
176k-200k 2 1 0.3 0
201k-225k 7 1.2 0
226k-250k 2 18 3 1.5 0.7
251k-275k 3 22 5 1.2 0.8
276k-300k 11 34 11 0.5 1.9
301k-325k 10 49 10 0.8 1.2
326k-350k 14 64 14 0.8 1.3
351k-375k 17 51 8 0.5 2
376k-400k 30 89 23 0.5 2
401k-425k 36 86 11 0.4 2.5
426k-450k 35 63 14 0.3 3.3
451k-475k 24 68 18 0.5 2.1
476k-500k 32 63 11 0.3 3
501k-550k 61 93 19 0.3 3.9
551k-600k 37 91 23 0.4 2.4
601k-650k 52 92 19 0.3 3.4
651k-700k 41 58 13 0.2 4.2
701k-750k 36 65 13 0.3 3.3
751k-800k 29 38 7 0.2 4.6
801k-850k 21 47 9 0.4 2.7
851k-900k 19 38 14 0.3 3
901k-950k 16 23 11 0.2 4.2
951k-1m 18 25 5 0.2 4.3
1m-1.1m 17 20 7 0.2 5.1
1.1m-1.2m 13 18 5 0.2 4.3
1.2m-1.3m 20 22 8 0.2 5.5
1.3m-1.4m 15 12 4 0.1 7.5
1.4m-1.5m 8 18 2 0.4 2.7
1.5m-1.6m 5 6 3 0.2 5
1.6m-1.7m 6 7 3 0.2 5.1
1.7m-1.8m 2 3 1 0.3 4
1.8m-1.9m 5 5 2 0.2 6
1.9m-2m 5 2 1 0.1 15
2m-2.25m 15 9 0.1 10
2.25m-2.5m 11 5 2 0.1 13.2
2.5m-2.75m 3 3 0.2 6
2.75m-3m 2 2 0.2 6
3m-3.5m 4 1 0 24
3.5m-4m 3 1 0.1 18
4m-4.5m 1 0
4.5m-5m 1 0.2 0
5.01m-6m 2 0
6.01m-7m 1 0.2 0
7.01m-8m 1 0

Townhouses 36% 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
151k-175k 1 2 0.3 3
176k-200k 4 7 4 0.3 3.4
201k-225k 3 4 0.2 4.5
226k-250k 7 20 3 0.5 2.1
251k-275k 4 7 1 0.3 3.4
276k-300k 9 6 1 0.1 9
301k-325k 4 21 7 0.9 1.1
326k-350k 1 11 2 1.8 0.5
351k-375k 2 6 1 0.5 2
376k-400k 6 21 2 0.6 1.7
401k-425k 14 35 4 0.4 2.4
426k-450k 10 32 7 0.5 1.9
451k-475k 9 10 1 0.2 5.4
476k-500k 8 10 3 0.2 4.8
501k-550k 4 12 2 0.5 2
551k-600k 4 5 1 0.2 4.8
601k-650k 3 4 3 0.2 4.5
651k-700k 5 3 0.1 10
701k-750k 1 2 1 0.3 3
751k-800k 5 2 0.8 0
801k-850k 1 0.2 0
851k-900k 1 0.2 0
901k-950k 1 0.2 0
951k-1m 1 0.2 0
1m-1.1m 1 0.2 0

Condos 28% 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
126k-150k 1 0.2 0
151k-175k 3 1 0.5 0
176k-200k 11 13 4 0.2 5.1
201k-225k 4 11 2 0.5 2.2
226k-250k 19 18 3 0.2 6.3
251k-275k 10 16 1 0.3 3.8
276k-300k 7 9 0.2 4.7
301k-325k 4 5 3 0.2 4.8
326k-350k 3 7 1 0.4 2.6
351k-375k 4 5 0.2 4.8
376k-400k 2 5 1 0.4 2.4
401k-425k 2 4 1 0.3 3
426k-450k 3 3 1 0.2 6
451k-475k 1 2 0.3 3
476k-500k 3 1 0.5 0
501k-550k 1 0
551k-600k 3 0.5 0

Land 9% 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 0.2 0
26k-50k 1 1 0.2 6
51k-75k 2 3 0.3 4
76k-100k 3 1 0.1 18
101k-125k 1 1 0.2 6
126k-150k 3 0
151k-175k 2 2 0.2 6
176k-200k 1 0
201k-225k 2 0
226k-250k 11 2 1 0 33
251k-275k 2 0
276k-300k 1 0.2 0
301k-325k 1 2 0.3 3
326k-350k 2 2 0.2 6
351k-375k 1 1 0.2 6
376k-400k 2 0
426k-450k 1 0
476k-500k 2 1 0.1 12
501k-550k 2 0
651k-700k 2 1 0.1 12
751k-800k 1 0
801k-850k 2 0
901k-950k 1 0
951k-1m 1 0
1m-1.1m 1 0
1.3m-1.4m 1 0
2.75m-3m 1 0.2 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 1 1 0.2 6