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
Market
Buyer's
Market
< 5 months Inventory 5 months Inventory > 5 months Inventory

Houses 42% 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 4 0
126k-150k 1 0.2 0
151k-175k 2 0.3 0
176k-200k 2 7 1 0.6 1.7
201k-225k 1 9 3 1.5 0.7
226k-250k 1 10 1 1.7 0.6
251k-275k 5 24 5 0.8 1.3
276k-300k 6 35 2 1 1
301k-325k 6 58 5 1.6 0.6
326k-350k 23 66 13 0.5 2.1
351k-375k 24 73 14 0.5 2
376k-400k 28 96 28 0.6 1.8
401k-425k 12 69 12 1 1
426k-450k 18 79 17 0.7 1.4
451k-475k 18 70 13 0.6 1.5
476k-500k 29 60 14 0.3 2.9
501k-550k 32 120 28 0.6 1.6
551k-600k 25 75 19 0.5 2
601k-650k 31 75 17 0.4 2.5
651k-700k 24 65 16 0.5 2.2
701k-750k 21 51 13 0.4 2.5
751k-800k 11 37 12 0.6 1.8
801k-850k 8 27 9 0.6 1.8
851k-900k 11 26 5 0.4 2.5
901k-950k 10 19 7 0.3 3.2
951k-1m 14 22 6 0.3 3.8
1m-1.1m 10 16 3 0.3 3.8
1.1m-1.2m 11 19 4 0.3 3.5
1.2m-1.3m 7 5 1 0.1 8.4
1.3m-1.4m 7 14 4 0.3 3
1.4m-1.5m 4 8 1 0.3 3
1.5m-1.6m 6 7 1 0.2 5.1
1.6m-1.7m 4 6 1 0.3 4
1.7m-1.8m 5 6 1 0.2 5
1.8m-1.9m 3 1 0.1 18
1.9m-2m 1 3 0.5 2
2m-2.25m 7 4 1 0.1 10.5
2.25m-2.5m 3 4 2 0.2 4.5
2.5m-2.75m 5 0
2.75m-3m 1 0
3m-3.5m 4 2 0.1 12
3.5m-4m 1 0.2 0
4.5m-5m 1 0
5.01m-6m 1 0
7.01m-8m 1 0

Townhouses 42% 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
151k-175k 2 2 0.3 0
176k-200k 1 5 0.8 1.2
201k-225k 2 8 0.7 1.5
226k-250k 3 20 2 1.1 0.9
251k-275k 4 16 3 0.7 1.5
276k-300k 1 10 3 1.7 0.6
301k-325k 2 13 3 1.1 0.9
326k-350k 1 14 7 2.3 0.4
351k-375k 6 4 1 0
376k-400k 4 18 7 0.8 1.3
401k-425k 12 10 3 0.1 7.2
426k-450k 17 30 7 0.3 3.4
451k-475k 8 7 2 0.1 6.9
476k-500k 2 9 0.8 1.3
501k-550k 2 6 1 0.5 2
551k-600k 2 12 1 1
601k-650k 1 3 0.5 2
651k-700k 1 0.2 0
751k-800k 1 2 0.3 3
801k-850k 3 0.5 0
851k-900k 1 0
901k-950k 1 2 0.3 3
951k-1m 2 1 1 0.1 12

Condos 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
126k-150k 1 0.2 0
151k-175k 3 3 1 0.2 6
176k-200k 4 13 2 0.5 1.8
201k-225k 6 15 2 0.4 2.4
226k-250k 14 24 2 0.3 3.5
251k-275k 3 19 4 1.1 0.9
276k-300k 7 25 7 0.6 1.7
301k-325k 7 1 1.2 0
326k-350k 4 6 0.3 4
351k-375k 2 6 2 0.5 2
376k-400k 2 6 1 0.5 2
401k-425k 1 2 1 0.3 3
426k-450k 3 7 3 0.4 2.6
451k-475k 1 2 0.3 3
476k-500k 1 2 0.3 3
501k-550k 2 0.3 0
551k-600k 1 0
801k-850k 1 1 0.2 0
851k-900k 1 0

Land 15% 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 0.2 0
26k-50k 1 1 0.2 0
51k-75k 2 3 0.3 4
76k-100k 2 4 0.3 3
101k-125k 2 3 0.3 4
126k-150k 2 1 0.3 0
151k-175k 2 1 0.1 12
176k-200k 1 0.2 0
201k-225k 2 2 0.2 6
226k-250k 7 3 1 0.1 14
251k-275k 4 1 0 24
276k-300k 1 1 0.2 6
301k-325k 2 0.3 0
326k-350k 2 2 1 0.2 6
351k-375k 1 1 0.2 0
376k-400k 1 0
426k-450k 1 1 0.2 6
476k-500k 1 0.2 0
601k-650k 1 0
651k-700k 3 2 0.1 9
751k-800k 1 0
801k-850k 2 0
851k-900k 1 0
901k-950k 1 0
951k-1m 1 0
1m-1.1m 2 0
1.1m-1.2m 3 0
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.7m-1.8m 1 0.2 0
3.5m-4m 2 0