Supply & Demand in Buckhead, Atlanta

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 28% 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 8 0
351k-375k 1 0.2 0
451k-475k 2 0.3 0
501k-550k 1 0.2 0
551k-600k 3 0.5 0
601k-650k 3 6 0.3 3
651k-700k 4 9 0.4 2.7
701k-750k 4 13 2 0.5 1.8
751k-800k 6 16 0.4 2.3
801k-850k 4 11 2 0.5 2.2
851k-900k 4 11 4 0.5 2.2
901k-950k 4 9 1 0.4 2.7
951k-1m 7 23 5 0.5 1.8
1m-1.1m 5 16 2 0.5 1.9
1.1m-1.2m 12 14 3 0.2 5.1
1.2m-1.3m 5 17 3 0.6 1.8
1.3m-1.4m 10 12 3 0.2 5
1.4m-1.5m 14 13 2 0.2 6.5
1.5m-1.6m 4 11 1 0.5 2.2
1.6m-1.7m 5 14 5 0.5 2.1
1.7m-1.8m 5 9 1 0.3 3.3
1.8m-1.9m 4 8 0.3 3
1.9m-2m 12 6 2 0.1 12
2m-2.25m 6 14 0.4 2.6
2.25m-2.5m 8 19 10 0.4 2.5
2.5m-2.75m 14 11 2 0.1 7.6
2.75m-3m 12 9 4 0.1 8
3m-3.5m 19 6 1 0.1 19
3.5m-4m 9 9 1 0.2 6
4m-4.5m 10 2 0 30
4.5m-5m 8 4 0.1 12
5.01m-6m 11 2 0 33
6.01m-7m 8 2 0 24
7.01m-8m 8 1 1 0 48
8.01m-9m 1 0
9.01m-10m 2 1 0.1 12
11.01m-12m 1 0
12.01m-13m 1 1 0.2 6
34.01m-35m 1 0

Townhouses 31% 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 0
176k-200k 1 0.2 0
226k-250k 1 0.2 0
251k-275k 3 0.5 0
276k-300k 1 0.2 0
301k-325k 2 5 1 0.4 2.4
326k-350k 4 4 0.2 6
351k-375k 8 13 6 0.3 3.7
376k-400k 8 13 2 0.3 3.7
401k-425k 1 7 1.2 0.9
426k-450k 4 1 0.7 0
451k-475k 9 1 1.5 0
476k-500k 5 7 0.2 4.3
501k-550k 3 8 1 0.4 2.3
551k-600k 2 7 2 0.6 1.7
601k-650k 4 7 1 0.3 3.4
651k-700k 7 11 4 0.3 3.8
701k-750k 3 3 1 0.2 6
751k-800k 3 4 0.2 4.5
801k-850k 3 4 1 0.2 4.5
851k-900k 4 4 2 0.2 6
901k-950k 3 3 0.2 6
951k-1m 3 1 0.1 18
1m-1.1m 2 1 0.1 12
1.1m-1.2m 3 2 1 0.1 9
1.2m-1.3m 2 2 1 0.2 6
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 2 2 1 0.2 6
1.5m-1.6m 1 0.2 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2m-2.25m 2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 1 0.2 6
3m-3.5m 1 0
3.5m-4m 1 0.2 0

Condos 18% 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 6 0
101k-125k 1 0.2 0
126k-150k 3 1 0.5 0
151k-175k 6 4 1 0.1 9
176k-200k 16 23 5 0.2 4.2
201k-225k 14 22 4 0.3 3.8
226k-250k 12 34 5 0.5 2.1
251k-275k 24 27 3 0.2 5.3
276k-300k 27 32 3 0.2 5.1
301k-325k 25 26 4 0.2 5.8
326k-350k 20 29 4 0.2 4.1
351k-375k 16 15 3 0.2 6.4
376k-400k 18 15 1 0.1 7.2
401k-425k 10 18 2 0.3 3.3
426k-450k 13 9 1 0.1 8.7
451k-475k 4 10 0.4 2.4
476k-500k 9 8 0.1 6.8
501k-550k 13 8 2 0.1 9.8
551k-600k 13 12 1 0.2 6.5
601k-650k 4 5 0.2 4.8
651k-700k 5 5 0.2 6
701k-750k 7 11 1 0.3 3.8
751k-800k 4 6 0.3 4
801k-850k 5 3 1 0.1 10
851k-900k 2 3 1 0.3 4
901k-950k 2 2 0.2 6
951k-1m 4 2 0.1 12
1m-1.1m 3 5 1 0.3 3.6
1.1m-1.2m 7 4 0.1 10.5
1.2m-1.3m 4 4 0.2 6
1.3m-1.4m 1 3 0.5 2
1.4m-1.5m 7 1 0 42
1.5m-1.6m 2 3 0.3 4
1.6m-1.7m 3 1 0.1 18
1.8m-1.9m 1 1 0.2 0
1.9m-2m 2 1 1 0.1 12
2m-2.25m 4 3 0.1 8
2.25m-2.5m 3 1 0.1 18
2.5m-2.75m 1 0
2.75m-3m 2 0
3m-3.5m 1 0.2 0
3.5m-4m 1 1 0.2 6
4m-4.5m 1 0
4.5m-5m 3 0
5.01m-6m 2 0
10.01m-11m 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
76k-100k 1 0
476k-500k 1 0
501k-550k 2 1 0.1 12
601k-650k 1 0
651k-700k 2 0.3 0
701k-750k 2 0
801k-850k 5 1 0 30
851k-900k 1 1 0.2 6
951k-1m 1 0
1m-1.1m 1 0.2 0
1.1m-1.2m 1 0
1.2m-1.3m 2 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.6m-1.7m 3 1 0.5 0
1.9m-2m 1 0
2.5m-2.75m 1 0.2 0
2.75m-3m 1 1 0.2 0
5.01m-6m 1 0.2 0
6.01m-7m 1 0
14.01m-15m 1 0