Supply & Demand in Atlanta, 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 20% 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 2 0.3 0
51k-75k 7 8 1 0.2 5.3
76k-100k 12 18 5 0.3 4
101k-125k 20 32 6 0.3 3.8
126k-150k 26 64 9 0.4 2.4
151k-175k 42 98 10 0.4 2.6
176k-200k 80 114 16 0.2 4.2
201k-225k 73 88 9 0.2 5
226k-250k 97 127 15 0.2 4.6
251k-275k 98 116 11 0.2 5.1
276k-300k 105 126 27 0.2 5
301k-325k 69 85 11 0.2 4.9
326k-350k 91 76 9 0.1 7.2
351k-375k 69 91 12 0.2 4.5
376k-400k 91 91 8 0.2 6
401k-425k 42 71 5 0.3 3.5
426k-450k 44 65 9 0.2 4.1
451k-475k 29 49 3 0.3 3.6
476k-500k 52 57 7 0.2 5.5
501k-550k 91 96 12 0.2 5.7
551k-600k 78 126 13 0.3 3.7
601k-650k 60 95 9 0.3 3.8
651k-700k 53 98 8 0.3 3.2
701k-750k 38 92 8 0.4 2.5
751k-800k 29 79 12 0.5 2.2
801k-850k 28 62 5 0.4 2.7
851k-900k 28 71 10 0.4 2.4
901k-950k 26 47 4 0.3 3.3
951k-1m 20 54 4 0.5 2.2
1m-1.1m 10 59 5 1 1
1.1m-1.2m 22 58 7 0.4 2.3
1.2m-1.3m 19 55 3 0.5 2.1
1.3m-1.4m 17 41 1 0.4 2.5
1.4m-1.5m 14 38 6 0.5 2.2
1.5m-1.6m 8 19 1 0.4 2.5
1.6m-1.7m 12 26 0.4 2.8
1.7m-1.8m 11 29 0.4 2.3
1.8m-1.9m 12 18 1 0.3 4
1.9m-2m 15 19 3 0.2 4.7
2m-2.25m 17 27 2 0.3 3.8
2.25m-2.5m 15 29 2 0.3 3.1
2.5m-2.75m 10 16 0.3 3.8
2.75m-3m 19 11 3 0.1 10.4
3m-3.5m 22 21 2 0.2 6.3
3.5m-4m 11 5 0.1 13.2
4m-4.5m 10 9 0.2 6.7
4.5m-5m 4 9 0.4 2.7
5.01m-6m 9 4 1 0.1 13.5
6.01m-7m 4 5 0.2 4.8
7.01m-8m 1 2 0.3 3
8.01m-9m 3 0
9.01m-10m 1 0
10.01m-11m 1 0
22.01m-23m 1 0
24.01m-25m 1 0
34.01m-35m 1 0

Townhouses 19% 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
26k-50k 1 0
51k-75k 1 1 0.2 6
101k-125k 1 3 0.5 2
126k-150k 3 7 0.4 2.6
151k-175k 1 11 1 1.8 0.5
176k-200k 17 31 6 0.3 3.3
201k-225k 18 13 1 0.1 8.3
226k-250k 26 28 4 0.2 5.6
251k-275k 13 14 3 0.2 5.6
276k-300k 33 38 6 0.2 5.2
301k-325k 16 30 0.3 3.2
326k-350k 18 46 1 0.4 2.3
351k-375k 25 32 3 0.2 4.7
376k-400k 37 25 4 0.1 8.9
401k-425k 13 43 6 0.6 1.8
426k-450k 32 37 3 0.2 5.2
451k-475k 23 22 1 0.2 6.3
476k-500k 21 41 9 0.3 3.1
501k-550k 37 45 6 0.2 4.9
551k-600k 37 51 8 0.2 4.4
601k-650k 39 49 3 0.2 4.8
651k-700k 24 29 5 0.2 5
701k-750k 11 17 1 0.3 3.9
751k-800k 10 11 1 0.2 5.5
801k-850k 10 14 4 0.2 4.3
851k-900k 3 10 1 0.6 1.8
901k-950k 4 7 0.3 3.4
951k-1m 3 5 0.3 3.6
1m-1.1m 7 9 0.2 4.7
1.1m-1.2m 7 9 1 0.2 4.7
1.2m-1.3m 5 5 0.2 6
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 2 2 1 0.2 6
1.7m-1.8m 1 3 0.5 2
1.8m-1.9m 1 0
1.9m-2m 1 0
2.5m-2.75m 1 1 0.2 6
2.75m-3m 1 1 0.2 6
5.01m-6m 1 0

Condos 10% 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
-24,000-0 1 0
1k-25k 1 1 0.2 6
26k-50k 5 0
51k-75k 5 1 0 30
76k-100k 2 9 2 0.8 1.3
101k-125k 18 10 0.1 10.8
126k-150k 33 36 4 0.2 5.5
151k-175k 64 62 6 0.2 6.2
176k-200k 102 85 13 0.1 7.2
201k-225k 85 64 8 0.1 8
226k-250k 113 85 8 0.1 8
251k-275k 111 83 7 0.1 8
276k-300k 143 78 12 0.1 11
301k-325k 79 66 4 0.1 7.2
326k-350k 61 73 3 0.2 5
351k-375k 53 49 5 0.2 6.5
376k-400k 56 47 5 0.1 7.1
401k-425k 30 39 8 0.2 4.6
426k-450k 39 37 5 0.2 6.3
451k-475k 13 27 2 0.3 2.9
476k-500k 28 30 3 0.2 5.6
501k-550k 50 29 3 0.1 10.3
551k-600k 30 21 3 0.1 8.6
601k-650k 14 18 2 0.2 4.7
651k-700k 14 16 3 0.2 5.3
701k-750k 14 9 0.1 9.3
751k-800k 13 13 2 0.2 6
801k-850k 10 6 0.1 10
851k-900k 9 6 1 0.1 9
901k-950k 4 6 1 0.3 4
951k-1m 5 3 0.1 10
1m-1.1m 6 10 0.3 3.6
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 7 5 0.1 8.4
1.3m-1.4m 7 4 0.1 10.5
1.4m-1.5m 4 1 0 24
1.5m-1.6m 5 3 0.1 10
1.6m-1.7m 4 3 0.1 8
1.7m-1.8m 1 3 2 0.5 2
1.8m-1.9m 1 2 0.3 3
1.9m-2m 4 1 0 24
2m-2.25m 3 2 0.1 9
2.25m-2.5m 4 2 1 0.1 12
2.5m-2.75m 6 3 0.1 12
2.75m-3m 2 0.3 0
3m-3.5m 4 3 1 0.1 8
3.5m-4m 2 1 0.1 12
4.5m-5m 2 1 0.1 12
5.01m-6m 3 0
6.01m-7m 1 0

Land 14% 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 7 2 0 21
26k-50k 22 22 4 0.2 6
51k-75k 47 25 3 0.1 11.3
76k-100k 46 16 1 0.1 17.3
101k-125k 22 4 0 33
126k-150k 19 3 1 0 38
151k-175k 17 3 1 0 34
176k-200k 10 4 1 0.1 15
201k-225k 5 1 0 30
226k-250k 6 2 0.1 18
251k-275k 3 1 0.1 18
276k-300k 10 2 0 30
301k-325k 1 1 0.2 6
326k-350k 4 2 0.1 12
351k-375k 2 1 0.1 12
376k-400k 2 4 0.3 3
401k-425k 2 0.3 0
426k-450k 3 2 1 0.1 9
451k-475k 2 0
476k-500k 4 2 0.1 12
501k-550k 3 3 0.2 6
551k-600k 6 1 0 36
601k-650k 3 1 0.1 18
651k-700k 3 1 1 0.1 18
701k-750k 3 1 1 0.1 18
751k-800k 3 0
801k-850k 2 1 0.1 12
851k-900k 7 0
901k-950k 2 0
951k-1m 1 3 0.5 2
1m-1.1m 2 0
1.1m-1.2m 2 0
1.2m-1.3m 1 1 1 0.2 6
1.3m-1.4m 2 0
1.4m-1.5m 2 2 0.2 6
1.5m-1.6m 2 0
1.6m-1.7m 1 1 0.2 0
1.8m-1.9m 1 0
1.9m-2m 4 0
2m-2.25m 1 0.2 0
2.25m-2.5m 1 1 1 0.2 6
2.5m-2.75m 1 0
2.75m-3m 3 0
3m-3.5m 1 0
3.5m-4m 1 1 0.2 6
4m-4.5m 2 0
5.01m-6m 3 1 0.1 18
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 1 0.2 0
10.01m-11m 1 0