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 18% 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 3 0.5 0
51k-75k 1 6 2 1 1
76k-100k 7 12 3 0.3 3.5
101k-125k 14 36 5 0.4 2.3
126k-150k 42 53 3 0.2 4.8
151k-175k 58 83 17 0.2 4.2
176k-200k 112 123 19 0.2 5.5
201k-225k 113 122 12 0.2 5.6
226k-250k 121 131 16 0.2 5.5
251k-275k 134 119 16 0.1 6.8
276k-300k 153 139 22 0.2 6.6
301k-325k 92 90 5 0.2 6.1
326k-350k 105 91 10 0.1 6.9
351k-375k 87 99 8 0.2 5.3
376k-400k 126 87 12 0.1 8.7
401k-425k 44 79 6 0.3 3.3
426k-450k 85 84 7 0.2 6.1
451k-475k 47 64 5 0.2 4.4
476k-500k 72 58 11 0.1 7.4
501k-550k 97 129 14 0.2 4.5
551k-600k 96 150 19 0.3 3.8
601k-650k 82 131 13 0.3 3.8
651k-700k 61 139 19 0.4 2.6
701k-750k 45 129 9 0.5 2.1
751k-800k 47 92 8 0.3 3.1
801k-850k 48 94 8 0.3 3.1
851k-900k 42 87 11 0.3 2.9
901k-950k 26 70 9 0.4 2.2
951k-1m 29 77 9 0.4 2.3
1m-1.1m 23 89 9 0.6 1.6
1.1m-1.2m 34 78 7 0.4 2.6
1.2m-1.3m 32 57 4 0.3 3.4
1.3m-1.4m 28 57 4 0.3 2.9
1.4m-1.5m 30 33 3 0.2 5.5
1.5m-1.6m 13 34 2 0.4 2.3
1.6m-1.7m 9 25 1 0.5 2.2
1.7m-1.8m 17 37 4 0.4 2.8
1.8m-1.9m 15 22 3 0.2 4.1
1.9m-2m 19 24 3 0.2 4.8
2m-2.25m 26 44 5 0.3 3.5
2.25m-2.5m 21 29 3 0.2 4.3
2.5m-2.75m 10 25 1 0.4 2.4
2.75m-3m 21 15 2 0.1 8.4
3m-3.5m 26 21 4 0.1 7.4
3.5m-4m 8 12 1 0.3 4
4m-4.5m 13 6 1 0.1 13
4.5m-5m 6 5 1 0.1 7.2
5.01m-6m 13 7 0.1 11.1
6.01m-7m 5 1 0 30
7.01m-8m 3 0
8.01m-9m 3 0
11.01m-12m 1 0
17.01m-18m 1 0
24.01m-25m 1 0

Townhouses 15% 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
51k-75k 1 1 0.2 6
76k-100k 1 0
101k-125k 1 1 0.2 6
126k-150k 4 6 0.3 4
151k-175k 8 9 3 0.2 5.3
176k-200k 22 24 4 0.2 5.5
201k-225k 25 18 0.1 8.3
226k-250k 23 39 2 0.3 3.5
251k-275k 21 35 1 0.3 3.6
276k-300k 24 30 8 0.2 4.8
301k-325k 19 25 2 0.2 4.6
326k-350k 38 35 4 0.2 6.5
351k-375k 28 36 5 0.2 4.7
376k-400k 26 36 3 0.2 4.3
401k-425k 21 37 4 0.3 3.4
426k-450k 35 58 8 0.3 3.6
451k-475k 37 33 2 0.1 6.7
476k-500k 42 46 4 0.2 5.5
501k-550k 46 59 3 0.2 4.7
551k-600k 66 43 4 0.1 9.2
601k-650k 55 63 11 0.2 5.2
651k-700k 38 29 4 0.1 7.9
701k-750k 28 22 0.1 7.6
751k-800k 27 26 3 0.2 6.2
801k-850k 7 18 1 0.4 2.3
851k-900k 15 10 1 0.1 9
901k-950k 5 5 0.2 6
951k-1m 7 6 0.1 7
1m-1.1m 10 12 2 0.2 5
1.1m-1.2m 9 12 0.2 4.5
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 2 3 0.3 4
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 1 0.2 0
1.6m-1.7m 2 2 0.2 6
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.75m-3m 3 0
3m-3.5m 1 0
3.5m-4m 1 0
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 2 0
1k-25k 1 1 0.2 6
26k-50k 4 2 0.1 12
51k-75k 4 1 0 24
76k-100k 4 4 2 0.2 6
101k-125k 19 13 2 0.1 8.8
126k-150k 49 28 4 0.1 10.5
151k-175k 78 62 13 0.1 7.5
176k-200k 125 89 13 0.1 8.4
201k-225k 100 101 9 0.2 5.9
226k-250k 130 99 5 0.1 7.9
251k-275k 148 107 10 0.1 8.3
276k-300k 145 118 12 0.1 7.4
301k-325k 127 91 9 0.1 8.4
326k-350k 111 87 11 0.1 7.7
351k-375k 68 66 8 0.2 6.2
376k-400k 79 69 9 0.1 6.9
401k-425k 43 46 2 0.2 5.6
426k-450k 56 46 4 0.1 7.3
451k-475k 28 31 1 0.2 5.4
476k-500k 36 35 6 0.2 6.2
501k-550k 46 36 3 0.1 7.7
551k-600k 32 33 10 0.2 5.8
601k-650k 33 19 2 0.1 10.4
651k-700k 26 21 3 0.1 7.4
701k-750k 16 8 2 0.1 12
751k-800k 19 11 1 0.1 10.4
801k-850k 12 6 1 0.1 12
851k-900k 16 6 1 0.1 16
901k-950k 5 3 0.1 10
951k-1m 5 3 0.1 10
1m-1.1m 6 6 1 0.2 6
1.1m-1.2m 10 4 0.1 15
1.2m-1.3m 9 6 0.1 9
1.3m-1.4m 7 1 0 42
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 8 5 1 0.1 9.6
1.7m-1.8m 2 4 0.3 3
1.8m-1.9m 4 5 1 0.2 4.8
1.9m-2m 2 2 0.2 6
2m-2.25m 4 2 0.1 12
2.25m-2.5m 4 2 1 0.1 12
2.5m-2.75m 5 0
2.75m-3m 1 2 1 0.3 3
3m-3.5m 4 1 0 24
3.5m-4m 5 1 1 0 30
4.5m-5m 3 0
5.01m-6m 3 0
6.01m-7m 1 0

Land 8% 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 8 2 0 24
26k-50k 33 18 2 0.1 11
51k-75k 45 25 2 0.1 10.8
76k-100k 44 15 3 0.1 17.6
101k-125k 47 7 0 40.3
126k-150k 19 2 0 57
151k-175k 12 2 0 36
176k-200k 14 1 1 0 84
201k-225k 4 2 1 0.1 12
226k-250k 14 2 1 0 42
251k-275k 2 0.3 0
276k-300k 6 1 0 36
301k-325k 4 2 1 0.1 12
326k-350k 5 0
351k-375k 2 1 0.1 12
376k-400k 9 0
401k-425k 3 0
426k-450k 5 1 0 30
451k-475k 3 1 0.1 18
476k-500k 4 3 1 0.1 8
501k-550k 9 3 0.1 18
551k-600k 5 1 0 30
601k-650k 3 2 1 0.1 9
651k-700k 6 3 0.1 12
701k-750k 6 0
751k-800k 4 3 0.1 8
801k-850k 2 0
851k-900k 5 2 0.1 15
901k-950k 1 0.2 0
951k-1m 2 0
1m-1.1m 2 3 1 0.3 4
1.1m-1.2m 1 0
1.2m-1.3m 4 0
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 2 2 0.2 6
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.7m-1.8m 3 0
1.9m-2m 3 0
2.75m-3m 3 0
3m-3.5m 2 1 0.1 12
3.5m-4m 2 0
4m-4.5m 2 0
4.5m-5m 3 0
5.01m-6m 3 0
8.01m-9m 1 0
9.01m-10m 1 0
10.01m-11m 1 0