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 22% 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 2 4 0.3 3
51k-75k 1 11 1.8 0.5
76k-100k 13 23 2 0.3 3.4
101k-125k 22 39 3 0.3 3.4
126k-150k 27 53 15 0.3 3.1
151k-175k 44 84 15 0.3 3.1
176k-200k 77 84 15 0.2 5.5
201k-225k 69 80 7 0.2 5.2
226k-250k 86 93 11 0.2 5.5
251k-275k 86 101 16 0.2 5.1
276k-300k 122 101 14 0.1 7.2
301k-325k 76 79 8 0.2 5.8
326k-350k 118 73 14 0.1 9.7
351k-375k 78 74 9 0.2 6.3
376k-400k 89 74 14 0.1 7.2
401k-425k 56 71 8 0.2 4.7
426k-450k 59 69 16 0.2 5.1
451k-475k 47 53 9 0.2 5.3
476k-500k 57 54 10 0.2 6.3
501k-550k 93 103 11 0.2 5.4
551k-600k 92 121 19 0.2 4.6
601k-650k 65 101 11 0.3 3.9
651k-700k 65 98 16 0.3 4
701k-750k 38 81 12 0.4 2.8
751k-800k 45 75 12 0.3 3.6
801k-850k 33 67 12 0.3 3
851k-900k 36 69 13 0.3 3.1
901k-950k 26 41 7 0.3 3.8
951k-1m 21 49 10 0.4 2.6
1m-1.1m 28 55 6 0.3 3.1
1.1m-1.2m 33 58 14 0.3 3.4
1.2m-1.3m 26 55 15 0.4 2.8
1.3m-1.4m 21 44 9 0.3 2.9
1.4m-1.5m 16 38 7 0.4 2.5
1.5m-1.6m 14 25 4 0.3 3.4
1.6m-1.7m 19 28 2 0.2 4.1
1.7m-1.8m 13 29 4 0.4 2.7
1.8m-1.9m 14 18 1 0.2 4.7
1.9m-2m 15 20 4 0.2 4.5
2m-2.25m 11 34 4 0.5 1.9
2.25m-2.5m 24 32 11 0.2 4.5
2.5m-2.75m 21 18 4 0.1 7
2.75m-3m 27 14 5 0.1 11.6
3m-3.5m 27 17 3 0.1 9.5
3.5m-4m 12 12 1 0.2 6
4m-4.5m 12 12 3 0.2 6
4.5m-5m 5 6 1 0.2 5
5.01m-6m 17 5 1 0 20.4
6.01m-7m 4 4 0.2 6
7.01m-8m 4 0
8.01m-9m 2 1 0.1 12
9.01m-10m 1 0
10.01m-11m 1 0
24.01m-25m 1 0
34.01m-35m 1 0

Townhouses 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
26k-50k 1 0.2 0
51k-75k 2 1 0.1 12
76k-100k 1 0
101k-125k 1 4 0.7 1.5
126k-150k 5 4 1 0.1 7.5
151k-175k 11 6 0.1 11
176k-200k 13 29 3 0.4 2.7
201k-225k 31 13 3 0.1 14.3
226k-250k 24 25 1 0.2 5.8
251k-275k 21 18 2 0.1 7
276k-300k 19 44 4 0.4 2.6
301k-325k 23 24 2 0.2 5.8
326k-350k 35 37 4 0.2 5.7
351k-375k 37 29 0.1 7.7
376k-400k 24 34 6 0.2 4.2
401k-425k 20 34 3 0.3 3.5
426k-450k 35 39 9 0.2 5.4
451k-475k 28 33 3 0.2 5.1
476k-500k 27 42 8 0.3 3.9
501k-550k 49 55 8 0.2 5.3
551k-600k 49 53 8 0.2 5.5
601k-650k 49 36 8 0.1 8.2
651k-700k 27 31 9 0.2 5.2
701k-750k 25 19 2 0.1 7.9
751k-800k 21 27 9 0.2 4.7
801k-850k 18 16 2 0.1 6.8
851k-900k 11 11 1 0.2 6
901k-950k 10 3 1 0.1 20
951k-1m 5 9 2 0.3 3.3
1m-1.1m 13 11 0.1 7.1
1.1m-1.2m 7 8 1 0.2 5.3
1.2m-1.3m 8 3 0.1 16
1.3m-1.4m 3 3 1 0.2 6
1.4m-1.5m 3 3 0.2 6
1.5m-1.6m 1 2 1 0.3 3
1.6m-1.7m 1 2 0.3 3
1.7m-1.8m 2 2 0.2 6
1.9m-2m 1 1 0.2 6
2.5m-2.75m 3 1 0.5 0
2.75m-3m 1 0.2 0
3.5m-4m 1 0

Condos 11% 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 0.2 0
26k-50k 4 0
51k-75k 4 0
76k-100k 7 6 1 0.1 7
101k-125k 9 10 1 0.2 5.4
126k-150k 48 38 4 0.1 7.6
151k-175k 80 50 3 0.1 9.6
176k-200k 109 68 11 0.1 9.6
201k-225k 116 55 10 0.1 12.7
226k-250k 175 85 20 0.1 12.4
251k-275k 135 85 11 0.1 9.5
276k-300k 165 85 16 0.1 11.6
301k-325k 92 71 14 0.1 7.8
326k-350k 90 58 8 0.1 9.3
351k-375k 54 54 5 0.2 6
376k-400k 70 39 8 0.1 10.8
401k-425k 40 41 5 0.2 5.9
426k-450k 61 29 5 0.1 12.6
451k-475k 21 23 1 0.2 5.5
476k-500k 40 27 6 0.1 8.9
501k-550k 44 30 5 0.1 8.8
551k-600k 46 23 2 0.1 12
601k-650k 26 15 1 0.1 10.4
651k-700k 16 14 3 0.1 6.9
701k-750k 17 7 0.1 14.6
751k-800k 16 12 3 0.1 8
801k-850k 8 6 1 0.1 8
851k-900k 14 7 2 0.1 12
901k-950k 6 9 2 0.3 4
951k-1m 9 6 0.1 9
1m-1.1m 6 5 1 0.1 7.2
1.1m-1.2m 7 2 0 21
1.2m-1.3m 11 6 0.1 11
1.3m-1.4m 6 3 1 0.1 12
1.4m-1.5m 7 1 0 42
1.5m-1.6m 2 3 0.3 4
1.6m-1.7m 2 3 0.3 4
1.7m-1.8m 4 4 0.2 6
1.8m-1.9m 2 0
1.9m-2m 7 1 0 42
2m-2.25m 5 1 0 30
2.25m-2.5m 6 1 1 0 36
2.5m-2.75m 5 2 0.1 15
2.75m-3m 2 3 0.3 4
3m-3.5m 1 1 0.2 6
3.5m-4m 3 1 0.1 18
4m-4.5m 2 0
4.5m-5m 1 0
5.01m-6m 2 0
6.01m-7m 2 0
9.01m-10m 1 0

Land 7% 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 9 4 0.1 13.5
26k-50k 33 19 1 0.1 10.4
51k-75k 43 21 2 0.1 12.3
76k-100k 57 14 0 24.4
101k-125k 26 5 2 0 31.2
126k-150k 18 4 0 27
151k-175k 18 4 0 27
176k-200k 10 3 2 0.1 20
201k-225k 8 2 0 24
226k-250k 16 0
251k-275k 1 1 0.2 6
276k-300k 8 1 0 48
301k-325k 3 1 0.1 18
326k-350k 5 1 0 30
351k-375k 4 1 0 24
376k-400k 4 1 0 24
401k-425k 2 0.3 0
426k-450k 3 0
451k-475k 3 1 1 0.1 18
476k-500k 4 2 0.1 12
501k-550k 4 2 0.1 12
551k-600k 3 1 0.1 18
601k-650k 2 0
651k-700k 1 0
701k-750k 4 1 0 24
751k-800k 5 0
801k-850k 5 1 0 30
851k-900k 4 1 0 24
951k-1m 2 3 0.3 4
1m-1.1m 3 0
1.1m-1.2m 4 0
1.2m-1.3m 1 1 0.2 6
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 0
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 2 2 1 0.2 6
1.8m-1.9m 1 0
1.9m-2m 4 1 0 24
2m-2.25m 1 0.2 0
2.25m-2.5m 1 0
2.75m-3m 3 0
3m-3.5m 4 0
3.5m-4m 1 0
4m-4.5m 3 1 0.1 18
5.01m-6m 3 0
8.01m-9m 1 0
9.01m-10m 1 0
10.01m-11m 1 0