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 21% 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 2 1 0.1 12
26k-50k 2 1 0.3 0
51k-75k 2 8 0.7 1.5
76k-100k 14 15 4 0.2 5.6
101k-125k 15 34 7 0.4 2.6
126k-150k 29 72 16 0.4 2.4
151k-175k 67 98 19 0.2 4.1
176k-200k 100 121 26 0.2 5
201k-225k 89 107 18 0.2 5
226k-250k 126 154 27 0.2 4.9
251k-275k 124 111 18 0.1 6.7
276k-300k 156 128 22 0.1 7.3
301k-325k 93 89 8 0.2 6.3
326k-350k 116 87 16 0.1 8
351k-375k 81 95 14 0.2 5.1
376k-400k 111 91 10 0.1 7.3
401k-425k 54 71 6 0.2 4.6
426k-450k 68 81 14 0.2 5
451k-475k 45 61 7 0.2 4.4
476k-500k 63 62 9 0.2 6.1
501k-550k 114 111 13 0.2 6.2
551k-600k 96 153 29 0.3 3.8
601k-650k 77 123 20 0.3 3.8
651k-700k 73 120 21 0.3 3.7
701k-750k 47 114 15 0.4 2.5
751k-800k 44 84 10 0.3 3.1
801k-850k 32 63 5 0.3 3
851k-900k 43 81 15 0.3 3.2
901k-950k 24 58 5 0.4 2.5
951k-1m 22 68 9 0.5 1.9
1m-1.1m 22 66 10 0.5 2
1.1m-1.2m 30 63 12 0.4 2.9
1.2m-1.3m 22 63 5 0.5 2.1
1.3m-1.4m 30 43 7 0.2 4.2
1.4m-1.5m 24 43 6 0.3 3.3
1.5m-1.6m 15 21 2 0.2 4.3
1.6m-1.7m 11 29 1 0.4 2.3
1.7m-1.8m 15 37 5 0.4 2.4
1.8m-1.9m 11 20 2 0.3 3.3
1.9m-2m 22 20 2 0.2 6.6
2m-2.25m 26 28 3 0.2 5.6
2.25m-2.5m 26 31 3 0.2 5
2.5m-2.75m 13 19 2 0.2 4.1
2.75m-3m 30 14 4 0.1 12.9
3m-3.5m 25 18 1 0.1 8.3
3.5m-4m 16 8 1 0.1 12
4m-4.5m 11 9 1 0.1 7.3
4.5m-5m 5 8 0.3 3.8
5.01m-6m 12 3 0 24
6.01m-7m 7 4 2 0.1 10.5
7.01m-8m 1 1 0.2 6
8.01m-9m 4 1 0 24
10.01m-11m 1 0
17.01m-18m 1 0
22.01m-23m 1 0
24.01m-25m 1 0

Townhouses 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
51k-75k 1 0.2 0
76k-100k 1 0
101k-125k 3 1 0.5 0
126k-150k 4 8 0.3 3
151k-175k 6 11 1 0.3 3.3
176k-200k 28 25 7 0.1 6.7
201k-225k 20 19 4 0.2 6.3
226k-250k 28 27 4 0.2 6.2
251k-275k 27 18 1 0.1 9
276k-300k 39 38 8 0.2 6.2
301k-325k 7 39 10 0.9 1.1
326k-350k 25 52 8 0.3 2.9
351k-375k 29 35 8 0.2 5
376k-400k 43 23 0.1 11.2
401k-425k 33 41 7 0.2 4.8
426k-450k 44 38 4 0.1 6.9
451k-475k 30 27 3 0.2 6.7
476k-500k 41 34 4 0.1 7.2
501k-550k 44 57 8 0.2 4.6
551k-600k 46 43 8 0.2 6.4
601k-650k 46 57 8 0.2 4.8
651k-700k 33 26 3 0.1 7.6
701k-750k 17 17 0.2 6
751k-800k 17 19 1 0.2 5.4
801k-850k 13 10 3 0.1 7.8
851k-900k 13 10 1 0.1 7.8
901k-950k 4 7 1 0.3 3.4
951k-1m 2 7 1 0.6 1.7
1m-1.1m 9 8 2 0.1 6.8
1.1m-1.2m 7 9 2 0.2 4.7
1.2m-1.3m 6 6 2 0.2 6
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 2 2 1 0.2 6
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
2m-2.25m 1 0
2.5m-2.75m 1 0
2.75m-3m 1 1 0.2 6
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 1 0
26k-50k 4 1 1 0 24
51k-75k 2 2 0.2 6
76k-100k 5 7 1 0.2 4.3
101k-125k 23 14 1 0.1 9.9
126k-150k 49 40 11 0.1 7.4
151k-175k 80 58 6 0.1 8.3
176k-200k 145 89 15 0.1 9.8
201k-225k 105 72 8 0.1 8.8
226k-250k 155 101 13 0.1 9.2
251k-275k 129 100 16 0.1 7.7
276k-300k 171 97 12 0.1 10.6
301k-325k 110 72 8 0.1 9.2
326k-350k 101 83 12 0.1 7.3
351k-375k 70 51 7 0.1 8.2
376k-400k 63 63 8 0.2 6
401k-425k 48 36 5 0.1 8
426k-450k 50 46 9 0.2 6.5
451k-475k 20 30 1 0.3 4
476k-500k 29 37 4 0.2 4.7
501k-550k 59 25 4 0.1 14.2
551k-600k 39 23 1 0.1 10.2
601k-650k 22 20 1 0.2 6.6
651k-700k 21 18 0.1 7
701k-750k 16 14 4 0.1 6.9
751k-800k 14 13 1 0.2 6.5
801k-850k 14 5 2 0.1 16.8
851k-900k 11 7 2 0.1 9.4
901k-950k 5 6 1 0.2 5
951k-1m 7 1 0 42
1m-1.1m 11 8 0.1 8.3
1.1m-1.2m 6 6 1 0.2 6
1.2m-1.3m 11 4 2 0.1 16.5
1.3m-1.4m 6 2 0.1 18
1.4m-1.5m 5 4 1 0.1 7.5
1.5m-1.6m 4 3 0.1 8
1.6m-1.7m 6 3 0.1 12
1.7m-1.8m 4 2 0.1 12
1.8m-1.9m 3 2 0.1 9
1.9m-2m 4 2 1 0.1 12
2m-2.25m 4 1 0 24
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 5 3 1 0.1 10
2.75m-3m 1 2 0.3 3
3m-3.5m 5 2 0.1 15
3.5m-4m 4 1 0 24
4.5m-5m 2 1 0.1 12
5.01m-6m 3 0
6.01m-7m 1 0

Land 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
1k-25k 5 4 1 0.1 7.5
26k-50k 29 18 3 0.1 9.7
51k-75k 56 22 6 0.1 15.3
76k-100k 55 14 2 0 23.6
101k-125k 30 6 0 30
126k-150k 24 3 2 0 48
151k-175k 15 5 1 0.1 18
176k-200k 12 2 0 36
201k-225k 8 1 0 48
226k-250k 9 2 0 27
251k-275k 4 2 0.1 12
276k-300k 9 3 0.1 18
301k-325k 1 1 0.2 6
326k-350k 5 1 1 0 30
351k-375k 2 0
376k-400k 6 5 0.1 7.2
401k-425k 2 1 0.3 0
426k-450k 6 1 0 36
451k-475k 2 0
476k-500k 6 2 0.1 18
501k-550k 5 3 2 0.1 10
551k-600k 5 2 0.1 15
601k-650k 3 1 0.1 18
651k-700k 3 0
701k-750k 5 0
751k-800k 6 0
801k-850k 5 0
851k-900k 5 1 0 30
901k-950k 1 1 0.2 6
951k-1m 3 0
1m-1.1m 3 2 0.1 9
1.1m-1.2m 1 0
1.2m-1.3m 2 0
1.3m-1.4m 2 0
1.4m-1.5m 1 2 0.3 3
1.5m-1.6m 1 1 0.2 6
1.6m-1.7m 2 0
1.7m-1.8m 1 0
1.9m-2m 4 1 0 24
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 1 0
2.75m-3m 4 0
3m-3.5m 1 0
3.5m-4m 2 0
4m-4.5m 2 0
4.5m-5m 3 0
5.01m-6m 3 1 0.1 18
8.01m-9m 1 0
9.01m-10m 1 0.2 0
10.01m-11m 1 0