Supply & Demand in Dallas, 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 30% 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
26k-50k 1 0.2 0
101k-125k 1 3 0.5 2
126k-150k 3 0.5 0
151k-175k 2 0.3 0
176k-200k 3 11 3 0.6 1.6
201k-225k 6 12 3 0.3 3
226k-250k 13 25 5 0.3 3.1
251k-275k 14 51 4 0.6 1.6
276k-300k 23 68 12 0.5 2
301k-325k 26 82 15 0.5 1.9
326k-350k 35 76 14 0.4 2.8
351k-375k 39 62 10 0.3 3.8
376k-400k 68 90 24 0.2 4.5
401k-425k 47 63 10 0.2 4.5
426k-450k 46 50 8 0.2 5.5
451k-475k 25 38 7 0.3 3.9
476k-500k 29 31 4 0.2 5.6
501k-550k 20 31 9 0.3 3.9
551k-600k 16 16 0.2 6
601k-650k 12 7 1 0.1 10.3
651k-700k 6 6 0.2 6
701k-750k 6 2 0.1 18
751k-800k 2 3 0.3 4
801k-850k 3 0
851k-900k 4 2 0.1 12
951k-1m 4 0
1m-1.1m 1 0
1.1m-1.2m 2 0.3 0
1.2m-1.3m 1 0.2 0
1.4m-1.5m 1 0
3m-3.5m 1 0.2 0
4.5m-5m 1 0

Townhouses 33% 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
176k-200k 1 0.2 0
201k-225k 1 0
226k-250k 3 2 0.5 0
276k-300k 1 1 0.2 6
301k-325k 1 0
326k-350k 1 0

Condos % 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
326k-350k 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 1 2 0.3 3
26k-50k 6 3 1 0.1 12
51k-75k 11 2 1 0 33
76k-100k 8 4 3 0.1 12
101k-125k 1 0
126k-150k 2 3 1 0.3 4
151k-175k 7 1 0 42
176k-200k 6 1 0 36
201k-225k 5 0
226k-250k 3 1 0.1 18
251k-275k 2 0
276k-300k 4 1 0 24
301k-325k 1 2 0.3 3
376k-400k 1 0
451k-475k 1 0.2 0
476k-500k 1 0
551k-600k 2 0
601k-650k 1 1 0.2 6
651k-700k 1 0.2 0
751k-800k 1 0
1.3m-1.4m 1 0
1.4m-1.5m 2 1 1 0.1 12
1.5m-1.6m 1 0
1.6m-1.7m 2 0
2m-2.25m 2 0
3.5m-4m 1 0
4m-4.5m 1 0
5.01m-6m 1 0