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 26% 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 2 1 0.3 0
51k-75k 1 1 0.2 0
76k-100k 1 2 2 0.3 3
101k-125k 1 3 0.5 2
126k-150k 1 1 0.2 6
151k-175k 1 0.2 0
176k-200k 2 11 1 0.9 1.1
201k-225k 7 11 0.3 3.8
226k-250k 5 22 4 0.7 1.4
251k-275k 16 53 6 0.6 1.8
276k-300k 23 74 17 0.5 1.9
301k-325k 37 66 5 0.3 3.4
326k-350k 40 85 13 0.4 2.8
351k-375k 40 77 13 0.3 3.1
376k-400k 79 82 10 0.2 5.8
401k-425k 48 69 13 0.2 4.2
426k-450k 45 58 7 0.2 4.7
451k-475k 31 37 5 0.2 5
476k-500k 32 35 5 0.2 5.5
501k-550k 17 38 5 0.4 2.7
551k-600k 17 23 9 0.2 4.4
601k-650k 13 4 2 0.1 19.5
651k-700k 7 5 1 0.1 8.4
701k-750k 5 5 1 0.2 6
751k-800k 3 1 0.1 18
801k-850k 1 0
851k-900k 4 3 1 0.1 8
901k-950k 1 0
951k-1m 2 1 0.1 12
1m-1.1m 1 0
1.1m-1.2m 1 0.2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0.2 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
2.75m-3m 1 0
4m-4.5m 1 0

Townhouses % 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 0.5 0
251k-275k 1 0
276k-300k 1 1 0.2 6
301k-325k 2 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
276k-300k 1 0
326k-350k 1 0

Land 5% 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 7 3 2 0.1 14
51k-75k 6 4 1 0.1 9
76k-100k 8 3 1 0.1 16
101k-125k 1 0
126k-150k 3 3 0.2 6
151k-175k 7 1 0 42
176k-200k 7 0
201k-225k 7 0
226k-250k 3 2 1 0.1 9
251k-275k 1 0
276k-300k 4 0
301k-325k 1 1 0.2 6
376k-400k 1 0
426k-450k 1 0
451k-475k 1 0
476k-500k 1 0
551k-600k 1 0
601k-650k 1 1 0.2 6
651k-700k 1 2 0.3 3
701k-750k 1 0
751k-800k 1 0
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.8m-1.9m 1 0
2m-2.25m 2 0
2.25m-2.5m 1 0
3.5m-4m 1 0
4m-4.5m 1 0
5.01m-6m 1 0