Supply & Demand in Decatur, 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 1 0
26k-50k 1 0.2 0
51k-75k 2 0.3 0
76k-100k 1 3 1 0.5 2
101k-125k 3 6 2 0.3 3
126k-150k 8 24 3 0.5 2
151k-175k 28 41 5 0.2 4.1
176k-200k 65 73 15 0.2 5.3
201k-225k 66 77 14 0.2 5.1
226k-250k 56 75 10 0.2 4.5
251k-275k 50 71 11 0.2 4.2
276k-300k 70 61 4 0.1 6.9
301k-325k 53 54 8 0.2 5.9
326k-350k 50 40 7 0.1 7.5
351k-375k 32 39 10 0.2 4.9
376k-400k 29 42 11 0.2 4.1
401k-425k 18 26 3 0.2 4.2
426k-450k 20 35 8 0.3 3.4
451k-475k 17 21 1 0.2 4.9
476k-500k 16 19 2 0.2 5.1
501k-550k 28 36 4 0.2 4.7
551k-600k 25 29 3 0.2 5.2
601k-650k 13 21 0.3 3.7
651k-700k 13 23 2 0.3 3.4
701k-750k 9 17 1 0.3 3.2
751k-800k 4 14 2 0.6 1.7
801k-850k 2 11 1 0.9 1.1
851k-900k 2 15 1 1.3 0.8
901k-950k 4 6 0.3 4
951k-1m 4 8 3 0.3 3
1m-1.1m 2 7 1 0.6 1.7
1.1m-1.2m 5 7 0.2 4.3
1.2m-1.3m 8 10 4 0.2 4.8
1.3m-1.4m 3 6 0.3 3
1.4m-1.5m 1 2 0.3 3
1.5m-1.6m 2 5 0.4 2.4
1.6m-1.7m 2 3 0.3 4
1.7m-1.8m 2 1 0.3 0
1.9m-2m 1 0.2 0
2m-2.25m 2 0.3 0
2.5m-2.75m 1 0.2 0

Townhouses 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
51k-75k 2 1 0.3 0
76k-100k 1 2 0.3 3
101k-125k 1 0.2 0
126k-150k 5 1 0 30
151k-175k 8 11 5 0.2 4.4
176k-200k 15 12 1 0.1 7.5
201k-225k 15 10 2 0.1 9
226k-250k 11 13 3 0.2 5.1
251k-275k 5 6 0.2 5
276k-300k 6 3 0.1 12
301k-325k 4 10 1 0.4 2.4
326k-350k 5 3 1 0.1 10
351k-375k 2 1 0.3 0
376k-400k 3 5 1 0.3 3.6
401k-425k 5 0.8 0
426k-450k 1 2 0.3 3
451k-475k 4 4 0.2 6
476k-500k 7 8 1 0.2 5.3
501k-550k 8 12 1 0.3 4
551k-600k 5 3 0.1 10
601k-650k 4 10 1 0.4 2.4
651k-700k 3 9 2 0.5 2
701k-750k 4 3 1 0.1 8
751k-800k 4 0
801k-850k 2 0.3 0
851k-900k 1 2 1 0.3 3
901k-950k 1 1 0.2 0
951k-1m 1 0.2 0
1.3m-1.4m 1 0

Condos 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
26k-50k 1 0
51k-75k 1 6 1 1
76k-100k 4 5 0.2 4.8
101k-125k 20 8 4 0.1 15
126k-150k 1 2 1 0.3 3
151k-175k 7 5 1 0.1 8.4
176k-200k 9 12 2 0.2 4.5
201k-225k 13 5 1 0.1 15.6
226k-250k 10 10 1 0.2 6
251k-275k 5 12 1 0.4 2.5
276k-300k 11 4 0.1 16.5
301k-325k 7 1.2 0
326k-350k 5 7 2 0.2 4.3
351k-375k 3 0.5 0
376k-400k 1 5 1 0.8 1.2
401k-425k 2 4 3 0.3 3
426k-450k 3 3 1 0.2 6
451k-475k 1 6 1 1
476k-500k 1 3 1 0.5 2
601k-650k 1 1 0.2 6
701k-750k 1 0.2 0
801k-850k 1 0.2 0
851k-900k 1 0.2 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 0
26k-50k 5 3 1 0.1 10
51k-75k 4 5 0.2 4.8
76k-100k 1 3 1 0.5 2
101k-125k 2 0
126k-150k 2 0
151k-175k 1 0.2 0
176k-200k 1 0
201k-225k 2 0
226k-250k 1 1 0.2 6
251k-275k 1 0
276k-300k 1 2 0.3 3
301k-325k 2 0
351k-375k 2 0
376k-400k 2 0
426k-450k 2 2 0.3 0
476k-500k 1 0
501k-550k 1 0
551k-600k 2 0
601k-650k 2 0
651k-700k 1 0
701k-750k 2 0
751k-800k 2 0
851k-900k 1 0
951k-1m 1 0
10.01m-11m 3 0