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
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Balanced
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Buyer's
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< 5 months Inventory 5 months Inventory > 5 months Inventory

Houses 17% 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 0
26k-50k 1 0.2 0
51k-75k 3 0.5 0
76k-100k 1 2 0.3 3
101k-125k 1 7 1.2 0.9
126k-150k 6 17 1 0.5 2.1
151k-175k 31 42 8 0.2 4.4
176k-200k 59 68 13 0.2 5.2
201k-225k 63 80 11 0.2 4.7
226k-250k 54 69 12 0.2 4.7
251k-275k 50 58 8 0.2 5.2
276k-300k 55 63 13 0.2 5.2
301k-325k 52 53 6 0.2 5.9
326k-350k 54 30 3 0.1 10.8
351k-375k 30 42 5 0.2 4.3
376k-400k 45 38 1 0.1 7.1
401k-425k 18 25 2 0.2 4.3
426k-450k 16 27 3 0.3 3.6
451k-475k 14 15 1 0.2 5.6
476k-500k 18 18 2 0.2 6
501k-550k 28 34 6 0.2 4.9
551k-600k 22 29 3 0.2 4.6
601k-650k 20 22 2 0.2 5.5
651k-700k 12 17 2 0.2 4.2
701k-750k 4 18 1 0.8 1.3
751k-800k 4 12 0.5 2
801k-850k 2 7 1 0.6 1.7
851k-900k 4 12 0.5 2
901k-950k 5 8 1 0.3 3.8
951k-1m 1 7 1 1.2 0.9
1m-1.1m 3 8 2 0.4 2.3
1.1m-1.2m 7 7 2 0.2 6
1.2m-1.3m 6 9 2 0.3 4
1.3m-1.4m 3 3 0.2 6
1.4m-1.5m 2 2 0.2 6
1.5m-1.6m 2 4 1 0.3 3
1.6m-1.7m 4 4 0.2 6
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 1 0
1.9m-2m 1 1 0.2 6
2m-2.25m 3 1 0.5 0

Townhouses 8% 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 1 0.2 6
76k-100k 1 0.2 0
101k-125k 1 0.2 0
126k-150k 8 3 0.1 16
151k-175k 6 7 0.2 5.1
176k-200k 23 8 1 0.1 17.3
201k-225k 15 7 1 0.1 12.9
226k-250k 10 10 0.2 6
251k-275k 4 4 0.2 6
276k-300k 14 2 0 42
301k-325k 4 12 2 0.5 2
326k-350k 3 0.5 0
351k-375k 2 0.3 0
376k-400k 3 4 0.2 4.5
401k-425k 3 5 1 0.3 3.6
426k-450k 2 4 0.3 3
451k-475k 6 5 1 0.1 7.2
476k-500k 4 4 0.2 6
501k-550k 8 8 0.2 6
551k-600k 9 3 1 0.1 18
601k-650k 5 9 2 0.3 3.3
651k-700k 6 7 1 0.2 5.1
701k-750k 2 3 0.3 4
751k-800k 4 1 1 0 24
801k-850k 2 0
851k-900k 1 2 0.3 3
901k-950k 1 0.2 0
951k-1m 1 0.2 0
1.2m-1.3m 1 0

Condos 9% 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 1 3 0.5 2
76k-100k 7 4 0.1 10.5
101k-125k 16 6 1 0.1 16
126k-150k 3 2 0.1 9
151k-175k 10 6 1 0.1 10
176k-200k 12 9 1 0.1 8
201k-225k 15 6 1 0.1 15
226k-250k 13 14 3 0.2 5.6
251k-275k 6 9 1 0.3 4
276k-300k 12 4 0.1 18
301k-325k 2 4 0.3 3
326k-350k 7 7 1 0.2 6
351k-375k 2 1 0.1 12
376k-400k 4 3 0.1 8
401k-425k 1 6 1 1
426k-450k 2 3 0.3 4
451k-475k 2 2 0.2 6
476k-500k 2 0.3 0
601k-650k 1 0
801k-850k 1 0.2 0
851k-900k 1 0.2 0

Land 2% 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 7 0
26k-50k 4 3 0.1 8
51k-75k 4 1 1 0 24
76k-100k 3 2 0.1 9
101k-125k 3 0
151k-175k 1 0.2 0
176k-200k 1 0
201k-225k 2 0
226k-250k 1 0
251k-275k 1 0
276k-300k 1 1 0.2 6
301k-325k 3 0
326k-350k 1 0
376k-400k 1 1 0.2 6
401k-425k 1 1 0.2 0
451k-475k 1 0.2 0
476k-500k 1 0
551k-600k 3 0
651k-700k 1 0
701k-750k 2 0
751k-800k 2 0
801k-850k 1 0
951k-1m 1 0