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 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
76k-100k 1 2 0.3 3
101k-125k 3 1 0.5 0
126k-150k 4 10 2 0.4 2.4
151k-175k 8 45 5 0.9 1.1
176k-200k 20 44 8 0.4 2.7
201k-225k 31 45 9 0.2 4.1
226k-250k 39 42 7 0.2 5.6
251k-275k 41 42 5 0.2 5.9
276k-300k 50 61 11 0.2 4.9
301k-325k 48 43 7 0.1 6.7
326k-350k 52 38 8 0.1 8.2
351k-375k 37 41 8 0.2 5.4
376k-400k 32 39 4 0.2 4.9
401k-425k 17 11 3 0.1 9.3
426k-450k 19 31 8 0.3 3.7
451k-475k 7 15 4 0.4 2.8
476k-500k 15 17 4 0.2 5.3
501k-550k 19 33 12 0.3 3.5
551k-600k 18 25 8 0.2 4.3
601k-650k 11 28 7 0.4 2.4
651k-700k 6 18 5 0.5 2
701k-750k 4 16 4 0.7 1.5
751k-800k 6 8 4 0.2 4.5
801k-850k 4 6 1 0.3 4
851k-900k 2 11 3 0.9 1.1
901k-950k 3 7 1 0.4 2.6
951k-1m 7 1 1.2 0
1m-1.1m 4 8 1 0.3 3
1.1m-1.2m 6 4 1 0.1 9
1.2m-1.3m 4 10 1 0.4 2.4
1.3m-1.4m 1 8 1 1.3 0.8
1.4m-1.5m 2 6 1 0.5 2
1.5m-1.6m 7 1 1.2 0
1.6m-1.7m 1 2 0.3 3
1.7m-1.8m 2 3 1 0.3 4
1.8m-1.9m 2 0.3 0
1.9m-2m 2 0
2m-2.25m 1 2 0.3 3
2.25m-2.5m 1 0
2.5m-2.75m 1 0.2 0

Townhouses 22% 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
76k-100k 1 0
101k-125k 2 1 0.1 12
126k-150k 4 1 0 24
151k-175k 8 6 2 0.1 8
176k-200k 13 11 3 0.1 7.1
201k-225k 6 11 4 0.3 3.3
226k-250k 11 9 2 0.1 7.3
251k-275k 3 1 1 0.1 18
276k-300k 6 5 2 0.1 7.2
301k-325k 2 3 0.3 4
326k-350k 4 1 0.7 0
351k-375k 3 3 1 0.2 6
376k-400k 13 4 1 0.1 19.5
401k-425k 7 2 0 21
426k-450k 8 10 1 0.2 4.8
451k-475k 1 1 1 0.2 6
476k-500k 7 3 1 0.1 14
501k-550k 6 13 2 0.4 2.8
551k-600k 1 15 2 2.5 0.4
601k-650k 18 7 1 0.1 15.4
651k-700k 5 10 1 0.3 3
701k-750k 5 1 0 30
751k-800k 2 1 0.1 12
801k-850k 3 1 0.5 0
901k-950k 8 0
1.2m-1.3m 1 0.2 0

Condos 19% 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 1 0.2 6
51k-75k 5 2 0.1 15
76k-100k 9 9 1 0.2 6
101k-125k 6 9 2 0.3 4
126k-150k 7 10 3 0.2 4.2
151k-175k 6 4 1 0.1 9
176k-200k 8 5 0.1 9.6
201k-225k 11 12 4 0.2 5.5
226k-250k 10 9 1 0.2 6.7
251k-275k 8 10 1 0.2 4.8
276k-300k 4 6 2 0.3 4
301k-325k 4 5 2 0.2 4.8
326k-350k 4 5 0.2 4.8
351k-375k 2 1 0.1 12
376k-400k 4 3 1 0.1 8
401k-425k 1 4 0.7 1.5
426k-450k 3 1 0.5 0
451k-475k 2 1 0.1 12
476k-500k 1 2 1 0.3 3
551k-600k 1 1 0.2 6
601k-650k 1 0
651k-700k 1 0.2 0
701k-750k 1 1 0.2 6
801k-850k 1 1 1 0.2 6

Land % 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 1 0 30
26k-50k 2 2 0.2 6
51k-75k 3 0
76k-100k 5 1 0 30
101k-125k 3 0
126k-150k 1 1 0.2 6
176k-200k 2 1 0.1 12
226k-250k 4 0
251k-275k 1 0
276k-300k 2 0
301k-325k 3 0
326k-350k 2 0
476k-500k 1 0
501k-550k 1 0
551k-600k 1 0
601k-650k 1 1 0.2 6
651k-700k 2 0
701k-750k 1 0
751k-800k 1 0
801k-850k 1 0
851k-900k 1 0
1.5m-1.6m 1 0
3.5m-4m 1 0