Supply & Demand in Douglasville, 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 25% 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 0.3 0
76k-100k 1 2 1 0.3 3
101k-125k 1 0.2 0
126k-150k 1 3 0.5 2
151k-175k 4 12 2 0.5 2
176k-200k 5 20 6 0.7 1.5
201k-225k 13 23 1 0.3 3.4
226k-250k 26 59 7 0.4 2.6
251k-275k 21 73 11 0.6 1.7
276k-300k 34 65 5 0.3 3.1
301k-325k 37 63 12 0.3 3.5
326k-350k 30 52 4 0.3 3.5
351k-375k 39 66 6 0.3 3.5
376k-400k 33 70 12 0.4 2.8
401k-425k 22 22 3 0.2 6
426k-450k 22 17 1 0.1 7.8
451k-475k 9 11 1 0.2 4.9
476k-500k 17 11 2 0.1 9.3
501k-550k 16 16 4 0.2 6
551k-600k 13 16 1 0.2 4.9
601k-650k 7 12 3 0.3 3.5
651k-700k 16 5 0.1 19.2
701k-750k 8 7 1 0.1 6.9
751k-800k 6 4 0.1 9
801k-850k 4 2 0.1 12
851k-900k 2 2 0.2 6
901k-950k 1 0
951k-1m 1 0
1m-1.1m 1 1 1 0.2 6
1.1m-1.2m 2 1 0.1 12
1.3m-1.4m 1 1 0.2 0
1.4m-1.5m 2 0
1.5m-1.6m 1 0
3.5m-4m 1 0.2 0
6.01m-7m 1 0

Townhouses 27% 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
126k-150k 1 0.2 0
151k-175k 2 3 0.3 4
176k-200k 2 0.3 0
201k-225k 1 0
251k-275k 1 5 1 0.8 1.2
276k-300k 3 12 2 0.7 1.5
301k-325k 4 6 0.3 4
326k-350k 10 5 1 0.1 12
351k-375k 2 3 1 0.3 4
376k-400k 1 1 0.2 6

Condos 0% 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
151k-175k 2 0
176k-200k 1 0
276k-300k 2 0.3 0
301k-325k 1 0

Land 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
1k-25k 1 4 4 0.7 1.5
26k-50k 7 4 0.1 10.5
51k-75k 10 1 0 60
76k-100k 3 1 0.1 18
101k-125k 2 2 0.2 6
126k-150k 1 0
151k-175k 1 2 0.3 3
176k-200k 4 2 0.1 12
201k-225k 2 1 0.1 12
226k-250k 2 0
251k-275k 2 0
276k-300k 1 0
376k-400k 2 0
426k-450k 1 0
501k-550k 2 0
551k-600k 2 0
601k-650k 2 0
851k-900k 1 0
951k-1m 1 1 0.2 6
1.1m-1.2m 1 0
1.2m-1.3m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0