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 23% 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 1 0.2 6
101k-125k 2 1 0.1 12
126k-150k 5 1 0.8 0
151k-175k 1 12 2 2 0.5
176k-200k 5 19 3 0.6 1.6
201k-225k 11 35 7 0.5 1.9
226k-250k 25 46 5 0.3 3.3
251k-275k 29 64 10 0.4 2.7
276k-300k 26 48 8 0.3 3.3
301k-325k 33 62 6 0.3 3.2
326k-350k 34 52 7 0.3 3.9
351k-375k 32 56 6 0.3 3.4
376k-400k 29 55 11 0.3 3.2
401k-425k 15 21 3 0.2 4.3
426k-450k 12 25 5 0.3 2.9
451k-475k 10 11 0.2 5.5
476k-500k 22 11 2 0.1 12
501k-550k 20 14 1 0.1 8.6
551k-600k 20 14 1 0.1 8.6
601k-650k 12 9 0.1 8
651k-700k 15 7 1 0.1 12.9
701k-750k 5 7 0.2 4.3
751k-800k 9 2 0 27
801k-850k 3 3 1 0.2 6
851k-900k 1 1 0.2 6
901k-950k 2 1 0.1 12
1m-1.1m 1 2 0.3 3
1.1m-1.2m 2 0
1.3m-1.4m 1 0.2 0
1.4m-1.5m 1 0
1.5m-1.6m 1 0.2 0
1.7m-1.8m 1 0
6.01m-7m 1 1 0.2 0

Townhouses 11% 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 4 0.7 0
101k-125k 4 0
126k-150k 3 1 0.1 18
151k-175k 3 3 1 0.2 6
176k-200k 2 0
201k-225k 2 1 0.1 12
226k-250k 1 1 1 0.2 6
251k-275k 1 6 1 1
276k-300k 8 11 0.2 4.4
301k-325k 11 6 1 0.1 11
326k-350k 3 3 0.2 6
351k-375k 2 1 0.1 12
376k-400k 1 1 0.2 6

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
151k-175k 4 0
276k-300k 1 0.2 0

Land 15% 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 8 2 0.7 1.5
26k-50k 14 2 1 0 42
51k-75k 5 3 1 0.1 10
76k-100k 5 0
101k-125k 1 0.2 0
126k-150k 2 0
151k-175k 2 3 1 0.3 4
176k-200k 3 1 0.1 18
201k-225k 1 0
226k-250k 1 1 0.2 6
251k-275k 1 1 0.2 6
301k-325k 1 0.2 0
351k-375k 1 0
376k-400k 2 0
426k-450k 2 0
451k-475k 1 1 0.2 0
476k-500k 1 0
551k-600k 1 0
601k-650k 1 0
851k-900k 1 0
951k-1m 1 0
1m-1.1m 1 0
1.2m-1.3m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
4m-4.5m 1 0.2 0