Supply & Demand in Marietta, 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 30% 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 1 0.2 0
176k-200k 4 0.7 0
201k-225k 2 10 1 0.8 1.2
226k-250k 2 11 1 0.9 1.1
251k-275k 3 22 5 1.2 0.8
276k-300k 6 28 6 0.8 1.3
301k-325k 18 25 4 0.2 4.3
326k-350k 21 54 3 0.4 2.3
351k-375k 28 67 8 0.4 2.5
376k-400k 38 86 13 0.4 2.7
401k-425k 33 87 14 0.4 2.3
426k-450k 34 82 19 0.4 2.5
451k-475k 30 54 14 0.3 3.3
476k-500k 45 68 14 0.3 4
501k-550k 53 118 18 0.4 2.7
551k-600k 57 96 26 0.3 3.6
601k-650k 48 79 14 0.3 3.6
651k-700k 33 67 17 0.3 3
701k-750k 33 69 12 0.3 2.9
751k-800k 40 32 8 0.1 7.5
801k-850k 22 44 6 0.3 3
851k-900k 21 39 6 0.3 3.2
901k-950k 16 21 3 0.2 4.6
951k-1m 20 11 1 0.1 10.9
1m-1.1m 11 24 2 0.4 2.8
1.1m-1.2m 19 16 4 0.1 7.1
1.2m-1.3m 19 20 4 0.2 5.7
1.3m-1.4m 7 11 2 0.3 3.8
1.4m-1.5m 7 6 0.1 7
1.5m-1.6m 8 8 2 0.2 6
1.6m-1.7m 4 2 1 0.1 12
1.7m-1.8m 4 7 2 0.3 3.4
1.8m-1.9m 5 8 2 0.3 3.8
1.9m-2m 6 7 2 0.2 5.1
2m-2.25m 7 7 0.2 6
2.25m-2.5m 8 3 0.1 16
2.5m-2.75m 3 1 0.5 0
2.75m-3m 6 2 0.1 18
3m-3.5m 3 0
3.5m-4m 1 0
4m-4.5m 2 1 1 0.1 12
4.5m-5m 2 0
5.01m-6m 2 0

Townhouses 24% 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
101k-125k 1 0.2 0
126k-150k 1 1 1 0.2 6
151k-175k 3 0.5 0
176k-200k 4 0
201k-225k 1 2 0.3 3
226k-250k 5 7 1 0.2 4.3
251k-275k 9 12 2 0.2 4.5
276k-300k 8 8 1 0.2 6
301k-325k 10 12 2 0.2 5
326k-350k 6 6 1 0.2 6
351k-375k 8 6 1 0.1 8
376k-400k 17 29 1 0.3 3.5
401k-425k 6 19 4 0.5 1.9
426k-450k 6 14 2 0.4 2.6
451k-475k 6 3 1 0.1 12
476k-500k 9 4 2 0.1 13.5
501k-550k 6 11 1 0.3 3.3
551k-600k 9 9 4 0.2 6
601k-650k 4 6 0.3 4
701k-750k 3 2 1 0.1 9
751k-800k 1 1 0.2 6
801k-850k 5 0.8 0
951k-1m 1 0.2 0
1.1m-1.2m 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
101k-125k 1 1 0.2 0
126k-150k 3 0.5 0
151k-175k 3 12 2 0.7 1.5
176k-200k 16 12 3 0.1 8
201k-225k 14 13 3 0.2 6.5
226k-250k 14 14 1 0.2 6
251k-275k 10 7 0.1 8.6
276k-300k 8 8 2 0.2 6
301k-325k 5 5 1 0.2 6
326k-350k 3 4 1 0.2 4.5
351k-375k 4 8 0.3 3
376k-400k 1 6 1 1 1
401k-425k 2 5 1 0.4 2.4
426k-450k 1 3 1 0.5 2
451k-475k 2 3 0.3 4
476k-500k 2 2 0.2 6
501k-550k 1 1 0.2 6
551k-600k 1 0
601k-650k 1 0

Land 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
1k-25k 1 0.2 0
26k-50k 2 0.3 0
51k-75k 2 0
76k-100k 6 3 1 0.1 12
101k-125k 3 0
126k-150k 4 1 0 24
151k-175k 3 1 0.1 18
176k-200k 1 1 0.2 6
201k-225k 1 0
226k-250k 2 0
251k-275k 7 2 0 21
276k-300k 5 0
301k-325k 1 0.2 0
326k-350k 1 0
351k-375k 1 0.2 0
376k-400k 2 1 0.1 12
401k-425k 1 0
451k-475k 1 0
476k-500k 3 2 1 0.1 9
501k-550k 3 1 0.1 18
551k-600k 1 0
601k-650k 1 0
651k-700k 2 0
701k-750k 1 1 0.2 0
801k-850k 2 0
1.1m-1.2m 1 0.2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0.2 0
2.25m-2.5m 2 0
2.5m-2.75m 1 0
2.75m-3m 2 0