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 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
126k-150k 1 0.2 0
151k-175k 1 0.2 0
176k-200k 3 5 0.3 3.6
201k-225k 2 11 0.9 1.1
226k-250k 3 15 0.8 1.2
251k-275k 6 20 1 0.6 1.8
276k-300k 6 26 2 0.7 1.4
301k-325k 17 42 6 0.4 2.4
326k-350k 23 64 9 0.5 2.2
351k-375k 22 67 5 0.5 2
376k-400k 41 96 16 0.4 2.6
401k-425k 38 66 8 0.3 3.5
426k-450k 18 83 10 0.8 1.3
451k-475k 27 45 5 0.3 3.6
476k-500k 39 60 7 0.3 3.9
501k-550k 48 107 14 0.4 2.7
551k-600k 38 85 9 0.4 2.7
601k-650k 31 80 10 0.4 2.3
651k-700k 40 68 8 0.3 3.5
701k-750k 28 56 5 0.3 3
751k-800k 23 36 3 0.3 3.8
801k-850k 13 39 3 0.5 2
851k-900k 14 28 3 0.3 3
901k-950k 11 14 1 0.2 4.7
951k-1m 15 10 0.1 9
1m-1.1m 5 26 2 0.9 1.2
1.1m-1.2m 13 23 3 0.3 3.4
1.2m-1.3m 9 16 0.3 3.4
1.3m-1.4m 8 10 1 0.2 4.8
1.4m-1.5m 2 6 3 0.5 2
1.5m-1.6m 4 2 0.1 12
1.6m-1.7m 4 4 0.2 6
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 4 2 1 0.1 12
1.9m-2m 2 6 0.5 2
2m-2.25m 5 6 0.2 5
2.25m-2.5m 6 4 0.1 9
2.5m-2.75m 1 3 0.5 2
2.75m-3m 3 1 1 0.1 18
3m-3.5m 2 0
3.5m-4m 4 0
4.5m-5m 1 0
5.01m-6m 1 0.2 0
6.01m-7m 2 0
7.01m-8m 1 0.2 0

Townhouses 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
76k-100k 1 0.2 0
101k-125k 1 1 0.2 0
151k-175k 1 2 0.3 3
176k-200k 6 1 1 0
201k-225k 2 0.3 0
226k-250k 2 9 0.8 1.3
251k-275k 4 9 1 0.4 2.7
276k-300k 6 14 1 0.4 2.6
301k-325k 6 14 2 0.4 2.6
326k-350k 6 9 0.3 4
351k-375k 1 8 1 1.3 0.8
376k-400k 13 26 2 0.3 3
401k-425k 18 19 4 0.2 5.7
426k-450k 8 8 0.2 6
451k-475k 3 2 0.1 9
476k-500k 2 3 0.3 4
501k-550k 6 7 1 0.2 5.1
551k-600k 5 6 1 0.2 5
601k-650k 5 5 0.2 6
651k-700k 2 0.3 0
701k-750k 4 2 0.1 12
751k-800k 2 0.3 0
801k-850k 1 2 0.3 3
851k-900k 2 0

Condos 13% 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 1 0.2 6
151k-175k 4 6 1 0.3 4
176k-200k 13 9 1 0.1 8.7
201k-225k 18 15 2 0.1 7.2
226k-250k 10 17 2 0.3 3.5
251k-275k 5 4 0.1 7.5
276k-300k 10 10 1 0.2 6
301k-325k 2 6 0.5 2
326k-350k 2 8 0.7 1.5
351k-375k 5 11 2 0.4 2.7
376k-400k 1 10 2 1.7 0.6
401k-425k 2 4 0.3 3
426k-450k 3 5 0.3 3.6
451k-475k 2 4 0.3 3
476k-500k 1 0
501k-550k 3 0
551k-600k 1 1 0.2 6
601k-650k 1 1 0.2 6

Land 13% 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 3 1 0.1 18
76k-100k 3 3 1 0.2 6
101k-125k 1 2 0.3 3
126k-150k 3 1 1 0.1 18
151k-175k 2 1 0.1 12
176k-200k 2 2 0.2 6
201k-225k 1 0
226k-250k 1 0.2 0
251k-275k 3 3 1 0.2 6
276k-300k 3 0
301k-325k 1 0
326k-350k 3 0
351k-375k 1 0
376k-400k 1 0
401k-425k 1 0
426k-450k 1 0
451k-475k 1 0
476k-500k 4 0
501k-550k 1 0
551k-600k 3 0
601k-650k 1 0
651k-700k 2 1 1 0.1 12
701k-750k 1 0
801k-850k 1 1 0.2 6
851k-900k 1 0
901k-950k 1 0
951k-1m 1 0
1m-1.1m 2 0
1.2m-1.3m 1 0.2 0
1.3m-1.4m 2 0
1.9m-2m 1 0
2.25m-2.5m 1 0.2 0
2.75m-3m 2 0
4m-4.5m 1 0