Supply & Demand in Woodstock, 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
201k-225k 1 0.2 0
226k-250k 1 0.2 0
251k-275k 9 3 1.5 0
276k-300k 5 13 2 0.4 2.3
301k-325k 4 23 4 1 1
326k-350k 13 33 0.4 2.4
351k-375k 8 32 4 0.7 1.5
376k-400k 18 47 9 0.4 2.3
401k-425k 21 43 4 0.3 2.9
426k-450k 20 42 6 0.4 2.9
451k-475k 11 28 1 0.4 2.4
476k-500k 9 35 8 0.6 1.5
501k-550k 23 64 8 0.5 2.2
551k-600k 20 35 5 0.3 3.4
601k-650k 16 33 7 0.3 2.9
651k-700k 13 25 2 0.3 3.1
701k-750k 10 22 6 0.4 2.7
751k-800k 15 17 0.2 5.3
801k-850k 6 14 1 0.4 2.6
851k-900k 11 17 2 0.3 3.9
901k-950k 3 9 1 0.5 2
951k-1m 8 7 2 0.1 6.9
1m-1.1m 8 7 1 0.1 6.9
1.1m-1.2m 3 5 1 0.3 3.6
1.2m-1.3m 3 6 0.3 3
1.3m-1.4m 9 2 1 0 27
1.4m-1.5m 3 3 0.2 6
1.5m-1.6m 1 1 0.2 6
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 3 0
1.8m-1.9m 1 0
1.9m-2m 1 1 0.2 6

Townhouses 16% 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
226k-250k 1 0
251k-275k 2 4 0.3 3
276k-300k 1 2 1 0.3 3
301k-325k 5 1 0 30
326k-350k 5 15 1 0.5 2
351k-375k 5 6 1 0.2 5
376k-400k 9 18 5 0.3 3
401k-425k 10 13 3 0.2 4.6
426k-450k 7 9 0.2 4.7
451k-475k 3 7 1 0.4 2.6
476k-500k 2 4 1 0.3 3
501k-550k 8 7 0.1 6.9
551k-600k 7 3 0.1 14
601k-650k 4 1 0 24
651k-700k 1 5 0.8 1.2
701k-750k 1 3 0.5 2
751k-800k 2 4 0.3 3
801k-850k 1 2 0.3 3
851k-900k 2 0
901k-950k 1 0
1m-1.1m 1 1 0.2 6

Condos 29% 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
251k-275k 1 0.2 0
276k-300k 1 1 0.2 6
301k-325k 1 1 0.2 0
326k-350k 1 0
351k-375k 1 0
376k-400k 1 2 1 0.3 3
401k-425k 3 5 1 0.3 3.6
426k-450k 3 0.5 0
451k-475k 1 0.2 0
476k-500k 2 0.3 0
501k-550k 3 1 0.1 18
551k-600k 2 1 0.1 12
1.1m-1.2m 1 1 0.2 6
1.3m-1.4m 1 0.2 0
1.4m-1.5m 1 0
2.5m-2.75m 1 0

Land 10% 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 1 0.2 6
51k-75k 2 1 0.1 12
76k-100k 2 2 1 0.2 6
126k-150k 4 0
176k-200k 1 0
226k-250k 2 1 0.3 0
251k-275k 3 0
276k-300k 1 0
326k-350k 1 0
351k-375k 3 0
501k-550k 1 0
551k-600k 1 1 0.2 6
651k-700k 1 0.2 0
801k-850k 1 0
901k-950k 1 0.2 0
1.9m-2m 1 0
2.25m-2.5m 3 0
2.5m-2.75m 1 0
2.75m-3m 1 0
5.01m-6m 1 0