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 1 0.2 0
251k-275k 2 5 1 0.4 2.4
276k-300k 2 9 1 0.8 1.3
301k-325k 4 23 5 1 1
326k-350k 13 24 3 0.3 3.3
351k-375k 17 45 4 0.4 2.3
376k-400k 20 55 8 0.5 2.2
401k-425k 12 51 10 0.7 1.4
426k-450k 24 56 10 0.4 2.6
451k-475k 17 42 2 0.4 2.4
476k-500k 17 35 1 0.3 2.9
501k-550k 31 67 9 0.4 2.8
551k-600k 26 49 10 0.3 3.2
601k-650k 24 53 5 0.4 2.7
651k-700k 18 34 2 0.3 3.2
701k-750k 18 39 5 0.4 2.8
751k-800k 12 22 1 0.3 3.3
801k-850k 6 21 3 0.6 1.7
851k-900k 9 20 5 0.4 2.7
901k-950k 10 14 1 0.2 4.3
951k-1m 9 8 0.1 6.8
1m-1.1m 9 7 0.1 7.7
1.1m-1.2m 4 8 0.3 3
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 7 2 1 0 21
1.4m-1.5m 3 2 0.1 9
1.5m-1.6m 2 0
1.6m-1.7m 2 0
1.7m-1.8m 2 0.3 0
1.8m-1.9m 2 0
2.75m-3m 1 0

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
251k-275k 3 1 0.5 0
276k-300k 2 6 0.5 2
301k-325k 3 0.5 0
326k-350k 12 12 1 0.2 6
351k-375k 9 7 2 0.1 7.7
376k-400k 11 14 3 0.2 4.7
401k-425k 11 10 2 0.2 6.6
426k-450k 16 5 0.1 19.2
451k-475k 11 6 0.1 11
476k-500k 6 5 0.1 7.2
501k-550k 10 9 4 0.2 6.7
551k-600k 5 8 1 0.3 3.8
601k-650k 3 4 0.2 4.5
651k-700k 3 6 1 0.3 3
701k-750k 1 2 0.3 3
751k-800k 1 4 2 0.7 1.5
801k-850k 1 2 0.3 3
851k-900k 3 2 0.1 9
901k-950k 1 0
1m-1.1m 1 0

Condos 17% 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 0
326k-350k 3 1 0.5 0
376k-400k 1 2 0.3 3
401k-425k 2 1 0.3 0
426k-450k 6 0
451k-475k 1 0.2 0
476k-500k 1 0
501k-550k 3 2 0.1 9
551k-600k 1 0
601k-650k 1 0
751k-800k 1 0
851k-900k 1 0.2 0
951k-1m 1 0
1.1m-1.2m 1 0.2 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
2.75m-3m 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 0
26k-50k 1 2 0.3 3
51k-75k 1 0.2 0
76k-100k 1 1 0.2 6
101k-125k 2 0.3 0
151k-175k 1 0.2 0
226k-250k 3 0.5 0
251k-275k 1 0
276k-300k 1 0
301k-325k 1 0
376k-400k 1 0
426k-450k 2 0
501k-550k 1 0.2 0
551k-600k 1 0.2 0
801k-850k 1 0
951k-1m 1 0
1m-1.1m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
2.75m-3m 1 0
4.5m-5m 1 0
5.01m-6m 1 0