Supply & Demand in Buckhead, Atlanta

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 18% 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
201k-225k 1 0
326k-350k 1 0
351k-375k 1 0
401k-425k 1 0
451k-475k 1 0.2 0
501k-550k 2 1 0.1 12
551k-600k 2 3 1 0.3 4
601k-650k 1 2 0.3 3
651k-700k 5 3 0.1 10
701k-750k 4 20 2 0.8 1.2
751k-800k 5 14 1 0.5 2.1
801k-850k 3 8 1 0.4 2.3
851k-900k 4 10 0.4 2.4
901k-950k 3 7 1 0.4 2.6
951k-1m 5 15 0.5 2
1m-1.1m 4 12 1 0.5 2
1.1m-1.2m 3 19 4 1.1 0.9
1.2m-1.3m 6 18 0.5 2
1.3m-1.4m 6 11 0.3 3.3
1.4m-1.5m 5 5 0.2 6
1.5m-1.6m 4 6 1 0.3 4
1.6m-1.7m 6 7 0.2 5.1
1.7m-1.8m 4 10 1 0.4 2.4
1.8m-1.9m 4 11 1 0.5 2.2
1.9m-2m 7 8 0.2 5.3
2m-2.25m 9 15 1 0.3 3.6
2.25m-2.5m 11 17 1 0.3 3.9
2.5m-2.75m 2 5 0.4 2.4
2.75m-3m 16 5 1 0.1 19.2
3m-3.5m 8 9 1 0.2 5.3
3.5m-4m 4 5 2 0.2 4.8
4m-4.5m 4 5 0.2 4.8
4.5m-5m 1 4 0.7 1.5
5.01m-6m 8 3 0.1 16
6.01m-7m 3 2 0.1 9
7.01m-8m 1 2 0.3 3
8.01m-9m 4 0
9.01m-10m 1 0
10.01m-11m 1 0
24.01m-25m 1 0

Townhouses 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
201k-225k 1 0
226k-250k 3 1 0.1 18
251k-275k 2 0
276k-300k 6 3 0.1 12
301k-325k 3 6 0.3 3
326k-350k 10 8 0.1 7.5
351k-375k 9 5 2 0.1 10.8
376k-400k 2 2 1 0.2 6
401k-425k 4 0.7 0
426k-450k 3 3 1 0.2 6
451k-475k 6 1 0 36
476k-500k 1 2 1 0.3 3
501k-550k 4 6 1 0.3 4
551k-600k 8 8 2 0.2 6
601k-650k 7 11 0.3 3.8
651k-700k 4 6 0.3 4
701k-750k 2 1 0.1 12
751k-800k 3 3 0.2 6
801k-850k 2 5 2 0.4 2.4
851k-900k 1 3 2 0.5 2
901k-950k 2 4 0.3 3
951k-1m 2 0.3 0
1m-1.1m 6 1 1 0 36
1.1m-1.2m 1 1 1 0.2 6
1.2m-1.3m 1 1 0.2 0
1.3m-1.4m 1 0.2 0
1.4m-1.5m 1 0.2 0
1.5m-1.6m 2 2 0.2 6
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 1 0
2.5m-2.75m 2 0
2.75m-3m 1 1 0.2 6
5.01m-6m 1 0

Condos 8% 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 2 0
101k-125k 2 0.3 0
126k-150k 12 11 2 0.2 6.5
151k-175k 24 14 2 0.1 10.3
176k-200k 34 18 4 0.1 11.3
201k-225k 21 21 1 0.2 6
226k-250k 44 22 2 0.1 12
251k-275k 53 24 2 0.1 13.3
276k-300k 55 34 2 0.1 9.7
301k-325k 27 20 1 0.1 8.1
326k-350k 23 19 1 0.1 7.3
351k-375k 19 16 1 0.1 7.1
376k-400k 21 10 1 0.1 12.6
401k-425k 16 6 0.1 16
426k-450k 13 6 0.1 13
451k-475k 8 6 0.1 8
476k-500k 12 7 1 0.1 10.3
501k-550k 7 9 1 0.2 4.7
551k-600k 13 11 1 0.1 7.1
601k-650k 8 3 0.1 16
651k-700k 6 5 0.1 7.2
701k-750k 3 9 0.5 2
751k-800k 4 3 0.1 8
801k-850k 3 1 0.1 18
851k-900k 3 3 1 0.2 6
901k-950k 1 5 0.8 1.2
951k-1m 2 1 0.1 12
1m-1.1m 5 5 0.2 6
1.1m-1.2m 3 4 1 0.2 4.5
1.2m-1.3m 5 1 0 30
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 4 3 0.1 8
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 3 1 0.1 18
1.7m-1.8m 3 2 1 0.1 9
1.8m-1.9m 1 0
1.9m-2m 3 2 1 0.1 9
2m-2.25m 3 0
2.25m-2.5m 6 0
2.5m-2.75m 4 3 0.1 8
2.75m-3m 2 0.3 0
3m-3.5m 4 2 0.1 12
3.5m-4m 3 1 0.1 18
4.5m-5m 2 1 0.1 12
5.01m-6m 3 0
6.01m-7m 1 0

Land 14% 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
376k-400k 1 1 0.2 6
426k-450k 1 0
476k-500k 1 0
501k-550k 1 0.2 0
551k-600k 1 0
651k-700k 1 0
701k-750k 1 0
751k-800k 1 0
801k-850k 1 1 1 0.2 6
851k-900k 1 0
901k-950k 1 0.2 0
1m-1.1m 1 0
1.2m-1.3m 1 0
1.6m-1.7m 2 0
1.9m-2m 1 1 0.2 6
2.25m-2.5m 1 1 0.2 6
2.75m-3m 3 0
3m-3.5m 1 0
3.5m-4m 1 1 1 0.2 6
4m-4.5m 2 0
5.01m-6m 1 1 0.2 6
8.01m-9m 1 0
10.01m-11m 1 0