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 27% 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
326k-350k 2 1 0.1 12
476k-500k 1 1 0.2 0
501k-550k 2 3 0.3 4
551k-600k 3 0.5 0
601k-650k 1 4 0.7 1.5
651k-700k 7 7 1 0.2 6
701k-750k 1 10 1.7 0.6
751k-800k 3 9 0.5 2
801k-850k 2 8 0.7 1.5
851k-900k 2 8 2 0.7 1.5
901k-950k 4 7 2 0.3 3.4
951k-1m 1 7 1.2 0.9
1m-1.1m 3 9 2 0.5 2
1.1m-1.2m 4 16 3 0.7 1.5
1.2m-1.3m 3 14 2 0.8 1.3
1.3m-1.4m 1 11 2 1.8 0.5
1.4m-1.5m 5 10 3 0.3 3
1.5m-1.6m 6 6 1 0.2 6
1.6m-1.7m 4 5 0.2 4.8
1.7m-1.8m 4 5 0.2 4.8
1.8m-1.9m 3 9 4 0.5 2
1.9m-2m 6 6 1 0.2 6
2m-2.25m 7 15 2 0.4 2.8
2.25m-2.5m 5 11 1 0.4 2.7
2.5m-2.75m 2 6 2 0.5 2
2.75m-3m 11 5 0.1 13.2
3m-3.5m 7 7 2 0.2 6
3.5m-4m 3 6 2 0.3 3
4m-4.5m 8 5 2 0.1 9.6
4.5m-5m 1 4 0.7 1.5
5.01m-6m 10 4 1 0.1 15
6.01m-7m 5 3 0.1 10
7.01m-8m 1 2 0.3 3
8.01m-9m 1 1 0.2 6
10.01m-11m 1 0
24.01m-25m 1 0

Townhouses 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
151k-175k 1 0
176k-200k 1 0.2 0
226k-250k 2 3 0.3 4
251k-275k 2 1 1 0.1 12
276k-300k 3 2 0.1 9
301k-325k 6 1 0 36
326k-350k 10 6 1 0.1 10
351k-375k 8 4 0.1 12
376k-400k 2 0.3 0
401k-425k 1 0.2 0
426k-450k 5 3 1 0.1 10
451k-475k 2 1 0.1 12
476k-500k 1 4 0.7 1.5
501k-550k 5 7 1 0.2 4.3
551k-600k 8 13 2 0.3 3.7
601k-650k 4 3 1 0.1 8
651k-700k 3 6 2 0.3 3
701k-750k 3 4 1 0.2 4.5
751k-800k 2 2 1 0.2 6
801k-850k 4 8 1 0.3 3
851k-900k 2 3 0.3 4
901k-950k 3 4 0.2 4.5
951k-1m 2 3 0.3 4
1m-1.1m 3 2 0.1 9
1.1m-1.2m 3 1 0.1 18
1.2m-1.3m 2 1 1 0.1 12
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 1 1 0.2 6
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 1 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2.5m-2.75m 1 2 0.3 3
2.75m-3m 2 1 0.3 0
3.5m-4m 1 0
5.01m-6m 1 0

Condos 9% 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 1 0.3 0
101k-125k 2 0.3 0
126k-150k 12 14 3 0.2 5.1
151k-175k 23 14 0.1 9.9
176k-200k 31 9 1 0 20.7
201k-225k 23 14 2 0.1 9.9
226k-250k 47 19 4 0.1 14.8
251k-275k 51 30 4 0.1 10.2
276k-300k 54 25 4 0.1 13
301k-325k 31 11 0.1 16.9
326k-350k 28 12 1 0.1 14
351k-375k 14 13 1 0.2 6.5
376k-400k 22 6 2 0 22
401k-425k 14 8 2 0.1 10.5
426k-450k 15 5 3 0.1 18
451k-475k 7 5 0.1 8.4
476k-500k 13 6 1 0.1 13
501k-550k 11 11 1 0.2 6
551k-600k 13 4 0.1 19.5
601k-650k 8 1 0 48
651k-700k 5 3 0.1 10
701k-750k 5 4 1 0.1 7.5
751k-800k 7 2 1 0 21
801k-850k 1 1 0.2 6
851k-900k 3 2 0.1 9
901k-950k 3 1 0.1 18
951k-1m 8 3 1 0.1 16
1m-1.1m 4 5 1 0.2 4.8
1.1m-1.2m 2 2 1 0.2 6
1.2m-1.3m 5 2 1 0.1 15
1.3m-1.4m 6 2 0.1 18
1.4m-1.5m 4 2 1 0.1 12
1.5m-1.6m 1 0
1.6m-1.7m 3 2 0.1 9
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 3 1 0.1 18
1.9m-2m 6 1 0 36
2m-2.25m 1 1 0.2 6
2.25m-2.5m 7 0
2.5m-2.75m 8 2 0 24
2.75m-3m 3 1 0.5 0
3m-3.5m 2 3 1 0.3 4
3.5m-4m 2 1 0.1 12
4m-4.5m 1 0
4.5m-5m 1 1 0.2 6
5.01m-6m 3 0
6.01m-7m 2 0
9.01m-10m 1 0

Land 4% 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
476k-500k 1 0
501k-550k 1 0.2 0
551k-600k 1 0
601k-650k 1 0
701k-750k 1 0
751k-800k 1 0
801k-850k 2 1 0.1 12
851k-900k 1 0
951k-1m 2 0.3 0
1m-1.1m 2 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0.2 0
1.4m-1.5m 1 1 0.2 0
1.6m-1.7m 1 0
1.9m-2m 2 1 0.1 12
2m-2.25m 2 0.3 0
2.75m-3m 2 0
3m-3.5m 2 0
3.5m-4m 1 1 0.2 6
4m-4.5m 1 0
5.01m-6m 2 1 0.1 12
8.01m-9m 1 0
10.01m-11m 1 0