Metro Atlanta Home Absorbtion Rate for Sept. 1, 2009
Here are some metro Atlanta real estate inventory numbers as of today. It covers Buckhead Real Estate, Dunwoody Real Estate and Sandy Springs Real Estate. It’s a 12 month moving average. If you look at the past rates, I think you’ll find that some areas have improving absorbtion rates and others are getting worse. I wouldn’t put too much analysis into the categories with less than 50 homes, as one or two sales can have a big effect on the absorbtion rate. It’s just another tool when it comes to evaluating the Atlanta market. At the very least, if you’re...
Read MoreWhat is the Absorption Rate?
I’m going to start including Buckhead, Sandy Springs and Dunwoody market data on this blog. I think an appropriate way to begin is with an explanation of what the absorption rate is, how it’s calculated and why it’s important. The absorption rate is often misunderstood by consumers and agents. Rather than reinvent the wheel, the following is an excerpt from an article I found that does a great job explaining the absorption rate. The only thing I would add is in the higher price ranges, homes can take longer to sell, so I’m not sure if an absorption rate of seven...
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