Supply & Demand in Colorado Springs, CO

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 0% 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 1 1 0.2 6
101k-125k 1 0.2 0
126k-150k 1 0.2 0
151k-175k 3 0.5 0
176k-200k 1 12 1 2 0.5
201k-225k 12 22 6 0.3 3.3
226k-250k 8 15 7 0.3 3.2
251k-275k 17 23 5 0.2 4.4
276k-300k 47 64 14 0.2 4.4
301k-325k 52 88 17 0.3 3.5
326k-350k 91 153 28 0.3 3.6
351k-375k 131 245 40 0.3 3.2
376k-400k 235 325 53 0.2 4.3
401k-425k 191 361 51 0.3 3.2
426k-450k 259 351 58 0.2 4.4
451k-475k 175 308 42 0.3 3.4
476k-500k 201 291 36 0.2 4.1
501k-550k 263 460 58 0.3 3.4
551k-600k 235 283 37 0.2 5
601k-650k 152 251 40 0.3 3.6
651k-700k 152 189 23 0.2 4.8
701k-750k 103 147 24 0.2 4.2
751k-800k 107 108 11 0.2 5.9
801k-850k 70 76 6 0.2 5.5
851k-900k 56 73 9 0.2 4.6
901k-950k 36 43 3 0.2 5
951k-1m 49 51 10 0.2 5.8
1m-1.1m 37 50 7 0.2 4.4
1.1m-1.2m 45 56 6 0.2 4.8
1.2m-1.3m 25 38 6 0.3 3.9
1.3m-1.4m 27 19 3 0.1 8.5
1.4m-1.5m 19 13 0.1 8.8
1.5m-1.6m 16 9 0.1 10.7
1.6m-1.7m 13 8 2 0.1 9.8
1.7m-1.8m 10 5 0.1 12
1.8m-1.9m 7 6 0.1 7
1.9m-2m 9 5 1 0.1 10.8
2m-2.25m 16 9 3 0.1 10.7
2.25m-2.5m 15 6 2 0.1 15
2.5m-2.75m 5 3 0.1 10
2.75m-3m 7 5 2 0.1 8.4
3m-3.5m 3 4 1 0.2 4.5
3.5m-4m 5 5 0.2 6
4m-4.5m 3 1 0.1 18
5.01m-6m 1 1 0.2 6
6.01m-7m 1 0
7.01m-8m 1 0

Townhouses 0% 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
51k-75k 2 0
126k-150k 1 0.2 0
176k-200k 5 3 1 0.1 10
201k-225k 16 27 4 0.3 3.6
226k-250k 31 35 11 0.2 5.3
251k-275k 30 26 2 0.1 6.9
276k-300k 52 41 7 0.1 7.6
301k-325k 48 54 9 0.2 5.3
326k-350k 45 56 10 0.2 4.8
351k-375k 56 59 9 0.2 5.7
376k-400k 57 59 7 0.2 5.8
401k-425k 42 51 7 0.2 4.9
426k-450k 41 42 5 0.2 5.9
451k-475k 18 38 5 0.4 2.8
476k-500k 23 30 4 0.2 4.6
501k-550k 37 33 5 0.1 6.7
551k-600k 21 9 1 0.1 14
601k-650k 12 11 1 0.2 6.5
651k-700k 3 8 1 0.4 2.3
701k-750k 3 7 1 0.4 2.6
751k-800k 1 3 0.5 2
801k-850k 6 0
851k-900k 1 0
901k-950k 1 0.2 0
951k-1m 2 0.3 0
1m-1.1m 1 0.2 0
1.1m-1.2m 3 1 0.1 18
1.2m-1.3m 1 2 0.3 3
1.4m-1.5m 1 0.2 0
1.5m-1.6m 1 0.2 0
1.6m-1.7m 1 0.2 0
1.8m-1.9m 1 0.2 0
1.9m-2m 1 0
2.25m-2.5m 1 0

Condos 0% 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 3 0.5 0
101k-125k 5 3 1 0.1 10
126k-150k 10 2 1 0 30
151k-175k 37 17 5 0.1 13.1
176k-200k 23 18 3 0.1 7.7
201k-225k 20 19 3 0.2 6.3
226k-250k 34 18 5 0.1 11.3
251k-275k 25 23 3 0.2 6.5
276k-300k 44 31 5 0.1 8.5
301k-325k 26 19 4 0.1 8.2
326k-350k 27 10 2 0.1 16.2
351k-375k 14 3 1 0 28
376k-400k 13 5 1 0.1 15.6
401k-425k 6 1 0 36
426k-450k 4 4 0.2 6
451k-475k 1 3 1 0.5 2
476k-500k 1 1 0.2 6
501k-550k 1 0
551k-600k 2 3 0.3 4
601k-650k 1 0
651k-700k 1 0
701k-750k 1 0.2 0
751k-800k 1 1 0.2 6
2.75m-3m 1 0.2 0

Land 0% 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 0
26k-50k 1 0.2 0
51k-75k 5 2 0.1 15
76k-100k 20 5 0 24
101k-125k 19 3 0 38
126k-150k 18 4 0 27
151k-175k 11 1 0 66
176k-200k 22 6 0 22
201k-225k 12 1 1 0 72
226k-250k 8 6 2 0.1 8
251k-275k 7 4 0.1 10.5
276k-300k 17 4 0 25.5
301k-325k 9 3 0.1 18
326k-350k 11 2 2 0 33
351k-375k 13 2 1 0 39
376k-400k 19 3 1 0 38
401k-425k 6 2 0.1 18
426k-450k 2 2 1 0.2 6
451k-475k 1 1 0.2 6
476k-500k 8 1 0 48
501k-550k 3 2 0.1 9
551k-600k 3 2 0.1 9
601k-650k 8 2 0 24
651k-700k 5 1 0 30
701k-750k 2 1 0.1 12
751k-800k 4 0
801k-850k 1 0
851k-900k 2 0
901k-950k 5 0
951k-1m 5 0
1m-1.1m 1 0
1.1m-1.2m 4 0
1.2m-1.3m 1 1 0.2 6
1.3m-1.4m 2 0
1.4m-1.5m 6 0
1.5m-1.6m 2 0
2m-2.25m 1 0
5.01m-6m 1 0
9.01m-10m 1 0