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
26k-50k 1 0
51k-75k 1 0.2 0
76k-100k 1 0
101k-125k 1 0.2 0
126k-150k 1 5 0.8 1.2
151k-175k 2 4 0.3 3
176k-200k 2 9 1 0.8 1.3
201k-225k 7 15 5 0.4 2.8
226k-250k 9 23 5 0.4 2.3
251k-275k 16 37 6 0.4 2.6
276k-300k 44 69 13 0.3 3.8
301k-325k 65 105 14 0.3 3.7
326k-350k 94 157 29 0.3 3.6
351k-375k 126 243 29 0.3 3.1
376k-400k 213 290 51 0.2 4.4
401k-425k 191 280 49 0.2 4.1
426k-450k 240 266 34 0.2 5.4
451k-475k 177 216 24 0.2 4.9
476k-500k 214 204 23 0.2 6.3
501k-550k 286 267 39 0.2 6.4
551k-600k 197 210 25 0.2 5.6
601k-650k 157 158 22 0.2 6
651k-700k 153 115 21 0.1 8
701k-750k 96 93 13 0.2 6.2
751k-800k 104 78 12 0.1 8
801k-850k 51 50 8 0.2 6.1
851k-900k 77 31 2 0.1 14.9
901k-950k 35 22 2 0.1 9.5
951k-1m 44 38 5 0.1 6.9
1m-1.1m 28 40 3 0.2 4.2
1.1m-1.2m 32 27 7 0.1 7.1
1.2m-1.3m 27 14 2 0.1 11.6
1.3m-1.4m 22 12 2 0.1 11
1.4m-1.5m 15 3 0 30
1.5m-1.6m 16 7 1 0.1 13.7
1.6m-1.7m 12 6 1 0.1 12
1.7m-1.8m 11 3 0 22
1.8m-1.9m 10 1 0 60
1.9m-2m 11 3 0 22
2m-2.25m 17 4 0 25.5
2.25m-2.5m 14 6 0.1 14
2.5m-2.75m 6 1 1 0 36
2.75m-3m 8 2 0 24
3m-3.5m 4 0
3.5m-4m 6 6 0.2 6
4m-4.5m 3 0
6.01m-7m 1 0
7.01m-8m 1 0

Townhouses % 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 1 0
126k-150k 1 0.2 0
151k-175k 2 0.3 0
176k-200k 9 11 5 0.2 4.9
201k-225k 20 8 1 0.1 15
226k-250k 34 29 1 0.1 7
251k-275k 37 25 2 0.1 8.9
276k-300k 50 34 3 0.1 8.8
301k-325k 51 44 8 0.1 7
326k-350k 55 41 9 0.1 8
351k-375k 52 42 6 0.1 7.4
376k-400k 58 38 2 0.1 9.2
401k-425k 50 34 2 0.1 8.8
426k-450k 40 14 1 0.1 17.1
451k-475k 20 17 3 0.1 7.1
476k-500k 23 15 2 0.1 9.2
501k-550k 32 19 3 0.1 10.1
551k-600k 23 7 1 0.1 19.7
601k-650k 10 10 1 0.2 6
651k-700k 5 3 1 0.1 10
701k-750k 4 4 1 0.2 6
801k-850k 2 2 1 0.2 6
851k-900k 1 1 0.2 6
901k-950k 1 1 0.2 6
951k-1m 2 2 0.2 6
1m-1.1m 2 0.3 0
1.1m-1.2m 2 0
1.2m-1.3m 2 0
1.8m-1.9m 1 1 0.2 0
2.25m-2.5m 2 0.3 0

Condos % 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 1 0.1 18
101k-125k 4 6 1 0.3 4
126k-150k 28 7 1 0 24
151k-175k 42 13 0.1 19.4
176k-200k 35 14 1 0.1 15
201k-225k 24 15 1 0.1 9.6
226k-250k 31 17 1 0.1 10.9
251k-275k 38 19 2 0.1 12
276k-300k 42 25 1 0.1 10.1
301k-325k 35 12 2 0.1 17.5
326k-350k 23 8 2 0.1 17.3
351k-375k 10 6 2 0.1 10
376k-400k 12 4 1 0.1 18
401k-425k 11 1 0 66
426k-450k 3 0
451k-475k 2 1 0.1 12
476k-500k 3 0.5 0
501k-550k 2 4 0.3 3
551k-600k 2 0
601k-650k 1 1 0.2 6
701k-750k 1 0
751k-800k 2 0
1.5m-1.6m 1 0
3m-3.5m 1 0.2 0
3.5m-4m 1 0.2 0

Land % 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
26k-50k 1 2 0.3 3
51k-75k 4 4 1 0.2 6
76k-100k 26 2 0 78
101k-125k 18 0
126k-150k 24 3 1 0 48
151k-175k 10 0
176k-200k 24 1 0 144
201k-225k 12 0
226k-250k 9 3 0.1 18
251k-275k 11 0
276k-300k 15 5 0.1 18
301k-325k 13 3 0 26
326k-350k 7 4 1 0.1 10.5
351k-375k 14 2 0 42
376k-400k 22 4 0 33
401k-425k 8 4 0.1 12
426k-450k 1 1 0.2 6
451k-475k 4 0
476k-500k 10 1 0 60
501k-550k 4 2 1 0.1 12
551k-600k 3 2 0.1 9
601k-650k 9 0
651k-700k 4 2 0.1 12
701k-750k 1 1 0.2 6
751k-800k 7 0
801k-850k 2 0
851k-900k 3 1 0.1 18
901k-950k 4 0
951k-1m 4 0
1m-1.1m 1 0
1.1m-1.2m 4 0
1.2m-1.3m 2 0
1.3m-1.4m 3 0
1.4m-1.5m 6 1 1 0 36
1.5m-1.6m 2 0
1.6m-1.7m 1 0
2m-2.25m 1 0
5.01m-6m 1 0
9.01m-10m 1 0
11.01m-12m 1 0