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
76k-100k 1 0
101k-125k 1 1 0.2 6
126k-150k 6 1 1 0
151k-175k 1 4 1 0.7 1.5
176k-200k 3 8 2 0.4 2.3
201k-225k 6 20 4 0.6 1.8
226k-250k 13 21 3 0.3 3.7
251k-275k 20 37 3 0.3 3.2
276k-300k 54 73 18 0.2 4.4
301k-325k 64 102 19 0.3 3.8
326k-350k 102 156 29 0.3 3.9
351k-375k 157 243 45 0.3 3.9
376k-400k 237 302 61 0.2 4.7
401k-425k 203 270 55 0.2 4.5
426k-450k 268 280 69 0.2 5.7
451k-475k 194 204 40 0.2 5.7
476k-500k 244 214 44 0.1 6.8
501k-550k 278 293 72 0.2 5.7
551k-600k 240 205 45 0.1 7
601k-650k 174 157 43 0.2 6.6
651k-700k 184 102 16 0.1 10.8
701k-750k 101 98 23 0.2 6.2
751k-800k 110 82 20 0.1 8
801k-850k 59 48 6 0.1 7.4
851k-900k 88 27 10 0.1 19.6
901k-950k 37 27 7 0.1 8.2
951k-1m 49 33 4 0.1 8.9
1m-1.1m 49 40 10 0.1 7.4
1.1m-1.2m 41 23 4 0.1 10.7
1.2m-1.3m 32 19 4 0.1 10.1
1.3m-1.4m 34 16 2 0.1 12.8
1.4m-1.5m 18 7 4 0.1 15.4
1.5m-1.6m 15 7 2 0.1 12.9
1.6m-1.7m 12 6 0.1 12
1.7m-1.8m 12 5 3 0.1 14.4
1.8m-1.9m 13 3 2 0 26
1.9m-2m 12 5 3 0.1 14.4
2m-2.25m 18 5 2 0 21.6
2.25m-2.5m 15 4 2 0 22.5
2.5m-2.75m 8 2 1 0 24
2.75m-3m 10 1 0 60
3m-3.5m 4 1 1 0 24
3.5m-4m 9 2 0 27
4m-4.5m 2 0
5.01m-6m 1 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
101k-125k 1 0.2 0
126k-150k 1 0.2 0
151k-175k 2 0.3 0
176k-200k 11 14 2 0.2 4.7
201k-225k 14 13 7 0.2 6.5
226k-250k 40 23 5 0.1 10.4
251k-275k 44 20 4 0.1 13.2
276k-300k 59 34 5 0.1 10.4
301k-325k 60 51 12 0.1 7.1
326k-350k 61 40 5 0.1 9.2
351k-375k 68 39 9 0.1 10.5
376k-400k 72 36 9 0.1 12
401k-425k 63 26 3 0.1 14.5
426k-450k 40 15 3 0.1 16
451k-475k 17 14 1 0.1 7.3
476k-500k 40 11 2 0 21.8
501k-550k 43 16 1 0.1 16.1
551k-600k 21 6 1 0 21
601k-650k 12 11 2 0.2 6.5
651k-700k 5 2 0.1 15
701k-750k 6 5 3 0.1 7.2
801k-850k 2 2 1 0.2 6
851k-900k 1 0
901k-950k 1 0
951k-1m 2 2 0.2 6
1m-1.1m 1 1 0.2 6
1.1m-1.2m 3 1 1 0.1 18
1.3m-1.4m 1 1 0.2 0
1.8m-1.9m 1 0.2 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 5 2 0.1 15
101k-125k 6 7 1 0.2 5.1
126k-150k 28 10 3 0.1 16.8
151k-175k 38 9 3 0 25.3
176k-200k 40 9 1 0 26.7
201k-225k 25 13 3 0.1 11.5
226k-250k 36 10 0 21.6
251k-275k 47 22 5 0.1 12.8
276k-300k 50 26 5 0.1 11.5
301k-325k 36 14 4 0.1 15.4
326k-350k 21 9 2 0.1 14
351k-375k 10 5 0.1 12
376k-400k 20 7 3 0.1 17.1
401k-425k 6 1 0 36
426k-450k 5 1 1 0 30
476k-500k 1 3 2 0.5 2
501k-550k 6 2 0.1 18
551k-600k 2 0
601k-650k 1 1 0.2 6
651k-700k 2 0
701k-750k 1 2 1 0.3 3
751k-800k 2 0
801k-850k 1 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 1 1 0.2 6
51k-75k 6 2 0.1 18
76k-100k 31 1 0 186
101k-125k 17 1 1 0 102
126k-150k 29 2 0 87
151k-175k 13 2 1 0 39
176k-200k 21 1 0 126
201k-225k 16 0
226k-250k 15 2 1 0 45
251k-275k 7 0
276k-300k 15 5 0.1 18
301k-325k 12 3 0 24
326k-350k 8 3 0.1 16
351k-375k 13 2 1 0 39
376k-400k 26 1 0 156
401k-425k 5 2 1 0.1 15
426k-450k 4 0
451k-475k 5 0
476k-500k 10 2 0 30
501k-550k 4 2 0.1 12
551k-600k 4 1 0 24
601k-650k 8 0
651k-700k 4 1 0 24
701k-750k 2 0
751k-800k 7 0
801k-850k 3 0
851k-900k 3 0
901k-950k 3 0
951k-1m 5 0
1m-1.1m 1 0
1.1m-1.2m 4 0
1.2m-1.3m 2 0
1.3m-1.4m 5 0
1.4m-1.5m 4 1 0 24
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