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 1 0.2 6
126k-150k 2 0.3 0
151k-175k 3 0.5 0
176k-200k 3 10 1 0.6 1.8
201k-225k 5 11 4 0.4 2.7
226k-250k 1 12 2 2 0.5
251k-275k 4 22 2 0.9 1.1
276k-300k 18 50 9 0.5 2.2
301k-325k 28 101 14 0.6 1.7
326k-350k 46 133 30 0.5 2.1
351k-375k 65 232 50 0.6 1.7
376k-400k 82 268 62 0.5 1.8
401k-425k 94 270 58 0.5 2.1
426k-450k 120 300 43 0.4 2.4
451k-475k 110 240 52 0.4 2.8
476k-500k 124 215 43 0.3 3.5
501k-550k 169 338 65 0.3 3
551k-600k 106 228 45 0.4 2.8
601k-650k 90 165 32 0.3 3.3
651k-700k 84 134 36 0.3 3.8
701k-750k 71 107 17 0.3 4
751k-800k 55 80 14 0.2 4.1
801k-850k 42 50 9 0.2 5
851k-900k 33 44 12 0.2 4.5
901k-950k 21 35 8 0.3 3.6
951k-1m 24 24 2 0.2 6
1m-1.1m 23 36 6 0.3 3.8
1.1m-1.2m 33 30 8 0.2 6.6
1.2m-1.3m 16 22 4 0.2 4.4
1.3m-1.4m 12 12 2 0.2 6
1.4m-1.5m 11 12 0.2 5.5
1.5m-1.6m 10 8 1 0.1 7.5
1.6m-1.7m 7 8 2 0.2 5.3
1.7m-1.8m 3 4 0.2 4.5
1.8m-1.9m 7 2 1 0 21
1.9m-2m 4 3 1 0.1 8
2m-2.25m 8 2 0 24
2.25m-2.5m 8 7 1 0.1 6.9
2.5m-2.75m 3 3 1 0.2 6
2.75m-3m 4 3 0.1 8
3m-3.5m 6 0
3.5m-4m 4 3 2 0.1 8
4m-4.5m 4 1 0 24
4.5m-5m 1 0
5.01m-6m 1 0.2 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
151k-175k 3 0.5 0
176k-200k 1 1 0.2 0
201k-225k 7 14 5 0.3 3
226k-250k 15 27 8 0.3 3.3
251k-275k 24 28 5 0.2 5.1
276k-300k 23 35 6 0.3 3.9
301k-325k 22 50 8 0.4 2.6
326k-350k 26 50 9 0.3 3.1
351k-375k 22 36 9 0.3 3.7
376k-400k 36 53 13 0.2 4.1
401k-425k 22 42 9 0.3 3.1
426k-450k 35 40 5 0.2 5.3
451k-475k 14 18 5 0.2 4.7
476k-500k 19 26 4 0.2 4.4
501k-550k 21 17 2 0.1 7.4
551k-600k 18 9 3 0.1 12
601k-650k 12 14 4 0.2 5.1
651k-700k 2 6 1 0.5 2
701k-750k 5 5 1 0.2 6
751k-800k 1 1 0.2 6
801k-850k 2 0
851k-900k 1 2 0.3 3
951k-1m 3 1 0.5 0
1m-1.1m 1 2 0.3 3
1.1m-1.2m 1 0
1.2m-1.3m 1 1 0.2 0
1.6m-1.7m 1 1 0.2 0
1.8m-1.9m 1 1 0.2 0
2.25m-2.5m 2 1 0.1 12

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
101k-125k 1 6 1 1 1
126k-150k 6 3 1 0.1 12
151k-175k 10 20 5 0.3 3
176k-200k 13 12 0.2 6.5
201k-225k 13 10 3 0.1 7.8
226k-250k 23 24 5 0.2 5.8
251k-275k 32 12 3 0.1 16
276k-300k 26 14 4 0.1 11.1
301k-325k 19 16 1 0.1 7.1
326k-350k 11 19 1 0.3 3.5
351k-375k 13 4 0.1 19.5
376k-400k 8 0
401k-425k 4 3 0.1 8
426k-450k 4 3 2 0.1 8
451k-475k 4 2 1 0.1 12
476k-500k 1 0.2 0
551k-600k 2 1 0.1 12
601k-650k 4 1 0 24
651k-700k 1 0.2 0
751k-800k 1 0
801k-850k 1 0
851k-900k 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
26k-50k 4 0.7 0
51k-75k 3 0
76k-100k 12 1 0 72
101k-125k 7 3 0.1 14
126k-150k 11 1 0 66
151k-175k 6 3 0.1 12
176k-200k 17 6 1 0.1 17
201k-225k 11 3 1 0 22
226k-250k 4 0
251k-275k 4 1 0 24
276k-300k 11 5 1 0.1 13.2
301k-325k 9 3 0.1 18
326k-350k 10 2 0 30
351k-375k 8 2 0 24
376k-400k 11 4 2 0.1 16.5
401k-425k 5 1 0 30
426k-450k 3 2 0.1 9
451k-475k 2 1 0.1 12
476k-500k 8 0
501k-550k 3 0
551k-600k 1 4 1 0.7 1.5
601k-650k 7 1 0 42
651k-700k 2 2 0.2 6
701k-750k 1 0
751k-800k 1 0
801k-850k 1 0
851k-900k 1 3 0.5 2
901k-950k 3 0
951k-1m 1 0
1.1m-1.2m 4 0
1.2m-1.3m 2 1 0.3 0
1.3m-1.4m 1 0
1.4m-1.5m 4 0
1.5m-1.6m 1 0
1.7m-1.8m 1 1 0.2 6
2m-2.25m 1 0
12.01m-13m 1 0