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 2 0.5 0
176k-200k 2 12 2 1 1
201k-225k 11 17 2 0.3 3.9
226k-250k 7 13 5 0.3 3.2
251k-275k 14 24 5 0.3 3.5
276k-300k 47 56 14 0.2 5
301k-325k 47 83 8 0.3 3.4
326k-350k 82 149 25 0.3 3.3
351k-375k 127 247 44 0.3 3.1
376k-400k 215 319 50 0.2 4
401k-425k 192 348 61 0.3 3.3
426k-450k 232 344 59 0.2 4
451k-475k 183 311 51 0.3 3.5
476k-500k 204 286 47 0.2 4.3
501k-550k 245 456 61 0.3 3.2
551k-600k 225 285 49 0.2 4.7
601k-650k 179 232 30 0.2 4.6
651k-700k 147 191 42 0.2 4.6
701k-750k 111 132 17 0.2 5
751k-800k 95 112 27 0.2 5.1
801k-850k 72 77 10 0.2 5.6
851k-900k 59 73 9 0.2 4.8
901k-950k 35 42 8 0.2 5
951k-1m 52 44 12 0.1 7.1
1m-1.1m 36 52 11 0.2 4.2
1.1m-1.2m 47 51 7 0.2 5.5
1.2m-1.3m 26 37 6 0.2 4.2
1.3m-1.4m 26 20 5 0.1 7.8
1.4m-1.5m 16 14 1 0.1 6.9
1.5m-1.6m 13 10 3 0.1 7.8
1.6m-1.7m 15 7 0.1 12.9
1.7m-1.8m 13 7 2 0.1 11.1
1.8m-1.9m 9 8 0.1 6.8
1.9m-2m 9 5 0.1 10.8
2m-2.25m 17 7 1 0.1 14.6
2.25m-2.5m 15 5 0.1 18
2.5m-2.75m 4 3 0.1 8
2.75m-3m 6 5 1 0.1 7.2
3m-3.5m 4 3 0.1 8
3.5m-4m 5 5 1 0.2 6
4m-4.5m 2 1 0.1 12
5.01m-6m 1 1 0.2 0
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 1 0
126k-150k 1 0.2 0
176k-200k 3 2 0.1 9
201k-225k 14 28 4 0.3 3
226k-250k 27 33 8 0.2 4.9
251k-275k 31 27 2 0.1 6.9
276k-300k 48 41 10 0.1 7
301k-325k 42 54 10 0.2 4.7
326k-350k 54 55 14 0.2 5.9
351k-375k 50 59 9 0.2 5.1
376k-400k 57 63 7 0.2 5.4
401k-425k 45 47 8 0.2 5.7
426k-450k 38 41 4 0.2 5.6
451k-475k 17 35 6 0.3 2.9
476k-500k 25 31 7 0.2 4.8
501k-550k 37 32 9 0.1 6.9
551k-600k 20 9 3 0.1 13.3
601k-650k 12 12 3 0.2 6
651k-700k 4 9 2 0.4 2.7
701k-750k 1 6 1 1 1
751k-800k 1 4 1 0.7 1.5
801k-850k 6 0
901k-950k 2 1 0.1 12
951k-1m 2 0.3 0
1m-1.1m 1 0.2 0
1.1m-1.2m 3 1 1 0.1 18
1.2m-1.3m 2 0.3 0
1.4m-1.5m 1 0.2 0
1.5m-1.6m 1 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 4 2 1 0.1 12
126k-150k 12 2 0 36
151k-175k 35 16 0.1 13.1
176k-200k 24 16 4 0.1 9
201k-225k 20 20 5 0.2 6
226k-250k 31 16 5 0.1 11.6
251k-275k 25 23 7 0.2 6.5
276k-300k 42 28 5 0.1 9
301k-325k 29 18 4 0.1 9.7
326k-350k 27 10 1 0.1 16.2
351k-375k 13 2 0 39
376k-400k 14 4 1 0 21
401k-425k 4 1 0 24
426k-450k 3 6 0.3 3
451k-475k 2 2 0.2 6
476k-500k 1 1 0.2 6
501k-550k 3 0
551k-600k 2 3 0.3 4
601k-650k 1 0
651k-700k 1 0.2 0
701k-750k 1 0.2 0
751k-800k 1 1 0.2 6
2.75m-3m 1 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 1 0.1 15
76k-100k 20 6 1 0.1 20
101k-125k 12 2 0 36
126k-150k 15 4 1 0 22.5
151k-175k 6 1 1 0 36
176k-200k 20 7 0.1 17.1
201k-225k 11 2 1 0 33
226k-250k 8 4 1 0.1 12
251k-275k 9 4 2 0.1 13.5
276k-300k 13 5 1 0.1 15.6
301k-325k 7 3 1 0.1 14
326k-350k 10 0
351k-375k 9 1 0 54
376k-400k 16 2 0 48
401k-425k 6 2 0.1 18
426k-450k 2 2 0.2 6
451k-475k 1 0.2 0
476k-500k 10 1 1 0 60
501k-550k 3 2 0.1 9
551k-600k 3 2 0.1 9
601k-650k 8 2 1 0 24
651k-700k 4 1 0 24
701k-750k 3 1 1 0.1 18
751k-800k 4 0
801k-850k 1 0
851k-900k 3 0
901k-950k 5 0
951k-1m 3 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