Absorption Rates -- Easy Spreadsheet

By
Real Estate Agent with ERA Herman Group Real Estate

As a Colorado Springs Realtor I've developed an Excel spreadsheet that I use to help me put together absorption rates.   I fill in the numbers in the red font, and then the spreadsheet calculates the rest.   If anyone would like a copy of the Excel spreadsheet with the formulas, email me and I'll send it to you as an attachment.

Area Briargate - Colorado Springs
Price Range All
         
         
  Past 12 Past 6 Past 3 Current
  months months months  
Sold 1146 407 178  
Average 96 67.8 59.3  
Active       569
Supply 6.0 8.4 9.6  
  months months months  

 

Posted by Kathy Torline - Nordstrom

KAT, A Colorado Springs Realtor You Can Trust in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

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Ambassador
559,186
Julie Chapman
New Homes Sales
Lennar

Kathy,

This is a great tool..never did I think to throw it into Excell........thanks for sharing.....I am sending you an email now.......ok, I tried to send you an email.  I think my Active Rain is broken......everything is slow and I keep reading posts that have multiple comments meaning they are clicking over and over again like I do.....let me know if you got my email....or if you got it 2 or 3 times......

April 06, 2008 07:00 AM
Ambassador
1,644,916
Richard Weisser
Richard Weisser Coweta Newnan Homes for Sale
Better Homes and Gardens Real Estate Metro Brokers

Kathy,

Well that's very nice of you to offer to share! Absorption is a hot topic nowadays, that's a great listing tool! You have earned a subscription from me for your generosity!

April 06, 2008 07:50 AM
Rainmaker
341,071
Dan Brudnok
REALTOR,e-PRO,ABR,GREEN,SRES,CSP
Keller Williams RE- Exton - PA License Number #RS225179L

Kathy,

Thank you....looks like a great tool.....look for my email.

April 06, 2008 08:41 AM
Rainmaker
341,071
Dan Brudnok
REALTOR,e-PRO,ABR,GREEN,SRES,CSP
Keller Williams RE- Exton - PA License Number #RS225179L

Kathy,

Thank you....looks like a great tool.....look for my email.

April 06, 2008 08:43 AM
Rainmaker
341,071
Dan Brudnok
REALTOR,e-PRO,ABR,GREEN,SRES,CSP
Keller Williams RE- Exton - PA License Number #RS225179L

Kathy,

Thank you....looks like a great tool.....look for my email.

April 06, 2008 08:43 AM
Rainmaker
341,071
Dan Brudnok
REALTOR,e-PRO,ABR,GREEN,SRES,CSP
Keller Williams RE- Exton - PA License Number #RS225179L

Kathy,

Thank you....looks like a great tool.....look for my email.

April 06, 2008 08:45 AM
Rainmaker
217,065
Patricia Beck
Colorado Springs Realty
RE/MAX Properties, Inc., GRI, CDPE
I wouldn't mind taking a look at it either Kathy, what a great idea. 
April 10, 2008 07:58 AM
Rainer
3,398
Nancy Shakeshaft-Slack
Prudential Professional Realtors

Kathy,

 

Would love to have a copy of this...what a great tool!  You rock!

 

April 13, 2008 11:18 AM
Ambassador
1,877,152
Chris Ann Cleland
Associate Broker, Northern VA
Long & Foster REALTORS®, Gainesville, VA
Kathy;  That's great! Thanks for sharing it with all of us.
April 13, 2008 02:01 PM
Rainer
96,796
John Hersey
e-PRO Realtor
Berkshire Hathaway HomeServices Homesale Realty
Thanks,  I look forward to your e-mail.  Looks like a great tool to use.
April 13, 2008 03:06 PM
Rainer
177,480
Joseph "Joe" Peters
Weichert Realtors

Great presentation on this subject.

I use local absorption rate statistics with both my buyers and sellers.  It refelcts on my personal uderstanding of local market conditions.

See my post at: http://activerain.com/blogs/jpeters

May 22, 2008 07:44 AM
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Rainmaker
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Kathy Torline

Colorado Springs Real Estate Blog 719-287-1049
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