Wednesday, December 9, 2009

Berthoud Absorption Rate for the past 6 months


The Absorption Rate is computed by comparing the number of houses sold in a six month period to the number of houses on the market to determine the number of months of supply in that category. A 6-month supply is considered a balanced market, less than 6 months is a Seller's market and more than 6 months would be a Buyer's market.

In-Town Berthoud Supply

June 1, 2009 thru November 30, 2009 vs. May 1, 2009 thru October 31, 2009

Price Range

Active Properties

Sold Properties

Absorption Rate

Nov

October

Nov

October

Nov

October

<200K

14

19

19

22

4.4 month supply

5 month supply

200-300K

32

28

20

22

9.6 month supply

7.6 month supply

300-400K

8

9

0

0

400-500K

1

2

0

0

>500k

1

1

0

0

Total Properties

56

59

39

44

*Under Contract properties are being counted as Active properties. Information from IRES, LLC.

Rural Berthoud Supply

June 1, 2009 thru November 30, 2009 vs. May 1, 2009 thru October 31, 2009

Price Range

Active Properties

Sold Properties

Absorption Rate

Nov

October

Nov

October

Nov

October

<200K

2

1

3

4

4 month supply

1.5 month supply

200-300K

4

2

3

4

8 month supply

3 month supply

300-400K

7

13

17

15

2.5 month supply

5.2 month supply

400-500K

5

4

7

9

4.3 month supply

2.6 month supply

500-1million

32

32

6

6

32 month supply

32 month supply

>1million

8

8

1

1

48 month supply

48 month supply

Total Properties

58

60

37

39


*Under Contract properties are being counted as Active properties. Information from IRES, LLC.

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