Tuesday, February 16, 2010

Berthoud Absorption Rate for 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

August 1, 2009 thru January 31, 2010 vs. July 1, 2009 thru December 31, 2009

Price Range

Active Properties

Sold Properties

Absorption Rate

January

December

January

December

January

December

<200K

16

14

16

19

6mo. supply

4.4mo. supply

200-300K

31

27

12

18

15.5mo. supply

9mo. supply

300-400K

10

9

1

1

60mo. supply

54mo. supply

400-500K

1

1

0

0

>500k

0

1

0

0

Total Properties

58

52

29

38

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

Rural Berthoud Supply

August 1, 2009 thru January 31, 2010 vs. July 1 , 2009 thru December 31, 2009

Price Range

Active Properties

Sold Properties

Absorption Rate

January

December

January

December

January

December

<200K

2

2

1

1

12mo. supply

12mo. supply

200-300K

5

6

3

3

10mo. supply

12mo. supply

300-400K

6

6

13

17

2.8mo. supply

2mo. supply

400-500K

7

6

2

5

21mo. supply

7mo. supply

500-1million

26

30

6

6

26mo. supply

30mo. supply

>1million

8

7

1

1

48mo. supply

42mo. supply

Total Properties

54

57

26

33


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

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