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
574,433
Julie Chapman
Beazer - Tampa, FL
New Homes Sales Tampa Florida

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......

Apr 06, 2008 06:49 AM #1
Ambassador
1,719,210
Richard Weisser
Richard Weisser Realty - Newnan, GA
Richard Weisser Retired Real Estate Professional

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!

Apr 06, 2008 07:50 AM #2
Rainmaker
397,513
Dan Brudnok, REALTOR
Keller Williams RE- Exton - PA License Number #RS225179L - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Kathy,

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

Apr 06, 2008 08:41 AM #3
Rainmaker
397,513
Dan Brudnok, REALTOR
Keller Williams RE- Exton - PA License Number #RS225179L - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Kathy,

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

Apr 06, 2008 08:43 AM #4
Rainmaker
397,513
Dan Brudnok, REALTOR
Keller Williams RE- Exton - PA License Number #RS225179L - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Kathy,

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

Apr 06, 2008 08:43 AM #5
Rainmaker
397,513
Dan Brudnok, REALTOR
Keller Williams RE- Exton - PA License Number #RS225179L - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Kathy,

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

Apr 06, 2008 08:45 AM #6
Rainmaker
226,125
Patricia Beck
RE/MAX Properties, Inc., GRI, CDPE - Colorado Springs, CO
Colorado Springs Realty
I wouldn't mind taking a look at it either Kathy, what a great idea. 
Apr 10, 2008 07:58 AM #7
Rainer
3,398
Nancy Shakeshaft-Slack
Prudential Professional Realtors - Colorado Springs, CO

Kathy,

 

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

 

Apr 13, 2008 11:18 AM #8
Ambassador
2,516,381
Chris Ann Cleland
Long and Foster REALTORS®, Manassas, VA - Bristow, VA
Associate Broker, Northern VA
Kathy;  That's great! Thanks for sharing it with all of us.
Apr 13, 2008 02:01 PM #9
Rainer
96,846
John Hersey
Berkshire Hathaway HomeServices Homesale Realty - York, PA
e-PRO Realtor
Thanks,  I look forward to your e-mail.  Looks like a great tool to use.
Apr 13, 2008 03:06 PM #10
Rainer
253,022
Joseph "Joe" Peters
Weichert Realtors - Clinton, NJ

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 #11
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Kathy Torline

Colorado Springs Real Estate Blog 719-287-1049
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