Fast ionization wave (FIW), a postbreakdown phenomenon of laser-induced plasma, is observed for a laser intensity of 1011–1013 W/m2 using the CO2 laser pulse in the atmospheric pressure condition. FIW is distinguishable as “overdriven detonation” according to Raizer's Chapmann-Jouguet detonation theory because FIW is known as the type of laser-absorption wave that has a higher propagation velocity than the laser-supported detonation wave (LSDW). Some reports have described the expansion of FIW using a solid-state laser. Nevertheless, the threshold phenomena between FIW and LSDW are not fundamentally understood. This study used the high-speed visualization and optical emission spectroscopy to investigate the transition of the laser-absorption wave in argon gaseous form. To elucidate the physics of the transition threshold, a 5 J CO2 pulse laser, an Echelle spectrometer, and an intensified CCD camera are used for the quantitative investigation of the plasma temperature and density. Results demonstrate that the FIW front had an electron temperature of 0.7 eV and an electron number density of 2.5 × 1023 m−3. At the FIW–LSDW transition, the electron temperature increased by 1 eV, and the density decreased by 2.2 × 1023 m−3. Besides, the transition threshold and the existence of local-thermodynamic equilibrium were evaluated based on the electron temperature, and the density was obtained from the spectroscopic experiments.