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Shreveport/Bossier Absorption Rates August 2008

By
Real Estate Agent with Licensed by the Louisiana Real Estate Commission SALE.74032-ACT

I've been rather remiss in posting the absorption rates for the Shreveport area market. Since the trend over time is the most useful way to analyze this information, I'm going back to August to post these numbers. So, take a look at this info, then take a look at the numbers for September and October which I'll be posting immediately after this one. I'll provide my analysis in the post for the October absorption rates for Shreveport, Bossier, and the surrounding towns.

August 2008 Absorption Rates - Residential Sales

 
 Homes
for
Sale
Homes
Sold
Months
of
Inventory
New
Listings
Total 1992 373 5 571
Under $150,000 962 188 5 317
$150,001-$250,000 623 130 4 1/2 171
$250,001-$400,000 280 44 6 55
above $400,001 127 11 11 1/2 28

Reliable MLS Data These figures come from information pulled from the MLS. The data in the MLS are deemed reliable but not guaranteed.

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You're at Home with Heather
Shreveport and Bossier City, Louisiana Real Estate

Shreveport Home Connection
Coldwell Banker J. Wesley Dowling & Assoc. LLC

Serving your real estate needs in Shreveport, Bossier City, Benton, Haughton, Keithville, Stonewall, Blanchard, and Barksdale AFB

Licensed in Louisiana

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