Here are the absorption rates for Shreveport, Bossier City, and surrounding towns. Remember that absorption rates show how quickly homes on the market are being sold and how many new homes are replacing those. If more homes are coming on the market and remaining unsold, the inventory is higher, and it's deemed a buyer's market. That's the situation we're in now. Take a look at October's absorption rates for Shreveport et al for more analysis.
September 2008 Absorption Rates - Residential Sales
| Total | 1913 | 325 | 5 1/2 | 544 |
| Under $150,000 | 895 | 197 | 4 1/2 | 281 |
| $150,001-$250,000 | 624 | 96 | 6 1/2 | 176 |
| $250,001-$400,000 | 280 | 25 | 11 | 68 |
| above $400,001 | 114 | 7 | 16 | 19 |
Reliable MLS Data These figures come from information pulled from the MLS. The data in the MLS are deemed reliable but not guaranteed.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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
Comments(0)