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Shreveport Area Home Market Statistics, January - October 2008

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

I thought it might be useful to some of you to see just what has happened in Shreveport when it comes to the number of homes for sale, homes sold, and new listings this year.  Below is a chart that shows the number of homes in each of these categories.

Shreveport Absorption Rates

As you can see, we are doing somewhat better with the number of homes for sale and new listings coming on the market declining.  I think that once we get past the holidays, the new president is in office, and we've gotten some of the economic jitters worked out, the number of homes sold will begin to rise.

Show All Comments
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Heather, the Homes Sold shows some seasonality BUT your market looks pretty good overall.

Nov 13, 2008 04:53 AM
Greg Gorman
John R Wood Properties - Naples, FL
Naples Florida Real Estate

Hi Heather, even with the surge of existing and new listings, the sales seem to be pretty consistent. Good news is the sellers who want to be in the sold column have that opportunity by being in the bottom 10% price wise. Best price, best condition in the best location is always a wining combination! Thanks for sharing and warm greetings from Paradise.

Team Paradise Logo

Nov 13, 2008 08:51 PM
Heather Goodwin
Licensed by the Louisiana Real Estate Commission - Shreveport, LA
Results That Move You

Gary, Greg - Yes, our market is still pretty solid considering everything going on around us.  You are exactly right Greg.  When those three things are in place, a house doesn't stay on the market long.

Thanks for the comments, guys.

Nov 13, 2008 11:14 PM
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