June 2015 Real Estate Sale in NWLA

Residential Real Estate Sales

June 2015 Absorption Rates Northwest Louisiana (NWLA) The following figures are for the month of June 2015 :

Currently, there are 2310 homes for sale in NWLA. Last month 466 homes actually sold.

That’s a 6.4 month supply of homes if no more homes come on the market. Last month 790 homes came on the market.

Currently, there are 227 homes above $400,000 for sale in NWLA.
Last month 22 homes actually sold.
That’s a 10.3 month supply of homes if no more homes come on the market.
Last month 52 homes came on the market.

Currently, there are 444 homes priced between $250,001 and $400,000 for sale in NWLA.
Last month 80 homes actually sold.
That’s a 5.6 month supply of homes if no more homes come on the market.
Last month 150 homes came on the market.

Currently, there are 708 homes priced between $150,001 and $250,000 for sale in NWLA.
Last month 157 homes actually sold.
That’s a 4.5 month supply of homes if no more homes come on the market.
Last month 273 homes came on the market.

Currently, there are 931 homes priced at $150,000 or less for sale in NWLA.
Last month 207 homes actually sold.
That’s a 4.5 month supply of homes if no more homes come on the market.
Last month 312 homes came on the market.
6 month supply = balanced market <6 market="" month="" supply="seller’s">6 month supply = buyer’s market Source: Northwest Louisiana Association of Realtors MLS, Inc., 7/6/15 Information believed to be accurate but not guaranteed.