Friday, November 6, 2015

October 2015 Market Stats

Residential Real Estate Sales
October 2015 Absorption Rates
Northwest Louisiana (NWLA)


The following figures are for the month of October 2015 :

Currently, there are 2347 homes for sale in NWLA.
Last month 374 homes actually sold.
That’s a 6.3 month supply of homes if no more homes come on the market.
Last month 639 homes came on the market.


Currently, there are 222 homes above $400,000 for sale in NWLA.
Last month 10 homes actually sold.
That’s a 22 month supply of homes if no more homes come on the market.
Last month 35 homes came on the market.


Currently, there are 432 homes priced between $250,001 and $400,000 for sale in NWLA.
Last month 62 homes actually sold.
That’s a 7 month supply of homes if no more homes come on the market.
Last month 111 homes came on the market.


Currently, there are 735 homes priced between $150,001 and $250,000 for sale in NWLA.
Last month 129 homes actually sold.
That’s a 5.7 month supply of homes if no more homes come on the market.
Last month 204 homes came on the market.


Currently, there are 958 homes priced at $150,000 or less for sale in NWLA.
Last month 173 homes actually sold.
That’s a 5.5 month supply of homes if no more homes come on the market.
Last month 289 homes came on the market.

  
6 month supply = balanced market
<6 br="" market="" month="" supply="seller’s"> >6 month supply = buyer’s market


Source: Northwest Louisiana Association of Realtors MLS, Inc., 11/6/15

Information believed to be accurate but not guaranteed.

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