Shreveport Real Estate Market - January 2009

January 2009 Absorption Rates - Residential Sales

Inventory of residential housing is down in the Shreveport market, but unfortunately, so are sales. Below I've shown the listing and sales figures of single family homes for the Shreveport area for January 2009.

In total, there are 1790 homes for sale in Shreveport, Bossier City and surrounding areas. Last month only 206 homes actually sold. That's over an 8 1/2 month supply of homes if no more homes come on the market, however, in January, 600 homes came on the market.

Currently there are 105 homes above $400,001 for sale in Shreveport/Bossier. Last month only 2 homes actually sold in this price range. That's over a 52 1/2 month supply of homes if no more homes come on the market. Last month 21 homes came on the market in this price range.

Currently there are 272 homes priced between $250,001 and $400,000 for sale. Last month only 17 homes actually sold in this price range. That's a 16 month supply of homes if no more homes come on the market. Last month 83 homes came on the market in this price range.

Currently there are 541 homes priced between $150,001 and $250,000 for sale. Last month only 71 homes actually sold in this price range. That's over a 7 1/2 month supply of homes if no more homes come on the market. Last month 206 homes came on the market in this price range.

Currently there are 872 homes priced under $150,000 for sale in Shreveport/Bossier. Last month 116 homes actually sold in this price range. That's a 7 1/2 month supply of homes if no more homes come on the market. Last month 290 homes came on the market in this price range.

Source Northwest Louisiana Association of Realtors MLS, Inc 02/09/09. This information is believed to be accurate but is not guaranteed.