As of 11/7/18, there were 2,390 homes for sale in our market area.

434 homes sold during the month of October (10/1/18-10/31/18).  

This results in a 5.5 month inventory of homes.  This means if no additional homes came on the market it would take approximately 5.5 months for all homes to sell.

During the month of October, 642 residential properties were listed in the MLS.

The average list price of active and contingent properties as on 11/7/18 was $234,771 and the average sold sales price for the month of October was $169,546 and it was taking about 108 days for the homes to sale.

 

List                                          11/7/18 Homes                      Homes Sold                  Months

Price                                        for Sale                                    in October                   Inventory

 

$0-$99,999                              539                                          105                              5.13

$100,000-$199,999                 765                                          176                              4.34

$200,000-$299,999                 528                                          111                              5.44

$300,000-$399,999                 258                                          30                                8.6

$400,000-$499,999                 134                                          5                                  26.8

$500,000-$599,999                 62                                            3                                  20.66

$600,000 and over                  104                                          4                                  26

 

Total Market                           2,390                                       434                              5.5

 

Total Market Oct 2017            2,579                                       425                              6.06

Total Market Oct 2016            2,307                                       377                              6.11

Total Market Oct 2015            2,341                                       377                              6.2

 

 

 

 

Additional Statistic for sold homes during October 2018:

 

Financing                     Percentage

 

Assumable                   <1%

Cash                            20.96%

Conventional               30.64%

FHA                              22.345%

FHA203K                      <1%

Farmers Home                        <1%

Lease                           <1%

Other                           4.6%

Owner                         <1%

Rural Development     4.6%

VA                                14.97%

 

Days on Market          Percentage

 

0-30                             4.83%

31-60                           25.8%

61-90                           20.04%

91-120                         15.43%

121-180                       10.59%

181-365                       9.90%

366+                            13.36%

 

Based on statistics from 11/7/18 for residential properties only/Solds and new listings for October.  For Zip Codes:

 

71101 Shreveport

Homes for sale now: 31          Homes sold:  2         New listing: 3                  Mos. Inventory: 15.5

 

71103 Shreveport

Homes for sale now: 18           Homes sold: 1          New listing: 1                  Mos. Inventory: 18

 

71104 Shreveport

Homes for sale now: 172        Homes sold: 17         New listing: 36               Mos. Inventory: 10.1

 

71105 Shreveport

Homes for sale now: 187        Homes sold: 26         New listing: 49               Mos. Inventory: 7.2

 

71106 Shreveport

Homes for sale now: 327        Homes sold: 37          New listing: 79              Mos. Inventory: 8.8

 

71107 Blanchard/Shreveport

Homes for sale now: 114        Homes sold: 20          New listing: 19              Mos. Inventory: 5.7

 

71108 Shreveport

Homes for sale now: 58          Homes sold: 8            New listing: 16              Mos. Inventory: 7.3

 

71109 Shreveport

Homes for sale now: 58           Homes sold: 12           New listing: 10             Mos. Inventory: 4.8

 

71115 Shreveport

Homes for sale now:  121       Homes sold: 8           New listing: 27               Mos. Inventory: 15.1

 

71118 Shreveport

Homes for sale now: 114        Homes sold: 29            New listing: 45            Mos. Inventory: 9.9

 

71033 Greenwood

Homes for sale now: 19          Homes sold: 4              New listing: 8              Mos. Inventory: 4.8

 

71060 Mooringsport

Homes for sale now: 12           Homes sold: 1               New listing: 1              Mos. Inventory: 12

 

71078 Stonewall

Homes for sale now: 36           Homes sold: 11              New listing: 8             Mos. Inventory: 3.3

 

71111  North Bossier

Homes for sale now: 298        Homes sold: 58            New listing: 89             Mos. Inventory: 5.1

 

71112  South Bossier

Homes for sale now: 158        Homes sold: 53            New listing: 62             Mos. Inventory: 3

71037  Haughton

Homes for sale now: 114        Homes sold: 24            New listing: 35             Mos. Inventory: 4.8

 

71006  Benton

Homes for sale now: 124        Homes sold: 24            New listing: 33            Mos. Inventory: 5.2

 

71055 Minden

Homes for sale now: 60          Homes sold: 17            New listing: 14             Mos. Inventory: 3.2

 

Published October 2018, Sourced MLS MATRIX Northwest Louisiana, DIAMOND REALTY & Associates. Information believed to be accurate but not guaranteed.