Friday, July 11, 2008

Absorption Rate for June 2008 for the North Texas Real Estate Market

For June, 2008 there were 45,125 active listings in the North Texas MLS. 7371 homes sold in June. That puts us at a 6 month supply of homes at this current pace. June was the 2nd best month for the year (May was just barely better with 7475 sales. On a more local leve, there are 2440 homes for sale in the Arlington, Mansfield, and Kennedale area. In June there were 393 sales-same absorption rate as the wider area. At this rate, it would take 6 months to sell the current inventory of homes-if no listings came on the market. I will keep everyone posted each month with the latest statistics. Visit the Arlington Texas homes for sale search engine at

Your Arlington Texas Realtor,

Don Lawyer
Keller Williams Realty

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