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 http://www.donlawyer.com/.
Your Arlington Texas Realtor,
Don Lawyer
Keller Williams Realty
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