Greater Baton Rouge Area Market Snapshot for August 2021
Supply is Still Down…
Compared to August of 2020, last month…
♦ The number of homes for sale decreased by 43.8%
♦ The number of new listings decreased by 12.7%
Demand is Still High…
Compared to August of 2020, last month…
♦ Pending sales decreased by 15.9%*
♦ Closed sales decreased by 10%*
*Pending and closed sales are still trending downward since last month.
♦ The number of days a home was on the market decreased by 54.2%
♦ The median sales price increased by 11.1%
♦ The percentage of list price received increased by 0.6%
Curious what exactly this means for you?
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