January 2021 Market Snapshot

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Market Trends

Greater Baton Rouge Area Market Snapshot for January 2021

Supply is Still Down…
Compared to January of 2020, in January 2021…

♦ The number of homes for sale decreased by 43%
♦ The number of new listings decreased by 16.8%

Demand is Still High…
Compared to January of 2020, in January 2021…

♦ Pending sales increased by 19.6%
♦ Closed sales increased by 26.7%
♦ The number of days a home was on the market decreased by 26.2%
♦ The average sales price increased by 7.8%
♦ The percentage of list price received increased by 0.7%



Curious what exactly this means for you?
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