Greater Baton Rouge Area Market Snapshot for July 2021
Supply is Still Down…
Compared to July of 2020, last month…
♦ The number of homes for sale decreased by 45.2%
♦ The number of new listings decreased by 12.9%
Demand is Still High…
Compared to July of 2020, last month…
♦ Pending sales decreased by 12.9%
♦ Closed sales decreased by 8.0%
*Note the downward shift here, which we expected since pending sales shifted downward last month.
♦ The number of days a home was on the market decreased by 48.0%
♦ The median sales price increased by 7.9%
♦ The percentage of list price received increased by 1.0%
July 2021 Market Snapshot
Aug 17, 2021
Market Trends