Ascension Parish Market Stats for August 2010

Monthly Sales were 75 units. Comparison to last month:  Increased 5% from 71 units.  Comparison to this month last year: Decreased 32% from 110 Units.

Average Sold Price was $216,581.  Comparison to last month:  Decreased 2% from $221,460.  Comparison to this month last year: Decreased 2% from $221,891.

Current Inventory is 9.53 months.  Comparison to last month:  Increased from 10.26 months.  Comparison to this month last year: Increased from 5.68 months.

Average Days on Market were 88.  Comparison to last month:  Increased from 113 days.  Comparison to this month last year: Increased from 93 days.

So what do all these numbers mean?   

Our activity and sales prices in Ascension Parish are leveling out. September numbers will be interesting to view. Most buyers were trying to close before school started in August.

These stats are for areas 90, 91 & 92 in Ascension Parish. Information used from Greater Baton Rouge MLS.  They include only single family dwellings.  Mobile home and land sales are not part of these numbers.  If you would like information on either of these, feel free to let me know.