January 2011 homes sales numbers are out for Ascension Parish and it looks like it was a pretty good month....There were 72 homes sold in January 2011 as compared with 74 in January 2010. The average sales price jumped up to $220,000 with the median price moving up to $197,000. Ascension Parish homes are selling for an average of 97% of their listing price.
As of the end of January, the average home is on the market in Ascension Parish for 98 days before selling. There are currently 768 homes for sale in the Parish which equates to a 10.6 months supply at the current selling rate. A typically healthy real estate market would have about 6 months supply of inventory, so there is still excess inventory to be worked through. Ascension Parish, however, is in better shape than both East Baton Rouge and Livingston when looking at inventory numbers.
If you are contemplating buying a home in Ascension Parish, it is still a great time. Interest rates are very good and there is plenty of available inventory to choose from.
If you are thinking about selling you home in Ascension Parish, then you must make sure that your home is properly positioned in the sales market. Because there is so much competition, you need to make sure you home stands among its peer group and is conditioned for successful selling. I'm happy to share my tips and suggestions for getting your home ready to sell - just give me a call.
If you are looking to purchase or sell a home in the Baton Rouge area - I'm here to help you through that process. Just give Quinton Renfro a call at 225.287.9448 or send me an e-mail at Quinton@BatonRougeAreaHomes.com and let's get started today!
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