East Baton Rouge Home Sales Stats August 2017 Infographic

By
Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851

East Baton Rouge Home Sales Stats August 2017 Infographic


East Baton Rouge Home Sales Stats August 2017 Infographic

by Bill Cobb Appraiser and Accurate Valuations Group 225-293-1500.  Download this pdf at https://www.slideshare.net/BatonRougeHousingReports


EAST BATON ROUGE MEDIAN SOLD PRICE FOR SINGLE-FAMILY HOMES

2012: $170,000
2013: $177,000
2014: $179,900
2015: $192,000
2016: $190,000
August 2017: $187,000


SINGLE-FAMILY HOMES SOLD
532, up 19%

MEDIAN NUMBER OF DAYS HOMES SPENT ON THE MARKET
18, Down 50%


SINGLE-FAMILY HOME LISTINGS ON THE MARKET

NEW LISTINGS: 680
ACTIVE LISTINGS: 08/2016:1950 vs 08/2017: 1758, DOWN 10%
PENDING LISTINGS: 1562



MEDIAN SOLD PRICE PER SQUARE FOOT
AUGUST 2016 versus AUGUST 2017 $116 vs $116
No Change

MONTHS OF INVENTORY FOR SALE
3.3 MONTHS
DOWN 1.1 MONTHS


SOURCE: Data used with permission of the Greater Baton Rouge Association of REALTORS / MLS from 1/1/2012 to 8/31/2017, extracted on 9/6/2017 

Comments (3)

Mike Kelly,CRS,CIPS
The MJKelly Team - Santa Rosa, CA
"One of Sonoma County's Natural Resources"

Wow! Here in the greatest state of California, Wine Country, Sonoma County, your median home price is a third of our $624,500 median home price. However, our "Active" or "Showable" listing are only 840. Our sales in August finally broker the 500 market but for only the 2nd time in two years. 

Sep 12, 2017 09:33 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I am a market report junkie and I enjoy seeing what is up in your neck of the woods Bill Cobb 

Sep 13, 2017 05:19 AM
Doug Rogers
Bayou Properties - Alexandria, LA
Your Alexandria Louisiana Agent

18 days?!!! That's great if you a listing agent. I bet the buyers agents are having a tough time though.  I can hear well-meaning parents and uncles now, "Offer then 20k under asking and get them to remodel and pay closing. U never know what someone will take!"

Sep 14, 2017 05:43 AM

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