2020 Year in Review
Although Covid-19 negatively affected the Greater Baton Rouge real estate market early on, the market quickly bounced back and we have seen a surge in home sales, with most selling for closer to asking price than in years’ past.
Supply is Still Down…
- In 2020, the average homes for sale each month decreased by 21.4%
- In 2020, the average number of new listings each month decreased by 5.2%
Demand is Still High…
- In 2020, the 12-month average sales price increased by 6.3%
- In 2020, the 12-month average percent of list price received increased by 0.3%
- In 2020, the average number of closed sales each month increased by 14.4%
- In 2020, the average number of days a home was on the market decreased by 1.4%
Click here to search area home sales by zip code.
* Avg. Sales Price of all properties from January 2020 through December 2020. This is not the average of the individual figures above.
* Average Pct. of List Price Received for all properties from January 2020 through December 2020. This is not the average of the individual figures above.
* Average Days on Market of all properties from January 2020 through December 2020. This is not the average of the individual figures above.
Current as of January 10, 2021. All data from the Greater Baton Rouge Association of REALTORS® MLS. Information deemed reliable but not guaranteed.
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