August 2021 Market Snapshot

Blog Post Image
Market Trends

Greater Baton Rouge Area Market Snapshot for August 2021

Supply is Still Down…
Compared to August of 2020, last month…

♦ The number of homes for sale decreased by 43.8%
♦ The number of new listings decreased by 12.7%

Demand is Still High…
Compared to August of 2020, last month…

♦ Pending sales decreased by 15.9%*
♦ Closed sales decreased by 10%*
   *Pending and closed sales are still trending downward since last month.
♦ The number of days a home was on the market decreased by 54.2%
♦ The median sales price increased by 11.1%
♦ The percentage of list price received increased by 0.6%

 

 

 

 

 

 

 

 

 

 

 

 

Curious what exactly this means for you?
Want to talk real estate? 
Call me at 225.229.0451