July 2021 Market Snapshot

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Market Trends

Greater Baton Rouge Area Market Snapshot for July 2021

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

♦ The number of homes for sale decreased by 45.2%
♦ The number of new listings decreased by 12.9%

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

♦ Pending sales decreased by 12.9%
♦ Closed sales decreased by 8.0%
    *Note the downward shift here, which we expected since pending sales shifted downward last month.

♦ The number of days a home was on the market decreased by 48.0% 
♦ The median sales price increased by 7.9%
♦ The percentage of list price received increased by 1.0% 

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