March 2021 Market Snapshot

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Market Trends

Greater Baton Rouge Area Market Snapshot for March 2021

Supply is Still Down…
Compared to March of 2020, in March 2021...

♦ The number of homes for sale decreased by 57%
♦ The number of new listings increased by 1.7%

Demand is Still High…
Compared to March of 2020, in March 2021…

♦ Pending sales increased by 36.2%
♦ Closed sales increased by 36%
♦ The number of days a home was on the market decreased by 20.2%
♦ The average sales price increased by 11.2%
♦ The percentage of list price received increased by 0.4%

 

Curious what exactly this means for you?
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