May 2021 Market Snapshot

Blog Post Image
Market Trends

Greater Baton Rouge Area Market Snapshot for May 2021

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

♦ The number of homes for sale decreased by 56.7%
♦ The number of new listings increased by 0.4%

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

♦ Pending sales decreased by 6.5%
♦ Closed sales increased by 58.8%
♦ The number of days a home was on the market decreased by 35.9%
♦ The average sales price increased by 14.6%
♦ The percentage of list price received increased by 1.1%

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