October 2021 Market Snapshot

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Market Trends

Greater Baton Rouge Area Market Snapshot for October 2021

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

♦ The number of homes for sale decreased by 44.6%
♦ The number of new listings decreased by 11.3%

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

♦ Pending sales increased by 0.8%*
   *Pending sales are back up for the first time since April 2021
♦ Closed sales decreased by 10%
♦  The number of days a home was on the market decreased by 42.2%
♦ The median sales price increased by 0.5%
♦ The percentage of list price received increased by 0.2%

Curious what exactly this means for you?
Want to talk real estate? 
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