Ascension Parish Real Estate Market Stats for November 2010

Nov10

Monthly Sales were 71 units. Comparison to last month:  Decreased % from 99 units.  Comparison to this month last year: Decreased % from 89 Units.

Average Sold Price was $216,851.  Comparison to last month:  Decreased % from $204,133.  Comparison to this month last year: Decreased % from $192,124.

Current Inventory is 9.54 months.  Comparison to last month:  Increased from 7.04 months.  Comparison to this month last year: Increased from 7.28 months.

Average Days on Market were 105.  Comparison to last month:  Increased from 99 days.  Comparison to this month last year: Increased from 78 days.

So what do all these numbers mean? 

The good thing for sellers during this period is this…the buyers that are out looking are serious buyers. They are not just out to look at your Christmas decorations! Taking a look at our current inventory in Ascension Parish, those buyers have a lot to choose from. Make sure your home is in tip top shape and price right. Chances are, your home will fit the needs of one of these serious buyers. Average sales price is on the way back up! Check out the graph from where we were last year. This is great news for our area.

These stats are for areas 90, 91 & 92 in Ascension Parish. Information used from Greater Baton Rouge MLS.  They include only single family dwellings.  Mobile home and land sales are not part of these numbers.  If you would like information on either of these, feel free to let me know.

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