Ascension Parish Real Estate Market Stats for August 2011

Monthly Sales were 136 units. Comparison to last month:  Increased 15% from 118 units.  Comparison to this month last year: Increased 79% from 76 Units.

Average Sold Price was $212,732.  Comparison to last month:  Decreased only 1% from $214,111.  Comparison to this month last year: Decreased 2% from $216,758.

Current Inventory is 4.86 months.  Comparison to last month:  Decreased from 5.81 months.  Comparison to this month last year: Decreased from 9.50 months.

Average Days on Market were 99. Comparison to last month:  Increased from 76 days.  Comparison to this month last year: Increased from 89 days.

So what do all these numbers mean?

Love to see the activity we have in our market! With unit sales on the rise and inventory decreasing, buyers and sellers may be on the same page. Sellers are pricing their homes to sell and buyers are making wise investment choices. The historic interest rates are fueling this activity and I believe the buyers taking advantage of this will be happy with their decisions in the years to come. The hottest price range still hovers around the $150,000 – $199,999 area. If you have a home to sell in that price range, let me know and we will work together to get you on this sold report!

 

 

 

 

 

 

 

 

These stats are for areas 90, 91 & 92 in Ascension Parish. Information used from Greater Baton Rouge MLS.  They include only single family dwellings. Manufactured homes, Land and Commercial 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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