Ascension Parish Real Estate Market Stats for November 2011

Monthly Sales were 84 units. Comparison to last month: Decreased 24% from 110 units. Comparison to this month last year: Increased 18% from 71 Units.
Average Sold Price was $190,833. Comparison to last month: Decreased 7% from $204,498. Comparison to this month last year: Decreased 12% from $216,851.
Current Inventory is 7.34 months. Comparison to last month: Increased from 5.9 months. Comparison to this month last year: Decreased from 10.35 months.
Average Days on Market were 78. Comparison to last month: Decreased from 101 days. Comparison to this month last year: Decreased from 105 days.

So what do all these numbers mean?
The Holidays are upon us! Historically, the real estate market slows down during the holidays. That doesn’t mean that it stops. There is still plenty of activity due to transferees moving in and out with our Chemical Companies and other Industrial entities in the area, as well as local transitions within our area. 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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