Ascension Parish and East Baton Rouge Parish Real Estate Market Report – Stats from December 2018

Posted by Kristina Cusick on Tuesday, January 15th, 2019 at 5:23am.

December 2018 Market Stats

ASCENSION PARISH
Median Sales Price in Ascension was $239,850. That is a little drop from November but still higher than December of 2017 then the median sales price in Ascension was $224,500. In November, the homes that sold were on the market for 65 days vs. the 69 days in December. Sellers were still able to walk away with 98.25% of their asking price. There seems to have been a little push to buy before the end of the year because our inventory dropped to only 3.93 months from the 4.5 months of inventory we had in November.

This leaves us with 614 homes on the market in Ascension Parish with a median list price of $275,000.

Fun Fact: Check out the homes in Ascension Parish that are on the market for over $1,000,000

BATON ROUGE
In East Baton Rouge Parish the December median sales was $220,782, compared to $199,900 last month. The days on market rose a bit to 71. Sellers in East Baton Rouge Parish are receiving 97.6% of their asking price which is holding steady.

EBR saw yet another slight slow down with only 317 homes closing in December versus 375 last month. The interesting thing is that they dipped into their inventory a bit to make those 317 closings happen. This leaves a 4.2 month supply of homes.

There are currently 1,673 homes on the market in these areas of East Baton Rouge Parish and they hold a median sales price of $260,000.

Fun Fact: Check out the homes priced under $50,000 in Baton Rouge

WHAT IS MY HOME WORTH?

Are you interested in numbers for your neighborhood? We are always happy to provide those to you. Just leave us a message and let us know what area you would like to know about!

I WANT TO SEARCH FOR HOMES

We are working on the numbers to compare 2018 to 2017 and will release those soon so keep watching!

 

* All market stats were obtained from GBRAR MLS

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