BOTH AVERAGE AND MEDIAN PRICES HAVE DROPPED SINCE JUNE FOR ASCENSION PARISH, WHILE EAST BATON ROUGE (AREAS 4,5 & 6) HAVE RAISED IN AVERAGE PRICE AND REMAINED STEADY AT MEDIAN PRICE.
Let’s start by looking a little closer at Ascension Parish. In July the average sales price dropped to $239,052 from $263,031. The days on market were a little longer as well. In July, the homes that sold were on the market for 51 days vs. the 47 days in June. Sellers were able to get 98.6% of their asking price.
In Baton Rouge (areas 4, 5 & 6) the July average sales price was $296,790 from $275,291 in June. The days on market for those sold homes were up to 61 days. While average sales price was up, sellers were only able to get 94.78% of their list price.