WOW! AVERAGE PRICES SAW IN INCREASE SINCE AUGUST FOR ASCENSION PARISH, WHILE EAST BATON ROUGE (AREAS 4,5 & 6) HAVE DROPPED SLIGHTLY IN AVERAGE PRICE.
Let’s start by looking a little closer at Ascension Parish. In September the average sales price rose to $261,797 from $244,112. The days on market rose as well. In August, the homes that sold were on the market for 44 days vs. the 60 days in September. Sellers were still able to get 98.9% of their asking price.
Now that we have finished the 3rd Quarter, let’s take a look to see where we stand in comparison to last year at this time. We have basically sold the same amount as last year this time with prices jumping from an average of $234,537 to $249,346. Sellers were still getting 98%…