In June of 2019 Ascension Parish saw an average sales price of $272,432. This is an increase of 3.8% over June of 2018. Sellers saw their listings stay on the market 37 days longer than last year and they had to negotiate a bit more walking away with 98.79% of their asking price.
In June of 2019, East Baton Rouge Parish saw an average sales price of $288,626. This is an increase of 13.6% over June of 2018. You read that right! 13.6% increase! When you heard agents saying the market was HOT, they were serious! There was a 4.6% decrease in total sales but the sellers were able to walk away with 97.24% of their sales price which is 1% more than last year.
Mid Year Review
Ascension Parish is at an average sales price of $260,153 which is up 4% from mid-year 2018. The days on the market are up 28 to a total of 82.
East Baton Rouge Parish is seated at an average sales price of $256,397 which is up 3.9% from mid-year 2018. The days on the market here are only up 9 to a total of 71.
Our market is healthy, yet we see that buyers are definitely directing this market. They are demanding updated, completely ready to move-in homes. If you are thinking of selling, you should set up an interview with an agent to plot a course of action. Gone are the days of pricing to reflect condition.
Posted by Kristina Cusick on