March 2020 numbers still look good despite the COVID-19 pandemic.

How is that? The houses that closed in March were already under contract before we were issued a Stay At Home Mandate. We will see the real effect of this pandemic when we look at the April numbers. I will tell you that we have seen a 50% decrease in showings, so expect some not so good news in April.

All that being said, as a whole, the industry feels that housing will bounce back quickly when this is over. There are a lot of pent up buyers that will be ready to make a move as soon as they can move around freely without worry about getting sick.


Average sales prices in March 2020 remained steady year over year at $267,822, and there was a slight rise in List to Sales price ratio of 99.32%. The average days on the market were the same. What we did find interesting is that the average price of unsold homes in March of 2020 was $258,925, while in March of 2019, the average price of unsold homes was $291,359. It seems that many of the larger houses were either sold or taken off the market.


Average sales prices in March 2020 were much higher at an almost 11% increase to $277,823 over the March 2019 average sales price of $250,567. The List to Sales price ratio also rose to 97.7%. If you remember, in 2019, East Baton Rouge Parish was struggling for a bit, and boy did they bounce back. Three-bedroom homes are still popular and are dominating the market.

Posted by Kristina Cusick on


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