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Greater Baton Rouge Real Estate Services
Keyfinders Team Realty
keyfindersteam@gmail.com
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  • Listings Search
  • Looking for a Home?
    • Our Process
    • Local MLS Map
    • Cash-to-close calculator
  • Selling Your Home?
    • How much is my home worth?
  • Meet Our Agents
  • Cagley Construction
  • Local Info
    • Welcome to Baton Rouge
    • Keyfinders Property Management
    • About Big BR
    • Home of the LSU Fighting Tigers
    • LSU Bus Routes
    • From Carol’s Kitchen
    • Areas Attractions, Children’s Activities & Recreation
    • Utilities and Hospitals
    • Schools
    • LA Architecture
    • Real Estate Practices in Baton Rouge
  • Neighborhoods
  • Contact
inception-app-prod/MDEzOTk5ZmUtOTYwYi00Mjk2LWFmOWEtNzAyMDliMWJkNmVm/content/2024/10/f4e0217aabb61fc2e73fa3798bd34663c10c92ac.png
  • Listings Search
  • Looking for a Home?
    • Our Process
    • Local MLS Map
    • Cash-to-close calculator
  • Selling Your Home?
    • How much is my home worth?
  • Meet Our Agents
  • Cagley Construction
  • Local Info
    • Welcome to Baton Rouge
    • Keyfinders Property Management
    • About Big BR
    • Home of the LSU Fighting Tigers
    • LSU Bus Routes
    • From Carol’s Kitchen
    • Areas Attractions, Children’s Activities & Recreation
    • Utilities and Hospitals
    • Schools
    • LA Architecture
    • Real Estate Practices in Baton Rouge
  • Neighborhoods
  • Contact
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Market Insight

Real Estate had a little March Madness too!

inception-app-prod/MDEzOTk5ZmUtOTYwYi00Mjk2LWFmOWEtNzAyMDliMWJkNmVm/content/2021/07/logo1%282%29.png
Keyfinders Team Realty ,April 6, 2023

For all of you basketball fans, March Madness did not disappoint!  

Congratulations to our LSU Lady Tigers on a National Championship! 

As for real estate, the market continues to press forward.  Take a look at the median sales prices for EBR, Livingston and Ascension year over year.  EBR down .4%, but Livingston up 4.4% with Ascension winning the game at a 6% increase!  

March Real Estate Box Scores

* New listings are down by 353 units from 2021

* Yet inventory has grown by 813 units from last year

* Pending sales are down by 306 units from last year

* Closed sales are down but are approaching normal levels

* Days on market is up but averages only 26 days

* There is still a less than 2.5 months supply of homes available

* Houses are selling for 99% of list price!

* Number of showings to pending is down from 2021 to 7 showings before contract

So, while there are some adjustments being made, homes are selling when priced right and in good condition. There remains pent up buyer demand. With the summer season rapidly approaching we expect to see increased activity! Join the madness!  

 


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Keyfinders Team Realty
Selling the American Dream

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Keyfinders Team RealtyMLS ID: B69951
4626 Sherwood Common Blvd. Ste. 304Baton RougeLA 70816US
225-408-5932
keyfindersteam@gmail.com

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