Boosted by a 15.4% surge in sales during this past September, home sales in our eight-parish region are up by 9% though the first 9 months of the year, compared to the same period last year. This is being tracked by the Greater Baton Rouge Association of Realtors.
GBRAR released teh September sales report on November 5, 2015. Along with the rise in closed sales, the report shows homes are sitting on the market for a much shorter time this year and average sales prices are up significantly!
Inventory has also tightened considerably over the past year, with the number of homes on the market this September. A total of 3,713 which is down 11.2% from the 4,138 available for sale last September.
Daily Report has the full story.
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