Baton Rouge New Home Prices 5% Higher In February 2013
Sales of NEW Baton Rouge Homes increased by 38% when comparing February 2012 to February 2013. The Median Sold Price was up by 5%. Homes Under Contract increased by 17% leaving the Months Supply of Inventory down 31.6%. The Average Days On Market, or how long it takes to sell an East Baton Rouge home, WAS UP 53%.
Median Sold Price by Month
Feb-12 vs. Feb-13: The median sold price is up 5%
Sold Properties by Month
Feb-12 vs. Feb-13: The number of sold properties is up 38%
Under Contract Properties by Month
Feb-12 vs. Feb-13: The number of under contract properties is up 17%
The Average Days on Market by Month
Feb-12 vs. Feb-13: The average days on market is up 53%
Months Supply of Inventory
Feb-12 vs. Feb-13: The average months supply of inventory is down -31.6%
Supply & Demand by Month
Feb-12 vs. Feb-13: The number of for sale properties is down 15% and the number of sold properties is up 38%
GBRAR MLS NOTE: Based on info from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2012 to 03/26/2013. This information was extracted on 03/26/2013.