Ascension Parish December 2023 Housing Market Update.pdf
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New listings, pending sales, and closed sales all decreased in 2023 compared to 2022 according to key metrics from the local real estate market. The median sales price increased slightly by 2.6% while days on market and months of inventory increased significantly. Inventory levels remained relatively stable with only a small decrease reported.
Ascension Parish December 2023 Housing Market Update.pdf
- 1. Key Metrics 2022 2023 Percent Change Thru 12-2022 Thru 12-2023 Percent Change New Listings 75 63 - 16.0% 2,102 1,582 - 24.7% Pending Sales 91 71 - 22.0% 1,760 1,307 - 25.7% Closed Sales 135 91 - 32.6% 1,950 1,336 - 31.5% Median Sales Price* $281,745 $289,000 + 2.6% $285,000 $299,135 + 5.0% Percent of List Price Received* 98.9% 98.1% - 0.8% 99.6% 98.5% - 1.1% Days on Market Until Sale 41 61 + 48.8% 27 51 + 88.9% Inventory of Homes for Sale 283 273 - 3.5% -- -- -- Months Supply of Inventory 1.9 2.5 + 31.6% -- -- -- * Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size. December Current as of January 10, 2024. All data from the Greater Baton Rouge Association of REALTORS速 MLS. Report 息 2024 ShowingTime. Percent changes are calculated using rounded figures. All MLS Ascension Parish Local Market Update for December 2023 A Research Tool Provided by the Greater Baton Rouge Association of REALTORS速 Ascension Parish December Year to Date 135 91 Closed Sales 75 63 New Listings $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023 Historical Median Sales Price Rolling 12-Month Calculation - 16.0% - 32.6% 98.9% 98.1% Pct. of List Price Received - 0.8% 1.9 2.5 Months Supply 2022 2023 + 31.6%