Baton Rouge area home sales up in June

 

The Associated Press

Home sales in metro Baton Rouge increased by 3.3 percent in June, despite a sales drop in East Baton Rouge Parish, the largest local market.

The Greater Baton Rouge Association of Realtors reports Thursday there were 880 home sales that closed in June in the nine-parish area.

That compares with 852 closed sales in June 2013.

The biggest monthly gainer was Livingston Parish, where sales were up 28.8 percent from 125 to 161. Ascension Parish had a 3.1 percent sales gain from 159 sales in 2013 to 164.

The Advocate reports (http://bit.ly/1t9gqDu ) sales in East Baton Rouge Parish were down by 5 percent in June, going from 503 to 478 over the year.

The median sales price was up 4.8 percent from $177,900 to $186,500 last month.

The average number of days a home was on the market was unchanged at 81.

But the number of homes for sale fell 8.8 percent to 4,017. The supply in months was 5.3, compared with 6.4 in 2013.

The number of new listings on the market was up 12.9 percent from 1,181 in 2013 to 1,333.

Through the first half of the year, there were 4,390 home sales in the metro area, compared with 4,258 through June 2013, a 3.1 percent increase.

Information from: The Advocate, http://theadvocate.com

Read more Breaking News - Business stories from the Miami Herald

Miami Herald

Join the
Discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category