The holiday season typically brings a slowdown to the real estate market, as buyers and sellers shift their focus to holiday celebrations and travel. This trend was evident across the Greater Baton Rouge area, with East Baton Rouge, Ascension, and Livingston Parishes all experiencing reduced activity in December. The shorter time frame between Thanksgiving and Christmas this year compounded the usual seasonal slowdown, leaving less time for buyers to shop for homes and for sellers to prepare their properties for the market. As a result, fewer contracts were signed, and homes stayed on the market slightly longer than in more active months.
Ascension Parish, in particular, felt the impact, with its median sales price dropping 8.8%, marking the most significant decline in the region. Despite this, Ascension’s inventory remains relatively tight, with a 3.6-month supply of homes currently available and a median list price of $375,000. In comparison, East Baton Rouge and Livingston Parishes saw smaller fluctuations in prices, with their list-to-sales price ratios holding steady at 97.6% and 98.0%, respectively. While holiday slowdowns are expected, the start of the new year typically brings renewed activity as buyers and sellers return to the market, setting the stage for a potential rebound.
Now, let’s take a look at how the three larger parishes in the Greater Baton Rouge area performed.
Ascension Parish Real Estate
December 2024 in Ascension Parish saw a drop in the median price of detached single-family homes to $305,175. With 113 homes closing in December, the volume rose slightly. Out of those homes closed, they were on the market for a median of twenty-seven days, and the list price-to-sales price ratio was 98.8%. There was also a drop in 56 homes to go under contract.
Currently, 382 homes are on the market, with a median list price of $375,000. This equals a 3.6-month supply of homes in Ascension Parish.
East Baton Rouge Parish Real Estate
December 2024 in East Baton Rouge Parish saw a median price of $275,000 for detached single-family homes. Out of the 317 homes closed in December 2024, they were on the market for a median of thirty-six days, and the list price-to-sales price ratio held steady at 97.6%. There were 235 homes to go under contract, showing the slower holiday downward trend.
There are currently 1305 homes on the market, with a median list price of $312,000. This equals a 3.9-month supply of homes in the East Baton Rouge Parish market.
Livingston Parish Real Estate
In December 2024, Livingston Parish saw a median sales price of $239,900 for detached single-family homes. Out of the 117 homes closed in December 2024, they were on the market for a median of forty-four days, and the list-to-sales price ratio was 98.0%! There were 87 homes to go under contract in December 2024.
There are currently 472 detached single-family homes on the market, with a median list price of $275,000. This equals a 3.7-month supply of homes in the Livingston Parish market.
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Join us next month as we review the Greater Baton Rouge Real Estate Market for January 2025.
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* All data gathered using ROAM MLS as of
January 04, 2025
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