In June 2024, the real estate market across Ascension Parish, East Baton Rouge Parish, and Livingston Parish demonstrated varied dynamics in pricing, market duration, and inventory levels. Ascension Parish saw a rise in the median price of detached single-family homes to $347,650, with homes staying on the market for a median of twelve days and a 98.2% list price-to-sales price ratio. In East Baton Rouge Parish, the median price was $296,102, with homes on the market for a median of sixteen days and a 97.8% list price-to-sales price ratio. Livingston Parish reported a median sales price of $240,000, with homes on the market for a median of twenty-two days and an impressive 99.0% list price-to-sales price ratio.
Seasonal trends show a consistent increase in real estate activity during the summer months, as many families prefer moving during this period to coincide with the school break, leading to higher transaction volumes and potentially elevated prices. The steady list price-to-sales price ratios across the parishes indicate stable market conditions, while inventory levels and months’ supply reflect varying degrees of buyer and seller activities in these regions.
Ascension Parish Real Estate
June 2024 in Ascension Parish experienced a rise in median price of $347,650 for detached single-family homes. With 121 homes closing in June, the volume stayed steady. Out of those homes closed, they were on the market for a median of twelve days, and the list price-to-sales price ratio remained steady at 98.2%. There were 108 homes to go under contract.
There are currently 371 homes on the market, with a median list price of $383,999. This equals a 3.7-month supply of homes in Ascension Parish.
East Baton Rouge Parish Real Estate
June 2024 in East Baton Rouge Parish saw a median price of $296,102 for detached single-family homes. Out of the 381 homes closed in May 2024, they were on the market for a median of sixteen days, and the list price-to-sales price ratio held steady at 97.8%. There were 329 homes to go under contract, showing a continued downward trend.
There are currently 1328 homes on the market, with a median list price of $339,900. This equals a 4-month supply of homes in the East Baton Rouge Parish market.
Livingston Parish Real Estate
In June 2024, Livingston Parish saw a median sales price of $240,000 for detached single-family homes. Out of the 156 homes closed in May 2024, they were on the market for a median of twenty-two days, and the list-to-sales price ratio was 99.0%! There were 123 homes to go under contract compared to 143 in May 2024 and 137 in June 2023.
There are currently 549 detached single-family homes on the market, with a median list price of $280,000. This equals a 3.8-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 July 2024.
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* All data gathered using ROAM MLS as of
July 8, 2024
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