20 Livingston Parish 2013 Home Sales Facts
Here are Twenty (20) quick statistics for the Livingston Parish Louisiana Housing Market for all of 2013 and considering that Interest rates went up over 1% in 2013. The information below is for ALL type property types. Includes The Top 20 Best Selling Subdivisions.
1.) Total Number of Ascension Parish Home Sales 1494.
2.) Number of Sales increased by 227 or +18%, from 1267 in 2012 to 1494 in 2013.
3.) Dollar Sold Volume increased by 27% rounded, $193,851,782 in 2012 versus $245,571,347 in 2013.
4.) Average sales price INCREASED 7% or $11,371 in 2013, $153,000 in 2012 to $164,371 in 2013.
5.) Median sales price INCREASED in 2013 4.3% or $6,395, $146,500 in 2012 to $152,895 in 2013.
6.) Average price per square foot INCREASED $5/SF OR 6% in 2013, $87/sf in 2012 versus $92/sf in 2013.
7.) Total Number of NEW Home Sales 350.
8.) New Home Sales Make Up 23.4% of ALL sales.
9.) Number of Distressed Home Sales were 297 in 2013 or 20% Of ALL Sales.
10.) Distressed Sales DECREASED Sligtly by 5 Sales or -1.7% in 2013, from 302 in 2012 to 297 in 2013.
11.) Days on market it takes to sell a home improved by 14 days, averaging 113 days in 2013.
12.) Homes Sold For 98% Of Listing Price, same in 2012.
13.) Cash Sales made up 18% of ALL sales in 2013 or 264 sales.
14.) FHA sales INCREASED 7% despite FHA implementing Permanent Mortgage Insurance for the life of the loan, 241 sales in 2012 versus 257 sales in 2013.
15.) Foreclosure Sales DECREASED by 16% in 2013, 282 in 2012 versus 238 in 2013.
16.) Number of Home Sales Over $250,000 136 or 9% of all sales.
17.) Number of Home Sales Over $400,000 27 or 2% of all sales.
18.) Lowest Sales Price $20,000.
19.) Highest Sales Price $1,612,500.
20.) Top 20 Selling Subdivisions in 2013, Read Them Here:
Most Active Livingston Parish Subdivisions 2013 Report
BONUS FACT:
Going into 2014, there are 218 Pending Listings, which is a good sign for Livingston Parish Louisiana economy, furniture sales, home improvement center sales, etc..
NOTE: Many of the percentages were rounded to nearest whole number.
NOTE: Distressed Sales are Auction, Third Party, Foreclosure, REO, Corporate Relocation, Short Sale, Estate, Lis Pendens, Court Approved Sales.
NOTE: Average Days On Market I’m reporting is Average Continuous Days On Market.
GREATER BATON ROUGE REAL ESTATE DATA NOTE:
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2012 to 12/31/2013, extracted on 02/05/2014.