Livingston Parish Home Sales Stats 2013 to 2016

Livingston Parish Home Sales Stats 2013 to 2016 and have Livingston Parish home sales price DECLINED since the flood?

Prepare for home price spikes!

From 2013 to 2016, Livingstonge home sales have generally increased from 1498 in 2013 to 1947 in 2016 or 30%. The median days on market or time it takes to sell a home has declined from 54 days to 31 days. And, after the flood, flooded-renovated homes are generally selling in under 10 days. Sold price per square foot has risen from $97 in 2013 to $106 in 2016.

Includes Detached Single Family, Attached Single Family and Manufactured Housing

Livingston Parish Home Sales 2013 to 2016

 

Livingston Parish House Sales 2013 to 2016

 

Have Livingston Parish home sales price DECLINED since the flood?

Absolutely as median sales price declined from $165,000 to $156,000 since January 1 2016 because of the $40K to $100K sales prices of flooded-gutted homes. However, sales prices of flooded-renovated Western Livingston Parish homes would blow your mind. It’s as if today’s post-flood home buyers don’t have any context as to what homes were worth pre-flood…and some of the problems inside subdivisions like Shadow Springs. This is in part due to low inventory, not enough homes available to purchase, and lack of homes or apartments available to rent. This is driving buyers to desparation and some are OVER PAYING for local housing.

Livingston Parish Median Sales Prices 2016

 

Based on infor from Greater Baton Rouge Association of REALTORS®\MLS 1/1/2013 to 12/31/2016, extracted on 02/21/2017.

Related Posts Plugin for WordPress, Blogger...