Baton Rouge Home Sales Surge – Update

summer homes are selling graphic

Baton Rouge Real Estate Highlights:

  • Existing Home Sales reached their third highest mark this year in May.
  • Inventory for Baton homes for sale has dropped and homes on the market are reduced to days not weeks or months.
  • NAR’s Chief Economist, Lawrence Yun had this to say: “Those able to close on a home last month are probably feeling both happy and relieved. Listings in the affordable price range are scarce, homes are coming off the market at an extremely fast pace and the prevalence of multiple offers in some markets are pushing prices higher.”