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How hot is the real estate market near Monroe? Home prices fall below $188K

Posted on April 18, 2022 by Catherine G. Pinion

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A home listed for $269,900 stands Wednesday, March 2, 2022, along Graafschap Road in Holland.

A residence detailed for $269,900 stands Wednesday, March 2, 2022, along Graafschap Road in Holland.

The median income price tag for a one-loved ones dwelling in Ouachita Parish throughout January was $187,500. That is a minimize of 6.2% in comparison with January 2021, in accordance to a United states of america Now Network localized examination generated with facts from Realtor.com.

On a year-about-yr foundation, solitary-spouse and children household rates just started falling. January costs are down from $195,999 the former thirty day period.

The range of residences marketed fell by 18.6% from a yr previously. A complete of 92 residences were being marketed parishwide all through the month of January. Through the exact same period of time a year previously, 113 single-family members houses ended up marketed.

True estate gross sales can choose months or months to be recorded and collected. This is the most current info produced accessible through Realtor.com to the United states These days Network.

How very hot is Ouachita Parish’s serious estate market place in Louisiana?

Facts on your regional housing marketplaces is out there by way of the United states of america These days Community, with more information from Real estate agent.com.

In Ouachita Parish the prime 10% of the houses marketed had prices of at least $350,000, up 7.7% from a 12 months in advance of.

In January, no attributes offered for $1 million or a lot more.

The median house sale cost — the halfway point of all the properties or models offered around a period of time of time — is employed in this report instead of the regular property sale cost mainly because industry experts say the median presents a more exact perspective of what’s taking place in a market. In locating the ordinary price tag, all charges of homes marketed are added and then divided by the amount of properties marketed. This measure can be skewed by 1 reduced or large price tag.

The United states These days Community is publishing localized versions of this story on its information web-sites across the region, generated with information from Real estate agent.com. Localized variations are produced for communities exactly where the info top quality and transaction quantity satisfies Realtor.com and United states of america Now Network requirements. The story was published by Sean Lahman.

This post initially appeared on Monroe Information-Star: Ouachita Parish’s average household offered for a decrease selling price year around year

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