Friday, August 7, 2015

Baton Rouge Housing Market Update June 2015

Baton Rouge Housing Market Update

       Cindy Fekete - Louisiana Homes and Land Group Keller Williams
Realtor® since 2007

The Baton Rouge housing market is making a shift into a seller's market. Buyers are taking full advantage of the low interest rates, however the rates are projected to increase by the end of the 2015 year.  When considering either selling or buying a home, it’s important to be aware of what’s happening in this ever changing market. Recent Baton Rouge Housing Reports show that the median price in June 2015 was $190,000, which is nearly 3% higher than last year. The number of closed sales is up by 10.6% from last year. Baton Rouge residents are starting to see their local inventory drop fairly quickly. Contact the Louisiana Homes and Land group today to find out what your home is worth in today's market. 225-366-8656

Post courtesy of the Louisiana Homes and Land Group at Keller Williams Red Stick Partners 

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