Where are we in our Baton Rouge Real Estate market? Below is a look at today back a year. I have the numbers for Active listings on the market for sale, Pending sales waiting to close as well. I also have the number of sales in December of each year back to 2004.
The active listings on the market in Jan 09 were 3592 and the pending were 657.
As the year progressed the Active inventory increased to stay at about 3650 at any given time and the went to around 1000-1100 until December 09 the Pending went to 850 and then now on 1/4/10 it’s at 712.
What I think will be interesting to watch is to see how much the Active and Pending inventory bounce back and where they stay.
December 09 Sales-454
December 08 Sales-461
December 07 Sales-537
December 06 Sales-798
December 05 Sales-808
December 04 Sales-655
