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In this video of this months Baton Rouge real estate update I share the number of pending sales for each month from February 2010 to today on June 8 2010. Bill Cobb and I discussed the trend and the possible impact of the $8000 tax credit that ended in April 2010. I also go over the sales for each May from 2004 to this past May 2010.

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In the month of February there were 26% less closings than there were in February 2009. This is the second month that sales were down more than 20%. Let’s blame on the unusually clod weather and look ahead to better days as the temperatures warm up.

Here are the numbers:

Active listings for sale in the Greater Baton Rouge real estate market 3489, pending sales 932. I like seeing that number come up from the low 700’s in January. It’s been around 1000 for a long time.

Sold

February 2010-310

February 2009-418

February 2008-449

February 2007-625

February 2006-737

February 2005-562

February 2004-575

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Get an update on Denham Springs homes for sale! You can also get up to the minute updates when a Denham Springs home comes on the market for sale by signing up on our home page.

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