Baton Rouge Real Estate: 2008 Listings Break Through 4000 Barrier And Solds Analysis
By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
http://batonrougerealestateappraisers.com/ - Baton Rouge Real Estate Update: 2008 YTD Listings And Solds Analysis LISTING COMMENTARY January - October 2008 showed a consistent listings inventory above the 4,000 level. November 2008 broke through that 4000 barrier @ 3,989 current listings, A Good Sign of less inventory. During the year 2008, from January - November, the active listings have varied from August being the Highest Month @ 4580 to November being the lowest active listings of 3989, a difference of 591 active listings. The percentage of pending/contingent listings on the market have varied little from 19% - 24 % with 20% being the average rate of pendings to actives. The highest month of listings was August with total listings of 4580, 20% of which were pending/contingent l...
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