2008 End of Year Real Estate Stats
Finally, the stats are in for 2008. Remember, I am running stats only on East Baton Rouge, Ascension, and Livingston combined. The good news is, just as I have sid all year, our average sales price has gone up, but due to the number of homes on the market, the homes are taking longer to sell and the list to sales price has gotten a little lower. Still a strong market but we need to keep a careful eye on it so that if it should start to behave like rest of the country, we will be the first to know!!!
Due to our local economy being so strong, it has been suggested that we might be out of the recession by the 2nd quarter THIS year! You know, they always say you don't know when you are in a recession until you are coming out. Hope that is true for our country.
Now for the numbers you have been waiting for:
Year Ave Sales Price Days on Market List/Sales Price
2008 $202,998 92 97.58
2007 $197,313 60 98.4
2004 $145,250 82 98.38
The Pat Wattam Teams Sales in 2008 EXCEEDED 2007!!
