The Greater Baton Rouge Real Estate Market continues to thrive.  Interest rates are remaining low and I believe that has helped our market to stay strong.

STATISTICS:                                    Jan/Feb 2006                                             Jan/Feb 2007

Number of New Listings:                             2244                                                           2371

Number of Pending Sales:                          2325                                                          1830

Number of Sold Properties:                         1624                                                          1128

Average Day on Market:                                    79                                                                67

Average Sales Price:                             $170,186                                                   $189,446

The main thing I noticed is that the avearage sales price moves up and down quite a bit each month, and that the number of Listings remains steady.  If you are curious about what the value of your home is - a generic market analysis by subdivision - go to www.housevaluesbatonrouge.com.