Tuesday, August 14, 2012

Capital Region home sales up again in July

From the Baton Rouge Business Report, Real Estate Weekly:

Home sales in the eight-parish region tracked by the Greater Baton Rouge Association of Realtors have been significantly higher each month this year compared to 2011 figures, and July was no exception. The 731 sales recorded across the Capital Region as of this morning represent a 15.5% increase over the 633 sold in July 2011. Among the largest parishes in the region, Ascension led the increase. The 158 sales there represented a 32% increase over the 120 sold on the month a year ago. In East Baton Rouge Parish, 408 sales were recorded—an increase of 14% over the 357 sales last July. Livingston Parish posted a rare, yet slight, decrease in sales: just the second month this year that has occurred. Ninety-five homes were sold in Livingston in July, compared to 106 in July last year. Sales in the five other parishes lumped into GBRAR's "other" statistical category—West Baton Rouge, Iberville, East Feliciana, West Feliciana and Pointe Coupee parishes—were up to 70 this July, from 50 last year. Seven months through the year, sales across the entire region are up 18.7%—at 4,482. That's 707 more homes sold thus far this year, compared to the 3,775 sold during the seven-month span last year. It's also 9% better than the 4,112 homes sold through July in 2010. Check out the complete July sales figures for yourself here.

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