Receive the Latest Local Market Stats
Every month Crest Realty will review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price, and square footage of each home sold and so much more. We’d love to invite you to do the same!
Get Local Market Reports Sent Directly to You
You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active, and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.
Crest Realty can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.
Louisiana Real Estate Market
Trends & Analysis
Driven primarily by the energy sector in recent years, the economy of Louisiana has seen modest gains. As a result, the Louisiana real estate market has managed to tread water for the time being. While housing indicators have improved, there is still plenty of ground to make up. There is, however, one factor working heavily in favor of real estate in Louisiana: affordability. With a median home value well below the national average, it is considerably more affordable to own in most of Louisiana than it is to rent. As a result, there is plenty of demand, which bodes well for local real estate investors. Those who get in sooner rather than later may find they are simultaneously able to acquire great deals with attractive profit margins.