Area home sales down 12% from 2008

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The number of homes sold in the Capital Region during the first nine months of the year is down 12% from 2008. According to the Greater Baton Rouge Association of Realtors Multiple Listing Service, last year there were 5,930 houses sold through September, compared with 5,231 this year through September. The average sale price was down from $204,396 through the first three quarters of 2008, to $193,448 in the first three quarters of this year. Ascension Parish had an increase in home sales over 2008, with 967 houses sold in the first nine months of last year, compared with 981 this year through September. Home sales were down 16% in East Baton Rouge, from 3,644 to 3,066; in Livingston, sales were off 7%, from 944 to 878.

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