Home sales are looking up just a little bit in Southwest Louisiana. A report by the H.C. Drew Center for Economic Development Information indicates 104 single family homes sold in August at an average price of $149,228. That’s 1.5% higher than the average sales price during the same month a year ago. Same-month comparisons show average sales prices were also higher in five out of the first eight months of 2009. Year-to-date comparisons, however, show the number of single family home sales and the total dollar volume were down more than 21% compared to the same eight-month period in 2008. Sales volume was $130.7 million in the first half of 2009 compared to $166.4 million in the first half of 2008. To see the Southwest Louisiana Economic Indicator Reports, click here.
Home sales show slight increase in Southwest Louisiana
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