‘Real Estate Weekly’: Capital Region home sales up again in July

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. Get the full story and access the complete July sales report from the new Real Estate Weekly e-newsletter here.