This analysis is of the West Baton Rouge home sales data between 2022 and 2023 has yielded the following insights:

1. Number of Sales: The number of sales in 2022 was 360 vs 229 in 2023, a decline of 131 and -36 percent.
2. Median Sold Price: There was a decrease from $259,000 in 2022 to $240,000 in 2023.
3. Median Sold Price per SQFT: There was a slight decrease from $147.36 in 2022 to $145.63 in 2023.
4. Increase or Decrease in Median Sold Price: Median sold price decrease from 2022 to 2023 or -7.3 percent.
5. Increase or Decrease in Median Sold Price per SQFT: Median sold price per square foot from 2022 to 2023 or -1.17 percent.
6. Median Living Area Size: The median living area size decreased from 1779.5 sqft in 2022 to 1675 sqft in 2023.
7. Days On Market was 3 in 2022 vs 24 in 2003, an increase of 700 percent.
   
   

Redfin West Baton Rouge Housing Market

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West Baton Rouge December 2022 vs December 2023 Home Sales Stats

Closed Sales in December 2023 declined from 37 in 2021 to 27 in 2022 (-27%) to 23 in 2023 (-14.8%).

Median Sold Prices in December declined from $259,000 in 2022 to $240,000 in 2023 (-7.3%).

Median Sold Price Per SqFt in December 2023 declined from $147 in 2022 to $146 in 2023 (-0.7%).

Pending Listings in December 2023 declined from 309 in 2022 to 2360 in 2023 (-23.6%).

Days On Market in December 2023 increased from 3 in 2022 to 22 in 2023 (+633.3%).

Months Supply of Homes For Sale in December 2023 increased from 1.9 in 2022 to 2.8 in 2023 (+47.4%).

Dollar Volume of Closed Sales COLLAPSED in December 2023 from $96,864,054 in 2022 to $55,888,844 in 2023 (-42.3%).

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West Baton Rouge Pre-Listing Home Appraisals

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Data Source: Based on the available data from the Local Market Update for December 2023 provided by the Greater Baton Rouge Association of REALTORS® ROAM MLS.

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