How scorching is the real-estate market in Lafourche Parish? House costs rose yr over yr.

The median sale value for a single-family dwelling in Lafourche Parish throughout October was $198,000. That is a rise of 8.8% in contrast with October 2020, in keeping with a USA TODAY Community localized evaluation generated with knowledge from Realtor.com.

The variety of homes offered fell by 18.9% from a yr earlier. A complete of 77 homes have been offered parishwide through the month of October. Throughout the identical interval a yr earlier, 95 single-family properties have been offered.

Extra: How scorching is the real-estate market in Terrebonne Parish? House costs rose yr over yr.

Actual property gross sales can take weeks or months to be recorded and picked up. That is the newest knowledge made obtainable by way of Realtor.com to the USA TODAY Community.

How scorching is Lafourche Parish’s actual property market in Louisiana?

Data in your native housing markets is out there by way of the USA TODAY Community, with extra knowledge from Realtor.com.

The highest 10% of the properties offered had costs of at the least $320,000, down 1.5% from a yr earlier than.

In October, no properties offered for $1 million or extra.

The median dwelling sale value — the halfway level of all the homes or models offered over a time period — is used on this report as an alternative of the common dwelling sale value as a result of specialists say the median gives a extra correct view of what is taking place in a market. Find the common value, all costs of properties offered are added after which divided by the variety of properties offered. This measure may be skewed by one low or excessive value.

The USA TODAY Community is publishing localized variations of this story on its information websites throughout the nation, generated with knowledge from Realtor.com. The story was written by Sean Lahman.

This text initially appeared on Each day Comet: Lafourche Parish’s common dwelling offered for a better value yr over yr

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