March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Louisiana for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Louisiana where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Louisiana the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Louisiana, the hottest-selling market is Terrebonne Parish, where the MarketPulse Score is 93 and the median sales price comes in at $215,000 with 45 homes sold.
On the flip side, St. Tammany Parish sits at the bottom of the market with a MarketPulse Score of 82 with 152 homes sold.
Hottest Markets in Louisiana
1. Terrebonne Parish. MarketPulse Score of 93
2. Lafourche Parish. MarketPulse Score of 92
3. Livingston Parish. MarketPulse Score of 91
4. Lafayette Parish. MarketPulse Score of 90
5. Ouachita Parish. MarketPulse Score of 89
For more information about the Louisiana market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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