Abita Springs
Just Listed
(Within the Past Week)
New Construction
Open Houses
SOLD Listings
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Sales Data
The following charts are always up-to-date and interactive! To see the exact figures for each month, on a computer, hover your mouse pointer anywhere over a graph and move it side-to-side; on a mobile device, touch any spot along the red line.
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Pending Sales vs Closed Sales
Pending sales are homes that are under contract. This means the seller has accepted an offer, but the sale has not yet closed. A home goes under contract a month or two before the closing of the sale. Therefore, the pending sales count is a leading indicator of future closed sales.
Pending sales are homes that are under contract. This means the seller has accepted an offer, but the sale has not yet closed. A home goes under contract a month or two before the closing of the sale. Therefore, the pending sales count is a leading indicator of future closed sales.
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Seller’s Market… Buyer’s Market… or Balanced?
The Median Days on Market (MDOM) is the number of days from when a home is listed for sale to when the seller accepts an offer and it goes pending. The Months Supply of Homes for Sale (MSHS) is the number of months it would take to deplete the current inventory of active listings at the current sales rate. Both indicate how fast homes are selling.
Seller’s Market - MDOM < 30 | MSHS < 6
Balanced Market - MDOM = 30-90 | MSHS = 6-7
Buyer’s Market - MDOM > 90 | MSHS > 7
The Median Days on Market (MDOM) is the number of days from when a home is listed for sale to when the seller accepts an offer and it goes pending. The Months Supply of Homes for Sale (MSHS) is the number of months it would take to deplete the current inventory of active listings at the current sales rate. Both indicate how fast homes are selling.
Seller’s Market - MDOM < 30 | MSHS < 6
Balanced Market - MDOM = 30-90 | MSHS = 6-7
Buyer’s Market - MDOM > 90 | MSHS > 7
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