Scot Hughes
504-222-2882
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Jefferson

| New Construction | Foreclosures | Recently SOLD | Sales Data | Market Reports |

Just Listed

 

New Construction

 

Foreclosures

 

Recently SOLD

 

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.
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.
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
 

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My market reports feature all the information above: Just Listed, New Construction, Foreclosures, Recently SOLD and the latest Sales Data, plus my insights on the market, and more! You will always have the latest market information at your fingertips to make the best decisions possible.
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Scot Hughes
Direct: (504) 222-2882

LREC License: BROK.0995686587-ASA
HomeSmart Realty South
3131 N I-10 Service Rd E, Ste 101

Metairie  LA  70002
(504) 908-7653
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Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
HomeSmart Realty South is an independently owned & operated franchise of HomeSmart International, LLC.
​Copyright © 2023, Scot W. Hughes. All rights reserved.​