Top Large Teams in Louisiana – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1The Tammi Montgomery TeamRE/MAX Real Estate ServicesBossier City, LA$117,876,302View Profile
2Team SmithThe Market Real Estate CoBaton Rouge, LA$98,019,654View Profile
3Team LytleAlly Real EstateBossier City, LA$66,402,754View Profile
4Red Star TeamKeller Williams Realty AcadianaLafayette, LA$53,787,666View Profile
5Shane Wooten LLCKeller Williams Realty Parishwide PartnersMonroe, LA$48,591,297View Profile
6Lana Soileau & AssociatesKeller Williams Realty AcadianaLafayette, LA$28,862,524View Profile

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2022 Market Summary

Louisiana started 2022 with a total of 5,562 single-family homes on the market, with a median home price of $263,700 and an average price per square foot of $147. By the end of the year, inventory had increased to 9,221 homes on the market (+65%), with a median home price of $280,000 (+6%) and an average price per square foot of $158 (+7%).

At the start of 2022, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 91 days.

Louisiana started the year with 26% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 38% of Louisiana homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Louisiana started 2022 as a seller’s market, with an MAI score of 42; by the end of the year, the MAI had dropped to 28 – a buyer’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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Louisiana News

Investors are buying more, but spending less 

Oct 22, 2021By

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data.