Top Mega Teams in Louisiana – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    1The W GroupKeller Williams Realty Red Stick PartnersBaton Rouge, LA 484.0View Profile
    2MAP 2 CAPKeller Williams Realty ServicesMandeville, LA 77.4View 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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