Thursday, July 9, 2009

Mid Year Real Estate Market Report 2009

The following report consists of residential properties reported to the MLS by all real estate companies in the Acadiana area. These are excerpts from Van Eaton & Romero's report. To view the report in it's entirety, please email me at

Closed Sales January to June: 1476 18.60% decrease from 2008

Average Days of the Market: 105 17 day increase from 2008

Average Sales Price: $176,726 2.09% increase from 2008

List to Sold Price Ratio: 96.78% 2.35% increase from 2008

Pending Sales Jan. to June: 1872 7.35 decrease from 2008

New Listings Jan. to June: 2936 11.25% decrease from 2008

In comparison with the other 80 companies in Acadiana, Van Eaton & Romero sells 25.56% in number of total sides and 32.29% in total dollar volume, making them #1 in Acadiana.

Based on solds in all of Acadiana on either side, reported to MLS:

#1-Van Eaton & Romero 753 sides $168,201,944 volume
#2-Coldwell Banker Pelican 474 sides $ 81,731,519 volume
#3-Era Stirling Properties 199 sides $ 40,142,579 volume

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