💥36% of active listings in Acadiana have had a price drop💥
We’re monitoring stats like these weekly. These stats give us insight into how sellers (and buyers) are adjusting their expectations to the changing market.
📊This graphic shows parish by parish detail. In the bottom right chart, it’s interesting to see the magnitude of the price reductions by parish. For the active listings with price reductions, there’s average reduction of about 8% as compared to the original list price. This a price drop of about $22,000 on a $275,000 house.
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