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June 2023 – Market Update St. Tammany

St. Tammany Parish Real Estate Market Update – June 2023

The real estate market in St. Tammany Parish is thriving, and we have the latest numbers to prove it. In May 2023, there were 486 new listings, providing ample opportunities for homebuyers to find their dream homes. The average sales price stood at $357,262, reflecting a strong and competitive market.

With approximately 2.3 months of inventory, buyers need to act swiftly to secure their desired properties. On average, homes spent only 36 days on the market, emphasizing the high demand for housing in the area.

During this period, the average sales price reached $347,873, highlighting the value of properties in St. Tammany Parish. A total of 339 homes were sold, indicating a robust and active real estate market.

Whether you’re a buyer or seller, these figures demonstrate the importance of staying informed and working with a knowledgeable real estate professional to navigate this dynamic market.

For more detailed insights and personalized guidance on buying or selling a home in St. Tammany Parish, reach out to our team at 985-807-1117. We are here to help you make the most informed decisions in this exciting real estate market.

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