DOWNLOAD FULL REPORT (PDF) Activity in the commercial sales market continues to increase as Q1 2021 ends. The number of overall sales transactions is up 49% over the previous 6-year average and the total $ volume is up nearly 98%. With 9 multifamily sales in March 2021, the Multifamily sector is now up 100% over previous YTD figures. Total...
DOWNLOAD FULL REPORT (PDF) Through February 2021 the total number of commercial sales and total dollar volume of commercial sales are both up 40% over the previous 6-year averages, signaling a strong start to 2021. Compared to this time in 2020, the number of commercial sales in 2021 is up 36% and the total dollar volume transacted is up 63%. ...
DOWNLOAD FULL REPORT (PDF) A total of $45m was transacted in commercial sales volume in January 2021 in East Baton Rouge Parish, compared to $25.2m at this time last year–an increase of 78%. Commercial sales activity was up 48% in January 2021 compared to the average year-to-date figures over the previous 6 years. The Industrial sector saw a significant increase in activity (+223%)...
DOWNLOAD FULL REPORT (PDF) December 2020 brought the total number of commercial sales in EBR Parish to 370, narrowly edging out 2019's total sales number of 368 and closing out 2020 only 1.70% down from the 5-year moving average. The overall dollar volume of commercial sales in 2020 saw a 15.1% decrease from 2019. Transactions in December 2020 lifted the total $ volume...
DOWNLOAD FULL REPORT (PDF) The number of all commercial sales is in line with the historical average at 330 YTD 2020 (down only -3.28% from the average YTD over the last 5 years). Dollar volume of all commercial sales is at a 5-year low at $369.6 million YTD 2020 (down -31.25% from the average YTD over the last 5 years). Land sale volume...
DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase 3 of reopening throughout the month of October. The number of commercial property sales was up 57% month over month, with 44 sales in October 2020 compared with 28 sales in September 2020. While we have seen a decrease in activity overall and across the multifamily, office, and land sectors, the average price per...
DOWNLOAD FULL REPORT (PDF) Louisiana moved forward to Phase 3 of reopening on September 11. The number of all commercial property transactions is still lower than the year to date total compared to the previous five years. During the first eight months of 2020, the office sector had seen an overall decrease in activity. Compared to August, the number of office sales...
DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase Two of the federal government’s plan for reopening throughout the month of August. Dollar volume of sales for all commercial property transactions year to date is currently 18.79% lower than the previous 5-year low in 2016. Throughout the pandemic, the number and dollar volume of retail transactions has remained notably higher than previous years....
DOWNLOAD FULL REPORT (PDF) Louisiana remained in “Phase Two” of the federal government’s plan for reopening throughout July. The total dollar volume of commercial sales year to date is currently 18.5% lower than the previous 5-year low in 2016. Year to date sale velocity is lower than previous years, but the number of commercial transactions has increased by 50% between June and...
DOWNLOAD FULL REPORT (PDF) As May turned to June and the Louisiana heat arrived in full effect, the state moved into "Phase Two" of the federal government's plan for reopening. While this reopening progress coincided with a slight uptick in sale transactions and total dollar volume month over month, trepidation remained among many investors and the overall business community. As noted in...