14 Aug Commercial Sales Report – July 2020

Posted at 12:00h in Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

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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 July. This is an encouraging sign that should reassure investors persevering through the COVD-19 pandemic.

Elifin Realty
marketing@elifinrealty.com
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