18 Apr Commercial Sales Report – March 2022

Posted at 08:44h in Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF)

  • Through Q1 2022, the commercial sales market in EBR Parish continues to transact above historical averages in number of sales (118) and dollar volume transacted ($219.6mm).
  • Most sectors of the sales market have seen increases in activity. Multifamily continues to outpace the rest, accounting for 38% of the total volume transacted in Q1 2022 ($84.5mm).
  • Multifamily and Retail are on track to match or outpace their record year in 2021 with $84.5mm and $61.3mm transacted in 2022, respectively.
  • Land sale transactions have decreased compared to 7 year averages and are down 40% vs. 2021 with 18 sales so far in 2022.
  • After the increase in activity post COVID, 12-month trend lines for number of sales and dollar volume are now beginning to plateau as the market follows a similar pace to 2021.
Elifin Realty
marketing@elifinrealty.com
No Comments

Post A Comment

Now Accepting Applications

6 Spots. Fall Apprentice Class Starts Sept 14th.

  • ✦10-week intensive taught by ELIFIN's Sales Manager and top producers
  • ✦A direct path to a full-time agent role with uncapped income
  • ✦For recent grads and final-semester students who want to win, not coast
Apply for the September Class →

Unpaid • High Commitment • High Opportunity