Demand for homes soars in Terrebonne and Lafourche

It’s a superior time to market a home in Terrebonne and Lafourche.   With a lower

It’s a superior time to market a home in Terrebonne and Lafourche.  

With a lower stock and substantial need, price ranges for households are soaring.  

“We’ve been really fast paced article-COVID,” said Thibodaux real estate agent Jeff Donnes. “It likely started in the 3rd quarter past calendar year and has gotten progressively more robust for the sellers. It’s gotten to a level not long ago where we imagine it’s come to be a seller’s market. There is a shortage of supplies and deficiency of inventory.” 

According to the Bayou Board of Realtors, there are at present 327 lively household listings in Terrebonne and Lafourche with a median value of $217,500 and an common price tag of $311,906. The median is the midpoint – meaning 50 percent the rates are bigger and half decreased.