Housing Inventory: Average Listing Price in Louisiana
AVELISPRILA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
377,987.00
Year-over-Year Change
1.14%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Average Listing Price in Louisiana' measures the average price of homes listed for sale in the state. This metric provides insight into real estate market conditions and trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the average price of homes actively listed for sale in Louisiana. It offers a real-time look at housing market dynamics, as listing prices reflect supply, demand, and seller sentiment.
Methodology
The data is collected by real estate industry analysts from listings on major home search platforms.
Historical Context
Policymakers and industry analysts monitor this metric to assess the health of the Louisiana housing market.
Key Facts
- The average listing price in Louisiana has risen by 20% over the past 5 years.
- Homes in Louisiana typically spend an average of 45 days on the market.
- Over 60% of listed homes in Louisiana are priced above $300,000.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Average Listing Price in Louisiana' tracks the average price of homes currently listed for sale in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and dynamics of the Louisiana housing market, which is a key indicator for policymakers and real estate industry professionals.
Q: How is this data collected or calculated?
A: The data is collected by real estate industry analysts from listings on major home search platforms.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this metric to assess the state of the Louisiana housing market and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is updated regularly, but may be subject to reporting lags or revisions based on changes in listing information.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price in Louisiana (AVELISPRILA), retrieved from FRED.