Buyers Didn't Leave – Sellers Did: South Louisiana May 2026 Market Update | RE: Real Estate Podcast

Buyers Didn’t Leave – Sellers Did: South Louisiana May 2026 Market Update | RE: Real Estate Podcast Content TypeDiscussionPrimary GoalUnderstand whether May 2026’s South Louisiana market favors buyers or sellers – and know what that means for your next move.Keywordssouth louisiana real estate, houma thibodaux housing market, lafourche parish homes for sale, terrebonne parish real estate, bayou board MLS, may 2026 market update, seller's market south louisiana, home inventory 2026, thibodaux real estate, houma home pricesSummaryNew listings in South Louisiana dropped nearly 26% in May 2026 – but buyers didn’t go anywhere. Closings were up 23%, months of supply slid to 6.0, and prices firmed month over month. Clint and Ben break down the Bayou Board numbers and compare Lafourche and Terrebonne parishes side by side.Key Topics•  May 2026 Bayou Board MLS: new listings down 26%, closings up 23%•  Months of supply drops from 8.1 to 6.0 – what the balance threshold means•  Median sales price up 3.1% for the month to $220,500•  Lafourche Parish: tighter, pricier, driven by the Thibodaux market•  Terrebonne Parish: fastest-tightening market in the region – supply down 30.8%•  Days on market: why the board’s 112-day average and RPR’s median tell different stories•  What this market means for buyers, sellers, and owners watching their equity•  Homework: check your block’s supply-demand ratio – not the headlines Title Options•  Is South Louisiana Shifting to a Seller’s Market? May 2026 Data | RE: Real Estate Podcast•  Lafourche vs. Terrebonne: Who’s Tightening Fastest in May 2026? | RE: Real Estate Podcast•  South Louisiana May 2026: Fewer Listings, More Sales, Firmer Prices | RE: Real Estate PodcastSound Bites“Sellers put a quarter fewer homes on the market. Closings are up 23%. Buyers didn’t leave. Homes just got harder to find.”“Six months of supply is the textbook balance line – and we slid right down to it from a much softer eight months a year ago.”“Hesitation will cost more in a tightening market – by the time you decide you want to make a move, that home is probably already under contract.”“Sellers are giving up under four cents on the dollar.”“One month is a snapshot, not a trend.”Chapters00:00  Cold open – fewer listings, more closings01:05  Welcome & episode overview02:21  Three takeaways: supply squeeze, strong demand, diverging parishes03:17  Bayou Board supply numbers – listings & inventory down04:13  Months of supply hits 6.0 – the balance threshold05:27  Pending & closed sales up double digits06:00  Median sales price & affordability index08:21  Lafourche Parish deep dive10:16  Terrebonne Parish deep dive – fastest tightening12:00  Days on market: board vs. RPR – why the numbers differ12:55  What it means for buyers, sellers & owners14:53  Homework: measure your block’s supply-demand ratio15:32  Recap & closingResourcesBayou Board of Realtors: bayouboard.comBayou Board May 2026 Market Report: View Report (Google Drive)Lafourche Parish Market Trends – May 2026: View Report (Google Drive)Terrebonne Parish Market Trends – May 2026: View Report (Google Drive)Louisiana Realtors: larealtors.orgRPR – Realtors Property Resource: narrpr.com Show LinksWebsite: rerealestatepodcast.comYouTube: youtube.com/@REREALESTATEPODCASTFacebook: facebook.com/rerealestatepodcastInstagram: instagram.com/rerealestatepodcastTikTok: tiktok.com/@rerealestatepodcastFind every episode at rerealestatepodcast.com – subscribe wherever you get your podcasts. HostsBen HarangREALTOR® | Keller Williams Realty Bayou PartnersLa. License #: 36589Mobile: 985.859.2500 | Office: [email protected] | benharang.com Clint C. GallianoREALTOR® | Keller Williams Realty Bayou PartnersLa. License #: 995704723Mobile: 985.647.4479 | SMS Hotline: (985) 200-5447Office: [email protected] | SoLahomegroup.com Produced by: Clint Galliano | Music by: Wiggins StudiosClick here to view the episode transcript. Click here to watch a video of this episode.