Ep. 36 - Market Update: Jun-2025

Ep. 36 - Market Update: Jun-2025Keywordsreal estate, market update, Bayou Board, Houma, Thibodaux, buyer's market, seller's market, median sale price, inventory, real estate trends SummaryIn this episode, Clint C. Galliano and Ben Harang provide a comprehensive market update for the Bayou Board of Realtors, focusing on residential properties. They discuss current trends, statistics, and insights into specific micro markets like Houma and Thibodaux. The conversation highlights the shift towards a buyer's market, the implications of inventory levels, and strategies for buyers and sellers in the current real estate landscape. Takeaways·         New listings are up both month-over-month and year-to-date.·         The market is trending towards a buyer's market overall.·         Median sale prices vary significantly between different areas.·         Houma has a higher median sold price compared to the overall board.·         Thibodaux shows a tighter inventory and higher demand.·         The average sale price has increased slightly year-to-date.·         Days on the market have increased, indicating a slower pace.·         Buyers may find better deals in Houma than in Thibodaux.·         It's essential to work with the right agent to navigate the market.·         The podcast aims to educate buyers and sellers about current market conditions. Sound bites"The market has slowed a little bit.""We're trending as a buyer's market.""It's always a good time to buy." Chapters00:00 Market Overview and Current Trends02:40 Detailed Analysis of Bayou Board Statistics05:15 Micro Market Insights: Houma vs. Thibodaux09:37 Buying Strategies in Current Market Conditions  Hosts Ben Harang, REALTOR® La. License #: 36589 Keller Williams Realty Bayou Partners Mobile: 985.859.2500 Office: 985.262.4400 [email protected]  Clint C. Galliano, REALTOR® La. License #: 995704723 Keller Williams Realty Bayou Partners Mobile: 985.647.4479 Office: 985.262.4400 [email protected]  Produced by Clint Galliano Music by Wiggins StudiosClick here to view the episode transcript. Click here to watch a video of this episode.