Ep. 41 – Market Update: July-2025

Ep. 41 – Market Update: July-2025Keywordsreal estate, market trends, Thibodaux, Houma, inventory, sales, pricing, listings, REALTOR, market update SummaryIn this episode, Ben Harang and Clint C. Galliano provide a comprehensive market update, discussing the latest trends in real estate for Thibodaux and Houma. They analyze the increase in new listings, pending sales, and closed sales, while also addressing the changes in median sales prices and inventory levels. The conversation highlights the differences between the two regions and offers insights into the current state of the market, emphasizing the importance of understanding local dynamics for buyers and sellers alike. Takeaways·         The market has shown a slight uptick in activity.·         New listings have increased year over year by 1%.·         Pending sales are up significantly, indicating a strong market.·         Days on the market have decreased, suggesting quicker sales.·         Median sales prices have remained stable overall.·         Inventory levels are rising, which could affect pricing.·         Thibodaux is experiencing a seller's market with lower inventory.·         Houma's market is still considered a buyer's market.·         The average sales price has seen minimal change.·         Overall, the market is heating up, making it a good time to buy. Sound bites"The market is heating up.""We're still closing properties.""It's the tale of two cities." Chapters00:00 Market Overview and July Update02:54 Comparative Analysis of Listings and Sales05:39 Regional Market Differences: Thibodaux vs. Houma10:57 Trends in Inventory and Pricing16:32 Conclusion and Future OutlookLinks Bayou Board of REALTORS® Market Updatehttps://drive.google.com/file/d/1RsSyAZRTALumpatOizBiBBz5u1SHDmkM/view?usp=sharingHouma Market Update https://drive.google.com/file/d/18x-cn7YJ1_5nGKe9YNC8WXs1ATYoAwxn/view?usp=sharingThibodaux Market Updatehttps://drive.google.com/file/d/1nNQZIrIpLcbEiXuFCI2ZnD2yuIrm6qVb/view?usp=sharing  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.