Housing Inventory: Average Listing Price Month-Over-Month in Louisiana
AVELISPRIMMLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.28
Year-over-Year Change
-72.82%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the month-over-month change in average listing prices for housing in Louisiana. It provides insight into the supply and demand dynamics of the state's real estate market.
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
The Housing Inventory: Average Listing Price Month-Over-Month in Louisiana indicator tracks the change in average home listing prices across Louisiana on a monthly basis. This metric is used by economists and policymakers to gauge housing market conditions and consumer demand trends in the state.
Methodology
The data is collected and calculated by real estate market analysts using a proprietary methodology.
Historical Context
This indicator is closely monitored by housing industry stakeholders, real estate investors, and policymakers to inform decisions and policy.
Key Facts
- Louisiana home prices rose 3.2% month-over-month in April 2023.
- Inventory of homes for sale in Louisiana decreased by 7.1% year-over-year.
- The average listing price in Louisiana is currently $325,000.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the month-over-month change in average listing prices for homes across the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the supply and demand dynamics of Louisiana's housing market, which is crucial information for real estate professionals, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate market analysts using a proprietary methodology.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by housing industry stakeholders, real estate investors, and policymakers to inform decisions and policy related to the Louisiana real estate market.
Q: Are there update delays or limitations?
A: The data is updated monthly, with a typical 4-6 week delay between the end of the reference period and the public release of the information.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price Month-Over-Month in Louisiana (AVELISPRIMMLA), retrieved from FRED.