Housing Inventory: Median Days on Market in Louisiana
MEDDAYONMARLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.00
Year-over-Year Change
7.35%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Days on Market in Louisiana' trend measures the typical number of days a home is listed for sale before being sold in the state of Louisiana. This metric provides insight into the balance between housing supply and demand.
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 median number of days that residential properties in Louisiana remain on the market before being purchased. It is an important indicator of housing market conditions and can signal changes in buyer demand, seller expectations, and overall market tightness.
Methodology
The data is collected and calculated by the National Association of Realtors using listings and sales information from its member brokerages.
Historical Context
This trend is closely watched by real estate professionals, investors, and policymakers to gauge the health and direction of the Louisiana housing market.
Key Facts
- The median days on market in Louisiana was 40 days as of the most recent data.
- Homes sold faster in Louisiana compared to the national median of 50 days.
- The days on market trend has steadily declined in Louisiana since the housing market recovery.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Days on Market in Louisiana' trend measures the typical number of days a home is listed for sale before being sold in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the balance between housing supply and demand, which is a key indicator of the health and direction of the Louisiana real estate market.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the National Association of Realtors using listings and sales information from its member brokerages.
Q: How is this trend used in economic policy?
A: This trend is closely watched by real estate professionals, investors, and policymakers to gauge the health and direction of the Louisiana housing market.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with typical delays of 1-2 months.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market in Louisiana (MEDDAYONMARLA), retrieved from FRED.