Ep. 36 - Market Update: Jun-2025
Ep. 36 - Market Update: Jun-2025
Keywords
real estate, market update, Bayou Board, Houma, Thibodaux, buyer's market, seller's market, median sale price, inventory, real estate trends
Summary
In 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."
Chapters
00:00 Market Overview and Current Trends
02:40 Detailed Analysis of Bayou Board Statistics
05:15 Micro Market Insights: Houma vs. Thibodaux
09:37 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
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by Clint Galliano
Creators and Guests
Host
Ben Harang
Ben Harang brings over 30 years of experience as a licensed agent and currently works with Keller Williams Realty Bayou Partners. Ben’s experience includes single family residential sales, large land sales, subdivision development, building new construction residential and commercial projects and selling REO/Foreclosed properties.
Host
Clint C. Galliano
Clint Galliano, who’s been an agent since 2020 & an investor since 2008, also with Keller Williams Realty Bayou Partners. Clint’s experience includes residential sales, residential rentals, property management, and various avenues of investing.
