With St. Charles Parish real estate sales remaining steady and price tags increasing in 2020, it seems as though the housing market in St. Charles Parish experienced minimal negative impacts overall in a year rocked by a worldwide pandemic.
In fact, Luling was recently announced as the healthiest real estate market in Louisiana in the sixth annual study from SmartAsset – a study which measures stability, risk, ease of sale and affordability to determine the top markets.
It was the only city in St. Charles Parish to make the top ten.
Regina Allemand, a realtor with Gardner Realtors, said as of the second week of December there were 441 residential units sold in the parish. Those units sold for an average sales price of $245,000 and stayed an average of 38 days on the market.
Those numbers are in contrast to 2019 sales, in which 480 units sold for an average price of $238,000 and spent 35 days on market.
“It is very similar from last year to this year in the parish as a whole,” Allemand said. “The sales prices have increased a tad – which is probably directly related to the lower interest rates.”
She said Luling continues to be an attractive place to live because of its thoroughfare location.
“It’s between Houma and New Orleans, and with easy access to Metairie and Baton Rouge, it keeps dual-income families working in opposite directions centralized,” Allemand said. “The school system continues to be strong, and great recreation programs make for a great combination for people from all walks of life and age groups.”
Desiree Luquette, a realtor at Latter & Blum, said she is not surprised by the Luling recognition.
“We have steady community growth,” she said. “Our parish has a higher household income than most parishes in the state, and that is combined with great schools and low crime.”
Because Luling has a large number of families with children under the age of 18, Luquette said there are many activities and functions in and around Luling that support community involvement.
“This involvement has a positive social impact on our communities,” she said. “There are many employment opportunities nearby and those jobs are generally higher paying jobs.”
Luquette said she expects the continued, steady growth of the St. Charles Parish market to continue throughout 2021.
For the full SmartAsset report, visit https://smartasset.com/mortgage/mortgage-calculator#louisiana.