Ascension Parish Commercial Real Estate Market Shows Mixed Results in January
February 27, 2025 - 02:23
The Ascension Parish commercial real estate market experienced a promising start to 2025, marked by a rise in sales volume despite a slowdown in deal velocity. According to the latest market report, sales increased by 2.21% in January, reflecting a growing interest in commercial properties within the region. The total dollar sales volume over the trailing 12 months reached an impressive $144.6 million, up from $141.5 million in the previous month.
This uptick in sales volume indicates a robust demand for commercial real estate, suggesting that investors are actively seeking opportunities in Ascension Parish. However, the decline in deal velocity may point to a more cautious approach among buyers and sellers, as they navigate market conditions and potential economic uncertainties.
Overall, the January report paints a picture of a market that is experiencing growth, yet remains vigilant in the face of changing dynamics. Stakeholders will be keen to monitor how these trends evolve in the coming months.
MORE NEWS
August 9, 2025 - 05:35
Fishers, IN, Imposes Limits on Rental Properties to Protect ResidentsIn a bold move to safeguard its housing market, the city of Fishers, Indiana, has enacted new legislation that places a cap on the number of rental properties allowed in the area. Local lawmakers...
August 8, 2025 - 21:41
Rethinking Home Improvements: When Upgrades Go OverboardIn the quest for the perfect home, many homeowners find themselves caught in the allure of constant upgrades. However, the question arises: can you over-improve a house? While enhancing a property...
August 8, 2025 - 02:21
Preparing for Wildfire Season: Essential Fire Safety for HomeownersAs wildfire season approaches, homeowners are encouraged to familiarize themselves with the essential fire safety standards necessary for maintaining their properties. A seminar hosted by local...
August 7, 2025 - 00:03
Elmira's Capriotti Properties Expands with Historic Building Acquisition in Schuyler CountyElmira-based Capriotti Properties has successfully acquired three historic buildings in Schuyler County, marking a significant addition to their portfolio. These buildings, which boast a rich...