Is the Houma-Thibodaux Housing Market Tightening This August? | RE: Real Estate Podcast

Is the Houma-Thibodaux Housing Market Tightening This August? | RE: Real Estate Podcast   Episode Number 101 Content Type Discussion Primary Goal Listeners get August's Bayou Board numbers translated into plain English so they can gauge whether the market currently favors buying or selling in Houma-Thibodaux. Keywords south louisiana real estate, houma thibodaux housing market, bayou board of realtors, terrebonne lafourche real estate, august 2026 market update Summary Ben Harang and Clint Galliano break down the Bayou Board of REALTORS® August 2026 local market update: active listings are down 17% year over year, new listings have slowed for the second month in a row, and months of supply has dropped to 5.8, edging toward a seller's market. At the same time, closed sales are up almost 12% year to date and prices are creeping higher, even as affordability slips. The hosts close with homework for buyers and sellers alike on knowing their numbers before making a move. Key Topics •  Active listings fall 17% year over year to 770 homes•  Months of supply drops to 5.8, a second straight month near balanced•  New listings down 19% in August and 10% year to date•  Closed sales up almost 12% year to date despite a softer August•  Median sale price climbs to $215,000 year to date, $225,000 in August alone•  Sellers receiving about 97% of list price, a touch better than last year•  Days on market holds at 94 in August, 102 year to date•  Housing affordability index slips to 124 from 132 a year ago•  Local median price still trails the statewide median   Title Options •  Where Did 160 Houma-Thibodaux Homes for Sale Go This Year? | RE: Real Estate Podcast•  Why Are There 160 Fewer Homes for Sale in Houma-Thibodaux This Year? | RE: Real Estate Podcast Sound Bites “There are 160 fewer homes for sale in our market than there were a year ago.” “That's the second month in a row that number is below six, which is typically considered a balanced market.” “The shelf is getting thinner, and that changes the conversation between buyers and sellers.” “Know your numbers before you fall in love with the house.” Chapters 00:00  Cold open – 160 fewer homes for sale01:28  Welcome & intro02:18  August market update overview02:47  Active listings down 17% year over year03:42  New listings down 19% in one month05:15  Closed sales up almost 12% year to date06:04  Median and average price trends06:52  What buyers are actually paying vs. asking07:39  Affordability index slips again08:39  Homework: know your numbers09:28  Like, share, and subscribe09:44  Next month's numbers & sign-off Resources Bayou Board of REALTORS®: bayourealtor.com Louisiana REALTORS®: larealtors.org   Show Links Website: rerealestatepodcast.com YouTube: youtube.com/@REREALESTATEPODCAST Facebook: facebook.com/rerealestatepodcast Instagram: instagram.com/rerealestatepodcast TikTok: tiktok.com/@rerealestatepodcast Find every episode at rerealestatepodcast.com – subscribe wherever you get your podcasts.   Hosts Ben Harang REALTOR® | Keller Williams Realty Bayou PartnersLa. License #: 36589Mobile: 985.859.2500 | Office: 985.262.4400ben@benharang.com | benharang.com Clint C. Galliano REALTOR® | Keller Williams Realty Bayou PartnersLa. License #: 995704723Mobile: 985.647.4479 | SMS Hotline: (985) 200-5447Office: 985.262.4400clint.galliano@kw.com | SoLahomegroup.com  Produced by: Clint Galliano | Music by: Wiggins StudiosClick here to view the episode transcript. Click here to watch a video of this episode.