South Louisiana Has Two Housing Markets Right Now – Which One Are You In? | RE: Real Estate Podcast

South Louisiana Has Two Housing Markets Right Now – Which One Are You In? | RE: Real Estate Podcast   Content Type Discussion Primary Goal Listeners can compare their parish's July 2026 inventory and price ratios against the board-wide numbers and make a smarter decision about whether to price aggressively, negotiate hard, or wait. Keywords south louisiana real estate, bayou board market update, terrebonne parish homes, lafourche parish real estate, assumption parish housing, st mary parish homes, housing market july 2026, houma thibodaux real estate, months of inventory louisiana, housing affordability index Summary The Bayou Board's July 2026 headline number – median sale price up 15% year over year – is technically true and completely misleading. Clint and Ben show why the year-to-date median, up just 2.4%, is the number worth quoting, and why the average price actually fell. The real story is in the parish breakdowns: Terrebonne and Lafourche are tightening toward seller's market conditions with under six months of supply, while Assumption and St. Mary are sitting above ten months. One board, two completely different markets. Key Topics •  Why the 15% median spike is the least useful number on the Bayou Board report•  Year-to-date figures vs. single-month comparisons – which one to trust•  Bayou Board closings up 16%, inventory down 17% – what that means for buyers•  Parish breakdown: Terrebonne and Lafourche tighten while Assumption and St. Mary soften•  Why St. Mary has 10.5 months of supply but homes sell in 44 days•  Affordability index down 12% – what that means at the closing table•  Pending sales data: what September price reports will look like by parish•  Buyer and seller strategy – different rules for different parishes   Title Options •  Terrebonne vs. Assumption: July 2026 Shows Two Different Markets | RE: Real Estate Podcast•  Is the Bayou Board Housing Market Tightening or Softening in July 2026? | RE: Real Estate Podcast Sound Bites “Slide over one column – year to date, the median went up 2.4 percent. That is the number that actually describes what happened in this market.” “More buyers are showing up, fewer sellers are showing up.” “Don't shop the headline. Shop your parish. Shop your neighborhood.” “The ones priced right move fast, and the rest of that inventory just sits there and never shows up in the days-on-market number.” “One average spread across four parishes is hiding two completely different markets.” Chapters 00:00  Hook – median price up 15%, why that number misleads00:48  Intro and episode overview02:22  Bayou Board overview: closings up 16%, inventory down 17%05:31  Supply tightens to 5.7 months – lowest the region has seen in years06:53  Days on market up but list price % also up – what's happening07:41  Housing affordability index down 12%09:16  Good market or bad market? It depends where you are09:26  Parish by parish: Lafourche and Terrebonne – seller's market conditions10:01  Assumption and St. Mary: a buyer's market inside the same board10:40  What sellers are actually collecting by parish11:23  Median days on market: Terrebonne 41, St. Mary 44, Lafourche 63, Assumption 9212:06  Median sold price by parish for July13:24  Leading indicators: pending sales and what to expect this fall15:52  Buyer and seller strategy by parish17:25  Bottom line: one region, two completely different markets18:07  Homework: look up your parish's two most important numbers Resources Bayou Board of REALTORS Market Report: drive.google.com (Bayou Board) Terrebonne Parish Market Trends – July 2026: drive.google.com (Terrebonne) Lafourche Parish Market Trends – July 2026: drive.google.com (Lafourche) Assumption Parish Market Trends – July 2026: drive.google.com (Assumption) St. Mary Parish Market Trends – July 2026: drive.google.com (St. Mary)   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.