Is Sorrento, LA 70778 a buyer’s or seller’s market?
Sorrento is a seller’s market. With about 3.2 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market87Listing to accepted offer
Median price per sq ft$151▼ −0.9% vs. last year
Run the numbers for 70778
Nearby markets
Darrow 70725Seller’s market $200 /sq ftDonaldsonville 70346Seller’s market $131 /sq ftGeismar 70734Balanced $177 /sq ftGonzales 70737Seller’s market $169 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology