Gretna and Terrytown, LA: Absorption Reports for March, 2008

The spring selling season has begun.  Do you know what your competition in the West Bank real estate market is?  Here is a quick look at sales for the last 90 days in the various price ranges in Gretna and Terrytown.

City of Gretna (70053)

The city of Gretna is doing quite well in the current market!  There are a couple of price ranges that have an oversupply of homes for sale, but overall home sellers in Gretna can expect a fairly average time on market for their properties.  A balanced real estate market has about a 6 month supply of homes, while Gretna has a 7.7 month supply.  Not bad compared to most of the other West Bank markets.

                  

 

Terrytown and Unincorporated Gretna (70056)

With an 8.5 month supply of homes for sale, Terrytown and unincorporated Gretna are still performing better than most West Bank areas.  Again, there are a few price ranges that are not doing as well as others, but overall the market is looking pretty solid in this part of West Jefferson Parish, especially in the under $180,000 ranges.

                     

Related Reading:

Gretna and Terrytown, LA: February 2008 Home Sale Market Reports

 

What does the market look like in your neighborhood?  Drop me a line at lisa@lisaheindelsells.com and I’ll be happy to put together an absorption report for your individual neighborhood or subdivision.

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Copyright 2008. Lisa Heindel, All rights reserved.