City of Gretna, LA: April 2008 Absorption Rates
April 23, 2008 by lisa
Filed under Blog, City of Gretna, Market Updates
A quick look at the current absorption rates for Gretna, LA shows an improving market in several price ranges. Homes in the $120,000-$180,000 and the $225,000-$250,000 are all showing an almost perfectly balanced market of 5-6 months supply of available properties for sale. This is great news for Gretna home sellers in these price ranges!
Surprisingly, the lower end homes are not moving as quickly, but this is mostly due to fact that condition continues to be a huge factor in home sales and the condition of properties in these price ranges is typically less than average.
City of Gretna - 70053
As of 4/22/2008
Remember, the spring selling season on the New Orleans West Bank begins to slow around the beginning of June, at the start of hurricane season. Before your home goes on the market, be sure to find a West Bank REALTOR® that gives you all of the information you need to prepare and properly price your home for today’s real estate market.
Related reading:
Gretna, LA 70053: March 2008 Home Sales and Real Estate Market Update
Selling Your Home Is A Business - Run It Like One!
Spring Home Selling Tip #1 - Curb Appeal
Spring Home Selling Tip #2 - Clean, Clean, Clean
Spring Home Selling Tip #3 - Clear the Clutter
Spring Selling Tip #4 - Neutralize
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