Marrero, LA: April 2008 Home Sales and Real Estate Market Report
May 1, 2008 by lisa
Filed under Blog, Market Updates, Marrero
The Marrero real estate market slowed in April 2008, with 26 homes sold compared to 39 in March. The number of active listings was steady, showing a slight reduction from the 265 listed just one month ago. Based on the April sales, there is a 13.9 month supply of homes for sale in Marrero, definitely a buyer’s market overall.
- Active listings: 259
- Average list price: $191,919
- Pending but continue to show listings: 11 (Average list price $121,773)
- Open predication listings: 2 (Average list price $252,500)
- Under contract listings: 56 (Average list price $167,293)
Marrero Home Sales for April 2008
Marrero Average Home Sales Prices for April 2008
Despite the reduction in the number of homes sold in April, the average sale price showed another increase, ending the month at $165,776 – the highest yet for 2008 and higher than the same period last year.
While this report covers the entire community of Marrero, individual neighborhood reports can be prepared for you. If you would like a report of sales in your Marrero subdivision, please feel free to contact me or give me a call at (504) 616-6262.
Related Reading:
Marrero, LA: April 2008 Real Estate Absorption Report
5 Steps to Choosing Your New Orleans West Bank Real Estate Agent
Copyright 2008. Lisa Heindel, All rights reserved.
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