Belle Chasse, LA: April 2008 Home Sales and Real Estate Market Report

lisa on May 2nd 2008 at 12:39 am Belle Chasse, Market Updates

Belle Chasse, LA: April 2008 Home Sales and Real Estate Market Report

The number of homes sold in Belle Chasse was down from 8 in March 2008 to 5 in April 2008, with a corresponding decrease in the average sales price. Based on April sales, there is a 7.6 month supply of homes for sale in Belle Chasse, just slightly above a balanced market supply of 6 months. With 11 sales currently pending, I anticipate that the inventory number will continue to decline through May.

Active listings: 61
Average list price: $386,805
Pending but continue to show listings: 3 (Average list price $301,267)
Under contract listings: 8 (Average list price $385,850)

Belle Chasse, LA - Number of Homes Sold, April 2008

Belle Chasse, LA - Average Home Sales Price, April 2008

The average sales price in Belle Chasse for April 2008 was $228,900. This number keeps moving up and down each month, mostly due to sales of higher end homes. With such a small number of sales each month, whenever a more expensive home is sold the average sales price is impacted significantly.

Remember, this report is for the entire 70037 zip code. If you would like a detailed report of home sales in your Belle Chasse neighborhood, please contact me or give me a call at (504) 616-6262. I’d be happy to keep you up to date on the West Bank real estate market and how it affects your home’s value.

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When buying or selling a home on the West Bank of New Orleans or relocating to the New Orleans West Bank, you deserve local expertise and advice. Lisa Heindel provides full time, professional real estate services to buyers, sellers and military transferees in Algiers, Algiers Point, Belle Chasse, Gretna, Terrytown, Harvey, Marrero, Westwego and more.