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.

Related Reading:

Belle Chasse, 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.