Westwego, Avondale and Bridge City, LA: June 2008 Home Sales and Real Estate Market Reports

Westwego Homes for Sale as of 7/2/2008

• 120 active listings, priced from $39,000 to $430,000
• 9 pending (offer accepted but still showing) listings, priced from $110,000 to $245,000
• 15 under contract listings, priced from $34,900 to $185,000
• Based on the June 2008 sales, there is a 6 month supply of homes for sale in Westwego, Avondale and Bridge City.  This indicates a balanced real estate market for the region, which is great news for sellers who have been patiently waiting.  If your Westwego home is still on the market, maybe you need to make it the star of the neighborhood.

Westwego, Avondale and Bridge City Home Sales - January through June 2008

• 18 homes sold in June 2008, compared to 12 sold in May
• Quarterly sales remained steady from 1st quarter to 2nd quarter 2008
• A total of 24 sales were pending as of 7/2/2008

Westwego, Avondale and Bridge City Home Sales - 2nd Quarter 2007 through 2nd Quarter 2008

Westwego, Avondale and Bridge City Average Home Sale Price - January through June 2008

• The average sale price dropped to $91,459 in June 2008, the third straight month of decline for zip code 70094.
• While the number of sales is holding steady, buyers are still looking for the best value in their price range as shown by the average sale prices and the listing prices on homes pending sale (average of $92,540).

Westwego, Avondale and Bridge City Average Home Sale Price - 2nd Quarter 2007 through 2nd Quarter 2008

For a detailed market analysis of your home in Westwego, Avondale or Bridge City, contact Lisa Heindel, your West Bank real estate specialist.

Related Reading:

Westwego, Avondale and Bridge City, LA- June 2008 Real Estate Absorption Rates

Westwego, Avondale and Bridge City, LA - Historic Real Estate Market Reports

Here’s the disclaimer part:  The opinions expressed here are strictly those of the author, but you are free to share yours in the comments.  All information is deemed reliable but not guaranteed.

Copyright 2008.  Lisa Heindel, All rights reserved.