Gretna, LA 70053: June 2008 Home Sales and Real Estate Market Reports

Gretna LA Homes for Sale as of 7/2/2008

• 50 active listings, priced from $37,000 to $310,000
• 3 pending (offer accepted but still showing) listings, priced from $116,500 to $225,000
• 1 open predication listing, priced at $119,900
• 11 under contract listings, priced from $35,000 to $275,000
• Based on June sales, there is a 5.5 month supply of homes for sale in Gretna, continuing last months showing of a balanced market in the area.  Remember, this number changes based on the number of homes on the market vs the number selling each month.

City of Gretna, LA Home Sales - January 2008 through June 2008

• 9 homes were sold in Gretna in June 2008
• After a slow start in April, the second quarter home sales for Gretna finished just under the first quarter sales (13 vs 14)
• Given the number of currently pending sales, I expect that the July results will continue this trend

Gretna LA Homes Sales - 2nd Quarter 2007 through 2nd Quarter 2008

Gretna LA Average Home Sale Prices - January 2008 through June 2008

• The average home sale price in Gretna for June 2008 was $116,309, down from $147,515 in May 2008
• Year to date (2008) the average home sale price in Gretna is $142,405
• The current average listing price in Gretna is $173,162.  Properly priced homes in Gretna are continuing to sell.  Home owners should be sure that they are keeping current with the market so they can remain competitive with the other listings in both price and condition.

For a detailed market analysis of your Gretna home, please contact Lisa Heindel, your West Bank real estate specialist.

Related Reading:

Gretna, LA 70053- June 2008 Real Estate Absorption Rates

Gretna, LA 70053 - Historic Real Estate Market Reports

Choosing a Tech Savvy REALTORR to Sell Your West Bank Home

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.