Barkley Estates: June 2008 Home Sales and Real Estate Market Report
July 8, 2008 by Lisa Heindel
Filed under Blog, Harvey, Market Updates
Thank you to the readers who requested more information about home sales in Barkley Estates on the West Bank of New Orleans (I really DO respond to reader requests for reports and topics). Barkley Estates is a great gated community just off of Lapalco Blvd. in Harvey, Louisiana, with new and resale homes along with residential lots to design and build your dream home on.
Barkley Estates Homes and Land for Sale as of 7/8/2008
- 18 active single family home listings, priced from $324,000 to $589,900
- 1 under contract listing, priced at $359,000
- 9 active vacant land listings, priced from $69,800 to $130,000
- 1 under contract vacant land listing, priced at $79,500
- At the current sales rate, there is a 9 month supply of homes for sale in Barkley Estates. A balanced market has a 5-6 month supply of homes for sale, so Barkley Estates is a buyer’s market at this time.
Barkley Estates Home Sales - January 2008 through June 2008
- While home sales in Barkley Estates are not especially brisk, the community is holding its value and typical homes are selling for an average of 95% of the list price. Of course, getting that average sale to list ratio requires that the houses be properly priced to start with.
Barkley Estates Home Sales - 2nd Quarter 2007 through 2nd Quarter 2008
Barkley Estates Home Sales - Average Sales Price January - June 2008
- Average sale prices have moved around quite a bit from month to month in 2008. A better measure of the average sale prices when so few homes are selling each month is to review the quarterly results below.
Barkley Estates Home Sales - Average Sales Price 2nd Quarter 2007 - 2nd Quarter 2008
If you are thinking about selling your home in Barkley Estates, contact Lisa Heindel, your West Bank real estate specialist. I’d be happy to prepare a detailed market analysis and share my internet marketing plan with you.
Related Reading:
Barkley Estates- West Bank Neighborhood of the Week
Are You REALLY Ready to Sell Your West Bank Home?
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.
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