Terrytown and Gretna LA 70056: July 2008 Real Estate Absorption Report
July 21, 2008 by Lisa Heindel
Filed under Blog, Gretna and Terrytown, Market Updates
The Terrytown and Gretna real estate market has slowed in the last few weeks, with inventory increasing from the 8.9 months recorded in June 2008 to the current 11.7 months supply of homes for sale.
- Active listings have increased from 195 to 207. While this is a slight increase, it is coupled with a slowdown in the number of homes being sold each month.
- Home sellers in Terrytown and Gretna should continue to keep an eye on their competition, especially in their own subdivisions, to ensure that they are still the best value to home buyers in the area
Terrytown and Gretna LA 70056 Real Estate Absorption Rates as of 7/21/2008
The odds here are an estimate, not a guarantee that your home will sell in this time frame
Data supplied by Latter & Blum REALTORS and is deemed reliable, but not guaranteed
Are you considering selling your Terrytown or Gretna home? Contact Lisa Heindel for a local, experienced West Bank real estate agent. I’d be happy to help you price and prepare your home for today’s market.
Related Reading:
What Is A Real Estate Absorption Rate?
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