Algiers LA 70114: July 2008 Home Sales and Real Estate Market Reports

Current real estate market statistics for Algiers LA 70114 as of 8/5/2008:

• 81 active listings, priced from $19,900 to $590,000
• 2 pending sales (offer accepted but still showing), priced from $125,000 to $149,900
• 18 under contract listings, priced from $21,900 to $359,000 (some of these are still pending from June 2008)

This report includes all of zip code 70114.  Read also Algiers Point July 2008 Home Sales.

Based on July sales, there is a 9 month supply of homes for sale in Algiers zip code 70114, compared to an 8 month supply at the end of June.  The overall inventory of homes for sale dropped from 104 on 7/2/2008 to the current 81.

Algiers LA 70114 - Number of Single Family Home Sales for July 2008

• The average sale price for July 2008 was $178,111, up from $143,800 in June
• The year to date average sale price for Algiers (zip code 70114) is $136,600
• Average days on market for homes sold in July was 62, compared to the year to date average of 93

Algiers LA 70114 - Average Single Family Home Sale Price for July 2008

For a detailed market analysis of your Algiers home, please contact Lisa Heindel, your West Bank real estate specialist.  I’d be happy to help you understand the ins and outs of our current real estate market and what it takes to get your Algiers home sold.

Related Reading:

• Algiers, LA 70114- July 2008 Real Estate Absorption Report
• Previous Algiers Home Sales and Real Estate Market Reports
• 5 Steps to Choosing Your New Orleans West Bank Real Estate Agent

All data provided by GSREIN and is deemed reliable, but not guaranteed.