Harvey LA: July 2008 Home Sales and Real Estate Market Reports

Current real estate statistics for Harvey LA as of 8/5/2008:

• 213 active listings, priced from $35,000 to $1,400,000
• 7 pending sales (offer accepted but still showing), listed from $119,900 to $339,000
• 51 under contract listings, priced from $20,000 to $450,000

Based on July sales, there is a 10.3 month supply of homes for sale in Harvey, compared to a 9.7 month supply at the end of June.

Harvey LA - Number of homes sold July 2008

• The average sale price of a Harvey home sold in July 2008 was $145,049 compared to $153,823 in June
• The year to date average sale price in Harvey is $152,346
• Average days on market for July was 77 and the year to date average is 82

The average first time home buyer in Harvey is using FHA financing, so sellers need to be aware of the recent changes to the FHA down payment requirements.

Harvey LA - Average Single Family Home Sale Price July 2008

For a detailed market analysis of your Harvey home, contact Lisa Heindel, your West Bank real estate specialist.  I’d be happy to show you how I’ve helped other home sellers price and prepare their homes for today’s market.

Related Reading:

• Harvey LA 70058- July 2008 Real Estate Absorption Report
• Previous Harvey LA Real Estate Market Reports
• 5 Steps to Choosing Your New Orleans West Bank Real Estate Agent

All data compiled from GSREIN and is deemed reliable, but not guaranteed.