Algiers Point: September 2008 Home Sales and Real Estate Market Reports

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Current real estate statistics for Algiers Point as of October 8, 2008:

  • 27 active listings, priced from $100,000 to $590,000
  • The average listing price is $286,783
  • No homes are under contract or pending sale as of this date

Algiers Point – Number of Homes Sold September 2008

Only 1 home sold in Algiers Point in September and with no currently pending sales, the 4th quarter is off to a very slow start.  Typically, there are only 1 or 2 sales per month in the 4th quarter, so I don’t anticipate an improvement in sales before 1st or 2nd quarter of 2009.

Algiers Point # sold

 

Algiers Point ytd # sold

Algiers Point: Average Home Sale Price September 2008

While the average home sale price jumped from August to September, it is based on only a single sale.  Year to date, the average sale price in Algiers Point is $205,510, compared to the average list price of over $286,000.  Sellers in the Point will need an ample supply of patience while their home is being marketed.

Algiers Point avg sale

Algiers Point ytd avg sale

Need more information about home sales and real estate in Algiers PointContact Lisa Heindel for a free, confidential analysis of your homes value in today’s market.

Related Reading:

Lisa Heindel New Orleans West Bank Real Estate Specialist

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

Copyright 2008.  Lisa Heindel and West Bank Living.  All rights reserved.

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