Current real estate activity in the English Turn subdivision (New Orleans, LA):
44 homes for sale (active listings):
- High list price: $1,595,000
- Low list price: $399,000
- Average list price: $686,143
- Median list price: $599,000
5 pending sales, priced from $368,900 to $788,000
Based on the number of homes sold in March (4), there is an 11 month supply of homes for sale in English Turn
English Turn – Number of Homes Sold March 2009
The number of sales in English Turn is continuing to climb after a slow start to the year. The 1st quarter ended with a total of 7 homes sold, compared to 6 at the same time last year.
What’s selling in English Turn?
All of the sales in March were 4 bedroom homes, with an average of just under 4,000 square feet of living area.
English Turn – Average Home Sale Prices March 2009
While the average home sale price creeped up slightly in March, the year to date average of $538,938 is down almost 9% from 2008. Of course, it’s still a little early in the year to make a prediction of where prices might be going, but recent sellers ended up receiving about 93% of their asking price.
A breakdown of March 2009 listing and selling prices:
| Address | Original List Price | Final List Price | Selling Price | Days on Market |
| Shoal Creek | $579,000 | $510,000 | $475,000 | 297 |
| English Turn | $549,000 |
$519,000 |
$482,500 | 493 |
| English Turn | $699,000 | $599,000 | $560,000 | 776 |
| Forest Oaks | $699,000 | $699,000 | $654,000 | 8 |
Obviously, in most cases it is taking an extended period of time to sell a home in English Turn. The average days on market for homes sold so far in 2009 is 238 days. Are you looking for an edge when selling your home? Read Getting Your Home Sold in This Market – 10 Steps to Success According to Professional Home Stagers for some tips on how to set yourself apart from the competition.
All data is provided by GSREIN and is deemed reliable, but not guaranteed.
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The West Bank Living Team provides local, professional real estate services to buyers, sellers and military relocations to and from NAS JRB New Orleans. It would be our pleasure to assist you with all of your real estate needs.
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