Current real estate activity in Westwego, Avondale and Bridge City LA:
121 homes for sale
- High list price of $599,000
- Low list price of $44,900
- Average list price of $138,756
- Median list price of $124,000
27 pending sales, priced from $41,900 to $252,870
Based on the number of homes sold in April (14), there is a 8.6 month supply of homes for sale in the area
Westwego, Avondale and Bridge City – Number of Homes Sold – April 2009
The number of homes sold in zip code 70094 remained stable in April, bringing the year to date total number of sales to 49 (compared to 59 at the same time last year).
What’s selling in Westwego and beyond?
1 two bedroom home
12 three bedroom homes
1 four bedroom home
What about condition?
1 home in POOR condition
3 homes in FAIR condition
2 homes in AVERAGE condition
4 homes in VERY GOOD condition
4 homes in EXCELLENT condition
Westwego, Avondale and Bridge City – Average Home Sale Prices – April 2009
The average sale price barely budged from March to April. Year to date, the average sale price is down about 3% from the 2008 average, not bad considering there are areas of the West Bank that have been hit much harder than this.
FHA remains the financing choice of more than 50% of the buyers in Westwego, so sellers need to remember that with the increases in the required FHA down payment, many of these buyers need a little help with closing costs in order to get the deal done. 29% of the sellers in April provided an average of $3,543 in closing cost assistance to purchasers.
Those assistance numbers are also important to take into account when determining the adjusted purchase prices of your competition – be sure that your West Bank Realtor knows all of the details when pricing your home for sale.
All data provided by GSREIN and is deemed reliable, but not guaranteed.
Related Reading and Information:
- Westwego and Avondale homes for sale
- West Bank Homes for Sale
- Find out what’s going on in your West Bank neighborhood with a free online market analysis
- 2009 First Time Home Buyer Tax Credit FAQ
Are you considering buying or selling a home in Westwego, Avondale or Bridge City LA? The West Bank Living Team provides local, professional real estate services to buyers, sellers and military personnel relocating 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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