Belle Chasse LA 70037: May 2009 Home Sales and Real Estate Market Reports

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Current real estate activity in Belle Chasse LA:

66 homes for sale

  • High list price $1,700,000
  • Low list price $125,000
  • Average list price $395,033
  • Median list price $324,450

6 pending sales, priced from $85,000 to $350,000

Based on the number of homes sold in May (8), there is a 8.25 month supply of homes for sale in Belle Chasse

Belle Chasse LA – Number of Homes Sold – May 2009

Belle Chasse LA 70037 Home Sales

Home sales in Belle Chasse continued to climb in May, ending the month with 8 closed sales and bringing the 2009 year to date total to 23 (compared to 34 at the same time last year).

What’s selling in Belle Chasse?

  • Of the 8 homes sold in May, 6 were less than 20 years old and 3 were less than 10 years old
  • FHA and VA remain the most used financing options, making up over 60% of the sales
  • Traditional 3 and 4 bedroom homes with garages are the most popular buyer choices in Belle Chasse
  • The average home sold in May was on market for 43 days and sold for $126 per square foot

Belle Chasse LA 70037 Home Sales

Belle Chasse LA – Average Home Sale Price – May 2009

Belle Chasse LA 70037 Home Sales

After a spike in March, the average sales price of a home in Belle Chasse has leveled off, ending May at $285,625.  The year to date average sale price is $272,178, down almost 18% from the 2008 average.

Higher end homes in Belle Chasse are selling slowly, with only 4 closed sales above $400,000 so far in 2009.  Of those 4 sales, three were in the Springwood subdivision while one home on Demandre commanded a price of $420,000.  Buyers in the over $300k price range are favoring new construction – every home in that range sold so far this year has been 6 years old or newer.

Find out what’s going on in your West Bank neighborhood with a free online market analysis

Belle Chasse LA 70037 Home Sales

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

Related Information:

Belle Chasse homes for sale

Belle Chasse Real Estate Market Reports


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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View Comments to Belle Chasse LA 70037: May 2009 Home Sales and Real Estate Market Reports
  1. Kirstin
    June 17, 2009 | 7:30 pm

    I’ve been waiting all month for this report! Happy to see the numbers. Thanks for keeping me so well informed.

    K

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