Current real estate activity in Gretna LA 70053:
51 homes for sale
- High list price $289,000
- Low list price $35,000
- Average list price $156,954
- Median list price $149,000
16 pending sales, priced from $50,520 to $329,000
Based on the number of homes sold in May (4), there is over a year’s supply of homes for sale in the city limits of Gretna
Gretna LA 70053 – Number of Homes Sold – May 2009
Year to date, there have been 24 homes sold in the City of Gretna, compared to 28 at the same time last year. I’m very surprised to see the number drop off in May, which is historically an active month for home sales on the West Bank. The saving grace is the number of pending sales (16) although typically only a percentage of those will actually make it to a successful closing.
What sold in Gretna?
| Address | Beds/Baths | Condition | List Price | Sold Price |
| Van Trump | 2/1 | Poor | $19,900 | $9,000 |
| Weyer | 3/1 | Excellent | $121,900 | $115,000 |
| Hamilton | 3/2 | Excellent | $169,000 | $142,000 |
| Marie | 3/2 | Excellent | $258,900 | $234,000 |
Gretna LA 70053 – Average Home Sale Price – May 2009
The average home sale price in Gretna keeps jumping around from month to month due to the diversity of the homes available in the area. Year to date, the average price is $139,167, the lowest in the last 5 years and significantly below the current average and median list prices.
What does this mean to sellers?
A years supply of inventory puts the city squarely in a buyer’s market. But, that does not mean that buyers are going to get a home for pennies on the dollar. Despite the peaks and valleys, Gretna real estate has held steady value over the last few years while other West Bank communities haven’t been so lucky.
Home sellers still need to price their home competitively, have it in the best possible condition and make it easy to show. Get this week’s Gretna real estate market snapshot.
All data is provided by GSREIN and is deemed reliable, but not guaranteed.
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Are you considering buying or selling a home in Gretna? 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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