Current real estate activity in Gretna LA 70053:
51 homes are for sale
- High list price $275,500
- Low list price $42,900
- Average list price $147,731
- Median list price $131,000
12 homes are under contract or pending sale, priced from $52,000 to $240,000
Based on the number of homes sold in October (8), there is a 6.38 month supply of homes for sale in Gretna, which is just about a balanced real estate market.
Gretna LA 70053 | Number of Homes Sold | October 2009
The year to date number of homes sold in Gretna as of October 2009 is 62, compared to 65 at the same time last year. Gretna is one of the only markets on the West Bank of New Orleans that has not had a dramatic drop in the number of home sales from 2008 to 2009.
Given the recent amount of activity in the community, I would anticipate that we will equal or exceed the number of homes sold in 2008. While it is not a return to pre-Katrina levels, it appears that the market is balancing out supply and demand.
Gretna LA 70053 | Average Home Sale Prices | October 2009
The average price of homes sold in the City of Gretna in 2009 is now at $137,680, compared to $145,701 in 2008 (a decrease of 5.5%). Again, this is a better performance than many other areas of the West Bank, where some neighborhoods have experienced value drops of more than 20%.
All data provided by GSREIN and is deemed reliable, but not guaranteed.
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