Harvey LA Home Sales and Real Estate Absorption Rates for August 2008
August 18, 2008 by Lisa Heindel
Filed under Blog, Harvey, Market Updates
Harvey LA Real Estate Absorption Rates as of 8/18/2008
- Active listings in Harvey have dropped from 219 in mid July to 204 today
- The overall supply of homes for sale dropped from 11.3 months in July to 10.4 months
- Besides the under $80k range, homes are selling the fastest in the $160-180,000 price range, with an average of 3.7 sales per month for the last 90 days
The odds below are an estimate, not a guarantee that your home will sell in this time frame
If you are considering selling your Harvey LA home, please contact Lisa Heindel for a local, experienced West Bank real estate agent. I’d be happy to help you price and prepare your home for sale.
Related Reading:
What Is A Real Estate Absorption Rate?
Copyright 2008. Lisa Heindel and West Bank Living. All rights reserved.
Harvey LA: July 2008 Home Sales and Real Estate Market Reports
August 5, 2008 by Lisa Heindel
Filed under Blog, Harvey, Market Updates
Current real estate statistics for Harvey LA as of 8/5/2008:
- 213 active listings, priced from $35,000 to $1,400,000
- 7 pending sales (offer accepted but still showing), listed from $119,900 to $339,000
- 51 under contract listings, priced from $20,000 to $450,000
Based on July sales, there is a 10.3 month supply of homes for sale in Harvey, compared to a 9.7 month supply at the end of June.
Harvey LA - Number of homes sold July 2008
- The average sale price of a Harvey home sold in July 2008 was $145,049 compared to $153,823 in June
- The year to date average sale price in Harvey is $152,346
- Average days on market for July was 77 and the year to date average is 82
The average first time home buyer in Harvey is using FHA financing, so sellers need to be aware of the recent changes to the FHA down payment requirements.
Harvey LA - Average Single Family Home Sale Price July 2008
For a detailed market analysis of your Harvey home, contact Lisa Heindel, your West Bank real estate specialist. I’d be happy to show you how I’ve helped other home sellers price and prepare their homes for today’s market.
Related Reading:
- Harvey LA 70058- July 2008 Real Estate Absorption Report
- Previous Harvey LA Real Estate Market Reports
- 5 Steps to Choosing Your New Orleans West Bank Real Estate Agent
All data compiled from GSREIN and is deemed reliable, but not guaranteed.
Harvey LA 70058: July 2008 Real Estate Absorption Report
July 21, 2008 by Lisa Heindel
Filed under Blog, Harvey, Market Updates
The Harvey real estate market has slowed since our last report in May 2008, with the supply of homes for sale increasing from 9.3 months to the current 11.3 months.
- Active listings in Harvey have increased from 201 (May 2008) to today’s 219, while listings sold per month has dropped slightly from 21.7 to 19.3
- Even in the first time home buyer price ranges, there is an oversupply of homes for sale, so sellers need to keep up with their neighborhood competition in order to remain the best value in their area
Harvey LA Real Estate Absorption Rates as of 7/21/2008
The odds listed here are an estimate, not a guarantee that your home will sell in this time frame
Data supplied by Latter & Blum REALTORS and is deemed reliable, but not guaranteed
If you are considering selling your Harvey LA home, please contact Lisa Heindel for a local, experienced West Bank real estate agent. I’d be happy to help you price and prepare your home for sale.
Related Reading:
What Is A Real Estate Absorption Rate?
Choosing a Tech Savvy REALTOR® to Sell Your West Bank Home
Barkley Estates: June 2008 Home Sales and Real Estate Market Report
July 8, 2008 by Lisa Heindel
Filed under Blog, Harvey, Market Updates
Thank you to the readers who requested more information about home sales in Barkley Estates on the West Bank of New Orleans (I really DO respond to reader requests for reports and topics). Barkley Estates is a great gated community just off of Lapalco Blvd. in Harvey, Louisiana, with new and resale homes along with residential lots to design and build your dream home on.
Barkley Estates Homes and Land for Sale as of 7/8/2008
- 18 active single family home listings, priced from $324,000 to $589,900
- 1 under contract listing, priced at $359,000
- 9 active vacant land listings, priced from $69,800 to $130,000
- 1 under contract vacant land listing, priced at $79,500
- At the current sales rate, there is a 9 month supply of homes for sale in Barkley Estates. A balanced market has a 5-6 month supply of homes for sale, so Barkley Estates is a buyer’s market at this time.
Barkley Estates Home Sales - January 2008 through June 2008
- While home sales in Barkley Estates are not especially brisk, the community is holding its value and typical homes are selling for an average of 95% of the list price. Of course, getting that average sale to list ratio requires that the houses be properly priced to start with.
Barkley Estates Home Sales - 2nd Quarter 2007 through 2nd Quarter 2008
Barkley Estates Home Sales - Average Sales Price January - June 2008
- Average sale prices have moved around quite a bit from month to month in 2008. A better measure of the average sale prices when so few homes are selling each month is to review the quarterly results below.
Barkley Estates Home Sales - Average Sales Price 2nd Quarter 2007 - 2nd Quarter 2008
If you are thinking about selling your home in Barkley Estates, contact Lisa Heindel, your West Bank real estate specialist. I’d be happy to prepare a detailed market analysis and share my internet marketing plan with you.
Related Reading:
Barkley Estates- West Bank Neighborhood of the Week
Are You REALLY Ready to Sell Your West Bank Home?
Choosing a Tech Savvy REALTORR to Sell Your West Bank Home
Here’s the disclaimer part: The opinions expressed here are strictly those of the author, but you are free to share yours in the comments. All information is deemed reliable but not guaranteed.
Copyright 2008. Lisa Heindel, All rights reserved.
Harvey, LA: June 2008 Home Sales and Real Estate Market Report
July 3, 2008 by lisa
Filed under Blog, Harvey, Market Updates
Harvey, LA Homes for Sale as of 7/2/2008
- 214 active listings, priced from $50,000 to $1,400,000
- 3 pending (offer accepted but still showing) listings, priced from $24,900 to $318,000
- 49 under contract listings, priced from $20,000 to $359,000
- Based on June 2008 sales, there is a 9.73 month supply of homes for sale in Harvey, above the 5-6 month supply of a balanced real estate market. If you are considering selling your Harvey home, be sure to price it competitively and have it in tip-top condition before putting that sign in your yard. Read more home seller tips.
Harvey, LA Homes Sales - January 2008 through June 2008
- 22 homes were sold in Harvey in June 2008, compared to 17 in May 2008
- Average days on market for homes sold in June was 78
- The number of closed sales remained flat from 1st quarter 2008 to 2nd quarter 2008
Harvey, LA Home Sales - 2nd Quarter 2007 through 2nd Quarter 2008
Harvey, LA Average Home Sales Price - January 2008 through June 2008
- The average home sales price for Harvey in June 2008 was $153,823, compared to the May 2008 average of $141,012.
- The average sales price for 2nd quarter 2008 was down to $139,240 compared to the 1st quarter 2008 average of $169,430
- The average list price in Harvey is $219,268, significantly higher than the average sales prices
Harvey, LA Average Home Sale Price - 2nd Quarter 2007 through 2nd Quarter 2008
For a detailed market analysis of your Harvey home, contact Lisa Heindel, your West Bank real estate specialist.
Related Reading:
Harvey, LA 70058- June 2008 Real Estate Absorption Rates
Harvey, LA 70058 - Historical Real Estate Market Reports
Choosing a Tech Savvy REALTORR to Sell Your West Bank Home
Here’s the disclaimer part: The opinions expressed here are strictly those of the author, but you are free to share yours in the comments. All information is deemed reliable but not guaranteed.
Copyright 2008. Lisa Heindel, All rights reserved.
