English Turn, New Orleans LA | June 2011 Home Sales and Real Estate Report

Real estate activity in English Turn

There are 34 homes for sale in English Turn, priced from $375,000 to $1,499,000.  The average listing has 4 bedrooms, 3 baths, 4087 square feet of living area and is priced at $666,012 (or $160.05 per square foot).  Active listings have been on the market for an average of 193 days.

5 homes are under contract, priced from $328,000 to $1,495,000.  There were no sales in June, so we are not calculating an absorption rate at this time.

Homes sold in English Turn

As of the end of June, there have been a total of 9 homes sold in English Turn this year, compared to 13 at the same time last year (a decrease of 44%).  Prices have shown a decline as well, from an average of $556,131 in 2010 to $517,722 in 2011.  However, since these are averages, the numbers can be skewed by just one or two upper end sales.  In 2010, there was a sale of a home for over $1 million that bumped up last year’s average.

  • 1 home sold in 2011 was a foreclosure sale
  • 33% of sellers provided a home warranty

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

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