Gretna LA 70053 | Real Estate Market Trends for July 2015

Home prices in Gretna LA 70053

Over the last 12 months, home prices in Gretna have been all over the place. Median sales prices have ranged from a low of $67,135 in August 2014 to a high of $221,275 in January of this year.

Median sales price = Half of the sales were higher and half of the sales were lower, the mid point of all of sales

Over the 12 month period of July 2014-July 2015, the average sale price for all homes was $147,449, up almost 10% from the 2013-2014 average.

Gretna LA average home sale prices

 

Number of homes sold in Gretna LA

With exception of a blip at the beginning of the year (which corresponds to the much higher median sales price noted above), monthly home sales in Gretna have run between 8-12 units each month between July 2014 and July 2015, with a total of 122 homes sold in that time frame, the exact same number of sales as in July 2013- July 2014.

Number of homes sold in Gretna LA July 2015

 

More about Gretna LA Home Sales in 2015

  • Average home sold had 3 bedrooms, 2 baths and 1,474 square feet of living area
  • Average days on market for homes sold in 2015:  71
  • Average sold price compared to list price: 97%
  • 45% of homes sold this year have been to cash buyers, followed by conventional financing (31%), FHA loans (20%) and other terms (4%)

 

What’s your Gretna home worth?

 

Need more information on the Gretna real estate market? Contact us today at 504-327-5303. We’ve got answers.

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