Terrytown and Gretna LA 70056 | June 2012 Home and Real Estate Sales

Real estate activity in Terrytown and Gretna LA

161 single family homes are for sale in Terrytown and Gretna

  • High list price $1,500,000
  • Low list price $54,700
  • Average list price $217,280
  • Average days on market for active listings: 147

63 homes are under contract/pending sale

  • High list price $319,000
  • Low list price $36,000

Homes Sold in Terrytown and Gretna

As of June 2012, there have been 136 single family homes sold in the 70056 zip code – up from 91 at the same time last year.  That’s an increase of almost 50%, one of the largest improvements in the West Bank market.

Real estate sold in Terrytown and Gretna LA 70056

Home Prices in Terrytown and Gretna

Average prices have dropped just over 7% from 2011, ending June at $134,466 and continuing the downward slide in prices in the community.  The impact of foreclosures on the averages cannot be minimized, proving that sellers need to know whether foreclosures are having a real impact on their neighborhood prices or if they are simply skewing the zip code average.  Need to know?  Ask us.

  • Average foreclosure sale price: $79,654
  • Average non-foreclosure sale price: $162,481

2012 Real estate prices in Terrytown and Gretna LA 70056All data provided by GSREIN and is deemed reliable, but not guaranteed

More about real estate in Terrytown and Gretna

  • 36% of sales this year have been foreclosures or short sales, up from 31% in 2011
  • 28% of seller provided a home warranty, compared to 36% in 2011
  • 30% of sellers provided closing cost assistance to the buyer, compared to 40% in 2011
  • FHA continues to be the most popular form of financing, accounting for 38% of sales

START YOUR TERRYTOWN HOME SEARCH HERE

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