Current real estate activity in Westwego, Avondale, Bridge City and Waggaman LA
177 single family homes are listed for sale
- High list price $550,000
- Low list price $24,900
- Average list price $117,915
- Median list price $107,900
29 homes are under contract/pending sale, priced from $20,000 to $224,000
Based on the number of September sales (15), there is a 11.8 month supply of homes for sale in Westwego
Westwego LA | Number of Homes Sold | September 2010
Home sales are holding steady in the 70094 zip code, with 109 homes sold so far in 2010, compared to 104 sold at the same time last year (a 4.8% increase). The fairly high number of cash buyers (31%) is an indicator of investor activity on the lower end of the price ranges. This is not a bad thing, since investors typically make improvements to properties before either using them as rentals or reselling them in much better condition than they bought them in.
Westwego LA | Average Home Sale Price | September 2010
While prices will move around from month to month, year to date, the average home in Westwego (and the rest of the 70094 zip code) has sold for $104,152, an increase of 7.8% from 2009.
Values will vary from neighborhood to neighborhood and condition is always a factor, so get this week’s free home value report for your Westwego community to find out what’s been recently listed and sold right around your home.
More about September home sales in Westwego, Avondale, Bridge City and Waggaman
- 33% of homes sold were bank owned foreclosures
- 27% of sellers provided a home warranty for the buyers
- 40% of sellers paid closing cost assistance for the purchasers
If you need more information about the real estate market on the West Bank or are interested in buying or selling a home, please contact the West Bank Living Team. It would be our pleasure to assist you with any of your real estate needs.Google+