English Turn: July 2008 Real Estate Absorption Report
July 21, 2008 by Lisa Heindel
Filed under Blog, English Turn, Market Updates
The overall supply of homes in English Turn is down from the 21.5 months observed in mid-May 2008, even though the number of available listings has increased.
- Homes sold per month has risen from 2 to 2.7, indicating an increase in buyer interest in the area
- More English Turn home sellers are pricing under $500,000 which is a smart move given that the demand for homes in that price range is higher than demand for the upper end
English Turn 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 is supplied by Latter & Blum Inc and is deemed reliable, but not guaranteed.
Are you considering selling your English Turn home? Contact Lisa Heindel for an experienced, local West Bank real estate agent who can assist you in preparing and pricing your home for todays market.
Related Reading:
What Is A Real Estate Absorption Rate?
Choosing a Tech Savvy REALTOR® to Sell Your West Bank Home
Make Your Home the Star of the Neighborhood - Stage It!
Algiers Point LA: July 2008 Real Estate Absorption Report
July 21, 2008 by Lisa Heindel
Filed under Algiers Point, Blog, Market Updates
The overall inventory of homes for sale in Algiers Point has dropped from 10.7 months in June 2008 to 8.3 months today.
- The number of listings sold per month has not really increased, but some sellers have chosen to take their homes off of the market, reducing the number of active listings from 29 to 25
- Homes in the $225,000-$250,000 price range continue to sell well, while those priced over $250,000 are getting a little dusty on the market
Algiers Point 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 Inc REALTORS and is deemed reliable but not guaranteed
For more details about absorption reports, read What Is A Real Estate Absorption Rate? For local, expert advise on preparing your Algiers Point home for sale and how to price it to move in today’s West Bank real estate market, contact Lisa Heindel.
