Barkley Estates: June 2008 Home Sales and Real Estate Market Report

July 8, 2008 by Lisa Heindel
Filed under Blog, Harvey, Market Updates

Barkley Estates Homes and Land for Sale as of 7/8/2008

18 active single family home listings, priced from $324,000 to $589,900
1 under contract listing, priced at $359,000
9 active vacant land listings, priced from $69,800 to $130,000
1 under contract vacant land listing, priced at $79,500
At the current sales rate, there is a 9 month supply of homes for sale in Barkley Estates. A balanced market has a 5-6 month supply of homes for sale, so Barkley Estates is a buyer’s market at this time.

Barkley Estates Home Sales - January 2008 through June 2008

While home sales in Barkley Estates are not especially brisk, the community is holding its value and typical homes are selling for an average of 95% of the list price. Of course, getting that average sale to list ratio requires that the houses be properly priced to start with.

Barkley Estates Home Sales - 2nd Quarter 2007 through 2nd Quarter 2008

Barkley Estates Home Sales - Average Sales Price January - June 2008

Average sale prices have moved around quite a bit from month to month in 2008. A better measure of the average sale prices when so few homes are selling each month is to review the quarterly results below.

Barkley Estates Home Sales - Average Sales Price 2nd Quarter 2007 - 2nd Quarter 2008

If you are thinking about selling your home in Barkley Estates, contact Lisa Heindel, your West Bank real estate specialist. I’d be happy to prepare a detailed market analysis and share my internet marketing plan with you.

Are You REALLY Ready to Sell Your West Bank Home?

Choosing a Tech Savvy REALTORR to Sell Your West Bank Home

Here’s the disclaimer part: The opinions expressed here are strictly those of the author, but you are free to share yours in the comments. All information is deemed reliable but not guaranteed.

Tags: barkley estates homes for sale, barkley estates real estate, lisa heindel, West Bank real estate

Barkley Estates: April 2008 Neighborhood Update

April 28, 2008 by lisa
Filed under Blog, Harvey, Market Updates

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Watching the recent activity on my previous posts, it seems that lots of folks are interested in the Barkley Estates sales information, so I thought it would be a good time to do a neighborhood update.

First, some current statistics in Barkley Estates as of 4/28/2008:

Active listings = 14
Under contract listings = 2
High list price = $589,900
Low list price = $305,900
Average list price = $434,507

All information is from the Gulf South Real Estate Information Network and is deemed reliable but not guaranteed.

And a look at the recent homes sales in Barkley Estates:

Not only has the number of homes sold increased since the 4th quarter of 2007, but check out that average sold price! Good news for home sellers in Barkley Estates, who are getting about 9% more for their homes in 2008 than they were at the end of 2007. Note the average days on market, though, which indicates that sellers are waiting a little longer to get these prices. I’ll be able to update the sales information after my clients close on their new Barkley home soon - get ready to meet your new neighbors!

Remember, this report is for the entire Barkley Estates neighborhood. For an individual market analysis of your West Bank home, please contact Lisa Heindel, REALTOR®.

Harvey, LA: March 2008 Home Sales and Real Estate Market Update

Spring Home Selling Tip #1 - Curb Appeal

Spring Home Selling Tip #2 - Clean, Clean, Clean

Spring Home Selling Tip #3 - Clear the Clutter

Spring Selling Tip #4 - Neutralize