Belle Chasse LA: July 2008 Real Estate Absorption Report
July 21, 2008 by Lisa Heindel
Filed under Belle Chasse, Blog, Market Updates
The Belle Chasse market is showing improvement, with the supply of homes dropping from 13.8 months in June to the current 9.9 months.
- While the number of available listings has dropped, the number of homes sold each month has increased from 5 (June 2008) to 6.7 as of today
- There continues to be a strong demand for homes priced under $200,000 in Belle Chasse
- Continuing military relocation to NAS JRB New Orleans should sustain demand for homes in the area
Belle Chasse LA 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 REALTORS and is deemed reliable, but not guaranteed.
If you are considering selling your Belle Chasse home, contact Lisa Heindel for experienced West Bank real estate advice. I’d be happy to help you prepare and price your home for sale.
Related Reading:
What Is A Real Estate Absorption Rate?
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Belle Chasse, LA: May 2008 Home Sales and Real Estate Market Report
June 3, 2008 by lisa
Filed under Belle Chasse, Blog, Market Updates
May 2008 Home Sales in Belle Chasse, LA
- 70 homes currently for sale in Belle Chasse, compared to 61 last month
- 6 homes sold in May 2008, compared to 5 sold in April 2008
- 11 homes are pending sale or under contract, priced from $195,000 to $1,250,000
- Based on current sales, there is a 11.67 month supply of homes for sale in Belle Chasse. Last months supply was 7.6 months, so it shows how just a slight increase in the number of homes for sale can drastically change that absorption rate.
- The average sale price in Belle Chasse for May 2008 was $247,083, up from $228,900 in April.
- The average listing price of homes for sale in Belle Chasse is $397,710
- The average listing price of homes under contract in Belle Chasse is $424,089
The Belle Chasse real estate market is continuing its up and down movement in pricing, but has shown continuous improvement in 2008. When working with an experienced West Bank REALTOR® to sell your Belle Chasse home, you will be provided with all of the information you need to price and prepare your home for selling success.
Related Reading:
5 Steps to Choosing Your New Orleans West Bank Real Estate Agent
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.
Copyright 2008. Lisa Heindel, All rights reserved.
