Gretna, LA 70053: March 2008 Home Sales and Real Estate Market Update

Here are the current (as of 4/5/2008) Gretna real estate market statistics:

• 57 active listings, priced from $35,000 to $279,000
• 1 pending listing (contract accepted, but still being shown), priced at $169,900
• 1 open predication listing (contract accepted, but waiting on purchaser’s home to sell) priced at $210,000
• 11 under contract listings, priced from $70,000 to $247,500

Gretna, LA Home Sales - Number Sold

The number of homes sold in the City of Gretna in the first quarter of 2008 was down over 30% from the same time last year.

Average days on market for homes sold in March 2008 was 69, compared to 26 at the same time last year.

 

Gretna, LA Home Sales - Average Sale Price

The average sales price in Gretna for March 2008 was $153,667, approximately $30,000 less than the average sale in March of 2007.  Large month to month variances are to be expected with the small number of sales taking place.

The first quarter average sales price of $160,535 is about $9,000 higher than the average sale price in the first quarter of 2007.

 

If you would like a more detailed report of home sales in your neighborhood or subdivision, please contact Lisa Heindel, REALTOR® for a personalized report. 

Whether you are interested in selling your Gretna home or just keeping up with how the market affects your West Bank home’s value, I’ll be happy to keep you informed.