New Orleans West Bank Living and Real Estate News: April 2009

Algiers LA 70114: March 2009 Home Sales and Real Estate Market Report

Current real estate statistics for Algiers LA 70114:

79 homes are currently for sale (active listings)

  • High list price $699,000
  • Low list price $23,000
  • Average list price $171,143
  • Median list price $135,000

18 sales are pending, priced from $19,900 to $269,900

Based on the March sales (7), there is a 11 month supply of homes for sale in zip code 70114

Algiers LA 70114 – Number of Homes Sold in March 2009

Algiers LA 70114 Home and Real Estate Sales

March saw another increase in the number of homes sold in the 70114 zip code of Algiers LA, bringing the year to date number of sales to 14 (compared to 20 at this same time last year).

Here is a breakdown of sales in the area for March 2009:

  • 2 homes in FAIR condition were sold, with an average sale price of $48,500
  • 1 home in AVERAGE condition was sold for $105,000
  • 2 homes in VERY GOOD condition were sold, with an average sale price $109,250
  • 2 homes in EXCELLENT condition were sold, with an average sale price of $155,500

Obviously, the condition of a home has a huge impact on the selling price. With all of the competition for qualified buyers, it is important that your home is in the best shape possible before putting it on the market. For tips on preparing your home for sale, read Getting Your Home Sold in This Market - 10 Steps to Success According to Professional Home Stagers

Algiers LA 70114 Home and Real Estate Sales

Algiers LA 70114 – Average Home Sale Price in March 2009

Algiers LA 70114 Home and Real Estate Sales

The average sale price for zip code 70114 dropped off from $122k in February to $104,500 in March, bringing the year to date average to $107,678. The area is unique however, because the higher end homes in Algiers Point are included in the mix. You can review separate reports for Algiers Point home sales.

Seller assistance 3 of the homes sold in March had the sellers providing closing cost assistance to the buyers. The average amount of assistance provided was $4,847.

When pricing your Algiers home to sell, it’s important to take into account the adjustments that may need to be made to the selling prices of comparable properties. Be sure that your West Bank real estate professional knows all of the details on sales in the neighborhood.

Algiers LA 70114 Home and Real Estate Sales

All data is provided by GSREIN and is deemed reliable, but not guaranteed.

More information:

Algiers homes for sale

All Algiers Real Estate Market Reports

Find out what's going on in your West Bank neighborhood with a free online market analysis


The West Bank Living Team provides local, professional real estate services to buyers, sellers and military relocations to NAS JRB New Orleans. It would be our pleasure to assist you with any of your real estate needs. Contact us with any questions you may have about buying or selling in today’s market.

Find Your Perfect West Bank Home Here Find Out Your West Bank Home Value - FREE!

1334 Monroe Street Gretna LA 70053 | Gretna Lousiana Home for Sale | NEW PRICE!

It just keeps getting better and better....

Now priced at only $114,900, 1334 Monroe Street is a bargain in the City of Gretna housing market.  Don't forget about the First Time Homebuyers Tax Credit and how it can help you.

Historic Gretna LA Shotgun Home for Sale

1334 Monroe Street, Gretna, LA 70053 View Map

Precious renovated shotgun single on corner lot in the McDonoghville area of the historic City of Gretna, LA. Walking distance to McDonogh Park and playground and just a few blocks from shopping and restaurants. Quick and easy access to the Crescent City Connection and downtown New Orleans or to the Algiers Ferry landing to Canal Street.

Easy care laminate flooring in the living, kitchen, laundry and hall and an open floorplan that's easy to move around in.

High ceilings throughout, with ceiling fans in the living room and both bedrooms.

Ceramic tile in the light, spacious and updated bathroom.

Rear yard access and inside utility room. Transferrable termite contract.

Details

Asking Price:
$114,900
MLS:
778213
Lot Size:
18.2x128
Bedrooms:
2
Bathrooms:
1
# of Floors:
1
Subdivision:
McDonoghville
Year Built:
1948

Property Amenities

    - Microwave
    - Dishwasher
    - Attic
    - Deck
    - Grass Lawn
    - Fenced Yard
    - Central A/C
    - Central Heat
    - Tile floor
    - Living room
    - Laundry area - inside
    - Cooktop
    - Wall oven
    - Corner lot
    - Rear yard access

Contact Info

Lisa Heindel
Louisiana REALTOR



Main 504-207-2007
Dir 504-616-6262
Email | Website



The West Bank Living Team provides local, professional real estate services to buyers, sellers and military relocations to and from NAS JRB New Orleans.  It would be our pleasure to assist you with all of your real estate needs.

Find Your Perfect West Bank Home Here     Find Out Your West Bank Home Value - FREE!     Contact Lisa Heindel 1

3901 Red Cypress Drive - Terrific 3 bedroom home for sale in Harvey LA 70058

One of the fastest growing areas on the West Bank of New Orleans, the community of Harvey is in high demand and so are well priced and well maintained homes. 

Look no further than 3901 Red Cypress Drive, new on the market at only $165,000.

  • 3 bedrooms
  • 2 full baths
  • Eat-in kitchen, plus a formal dining room
  • Spacious living room with wood burning fireplace
  • Sun room
  • Inside laundry
  • One year home warranty

For more information or to schedule a showing, please contact the West Bank Living Team. 


The West Bank Living Team provides local, professional real estate services to buyers, sellers and military transfers to and from NAS JRB New Orleans.  It would be our pleasure to assist you with any of your real estate needs.

Search New Orleans West Bank Homes for Sale  What's Your Home Worth?  Find out here.   Contact the West Bank Living Team

March 2009 Home Sales and Real Estate Trends for Marrero LA 70072

Current real estate activity in Marrero LA 70072:

  • 199 homes for sale
  • Low list price $16,900
  • High list price $1,600,000
  • Average list price $179,604
  • Median list price $148,500

74 pending sales, priced from $31,000 to $399,900

Based on the number of homes sold in March (34), there is a 5.85 month supply of homes for sale (one of the most balanced markets on the West Bank of New Orleans at this time)

Marrero LA 70072 – Number of Homes Sold March 2009

Marrero LA Home Sales

Marrero ended the month with 34 closed sales, bringing the year to date total to 91. The 2009 sales are down from 102 sold at the same time last year. Given that there are 74 pending sales at this time, I would expect to see a fairly significant increase in sales for April, depending on how inspections and financing work out for the buyers.

Here is a breakdown of the 34 sales in March:

  • 3 homes were in Fair condition with an average sale price of $69,466
  • 7 homes were in Average condition with an average sale price of $88,192
  • 4 homes were in Very Good condition with an average sale price of $141,250
  • 17 homes were in Excellent condition with an average sale price of $162,826
  • 3 homes were New construction with an average sale price of $217,886

Obviously, the condition of a property has a strong impact on the price that buyers are willing to pay. Do you need help getting your home ready to sell? Read Getting Your Home Sold in This Market - 10 Steps to Success According to Professional Home Stagers

Marrero LA Home Sales

Marrero LA 70072 – Average Home Sale Prices March 2009

Marrero LA Home Sales

The average year to date home sale price in Marrero is $138,307. The median year to date price (half of the sales were higher and half were lower) is $125,000. Average Marrero home sale prices are down about 11% from 2008.

Year to date, there have been 21 sales with conventional financing, 17 cash sales, 43 FHA sales, 4 VA sales and 7 other types of financing. With such a large percentage of FHA sales (47%), many buyers are asking for and receiving assistance from the seller when purchasing a home.

In March, 12 of the 34 sales (35%) had sellers providing an average of $4,518 in closing cost assistance to the purchasers. This is an important number to know when pricing your home! Be sure that your agent can provide you with adjusted sales numbers to get a true picture of what homes are selling for in your neighborhood.

Marrero LA Home Sales

All data provided by GSREIN and is deemed reliable, but not guaranteed.

More about West Bank real estate:


The West Bank Living Team provides professional, local real estate services for buyers, sellers and military relocations to NAS JRB New Orleans. Please feel free to contact us with your real estate needs.

Find Out Your West Bank Home Value - FREE! Find Your Perfect West Bank Home Here

Gretna and Terrytown LA 70056: March 2009 Home Sales and Real Estate Report

Current real estate activity in Terrytown and Gretna LA 70056:

168 active listings

  • High list price $1.590,000
  • Low list price $62,900
  • Average list price $250,151
  • Median list price $186,500

42 pending sales, priced from $56,900 to $499,900

Based on the number of March sales (21), there is a 8 month supply of homes for sale in the 70056 zip code

Terrytown and Gretna LA – Number of Homes Sold March 2009

Terrytown and Gretna LA Home Sales

Sales in the 70056 zip code rose again in March 2009, ending the quarter with 48 homes sold year to date, compared to 59 at this same time last year. 

The majority of the homes sold in the area in March were in Excellent condition, so potential sellers should be sure that they have prepared and priced their home well before going on the market since buyers in the community are looking for the best move-in values around.

Most of the sales were financed with FHA loans and 43% of the sellers provided some sort of assistance to the buyers with closing costs and pre-paids.  If you are considering selling a home in the area, be sure to choose an agent who can provide you with adjusted sales prices to account for these types of assistance and their impact on selling prices and your bottom line.

Terrytown and Gretna LA Home Sales

Terrytown and Gretna LA 70056 – Average Home Sale Price March 2009

Terrytown and Gretna LA Home Sales

Average home prices rose in March, but the year to date average is still about 4% below the 2008 average.  Remember, these sale prices have not been adjusted for any seller assistance provided to buyers.  In March, the average amount of seller assistance provided to buyers in Terrytown and Gretna was $6,097.

Terrytown and Gretna LA Home Sales

All data provided by GSREIN and is deemed reliable, but not guaranteed.

 

For more information about buying or selling a home in Terrytown or Gretna LA, please contact the West Bank Living Team.  It would be our pleasure to assist you.


The West Bank Living Team provides local, professional real estate services to buyers, sellers and military relocations to NAS JRB New Orleans.  Please feel free to call on us for help with any of your real estate needs.

City of Gretna LA 70053: March 2009 Home Sales and Real Estate Report

Current real estate activity in Gretna LA 70053:

57 active listings

  • High list price $359,000
  • Low list price $42,900
  • Average list price $158,380
  • Median list price $148,000

16 pending sales, priced from $19,900 to $250,000

Based on the number of homes sold in March (5), there is a 10 month supply of homes for sale in Gretna

Gretna LA 70053 – Number of Homes Sold March 2009

Gretna LA Home Sales

The City of Gretna recorded 5 closed sales in March, bringing the year to date total to 12, compared to 16 at the same time last year.  Sales were across every spectrum, from new construction to properties in poor condition that need complete rehab. 

The loan of choice for March was conventional, with 60% of the sales being financed that way.  Since conventional loans are the hardest to get right now, these were well qualified buyers.

What did these buyers choose?  1 two bedroom home, 3 three bedroom homes and 1 four bedroom home were sold.  Days on market ranged from 0 to 362, with an average of 137 days.

Gretna LA Home Sales

Gretna LA 70053 – Average Home Sale Price March 2009

Gretna LA Home Sales

The average home sale price in Gretna for March was $158,600, but this was impacted by the sale of a property in poor condition for $42,000.  The median sale price (half sold for more, half sold for less) was $185,000.  Year to date, the average sale price if $151,451, up 4% from the 2008 average.

Have we seen the bottom? 

We won’t know that for sure until we continue to experience higher sale prices, but we have had buyers miss out on the homes they chose recently because there were competing, higher offers received on the properties at the same time.  Between the low interest rates, the first time buyer tax credit and the bargain prices, it’s time to get off the fence and find that new home!

Gretna LA Home Sales

All data provided by GSREIN and is deemed reliable, but not guaranteed.


Considering buying or selling a home in Gretna LA?  Contact the West Bank Living Team.  We provide local, professional real estate services with both buyer and seller specialists dedicated to meeting your real estate goals.  It would be our pleasure to assist you.

Belle Chasse LA: March 2009 Home Sales and Real Estate Market Report

Current real estate activity for Belle Chasse LA:

51 active listings

  • High list price $1,700,000
  • Low list price $85,000
  • Average list price $414,827
  • Median list price $305,000

12 pending sales, priced from $140,000 to $415,000

Based on March sales (3), there is a 17 month supply of homes for sale in Belle Chasse

Belle Chasse LA – Number of Homes Sold March 2009

Belle Chasse LA Home Sales

Year to date, there have been 10 homes sold in Belle Chasse, compared to 23 at this same time last year.  New and newer construction is moving much faster than older homes, with the homes sold in March all coming in at or under 7 years old.

For sellers of older homes to compete with these younger houses, they need to be updated to offer the same type of amenities that buyers in the area are looking for.  Need a little help in understanding how to prepare your West Bank home for sale?  Read Getting Your Home Sold in This Market - 10 Steps to Success According to Professional Home Stagers

Belle Chasse LA Home Sales

Belle Chasse LA – Average Home Sale Prices March 2009

Belle Chasse LA Home Sales

The average home sale price in Belle Chasse for March was $388,066 (a reflection of the fact that these were all newer homes).  Year to date, the average sale price is $257,670, significantly below the 2008 average.  However, with the most active selling months just ahead of us, I would anticipate that the average sale price will increase. 

An important factor to remember when selling your Belle Chasse home is that appraisers are reviewing comparable sales for the last 90 days only, which could have a negative impact on your value.  If you are selling a unique property, it would be worth the $300-$400 to have it appraised before setting your list price.

I’m still recommending pre-inspections of homes as well – buyers are looking closely at condition and are not afraid to walk away from a property that needs a lot of repairs.

Belle Chasse LA Home Sales

All data provided by GSREIN and is deemed reliable, but not guaranteed.


If you are considering buying or selling a home in Belle Chasse LA, please contact the West Bank Living Team.  We provide local, professional buyer and seller representation with an emphasis on YOUR needs.  It would be our pleasure to assist you.

Westwego, Avondale and Bridge City LA: March 2009 Home Sales and Real Estate Report

Current real estate activity in Westwego, Avondale and Bridge City LA 70094:

  • 126 active listings
  • High list price $629,000
  • Low list price $44,900
  • Average list price $134,241
  • Median list price $119,000
  • The average home for sale in zip code 70094 has been on the market for 102 days
  • There are 29 pending sales, priced from $29,900 to $216,125

Westwego, Avondale and Bridge City Home Sales – March 2009

Westwego LA Home Sales

The good news is that the number of home sales in Westwego, Avondale and Bridge City increased again in March, which is typical for the spring housing market.  If history holds any clues, we can expect to see a higher number of sales for the next 3 months or so.  The first quarter of 2009 saw 35 closed sales, compared to 43 in the first quarter of 2008.

The not so good news is that 8 of the 14 sales for March were of homes in either Poor, Fair or Average condition, so sellers who have a move in ready home are waiting a little longer for those offers, as it appears that the investors and do-it-yourselfers are making up the largest number of buyers in the area right now, with cash buyers making up almost half of the sales.

Westwego LA Home Sales

Westwego, Avondale and Bridge City Average Home Sale – March 2009

Westwego LA Home Sales

The year to date average sale price of $90,285 is down 7% from the 2008 average.  Again, most of this is caused by the condition of the homes sold, with a lesser condition equating to a lesser sale price.  Looking for ways to increase the sale price of your home?  Read Getting Your Home Sold in This Market - 10 Steps to Success According to Professional Home Stagers

Homes sold in March were on the market for an average of 95 days before receiving an acceptable offer.  To minimize marketing time, sellers need to be prepared, priced right and flexible with showings to attract the attention of qualified buyers.

Home Selling Tips

Westwego LA Home Sales

If you are considering buying or selling a home in Westwego, Avondale or Bridge City, please contact the West Bank Living Team.  It would be our pleasure to assist you.


The West Bank Living Team provides professional real estate services to buyers, sellers and military relocations to and from NAS JRB New Orleans.  For answers to your West Bank real estate questions, feel free to contact us.

Barkley Estates Lots for Sale in Gated Harvey LA Neighborhood

Sometimes you just can’t find the perfect house despite searching high and low. When that happens you can either sit back and wait OR you build a home that perfectly fits your wants and needs.

The West Bank Living Team just listed 2 gorgeous lots in Harvey LA in the gated community of Barkley Estates. One of these could be the right one for you and your house plans.

Sherbrooke Court - Barkley Estates Lot/Land for Sale Sherbrooke Court is a cul-de-sac street with only 6 lots. This cleared and ready to be built on piece of land has enough space to build a custom home with backyard left over. Priced at $120,000, it’s a blank slate waiting for you to color it in.

1801 Turnberry - Harvey LA lot for sale in Barkley Estates 1801 Turnberry Lane has over 1/4 acre of land for only $92,000 on a winding street in the exclusive Barkley Estates community. Large enough to accommodate the grandest of homes, the lot has been cleared and is ready for the contractors to start work.

Barkley Estates

One of the premier gated communities in Harvey LA, Barkley Estates has an active home owner’s association and beautiful, public green spaces. The quality of life is wonderful, with community activities year round such as the annual Easter Egg extravaganza, community crawfish boils, annual night out against crime block parties, garden of the month awards and more.

Barkley Estates Harvey LA gated community

Barkley Estates Harvey LA gated community

If you are interested in living or building a home in Barkley Estates, contact the West Bank Living Team for more information. It would be our pleasure to assist you!


The West Bank Living Team provides local, experienced real estate services to buyers, sellers and military relocations to and from NAS JRB New Orleans. Feel free to call Lisa or Terri for more information about how we can help you achieve your real estate goals.

215 Rhodes Avenue New Orleans LA 70131 | Algiers Home for Sale

Just listed – the West Bank Living Team has another Algiers LA Home for Sale

Whether you are looking for an investment property or someplace that you can put some of that sweat equity into, this Algiers ranch home for sale will fill the bill.  

215 Rhodes Avenue
New Orleans, LA 70131

SOLD!!!

215 Rhodes Avenue New Orleans LA home for sale in Algiers

Located on a tree lined street in Old Aurora, this home has so much potential and sits squarely on a 1/4 acre lot - where else can you find that within the New Orleans city limits?!?  

With 2 bedrooms, 1 bath, a large entry room, eat-in kitchen and 3 separate living spaces, it can be easily reconfigured to fit your lifestyle.  A large sun room spans the rear of the house and is just right for hosting BBQs and crawfish boils in.

There is an old workshop at the rear of the property with a foundation issue.  Repair it or tear it down to make room for a great garage - vehicle access to the back yard is already in place.  The sturdy cinder block construction has stood the test of time and awaits your personal touch.

For more information or to schedule your private showing of 215 Rhodes Avenue, contact the West Bank Living Team.


Interested in the West Bank of New Orleans?  The West Bank Living Team provides professional real estate services to buyers, sellers and military relocations to NAS JRB New Orleans.  

Just have a question?  Call Lisa at (504) 616-6262 or Terri at (504) 258-5178.  It would be our pleasure to help you!