Current real estate activity in English Turn (New Orleans, LA):
30 single family homes for sale
- High list price $1,799,000
- Low list price $399,000
- Average list price $704,067
- Median list price $549,000
2 homes are under contract or pending sale, priced from $469,000 to $499,000
Based on January sales (2), there is a 15 month supply of homes for sale in Belle Chasse
English Turn | Number of Home Sales | January 2010
English Turn started the year with 2 homes sold in January, surpassing January sales in both 2009 and 2008.
The few bank owned properties in English Turn have sold, so now the rest of the inventory is starting to be cleared. As a result, I anticipate days on market will rise (see the sharp uptick in January) as homes that have been on the market for an extended period of time are sold.
English Turn | Average Home Sale Prices | January 2010
The January average sale price in English Turn was $508,500, up from the 2009 average of $492,938. As we move further into the year, we will have a better handle on whether this is a blip or a trend in the market.
Because of the price range of these luxury homes, conventional financing was used for both purchases. Sellers did not provide any closing cost assistance to the buyers, but 1 seller did provide a home warranty for the purchaser.
Home buying tips
Home selling tips
West Bank Real Estate Market Statistics
For more information about home buying or selling on the West Bank of New Orleans, or relocating to or from NAS JRB New Orleans, please contact the West Bank Living Team. It would be our pleasure to have the opportunity to assist you with any of your real estate needs and have a little fun while doing it!
Originally published at West Bank Living
Lisa, thanks for sharing your work. I am playing English Turn tomorrow afternoon.