Current real estate activity in Belle Chasse LA:
51 single family homes are for sale in Belle Chasse
- High list price $1,700,000
- Low list price $130,000
- Average list price $341,271
- Median list price $290,000
10 homes are under contract or pending sale, priced from $85,000 to $450,000
Based on the number of March sales (5), there is a 10 month supply of homes for sale in Belle Chasse
Belle Chasse LA | Number of Single Family Home Sales | March 2010
Year to date, there have been 7 single family home sales in Belle Chasse, compared to 11 at the same time last year. The decrease in the number of sales seems to be targeted towards the higher end of the Belle Chasse price range, as reflected in the continued drop of the average sale prices.
Days on market plunged to 63, but look for this number to go up – the average days on market for all listings (active, under contract, etc) is 115. What I see happening is that buyers are quick to move on homes in the lower price ranges (bringing down the sold days on market) while the higher end homes are taking longer to sell (pushing up the active days on market).
Belle Chasse LA | Average Home Sale Prices | March 2010
As of the end of the first quarter of 2010, the average single family home in Belle Chasse is selling for $237,571, the lowest average we’ve seen in the area in the last 5 years. With only one sale over $300k so far this year, sellers in the upper end of the price ranges could be in for fairly long marketing times. Sellers who are considering selling in the $250,000 price range are in the best position.
More about March 2010 home sales in Belle Chasse:
- 80% of the homes were less than 18 years old, indicating a buyer preference for newer homes
- 60% of home sellers paid for a home warranty for the purchaser
- The $225,000 - $275,000 price range is the most popular with buyers and the easiest price range to sell in
All data is provided by GSREIN and is deemed reliable, but not guaranteed
You might also be interested in:
- Home buying tips
- Home selling tips
- Belle Chasse LA Homes for Sale
- 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 .... I have to say that this is the BEST market report I have seen on AR ... FABULOUS job with tons of information in a great format! pippa
Great job sharing the market stats for Belle Chasse Lisa! Your reports are always loaded with great info.
Pippa and Bill, thanks!