Current real estate activity in Algiers Point: (single family homes only)
23 homes are currently for sale in Algiers Point
- High list price $389,000
- Low list price $95,000
- Average list price $276,857
- Median list price $275,000
4 homes are under contract or pending sale, priced from $113,400 to $249,900
Based on the number of April sales (2), there is a 11.5 month supply of homes for sale in Algiers Point
Algiers Point | Number of Single Family Home Sales | April 2010
While the number of home sales in Algiers Point dropped in April, the good news is that year to date there have been 13 sales, compared to only 4 at the same time last year. This is the best start to the year since 2006.
Get this week’s free Algiers home value report
Days on market has gone up from last year and I expect it to continue to do so since the average listing has now been on the market for 195 days. The average pending sale was on the market for 109 days. The disparity between the time houses are selling and the time active listings have been on the market is usually an indicator that some properties are over priced for the location, condition or amenities.
Algiers Point | Average Single Family Home Sale Prices | April 2010
Average sale prices dropped yet again in April, but year to date are still higher than both 2008 and 2009. This appears to be due to the fact that buyers are choosing homes in better condition, instead of investors buying houses that are in need of renovation.
More about Algiers Point home sales in April 2010:
- Both of the April sellers provided closing cost assistance to the buyers
- No home warranties were provided by sellers
- Neither sale was a bank owned or foreclosure property
All data provided by GSREIN and is deemed reliable, but not guaranteed
Algiers homes for sale
New Orleans West Bank homes for sale
Home buying tips
Home selling tips
Originally published at West Bank Living
