Current real estate activity in Terrytown and Gretna LA 70056:

167 homes are for sale

  • High list price $1,390,000
  • Low list price $16,900
  • Average list price $209,418
  • Median list price $165,000

67 homes are under contract or pending sale, with an average list price of $172,469

Terrytown

Based on the number of homes sold in September (15), there is an 11.13 month supply of homes for sale

Terrytown and Gretna LA | Number of Homes Sold | September 2009

Terrytown and Gretna LA 70056 | Real Estate and Home Sales

Although they are down about 9% from this time last year, the number of home sales in Terrytown and Gretna is holding fairly steady from month to month.

While the media focus has been on the first time home buyer tax credit and FHA loans, amazingly enough there were no FHA loans that closed in Terrytown in September.

Type of Financing Used Number of homes sold
Conventional loans 6
Cash 7
VA loans 2

Terrytown and Gretna LA 70056 | Real Estate and Home Sales

Terrytown and Gretna LA | Average Home Sale Price | September 2009

Terrytown and Gretna LA 70056 | Real Estate and Home Sales

The bad news is that average home sale prices are down 5% from last year – and that’s really not so bad when compared to some of the other West Bank neighborhoods that have been hit hard. 

The good news is that unless you purchased your home in 2006-2008, you more than likely have built equity in it, just not at the same rate we saw in the early 2000s.

Homes that are priced right and in excellent condition continue to attract the most attention and sell faster than homes that need a little TLC.

Home Selling Tips

Terrytown and Gretna LA 70056 | Real Estate and Home Sales

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

Terrytown and Gretna LA homes for sale

Home Buying Tips

Find out what's going on in your West Bank neighborhood with this week's free market snapshot.

Questions?  Contact the West Bank Living Team.  It would be our pleasure to assist you with any of your real estate needs.

 
This post has been included in Louisiana Information Jefferson Parish, LA Information Gretna, LA Information
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Post is included in group: Market Updates
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Post is included in group: Louisiana Real Estate
Post is included in group: City & State: Listings and Market Reports

2 Comments on Terrytown and Gretna LA 70056 | Home Sales and Real Estate Market Trends September 2009

OCT
20
436,012 Points 47 Featured Posts Outside Blog

Nice job with your Terrytown and Gretna market report Lisa. I am sure this information is well received.

7:19am • #1
202,330 Points 6 Featured Posts Outside Blog

Lisa, Your posts give a terrific synopsis for consumers of your real estate market conditions! Very impressive!

Ginger

6:27pm • #2

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Lisa Heindel, New Orleans West Bank Real Estate

New Orleans, LA

More about me…

Keller Williams Realty Crescent City West Bank Partners

Address: 2600 Belle Chasse Hwy, Suite G, Gretna, LA, 70056

Office Phone: (504) 207-2007

Cell Phone: (504) 616-6262

Email Me



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