Current real estate activity in Harvey:
156 homes are for sale in the 70058 zip code
- High list price $549,000
- Low list price $500
- Average list price $173,337
- Median list price $147,450
40 homes are under contract or pending sale, priced from $54,500 to $379,000
Based on December sales (16), there is a 9.75 month supply of homes for sale in Harvey
Harvey LA 70058 | Number of Homes Sold | December 2009
Sales dropped off again in December, bringing the total number of Harvey LA homes sold in 2009 to 220. This is a decline of 14.4% from 2008 sales in the area.
How does Harvey compare to the rest of the West Bank?
| Harvey 70058 | West Bank | |
| Active listings | 156 | 1,132 |
| Average list price | $173,337 | $192,467 |
| Average days on market (actives) | 112 | 141 |
| Homes sold in 2008 | 220 | 1,429 |
| Average days on market (solds) | 81 | 141 |
The average days on market for homes sold in rose again in 2009, ending the year at 81. Remember, this is just an average. The Harvey home on the market the longest in 2009 sold in 208 days, while the fastest sale was in only 1 day.
Harvey LA 70058 | Average Home Sale Prices | December 2009
Here is the good news: the decrease in the number of sales is offset by one of the only price increases on the West Bank. The average Harvey home sale price went up by 6.5% from 2008 to 2009 – the largest increase of any of the West Bank communities from Algiers to Avondale.
Reflecting it’s position as one of the most popular areas on the West Bank, home sale prices in Harvey continue to run higher than the West Bank average, and it looks like the average seller is pricing accordingly. In order to be competitive in today’s real estate market, your homes listing price depends on how your particular neighborhood is performing. Find out what's going on in your West Bank neighborhood with this week's free market snapshot.
| Harvey | West Bank | |
| 2009 Average sale price | $164,359 | $156,546 |
| Average listing price | $173,337 | $192,467 |
Other items of note:
- FHA continues to be the most popular financing choice in Harvey, with conventional financing coming in a distant second.
- 42% of sellers provided some type of closing cost assistance to the buyers – that’s a significant number of sellers offering concessions to get their homes sold. Be sure that your agent has provided you with the details of home sales in your neighborhood to know the whole story when setting your selling price.
All data is provided by GSREIN and is deemed reliable, but not guaranteed
Related Reading:
- Harvey LA homes for sale
- New Orleans West Bank homes for sale
- Home buying tips
- Home selling tips
- West Bank Real Estate Market Reports
For more information about home buying or selling in Harvey Louisiana 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!
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