Real Estate in Lake Charles, Louisiana:July Market Review

July Market Review

 

The above stats are week to week real estate activity within Calcasieu Parish-Lake Charles, Louisiana for the month of July. There were a couple of LOW sales that brought the average sales price down as compared to June's market averages.

The following is a market snapshot of Lake Charles, Louisiana Real Estate for the month of JULY encompassing North, South, East, West, Southeast and Southwest Lake Charles.

 

Average Active Homes Listed = 470

Average Homes Sold =  10

Average Days on Market SOLD =  81

Average Sales Price SOLD = $131,739

Average High Price SOLD  = $299,250

Average Low Price SOLD =  $34,750

Comparing these figures to the month of JUNE

Active listings have decreased by 22

SOLD homes have decreased by 1

Days on Market have increased by 2

Average Sales Price decreased by $43,758

NOTE the decrease in average sales price was due to some very low SOLDS

$12,000 home sold in week of 15th was a 1/1 544 sq ft home
$20,000 home sold in week of 31st was a 2/1 744 sq ft home

There has also been more activity with homes above $250,000 selling in our market.

Source of information SW Louisiana Board of Realtors MLS

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4410 Nelson Road, Lake Charles, LA, 70605 USA

337-478-1578 or 337-499-9592

CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC. An Equal Opportunity Company. Equal housing Opportunity. Each office is independently owned and operated.  The information contained in this blog is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the author of this blog, and its comments are not warranted or implied representation of it's accuracy,  All information is copywritten and the property of the Author, Marilyn Boudreaux.  

 

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This post has been included in Louisiana Real Estate News Calcasieu Parish, LA Real Estate News Lake Charles, LA Real Estate News
Post is included in group: Century 21 Network
Post is included in group: Louisiana Lagniappe
Post is included in group: Louisiana Real Estate
Post is included in group: Real Estate Trends

4 Comments on Real Estate in Lake Charles, Louisiana:July Market Review

AUG
02
2010
538,567 Points 5 Featured Posts Outside Blog Attended Rain Camp

Interesting breakdown for July.  There are definite patterns of sales throughout as displayed by your graph.  Hope you're on the receiving end of the higher average sales price on the 22nd...

11:59am • #1
590,450 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Cherise, the average home for Lake Charles is about $179,000.  July was a busy month and  we experienced steady sales, but we had some very low sales that pull those averges down.   I am glad to see some of the higher priced homes moving, they tend to sit on the market longer.  Most of what I have closed has been below $250,000 :)

8:29pm • #2
AUG
03
2010
324,824 Points 88 Featured Posts Called Shot Master

Marilyn,

 

I like the way the information is presented- in a way the consumer can understand. Not percentages so much as real numbers. Good stuff.

2:40pm • #3
590,450 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Thanks Scott, I try to keep it simple!  I appreciate your comments and dropping in to post

4:03pm • #4


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Marilyn Boudreaux, Lake Charles REALTOR® Lake Charles LA Real Estate

Lake Charles, LA

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Marilyn Boudreaux, Century 21 Mike D. Bono & Co.'s

Address: Century 21 Mike D. Bono & Co.'s, 4410 Nelson Road, Lake Charles, LA, 70605

Office Phone: (337) 478-1578

Cell Phone: (337) 499-9592

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Author Bio: Marilyn Boudreaux Marilyn Boudreaux is a full time REALTOR® licensed by the Louisiana Real Estate Commission and affiliated with Century 21 Mike D. Bono & Co.'s in Lake Charles, LA. Marilyn Boudreaux is one of the top 100 real estate agents within the entire Century 21 South Louisiana/Texas Region

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