Alexandria Louisiana Real Estate Market Report- Late Summer 2015
As a Summer 2015 draws to a close, now is a good time to examine how the local real estate market is performing. For both buyers and sellers, market knowledge is key. Let's take a closer look at the Alexandria Louisiana Real Estate market.
Homes Active For Sale in Alexandria Louisiana
As of late August 2015, there are 145 homes for sale in the 75k-299k price range. Within this price bracket there are single family homes, condos, homes in subdivisions, and a few with substantial acreage. With an average size of 1976 heated square feet, Alexandria home buyers can command a sizable home for a modest investment.
Homes That Have Recently Sold in Alexandria Louisiana
The best way to determine how much money your home will fetch is to examine what similar homes are selling for. In the 75k-299k price range 42 homes have closed escrow in the last thirty days. With an average sales price of 159,734 dollars home ownership is an affordable option for many residents. This is especially true when combined with low interest rates.
How long will it take to sell my Alexandria Louisiana home? Every property is unique, but homes in the area are finding a buyer in 72 days. The key to selling in a timely manner is proper pricing from the start. Even in a strong market, 58 home listings have expired in the last six months. Hire a trusted professional to get pricing right from the start!
Some Potential Stressors In The Alexandria Louisiana Housing Market
Comments(2)