Belle Chasse LA: Current real estate market activity
- 54 active listings, priced from $85,000 to $1,700,000
- Average list price $396,198
- Median list price $298,500
- 5 pending sales, priced from $140,000 to $569,000
- Based on the number of homes sold in February (4), there is a 13.5 month supply of homes for sale in Belle Chasse
Belle Chasse LA – Number of Homes Sold February 2009
Belle Chasse is starting 2009 off a little slower than last year, with 7 sales so far compared to 15 at this same time in 2008. The 7 homes sold this year were on the market for an average of 156 days, compared to the average of 106 days in February 2008.
I still anticipate an increase in the number of sales during the peak selling season of spring and early summer as more incoming transfers to NAS JRB New Orleans arrive and choose a place to live, with Belle Chasse always being among their top destinations.
Belle Chasse LA – Average Home Sale Price February 2009
Average home sale prices have dropped significantly from 2008, but much of this can be attributed to a couple of low end sales that skew the average. If those sales are removed, the average goes up to $257,400. While still below the 2008 average, it’s more in line with the mid-range of home prices in the area.
Belle Chasse remains one of the few communities in the metro New Orleans area that still qualifies for 100% USDA financing, allowing home buyers to get moved in without as much money out of their pocket. (Ask us about lenders who offer this financing) Insurance costs continue to remain a factor for many buyers, since Plaquemines is a coastal parish and the rates can be substantially higher than many surrounding towns.
Are you considering buying or selling a home in Belle Chasse? Contact the West Bank Living Team for more information about how to prepare yourself to compete in today’s real estate market. It would be our pleasure to assist you.
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All data is provided by GSREIN and is deemed reliable, but not guaranteed.
The West Bank Living Team provides professional real estate services to home buyers and sellers on the West Bank of New Orleans. For answers to your real estate questions, please contact us today.
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