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Algiers LA 70131: March 2009 Home Sales and Real Estate Market Reports
Current real estate activity in Algiers LA 70131: 163 homes for sale (active listings)
High list price $950,000 Low list price $27,900 Average list price $209,156 Median list price $175,000 51 pending sales, priced from $33,250 to $299,000
Based on the number of homes sold in March (21) there is a 7.76 month supply of homes for sale in Algiers
Algiers LA 70131 – Number of Homes Sold in March 2009
The number of homes sold in Algiers 70131 more than doubled from February to March 2009, bringing the year to date sales to 38 (compared to 46 at the same time last year). 
Who is buying in Algiers?
Buyers with conventional financing:  3, at an average price of $168,333 Cash buyers:  6, at an average price of $132,416 FHA buyers:  12, at an average price of $146,291 That large percentage of FHA buyers should be a flag to sellers that assistance with closing costs is a typical  part of getting these deals done.  In March 2009, 38% of the closed sales had the sellers providing an average of $4,361 in assistance to the buyers.  Before you get all upset at the buyer asking for assistance, read Keep Your ... more

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