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Algiers LA 70114 | Real Estate and Home Sales for September 2009
Current real estate activity in Algiers LA 70114: 104 homes are for sale
High list price $550,000 Low list price $22,500 Average list price $162,589 Median list price $139,450 13 homes are pending sale or under contract, with an average list price of $134,992
Based on the number of homes sold in September (7), there is a 14.85 month supply of homes for sale in the area
Algiers LA 70114 | Number of Homes Sold | September 2009
Year to date, there have been 58 successful single family home sales in the 70114 zip code of Algiers, compared to 89 at the same time last year. This decrease of 35% is one of the largest on the West Bank, making Algiers the hardest hit areas for declining home sales. While reduced sales in Algiers Point have had an impact, the condition of properties being sold is also an issue, with a substantial number of homes in Poor, Fair and Average condition being marketed.
A large percentage of the 2009 sales in the area have been to cash buyers, and a review of those sales indicates that a large number of them are to investors and buyers who ... more
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