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Algiers Point | Home Sales and Real Estate Market Trends for September 2009
Current real estate activity for Algiers Point: 30 homes are for sale in Algiers Point
High list price $550,000 Low list price $123,500 Average list price $276,403 Median list price $278,500 3 homes are under contract or pending sale, with an average listing price of $229,300

 
Based on the number of homes sold in September (2), there is a 15 month supply of homes for sale in the area
Algiers Point | Number of Single Family Home Sales | September 2009
Algiers Point has had only 13 successful single family home sales this year, compared to 28 at the same time last year - a decrease of 54% in the number of closed sales. This marks the largest decrease of any of the West Bank communities that we track.

What about financing?
The buzz this year has been all about the first time home buyer’s tax credit. Most of these first time buyers are using FHA financing to purchase their homes. Given the percentage of conventional and cash deals in the Point, there appear to be very few first time buyers moving into the area.

Algiers Point | Average Single Family Home Prices | September 2009 ... more

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