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Harvey LA: 2008 Home Sales Year In Review
Another year over and time to once again take a look at the real estate market in on the West Bank.
Current real estate statistics for Harvey LA: 150 active listings, priced from $44,900 to $597,400 6 pending (but still showing) listings, priced from $115,000 to $227,000 31 homes are under contract, priced from $69,660 to $589,900 The average listing price is $193,882 The median listing price is $159,900 Based on December 2008 sales (19), there is a 7.9 month supply of homes for sale in Harvey LA Harvey LA - Number of Homes Sold 2008
Home sales in Harvey remained fairly steady from month to month in 2008, averaging 21 sales per month and ending the year with a total of 257 homes sold.  This is down 19% from the number sold in 2007.  That seems like a lot, until you realize that across the West Bank home sales were down by 23%, so Harvey is performing a little better than the average.
Note the chart below, and you will see that with the exception of 2006 (post Katrina market), sales have been dropping year to year since 2004.  Now, this may not be the case in every individual ... more

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