algiers home sales: New Orleans West Bank Real Estate | September 2010 Home Sales and Real Estate Market Trends - 10/27/10 04:04 AM
As we end the 3rd quarter of 2010, we are taking a look at the various real estate trends in communities and neighborhoods across the West Bank of New Orleans.  

English Turn has had one of the steadiest homes sales records across the West Bank over the last couple of years and home prices are up 6% from 2009.  This is surprising considering it is one of the most expensive areas on the West Bank. Get the entire report of English Turn home sales here.
 

Belle Chasse home sales are down 15% from 2009 and prices are … (2 comments)

algiers home sales: June 2010 | Home Sales on the West Bank of New Orleans LA - 08/03/10 11:46 AM
Now that we are more than half way through the year, we are taking a look back at real estate trends on the West Bank of New Orleans.  Pricing trends, homes for sale and more in the communities that make up the West Bank.
Algiers English Turn
Algiers Point
Algiers LA 70131
Algiers LA 70114
Gretna and Terrytown City of Gretna 70053
Terrytown and Gretna 70056
The rest of the West Bank Westwego, Avondale, Bridge City and Waggaman LA 70094
Marrero LA 70072
Harvey LA 70058
Belle Chasse LA 70037
 
 
For more information about the local real estate market … (1 comments)

algiers home sales: Algiers LA 70131 | Home Sales and Real Estate Market Trends for December 2009 - 01/20/10 10:10 PM
Current real estate activity in Algiers LA 70131 (excluding English Turn): 173 homes are for sale in Algiers 70131
High list price $895,000 Low list price $37,900 Average list price $183,380 Median list price $155,000 28 homes are under contract or pending sale, priced from $40,000 to $429,000
Based on the number of December sales (13), there is a 13.3 month supply of homes for sale in the area
Algiers LA 70131 | Number of Homes Sold | December 2009
2009 home sales in Algiers fell just short of those in 2008, ending the year with 208 successful sales.  This … (1 comments)

algiers home sales: Algiers LA 70114 | Home Sales and Real Estate Market Trends for December 2009 - 01/20/10 07:03 AM
Current real estate activity in Algiers LA 70114: 121 homes are for sale in Algiers 70114
High list price $599,000 Low list price $13,000 Average list price $147,446 Median list price $119,900 16 homes are under contract or pending sale, priced from $28,000 to $399,000 Based on December 2009 sales (6), there is a 20 month supply of homes for sale in the area
Algiers LA 70114 | Number of Homes Sold | December 2009
After a brief uptick in 2008, the number of home sales in the 70114 zip code of Algiers dropped almost 37% in 2009, ending the … (1 comments)

algiers home sales: Algiers LA 70114 | Home Sales and Real Estate Market Trends for November 2009 - 12/18/09 03:01 AM
Current real estate activity in Algiers LA 70114 (including Algiers Point): 115 homes are for sale
High list price $425,000 Low list price $13,000 Average list price $146,748 Median list price $119,900 8 homes are pending sale or under contract, priced from $30,000 to $399,000
Based on the number of homes sold in November (6), there is a 19.2 month supply of homes for sale in the 70114 zip code

Algiers LA 70114 | Number of Homes Sold | November 2009
It’s pretty obvious that home sales in the 70114 zip code of Algiers are suffering.  Year to date, … (7 comments)

algiers home sales: Algiers LA 70131 | Home Sales and Real Estate Market Trends for November 2009 - 12/15/09 02:34 AM
Current real estate activity in Algiers LA 70131: 197 homes are for sale in the 70131 zip code (excluding English Turn)
High list price $895,000 Low list price $35,000 Average list price $178,774 Median list price $152,000 32 homes are under contract or pending sale, priced from $27,500 to $429,000
Based on the number of homes sold in November (12), there is a 16.4 month supply of homes for sale

Algiers LA 70131 | Number of Homes Sold | November 2009 Sales in Algiers took a dip in November, bringing the year to date number of homes sold to 194, … (2 comments)

algiers home sales: Algiers LA 70131 | Home Sales and Real Estate Market Trends for September 2009 - 10/29/09 01:39 AM
Current real estate activity in Algiers LA 70131 (excluding English Turn): 198 homes are for sale
High list price $895,000 Low list price $35,000 Average list price $188,261 Median list price $154,950 39 homes are under contract or pending sale, with an average list price of $144,823

Based on the number of homes sold in September (25), there is a 7.92 month supply of homes for sale in the area
Algiers LA 70131 | Number of Homes Sold | September 2009
September saw the highest number of home sales in Algiers for all of 2009 AND the most homes … (2 comments)

algiers home sales: Algiers LA 70114 | Real Estate and Home Sales for September 2009 - 10/28/09 04:05 AM
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 … (2 comments)

algiers home sales: Algiers LA 70131: March 2009 Home Sales and Real Estate Market Reports - 04/30/09 12:30 AM
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 … (2 comments)

algiers home sales: Algiers LA 70114: March 2009 Home Sales and Real Estate Market Report - 04/29/09 04:46 PM
Current real estate statistics for Algiers LA 70114: 79 homes are currently for sale (active listings)
High list price $699,000 Low list price $23,000 Average list price $171,143 Median list price $135,000 18 sales are pending, priced from $19,900 to $269,900
Based on the March sales (7), there is a 11 month supply of homes for sale in zip code 70114
Algiers LA 70114 – Number of Homes Sold in March 2009
March saw another increase in the number of homes sold in the 70114 zip code of Algiers LA, bringing the year to date number of sales to 14 … (0 comments)

algiers home sales: Algiers LA 70114: February 2009 Home Sales and Real Estate Market Report - 03/13/09 04:59 PM
Algiers LA 70114: Current real estate market statistics 80 active listings, priced from $23,000 to $699,000 15 pending sales, priced from $39,000 to $269,900 Based on the number of homes sold in February (5), there is a 16 month supply of homes for sale in the area This report covers the entire 70114 zip code and includes Algiers Point Home Sales Algiers LA 70114 – Number of Home Sales February 2009
Sales in Algiers 70114 increased from January to February 2009, but the majority of the sales were of properties in need of repairs or remodeling. 3 of the 5 … (0 comments)

algiers home sales: Algiers LA 70131: February 2009 Home Sales and Real Estate Market Reports - 03/10/09 08:58 AM
Algiers LA – Current real estate market activity (excluding English Turn – you can find the English Turn home sales here)
184 active listings, priced from $32,000 to $950,000 41 pending sales, priced from $48,552 to $349,900 Based on the number of Algiers homes sold in February (9), there is a 20 month supply of homes for sale in the area Algiers LA 70131 – Number of Homes Sold February 2009
The number of homes sold in Algiers in February creeped up to 10 from the 7 January sales, putting the total for 2009 at 17 so far. (Compared to … (4 comments)

algiers home sales: Algiers LA 70131:Real Estate Market Update for September 2008 - 10/09/08 05:28 AM
Current real estate market statistics for Algiers LA zip code 70131 excluding English Turn: 218 active listings, priced from $22,000 to $990,000 Average active list price is $191,697 8 listings are pending but continue to show, priced from $19,900 to $385,000 27 under contract, priced from $24,900 to $249,000 Average days on market for pending sales is 86 Based on September sales, there is over a year's supply of homes for sale in this portion of Algiers Algiers LA 70131 Number of Homes Sold September 2008
The number of home sales in Algiers zip code 70131 has remained fairly steady … (5 comments)

algiers home sales: New Orleans, LA: April 2008 West Bank Home Sales and Real Estate Market Reports - 05/02/08 02:18 AM
Charts, charts and more charts.  It's time for the monthly recap of the New Orleans West Bank real estate market.  I have to say that I was a little disappointed in the performance of a couple of areas (Gretna and Harvey), but pending sales for May have the potential to make up for some of April's shortcomings.
 
Algiers, LA 70131: April 2008 Home Sales and Real Estate Market Update
Algiers, LA 70114: April 2008 Home Sales and Real Estate Market Report
Algiers Point, LA: April 2008 Home Sales and Real Estate Market Update
English Turn: April 2008 Home Sales and Real Estate Market Report
 
City … (0 comments)

algiers home sales: New Orleans, LA West Bank: Algiers Home Sales, February 2008 - 03/01/08 06:32 AM
Home Sales in Zip Code 70131
February did not turn out to be the great month for Algiers home sales that I hoped it would be.  Of the 47 pending sales noted at the end of January, only 11 of them made it to a successful closing.  Some of these may be part of the 46 currently pending sales, but others are back on the market due to what I call the IFs.  Failed Inspections and inability to obtain Financing are the most common reasons for a pending sale to be canceled.
 
Currently active listings:  199 Currently pending sale listings:  46 Sold listings, … (6 comments)

algiers home sales: New Orleans, LA West Bank: Algiers Home Sales, January 2008 - 02/01/08 10:03 AM
It's a new year and it looks like the market is picking up in Algiers!  While the national news continues to report doom and gloom, remember that home sales differ from state to state, region to region, and even neighborhood to neighborhood.  Here's a review of the January 2008 home sales in Algiers, LA compared to January 2007.
Home Sales in Zip Code 70114
 
 
 
While the numbers above are not very encouraging, the good news is that there are 22 homes pending sale in the area, with list prices from $28,000 to $260,000.  It appears that 2008 activity is definitely on the rise.  … (0 comments)

algiers home sales: Algiers LA Market Update 2007 (zip code 70114) - 01/01/08 01:48 PM
As we close the calendar on 2007 and enter a new year, take a look back at the historical trends for home sales in Algiers, zip code 70114.
Some highlights worthy of mention:
99 homes were sold in 2007, a decrease of 33% from the number of homes sold in 2006.   This marks the smallest number of home sales in the area in 9 years.  71 (72%) of the homes sold in 2007 had a list price of less than $200,000. Days on market climbed to an average of 102 days, up 59% from 2006. As of 1/1/2008, there are 98 active … (0 comments)

algiers home sales: Algiers LA Market Update, 2007 - 01/01/08 12:00 PM
As we close the calendar on 2007 and enter a new year, take a look back at the historical trends for home sales in Algiers, zip code 70131.
Some highlights worthy of mention:
311 homes were sold in 2007, a decrease of 39% from the number of homes sold in 2006.   This marks the smallest number of home sales in the area in 14 years.  213 (68%) of the homes sold in 2007 had a list price of less than $200,000. Days on market climbed to an average of 95 days, up 56% from 2006. As of 1/1/2008, there are 198 active … (4 comments)

algiers home sales: Algiers and Algiers Point Market Update - October 2007 - 11/03/07 09:55 AM
West Bank market update for Algiers and Algiers Point
October sales volume (number of single family homes sold) has declined from the 2006 level of 52 homes sold to 38 homes sold in October of 2007, a 27% decline in the total number of homes sold during the month.  
It should be noted, however, that this is a 27% INCREASE over the number of homes sold in September 2007, indicating an upswing in market activity.
 
 
 
 
 
 
 
 
 
 
 
Conventional loans remain the preferred method of financing a home purchase, accounting for 71% of the home purchases in 2007, up from 67% in 2006.Average sale prices in Algiers … (0 comments)

algiers home sales: New Orleans Housing Prices Moving Downward - 10/23/07 04:00 AM
A Bear Stearns analyst has recently predicted that housing prices in the New Orleans area may continue to decline through 2008 and into 2009.  A rebound of prices is not expected until late 2009 or early 2010.  Read the entire article here. 
 
What does this mean for sellers on the West Bank?
According to my research, NOT A LOT at this time!
 
 
 
Average home prices are holding fairly steady in most areas of the West Bank:
Belle Chasse:  Average sale price from 7/1/2007 to present:  $300,088.  This is an increase of 9% over the average 2006 sales price.  Average days on market has increased from 63 … (4 comments)

 
Lisa Heindel, New Orleans Real Estate Broker (Crescent City Living LLC)

Lisa Heindel

New Orleans Real Estate Broker

New Orleans, LA

More about me…

Crescent City Living LLC

Address: 5918 Magazine Street, New Orleans, LA, 70115

Office: (504) 327-5303

Mobile: (504) 616-6262






Listings

Links

Archives

RSS 2.0 Feed for this blog