gretna 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)

gretna 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)

gretna home sales: February 2010 Home Sales and Real Estate Market Reports for Terrytown and Gretna LA 70056 - 03/15/10 10:50 PM
Current real estate activity in Terrytown and Gretna LA 70056: 172 homes are for sale
High list price $1,200,000 Low list price $24,900 Average list price $215,009 Median list price $169,000 36 homes are under contract or pending sale, priced from $70,312 to $449,900
Based on the number of Terrytown/Gretna homes sold in February (13), there is a 13.2 month supply of homes for sale in the community
Terrytown and Gretna LA 70056 | Number of Homes Sold | February 2010

Although the number of home sold dropped from January to February, year to date there have been 33 … (1 comments)

gretna home sales: January 2010 Home Sales and Real Estate Market Reports for Terrytown and Gretna LA 70056 - 02/11/10 07:33 AM
Real estate activity in Gretna LA 70053 as of 2/10/2010: 57 homes are for sale in Gretna, 70053
High list price $409,000 Low list price $45,000 Average list price $153,403 Median list price $139,900 11 homes are under contract or pending sale, priced from $29,900 to $169,900
Based on the number of homes sold in January (3), there is a 19 month supply of homes for sale in the area
Gretna LA 70053 | Number of Single Family Homes Sold | January 2010 Gretna started off 2010 with a total of 3 home sales in January, compared to 4 in January … (2 comments)

gretna home sales: Terrytown and Gretna LA 70056 | Home Sales and Real Estate Market Statistics for December 2009 - 01/08/10 07:51 AM
Current real estate activity in Terrytown and Gretna: 165 homes are for sale in the 70056 zip code
High list price $899,000 Low list price $24,900 Average list price $206,892 Median list price $169,900 37 homes are under contract or pending sale, priced from $53,000 to $425,000
Based on December sales (14), there is a 8.5 month supply of homes for sale in Terrytown and Gretna
 
Terrytown and Gretna LA 70056 | Number of Homes Sold | December 2009
Good news for Terrytown and Gretna! The number of homes sold in the city increased from 2008 to 2009. Granted, … (2 comments)

gretna home sales: Terrytown and Gretna LA 70056 | Home Sales and Real Estate Market Trends for November 2009 - 12/31/09 02:06 AM
Current real estate activity in Terrytown and Gretna LA 70056: 161 homes are for sale
High list price $899,000 Low list price $24,900 Average list price $210,333 Median list price $169,900 39 homes are under contract or pending sales, priced from $53,000 to $425,000
Based on November sales (30), there is a 18.6 month supply of homes for sale in the area

Terrytown and Gretna | Number of Homes Sold | November 2009 The last couple of months have seen a substantial increase in the number of homes sold in Terrytown and Gretna, bringing the year to date number of … (0 comments)

gretna home sales: Terrytown and Gretna LA 70056 | Home Sales and Real Estate Trends for October 2009 - 11/23/09 01:55 AM
Current real estate activity in Terrytown and Gretna LA: 170 homes for sale
High list price $999,000 Low list price $24,900 Average list price $217,709 Median list price $169,700
48 homes are under contract or pending sale, priced from $35,900 to $400,000
Based on the number of homes sold in October (26), there is a 6.5 month supply of homes for sale in the area (a fairly balanced real estate market)
Terrytown and Gretna LA 70056 | Number of Homes Sold | October 2009
October marked the most active month of the year in Terrytown and Gretna home sales.  … (3 comments)

gretna home sales: Gretna LA 70053 | Home Sales and Real Estate Trends for October 2009 - 11/21/09 08:16 AM
Current real estate activity in Gretna LA 70053: 51 homes are for sale
High list price $275,500 Low list price $42,900 Average list price $147,731 Median list price $131,000 12 homes are under contract or pending sale, priced from $52,000 to $240,000
Based on the number of homes sold in October (8), there is a 6.38 month supply of homes for sale in Gretna, which is just about a balanced real estate market.

Gretna LA 70053 | Number of Homes Sold | October 2009
The year to date number of homes sold in Gretna as of October 2009 is … (5 comments)

gretna home sales: Terrytown and Gretna LA 70056 | Home Sales and Real Estate Market Trends September 2009 - 10/19/09 02:07 PM
Current real estate activity in Terrytown and Gretna LA 70056: 167 homes are for sale
High list price $1,390,000 Low list price $16,900 Average list price $209,418 Median list price $165,000 67 homes are under contract or pending sale, with an average list price of $172,469

Based on the number of homes sold in September (15), there is an 11.13 month supply of homes for sale
Terrytown and Gretna LA | Number of Homes Sold | September 2009
Although they are down about 9% from this time last year, the number of home sales in Terrytown and Gretna is … (2 comments)

gretna home sales: Gretna LA 70053 | Home Sales and Real Estate Trends for September 2009 - 10/19/09 01:45 AM
Current real estate activity in Gretna LA 70053: 53 homes for sale
High list price $287,100 Low list price $24,900 Average list price $148,388 Median list price $135,000 15 homes are under contract or pending sale, with an average list price of $142,841

Based on the number of homes sold in September 2009 (9), there is a 5.9 month supply of homes for sale in Gretna (a balanced real estate market).
Gretna LA 70053 | Number of Homes Sold | September 2009 Year to date, Gretna has seen 54 successful home sales, compared to 59 at the same time last … (3 comments)

gretna home sales: Gretna and Terrytown LA 70056: March 2009 Home Sales and Real Estate Report - 04/19/09 03:23 PM
Current real estate activity in Terrytown and Gretna LA 70056: 168 active listings
High list price $1.590,000 Low list price $62,900 Average list price $250,151 Median list price $186,500 42 pending sales, priced from $56,900 to $499,900
Based on the number of March sales (21), there is a 8 month supply of homes for sale in the 70056 zip code
Terrytown and Gretna LA – Number of Homes Sold March 2009
Sales in the 70056 zip code rose again in March 2009, ending the quarter with 48 homes sold year to date, compared to 59 at this same time last … (3 comments)

gretna home sales: City of Gretna LA 70053: March 2009 Home Sales and Real Estate Report - 04/18/09 03:14 AM
Current real estate activity in Gretna LA 70053: 57 active listings
High list price $359,000 Low list price $42,900 Average list price $158,380 Median list price $148,000 16 pending sales, priced from $19,900 to $250,000
Based on the number of homes sold in March (5), there is a 10 month supply of homes for sale in Gretna
Gretna LA 70053 – Number of Homes Sold March 2009
The City of Gretna recorded 5 closed sales in March, bringing the year to date total to 12, compared to 16 at the same time last year.  Sales were across every spectrum, from … (1 comments)

gretna home sales: Terrytown and Gretna LA 70056: 2008 Real Estate Year in Review - 01/17/09 01:29 AM
2008 was a crazy year for home sales on the West Bank of New Orleans, and Terrytown and Gretna were no exception. Take a look at what happened to the real estate market in the charts below. Current real estate activity in Terrytown and Gretna LA: 179 Active listings, priced from $79,900 to $1,590,000 5 pending sales (homes still being shown), priced from $80,000 to $169,000 21 homes are under contract, priced from $68,000 to $322,900 The average listing price is $241,259 The median listing price is $179,000 Based on December 2008 sales, there is a 10.5 month supply of homes … (3 comments)

gretna home sales: Gretna and Terrytown, LA: February 2008 Home Sale Market Reports - 03/03/08 02:02 AM
It's that time of month again - time to take a look back at the single family home sales on the West Bank.   Here are the monthly reports for the City of Gretna (zip code 70053) and unincorporated Gretna and Terrytown (zip code 70056).
City of Gretna Home SalesSales of single family homes in the city of Gretna increased from 2 in January 2008 to 9 in February.  There were 15 homes pending sale at the end of January, so obviously a few didn't make it to closing.  Inspections and financing continue to be the primary reasons for a purchase agreement to … (3 comments)

gretna home sales: Gretna, LA and Terrytown, LA: January 2008 Home Sale Market Update - 02/06/08 06:04 AM
The January sales reports are in for the City of Gretna, LA, zip code 70053 and for unincorporated Gretna and Terrytown, LA, zip code 70056.
City of Gretna Home SalesWhile the average sale price has increased by almost 38% from January of 2007, the increase cannot be used as a market indicator with only 2 homes sold in January 2008.  After our early Mardi Gras, the usual increase in spring sales should start a little sooner this year.  I know that my phone has been ringing more often as more agents are calling for appointments on my West Bank listings, which is … (0 comments)

gretna home sales: Gretna LA: 2007 Home Sales Market Report - 01/02/08 04:50 AM
As we close the calendar on 2007 and enter a new year, take a look back at the historical trends for home sales in the City of Gretna, zip code 70053. 
Some highlights worthy of mention:
99 homes were sold in 2007, a decrease of over 21% from the number of homes sold in 2006.   This marks the smallest number of home sales in the area in 5 years.  87 (88%) of the homes sold in 2007 had a list price of less than $200,000. Days on market for homes sold was an average of 56 days As of 1/2/2008, there are … (2 comments)

gretna home sales: Gretna and Terrytown Homes for Sale - Market Update, October 2007 - 11/04/07 02:33 AM
West Bank market update for Gretna and Terrytown
October sales volume (number of single family homes sold) has declined from the 2006 level of 36 homes sold to 24 homes sold in October of 2007, a 33% decline in the total number of homes sold during the month.
It should be noted, however, that homes sales remained stable from September to October 2007, contradicting the national media reports of continuing drops in home sale activity.
 
 
 
 
 
 
 
 
 
 
 
Conventional loans remain the preferred method of financing a home purchase, accounting for 58% of the home purchases in 2007, down from 69% in 2006.Average sale prices in … (0 comments)

gretna 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)

gretna home sales: West Bank Real Estate Market Update, September 2007 - 10/04/07 02:28 AM
The question on everyone's lips these days seems to be "How's the market?" 
In compiling the following information on the West Bank real estate market, I noted the following information:
The number of under contract listings (those scheduled to close) is significantly higher than the number closed in September, indicating an increase in buying activityThe average sales price in Algiers increased from August to SeptemberThe average sales price in Harvey/Marrero/Westwego remains steadyThe average sales price in Belle Chasse, Gretna and Terrytown decreased from August to September 
 
Sales activity remains strongest for well priced investment opportunities and for turn-key homes that are move-in ready.  … (0 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






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