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 holding fairly steady from month to month.
While the media focus has been on the first time home buyer tax credit and FHA loans, amazingly enough there were no FHA loans that closed in Terrytown in September.
| Type of Financing Used | Number of homes sold |
| Conventional loans | 6 |
| Cash | 7 |
| VA loans | 2 |
Terrytown and Gretna LA | Average Home Sale Price | September 2009
The bad news is that average home sale prices are down 5% from last year – and that’s really not so bad when compared to some of the other West Bank neighborhoods that have been hit hard.
The good news is that unless you purchased your home in 2006-2008, you more than likely have built equity in it, just not at the same rate we saw in the early 2000s.
Homes that are priced right and in excellent condition continue to attract the most attention and sell faster than homes that need a little TLC.
All data provided by GSREIN and is deemed reliable, but not guaranteed
Terrytown and Gretna LA homes for sale
Find out what's going on in your West Bank neighborhood with this week's free market snapshot.
Questions? Contact the West Bank Living Team. It would be our pleasure to assist you with any of your real estate needs.
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