New Orleans Real Estate - Market Report - St. Bernard - 1/3/13

By
Real Estate Broker/Owner with Nick Galiano Realty
New Orleans Real Estate - Market Report - St. Bernard St.bernard2.JPG

Happy New Year! We open up our 2013 market reports with a look at St. Bernard. It looks like this is another area that is starting to see signs of a buyer's market. The average days on the market are just about at 3.5 months and the price per square foot sold is hovering around the low to mid 80's. There are a lot of houses on the market and they are averaging over 200 days with an $83 price/sq.ft. It may be condition representation or location or other unknown factors that are causing houses to sit.

Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.

We head back to Orleans Parish next week. Here's a look at the schedule for our upcoming market reports.

Jan. 10 - Lakeview
Jan. 17 - Lakeshore
Jan. 24 - French Quarter
Jan. 31 - Marigny/Bywater
Feb. 7 - Gentilly
Feb. 14 - New Orleans East
Feb. 21 - Mid-City
Feb. 28 - Warehouse District
Mar. 7 - Garden District
Mar. 14 - Broadmoor
Mar. 21 - Uptown

Please view our neighborhood market data on Thursday, Jan. 10, 2013
Please join us for our next blog installment on Monday, Jan. 7, 2013

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Tags:
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new orelans real estate
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Rainmaker
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Miriam Bernstein, CRS
Rochester, NY

Nick, love market reports but when you say headed towards a buyer's market with 3.5 months of inventory believe you mean a seller's market?

Jan 08, 2013 12:21 AM #1
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Rainer
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Nick Galiano

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