Southeast Shreveport Neighborhood Market Report

By
Real Estate Agent with Licensed by the Louisiana Real Estate Commission SALE.74032-ACT

March 2013 Data

This monthly feature shows the home listing and selling prices for the major gated communities in Southeast Shreveport.

March 2013 For Sale Avg List Price Pending Sale Avg Pending Price Sold Avg List/
Sale Price
List to Sale % Avg Days on Mkt
Acadiana Place/
Twelve Oaks
22 $374,813 8 $329,742 7 $358,957/
$352,285
98 96
Emberwood/
Ellerbe Rd Estates
10 $249,650 0 $----- 3 $236,633/
$230,000
97 47
Long Lake Estates 4 $476,225 2 $562,000 2 $579,450/
$552,500
95 84
Norris Ferry Crossing 17 $232,323 2 $231,950 3 $225,800/
$221,966
98 101
Norris Ferry Landing/
Hidden Trace
14 $290,338 2 $287,450 4 $301,200/
$295,000
97 86
Provenance 11 $311,790 3 $382,900 2 $341,500/
$344,586
101 108
St. Charles Place 8 $386,350 3 $279,675 0 $-----/
$-----
-- --
Southern Trace 11 $583,863 4 $497,787 2 $539,000/
$520,000
96 125

The data in the table are for single family homes which includes patio homes. In the case of Provenance, it also includes town homes. Homes for Sale is the total number of houses currently for sale in that neighborhood. Homes Pending are houses that are under contract. Homes Sold are homes that have been under contract and actually closed during the month.

Buyers are jumping off the fence to get into a new Shreveport home.The length of time a home is staying on the market is shortening as indicated by the DOM figures.  We are in the beginnings of a market recovery, and the buyers are jumping off the fence to take advantage of the still low interest rates.  Now IS a good time to buy, so it's also a good time to get your house listed.

MLS Data - These figures come from the Northwest Louisiana Association of REALTORS® Multiple Listing Service and are deemed reliable but not guaranteed.

GoodWin Team Realty

Heather Goodwin, Broker
Shreveport, LA
318-918-8248

Heather@GoodWinTeamRealty.com

Serving all of Shreveport and Bossier City

Licensed by the Louisiana Real Estate Commission

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I'm not here as often as I was in the past. But I could certainly say, I'm glad you are back!

Apr 27, 2013 01:26 PM #1
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Heather Goodwin

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