Alexandria Louisiana Real Estate Report-- Late Spring 2013
As we near the half way point of 2013, the Alexandria La continues to show signs of health. Lets take a closer look at recent trends from our local MLS. Got a particular question concerning your Alexandria La home? Call Doug Rogers (318) 613-1994 or click Alexandria Louisiana real estate for an appointment.
Homes Currently For Sale
As of June 5th, there are 207 homes for sale in Alexandria La, priced from 75k-309k. Homes priced below this range are typically considered investment properties. Whereas a home priced North of 310k would be considered a luxury home in this area. The average list price is 171,400 dollars. Thanks to historically low interest rates such properties appeal to a wide range of buyers.
Recent Homes That Have Sold
In the past ninety days, 114 homes have sold in Alexandria La. With an average transaction price of 164,400 dollars buying a home is an attractive option for most consumers. How long will it take to sell my home in Alexandria Louisiana? Every property is unique, but homes are averaging 96 days on the market.
What does this report mean for Alexandria home Buyers
Consumers moving to the area should find home ownership an affordable option. Keep in mind the numbers above are AVERAGES. If a home hits the market priced just below value, it is not uncommon to have an offer in less than 24 hours. Sleep on your dream home and you might awake to find it sold. do as much research in advance BEFORE physically touring homes.
What does this report mean for Alexandria home sellers
Typically, 6 months is considered a balanced market. With a marketing average of 96 days, the surge has shifted toward the seller. But even in a "hot market" some homes fail to close. Make sure your Alexandria La home is in show condition and priced right when you enter the market.
Comments(1)