Pineville La Real Estate Market Report- July 2014
Searching for a home in Pineville Louisiana? Or perhaps it is time to sell your local home. Either way, invest a few minutes and take a look at how the market is performing. Click the Alexandria La link to see what that market is doing.
Homes Currently For Sale In Pineville Louisiana
As of Mid July, there are 144 homes for sale in the 75k-289k price range. Within this total include ranch homes, Tudors, mid-century moderns, and even a few Garden District Charmers. Need a condo? There are several across a wide price range.
Homes That Have Recently Sold In Pineville Louisiana
The summer market continues to churn. Within in the last ninety days, 89 homes have successfully closed escrow. That's almost one property per day! With an average sales price of only 165,862 dollars, these homes remain affordable for a large segment of the population. Combine this with low interest rates and owning a home is often cheaper than renting a similar unit.
How Long Will it Take My Pineville Louisiana Home To Sell
Every home is unique, but the market is averaging 59 days to find a buyer. For point of reference 180 days is considered a balanced market. Price right from the start, and the property should sell in short order.
Other Interesting Market Statistics
- In the last 30 days Five homes expired on the market. Even in a strong seller's market, some properties do not find a buyer.
- In the last 30 days forty-five new homes have entered the market.
A Note Of Warning Considering The Pineville La Housing Market
Do all these numbers have your head spinning? Contact Bayou Properties Realty (318) 613-1994 today!