Homes For Sale in Pineville La- Spring 2015 Market Report
As the weather begins to warm, many people start to consider a move. Each year there is a marked increase in housing interest around this time. Planning a relocation to Pineville Louisiana ? Or perhaps circumstances mean selling your Pineville home. Either way, market knowledge is a valuable tool. Let's take a look at how the Pineville Louisiana real estate market has been performing.
Homes For Sale in Pineville Louisiana
As of early March, there were 128 homes for sale in the 75k-285k price range. Within this range, consumers can choose from Condos, Townhomes, properties in subdivisions, and even a few with substantial acreage. With an average size of over 1700 heated, this home for sale are typically larger than most apartments.
Homes That Have Recently Sold in Pineville Louisiana
2015 is shaping up to be a strong seller's market. Within the past thirty days, 28 homes have successfully closed escrow. Even in our small market that means almost one home a day is finding a new owner. How long will it take my Pineville Louisiana home to sell? Every home is unique, but homes are averaging a brisk 38 days on market. That's an absorption rate under four months!!! Price right from the start, then pack your bags.
The good news on the selling end extends to buyers. The average sales price is 165,586 dollars. Combine this with low interest rates and owner remains an attractive option.
A Cautionary Note For Home Sellers
Even in this robust seller's market, 22 homes failed to find a buyer. How is this possible? Usually this is due to pricing over market value, then not responding with effective price adjustments. Did your home fail to sale? Contact Bayou Properties Realty (318) 613-1994 and ask about our second chance seller program. We focus on turning OLD into SOLD!
Bayou Properties Realty Spring 2015 Housing Forecast
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