October 2016 Metairie, La. 70006 Market Report

By
Real Estate Broker/Owner with Frank Rubi Real Estate, LLC La Broker 09995688826

 

Metairie | Kenner |Covington

Homes for Sale Metairie, La.  

Market Report for Homes for Sale in Zip Code 70006

Days on Market | New Listings 

 

 

DOM is often used in Real Estate terms in Homes for Sale talk. DOM refers to Days on Market. Home for sale in Metairie in Zip Code 70006 DOM in October 2016 was 91 Days. DOM is the average time a house is on the market. This is down, in October 2015 the DOM was 118 days.

 

New Listings- These figures represent the homes for sale in zip code 70006. October 2016 saw new listing in the amount of 11This is compared to 25 homes new to the market in October 2015.

 

Bottom Line - The average price for Homes for Sale in Metairie zip code 70006 was $232,000. This represents an increase in the price of about 33%. The average price in zip code 70006 in October 2015 $174,000. The majority of Homes Sold in zip code 70006 was bracketed in the $200,000-$300,00 price point. 

 

Price per Square foot: The price per SQ foot in Metairie homes for sale, depending on condition could range from $110-$120

 

Inventory is very low. Homes with Condition that match price point are not lasting very long. 

What's That House Worth?

 


 

Hire a Madisonville |Covington | Baton Rouge Real Estate Broker and my team of Realtors who can explain the importance of common sense tips in Selling property in St. Tammany Parish, St Charles or Jefferson Parish and Baton Rouge. As a Realtor, I receive stats on today’s Real Estate trend and will make sure your selling or buying efforts are up – to – date with what Buyers and Sellers are looking for.

Feel free to call me if you need a better understanding of the financial implications of purchasing a property. 

If you are thinking about buying or selling a home in St. Tammany |Jefferson Parish, or any of the surrounding parishes.

 

 Drop Me a Note or Call

 

Visit

FRANKRUBIREALESTATE.COM

 

Find out

How Much Is Your Great Louisiana Home is Worth

 

Frank Rubi Real Estate, LLC

 

504-319-9696

 

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october 2016

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