Alexandria La Real Estate Market Report Late Summer 2024
With the first taste of cold weather in the forecast (okay upper 80's but that beats the swamp heat of late), let's check the temperature of the Alexandria Louisiana housing market. Considering purchasing or selling anytime soon? Knowing the market is key!
Homes Active For Sale In Alexandria Louisiana
As we enter the heart of September, there are currently 140 homes for sale in Alexandria La in the 85,000-600,000 dollar price range. With an average asking price of 254,451 homes in this area remain affordable for a wide segment of the population.
Homes That Have Sold In Alexandria Louisiana
In the last six months, 197 homes have successfully closed escrow. How long should it take your Alexandria La home to find a buyer? Every property is unique, but thus far in 2024 homes are coming off the market in 56 days. With an average CLOSED Price (what a ready, willing, and able buyer was willing to do) 240,234 Alexandria area home purchasing is an attractive alternative to renting.
Other Important Market Statistics
Year to date, 78 homes have failed to find a buyer during their listing contract. Some of these 78 came off the market early due to a variety of reasons. During this same time period, 124 new listings have hit the market.
What Do These Numbers Suggest To Alexandria La Home Buyers And Sellers
Even in an era of high interest rates, economic uncertainty, and a political environment best described as a "tire fire" home transactions have continued. Buying a home in Alexandria La? The bidding wars of 2020-2021 have eased but prospective buyers should have their financial ducks in a row early in the process.
For Alexandria La area sellers it's critical to price right from the start. Homes that are priced right are attracting attention early on, while those that ignore the market tend to linger.
Buying or selling in 2024? Call Doug Rogers (318) 613-1994 to get the best deal possible! Want to explore local housing inventory? Go to Alexandria La Homes For Sale to see properties listed on the local MLS.
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