Gretna LA 70053 | Home Sales and Real Estate Trends for September 2009

Current real estate activity in Gretna LA 70053:

53 homes for sale

High list price $287,100
Low list price $24,900
Average list price $148,388
Median list price $135,000

15 homes are under contract or pending sale, with an average list price of $142,841

Based on the number of homes sold in September 2009 (9), there is a 5.9 month supply of homes for sale in Gretna (a balanced real estate market).

Gretna LA 70053 | Number of Homes Sold | September 2009

Year to date, Gretna has seen 54 successful home sales, compared to 59 at the same time last year. Not bad, when the majority of the West Bank has seen the number of sales drop substantially from 2008 to 2009.

The average Gretna home sold in September had 3 bedrooms, 2 baths, 1373 square feet of living area and was on the market for 46 days. Homes priced right and in the best possible condition can still sell quickly!

The best news for Gretna is that the supply and demand of homes is in balance at this time. That could change quickly if a large number of homes come on the market for sale, but for now it’s one of the most stable markets on the West Bank of New Orleans.

Home Selling Tips

Gretna LA 70053 | Average Home Sale Prices | September 2009

While the number of Gretna homes sold is holding fairly steady, the average sale price has dropped by 7% from 2008. This is still not nearly as dramatic of a decrease as some other communities on the West Bank have experienced. The first time home buyer tax credit is about to expire, so it will be interesting to see if the average prices increase or decrease when that option is no longer available.

Home Buying Tips

All data provided by GSREIN and is deemed reliable, but not guaranteed