English Turn | Home Sales and Real Estate Market Trends for September 2009

Current real estate activity in English Turn:

42 homes are for sale in English Turn

• High list price $1,995,000
• Low list price $395,000
• Average list price $688,392
• Median list price $557,383

3 homes are under contract or pending sale, with an average list price of $474,667

Based on the number of homes sold in September (1), there is a 42 month supply of homes for sale in the community

English Turn | Number of Homes Sold | September 2009

Year to date, there have been 18 home sales in English Turn, compared to 21 at the same time last year. 

3 of this years sales have been foreclosure or bank owned properties, which are selling for about $110 per square foot compared to $132 per square foot for normal resale homes in English Turn.

English Turn | Average Home Sale Prices | September 2009

Average home sale prices in English Turn are down to $507,378 as of the end of September 2009.  This is a decrease of 14% in the average sale price when compared to 2008.

My initial thought was that with so few sales, the handful of foreclosures were impacting the average prices.  But removing those from the mix resulted in an average of $507,607 – a negligible change not even worth noting.

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

Related information:

Algiers LA homes for sale
New Orleans West Bank Homes for Sale

Home Selling Tips
Home Buying Tips

Are you considering buying or selling a home in English Turn?  Feel free to contact the West Bank Living Team with any of your questions or just for a little advice.  It would be our pleasure to assist you with any of your real estate needs.