Belle Chasse, LA

Current real estate activity for Belle Chasse LA:

51 active listings

• High list price $1,700,000
• Low list price $85,000
• Average list price $414,827
• Median list price $305,000

12 pending sales, priced from $140,000 to $415,000

Based on March sales (3), there is a 17 month supply of homes for sale in Belle Chasse

Belle Chasse LA – Number of Homes Sold March 2009

Year to date, there have been 10 homes sold in Belle Chasse, compared to 23 at this same time last year.  New and newer construction is moving much faster than older homes, with the homes sold in March all coming in at or under 7 years old.

For sellers of older homes to compete with these younger houses, they need to be updated to offer the same type of amenities that buyers in the area are looking for.  Need a little help in understanding how to prepare your West Bank home for sale?  Read Getting Your Home Sold in This Market - 10 Steps to Success According to Professional Home Stagers

Belle Chasse LA – Average Home Sale Prices March 2009

The average home sale price in Belle Chasse for March was $388,066 (a reflection of the fact that these were all newer homes).  Year to date, the average sale price is $257,670, significantly below the 2008 average.  However, with the most active selling months just ahead of us, I would anticipate that the average sale price will increase. 

An important factor to remember when selling your Belle Chasse home is that appraisers are reviewing comparable sales for the last 90 days only, which could have a negative impact on your value.  If you are selling a unique property, it would be worth the $300-$400 to have it appraised before setting your list price.

I’m still recommending pre-inspections of homes as well – buyers are looking closely at condition and are not afraid to walk away from a property that needs a lot of repairs.

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

• Search Belle Chasse homes for sale
• Belle Chasse Real Estate Market Reports
• 2009 First Time Home Buyer Tax Credit FAQ
• 5 Dos and Don’ts for Home Sellers
• Find out what's going on in your West Bank neighborhood with a free Market Snapshot

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If you are considering buying or selling a home in Belle Chasse LA, please contact the West Bank Living Team.  We provide local, professional buyer and seller representation with an emphasis on YOUR needs.  It would be our pleasure to assist you.

Belle Chasse LA:  Current real estate market activity

• 54 active listings, priced from $85,000 to $1,700,000
• Average list price $396,198
• Median list price $298,500
• 5 pending sales, priced from $140,000 to $569,000
• Based on the number of homes sold in February (4), there is a 13.5 month supply of homes for sale in Belle Chasse

Belle Chasse LA – Number of Homes Sold February 2009

Belle Chasse is starting 2009 off a little slower than last year, with 7 sales so far compared to 15 at this same time in 2008.  The 7 homes sold this year were on the market for an average of 156 days, compared to the average of 106 days in February 2008.

I still anticipate an increase in the number of sales during the peak selling season of spring and early summer as more incoming transfers to NAS JRB New Orleans arrive and choose a place to live, with Belle Chasse always being among their top destinations. 

Belle Chasse LA – Average Home Sale Price February 2009

Average home sale prices have dropped significantly from 2008, but much of this can be attributed to a couple of low end sales that skew the average.  If those sales are removed, the average goes up to $257,400.  While still below the 2008 average, it’s more in line with the mid-range of home prices in the area.

Belle Chasse remains one of the few communities in the metro New Orleans area that still qualifies for 100% USDA financing, allowing home buyers to get moved in without as much money out of their pocket.  (Ask us about lenders who offer this financing)  Insurance costs continue to remain a factor for many buyers, since Plaquemines is a coastal parish and the rates can be substantially higher than many surrounding towns.

Are you considering buying or selling a home in Belle Chasse?  Contact the West Bank Living Team for more information about how to prepare yourself to compete in today’s real estate market.  It would be our pleasure to assist you.

• Belle Chasse homes for sale
• Belle Chasse Real Estate Market Reports
• Find out what's going on in your West Bank neighborhood with a free online market analysis

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

 

The West Bank Living Team provides professional real estate services to home buyers and sellers on the West Bank of New Orleans.  For answers to your real estate questions, please contact us today.

Overall for 2008, Belle Chasse is the bright spot in the West Bank real estate market. The number of homes sold remained steady from 2007, while the average sold price actually increased. This is a great performance, especially considering that home sales across the West Bank decreased both in number and average prices. Obviously, investing in real estate in Belle Chasse continues to be a good choice.

Current real estate statistics for Belle Chasse LA:

• 50 Active listings, priced from $114,900 to $1,700,000
• 1 pending sale (home still being shown) priced at $419,000
• 6 homes are under contract, priced from $65,900 to $460,000
• The average list price in Belle Chasse is $392,993
• The median list price in Belle Chasse is $294,750

Belle Chasse LA - Number of Homes Sold 2008

With 50 active listings on the market right now, and an average of 6 homes selling per month, the Belle Chasse inventory of homes for sale is still just a bit higher than that of a balanced market, but definitely not a cause for real concern.

The home sellers who have to be a little more patient are:

• Those who haven't done their homework to prepare their homes for sale and are hoping that location alone will sell their house. Even Belle Chasse buyers are not taking just any old house at any old price. Look at the competition in your price range - how does the condition and appearance of your home compare?
• Those who are on the higher end of the pricing ranges, since there is a smaller pool of qualified buyers for high end homes.

Belle Chasse LA - Average home sale prices 2008

Belle Chasse ended 2008 with an average home sale price of $331,625. This is an increase of 12% over the average 2007 price, and continues the fairly hefty appreciation of the area as a whole. With the median price for January well below the average sale price, it looks like Belle Chasse home sellers are being realistic about how to price a home to sell.

Between military relocations to NAS JRB and the lure of the public schools, Belle Chasse remains one of the most in demand communities on the West Bank of New Orleans. New construction is springing up along Woodland Highway, indicating that investors and developers are convinced that there is enough of a demand for housing in the area to support their projects. 2009 will be an interesting year to watch, as some of these homes are completed and the population increases.

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

Are you interested in buying or selling a home in Belle Chasse? Contact Lisa Heindel. It would be my pleasure to assist you.

Copyright 2009. Lisa Heindel and West Bank Living. All rights reserved.

Originally published at West Bank Living

Current real estate market statistics for Belle Chasse LA as of 11/5/2008:

• 62 active listings, priced from $73,900 to $1,700,000
• Average listing price of $386,993
• Median listing price of $302,500
• 2 pending but continue to show listings, priced from $138,000 to $233,900
• 4 under contract listings, priced from $41,900 to $399,500
• Based on October 2008 home sales, there is a 8.9 month supply of homes for sale in Belle Chasse LA, down from 11.8 months in September

Belle Chasse LA - Number of Homes Sold October 2008

Belle Chasse homes continue to sell at an average rate of 6 to 7 homes per month, putting the community on track to meet or exceed the number of sales recorded in 2007. These sales numbers are a significant change from 2004-2006, for a couple of reasons:

• The number of post Katrina home sales were much higher than the average due to the relocation of a significant number of home owners
• Property values in Belle Chasse, which are the highest on the West Bank, have risen to the point that many first time home buyers cannot afford to live in the community unless they are willing to take on a property that needs an almost complete renovation

Belle Chasse LA - Average Home Sale Price October 2008

Following the national trends, the prices of homes that have sold in Belle Chasse has continued to drift downward each month. While the month to month variations in averages are due to the small number of homes sold, the year to date average sale price gives a better picture of the market - homes are selling at prices more than 10% lower than in 2007.

Home sellers who are keeping track of the trends and adjusting their prices accordingly will be at the top of the list for the discriminating buyers out there today.

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

While these reports provide an overview of the Belle Chasse real estate market, your neighborhood may be experiencing something a little different. For a detailed report on your subdivision, contact Lisa Heindel. Success in selling your Belle Chasse home is all in the details.

Related Reading:

• Belle Chasse Real Estate Market Reports
• Home Selling Tips and FAQs
• Getting Your Home Sold in This Market - 10 Steps to Success According to Professional Home Stagers

Copyright 2008. Lisa Heindel and West Bank Living. All rights reserved.

Belle Chasse is growing again! Take a drive down Woodland Highway and you'll see the signs. Slow down enough and you can see that just behind the tree line there is a flurry of clearing activity happening. A new residential development, The Parks of Plaquemines, is in the works and awaiting approval from the Parish Council.

Since Belle Chasse continues to be one of the highest demand areas to live in on the West Bank, especially for military relocations to NAS JRB New Orleans, it's a relief to see some new construction on the horizon.

I had a chance to sit down with the developer this week to take a peek at what's in store at the newest exclusive West Bank community. Encompassing over 200 acres of wooded land, I truly expect The Parks of Plaquemines to be the latest feather in the cap of David Waltemath (who also helped develop the prestigious English Turn community in Algiers). Over 25 buyers have already placed their deposits on their chosen lots in Phase I - a sign that the area is ripe for the type of neighborhood amenities that will be offered in this new gated community, which includes the creation of nature trails, neighborhood parks and tot lots.

Although the clearing of some trees is taking place to provide space for streets and homes, a large portion of the land will remain untouched. A 15 foot wide walking trail will circle in and around the development, with some lucky home owners facing or backing up to green belts, parks and waterways. As the number of residents grows, a community pool, cabana and tennis courts will be added (the target right now is 50 completed homes) and HOA dues will be reduced until all of the amenities are up and running.

I'm very excited about this addition to the West Bank real estate market and can't wait to watch the building and development unfold!

For more information about covenants and restrictions, pricing on available lots and pre-sale discounts being offered, contact Lisa Heindel.

Copyright 2008. Lisa Heindel and West Bank Living. All rights reserved.