254 homes are for sale in Marrero
56 homes are under contract or pending sale, with an average list price of $136,680
Based on the number of homes sold in September (24), there is a 10.6 month supply of homes for sale
Year to date, there have been 266 homes sold in Marrero, compared to 286 at the same time in 2008. This 7% decrease in the number of home sales is typical of the current West Bank real estate market, which has seen sales slide across the area since the high point of 2006.
FHA remains the financing option chosen by the majority of home buyers in Marrero. Why is this important? Because 62% of the FHA buyers in September also required an average of $5,557 in assistance from the seller with their closing costs and prepaids (insurance, lender fees, etc.). When selling your home, you need to know what concessions other sellers are making in order to successfully sell their properties.
Average sale prices in Marrero are down 9.5% from the 2008 average, but are running just a hair above the 2005 average. Unless you purchased your home post-Katrina, you more than likely have built at least a little equity in it. Of course, this varies from neighborhood to neighborhood, with some performing better than others. Find out what's going on in your neighborhood with this week’s free market snapshot
All data is provided by GSREIN and is deemed reliable, but not guaranteed
Related Reading:
Search Marrero LA homes for sale
More Marrero Real Estate Market Updates
Home Selling Tips
Home Buying Tips
Do you have questions about the Marrero real estate market? Contact the West Bank Living Team today for professional real estate services and advice. It would be our pleasure to assist you.
157 homes for sale
70 homes are under contract or pending sale, with an average list price of $152,624
Based on the number of homes sold in September (16), there is a 9.8 month supply of homes for sale in the area.
Harvey has seen 147 homes sold through September 2009, compared to 200 at the same time last year (a decrease of 26.5%). Like most other areas, the majority of Harvey home buyers are using FHA financing. These loans require the lowest down payment possible (3.5%) and appeal to the first time home buyers who are trying to get closed before the tax credit expires at the end of November.
Of note is the fact that 44% of the September buyers received an average of $2,756 in assistance from the seller with their closing costs and prepaids. If you are considering selling your Harvey home, be sure that the agents you talk to can provide you with adjusted sales prices to take any of this assistance into account when determining an acceptable sales price.
While the average sale price dropped from August to September, the year to date average is still almost 7% higher than in 2008 – a rare occurrence of increasing prices in today’s market! Remember, though, that this average does not take into account any seller paid assistance or allowances provided to the buyers at closing and your agent should be able to provide details such as this for sales in your neighborhood.
All data provided by GSREIN and is deemed reliable, but not guaranteed
Related reading:
Harvey LA homes for sale
Harvey LA Real Estate Market Reports
Home Buying Tips
Home Selling Tips
Find out what's going on in your West Bank neighborhood with this week's free market snapshot
Questions? Feel free to contact the West Bank Living Team for any of your real estate needs. It would be our pleasure to assist you.
167 homes are for sale
67 homes are under contract or pending sale, with an average list price of $172,469
Based on the number of homes sold in September (15), there is an 11.13 month supply of homes for sale
Although they are down about 9% from this time last year, the number of home sales in Terrytown and Gretna is holding fairly steady from month to month.
While the media focus has been on the first time home buyer tax credit and FHA loans, amazingly enough there were no FHA loans that closed in Terrytown in September.
| Type of Financing Used | Number of homes sold |
| Conventional loans | 6 |
| Cash | 7 |
| VA loans | 2 |
The bad news is that average home sale prices are down 5% from last year – and that’s really not so bad when compared to some of the other West Bank neighborhoods that have been hit hard.
The good news is that unless you purchased your home in 2006-2008, you more than likely have built equity in it, just not at the same rate we saw in the early 2000s.
Homes that are priced right and in excellent condition continue to attract the most attention and sell faster than homes that need a little TLC.
All data provided by GSREIN and is deemed reliable, but not guaranteed
Terrytown and Gretna LA homes for sale
Find out what's going on in your West Bank neighborhood with this week's free market snapshot.
Questions? Contact the West Bank Living Team. It would be our pleasure to assist you with any of your real estate needs.
53 homes for sale
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).
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.
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.
All data provided by GSREIN and is deemed reliable, but not guaranteed
Find out what's going on in your West Bank neighborhood with this week's free market snapshot.
Questions? Contact the West Bank Living Team. It would be our pleasure to assist you with any of your West Bank real estate needs.
53 homes are for sale
12 homes are under contract or pending sale, with an average list price of $347,809.
Based on the number of homes sold in September (6), there is an 8.8 month supply of homes for sale in Belle Chasse.
As of September 2009, there have been 50 homes sold in Belle Chasse this year, compared to 59 at the same time last year (a decrease of 15% in the number of sales). The area continues to buck the financing trend with the majority (67%) of home buyers using conventional mortgages instead of the more popular FHA loans.
| Type of Financing Used in 2009 | Number of homes financed |
| Convention | 19 |
| FHA | 10 |
| VA | 10 |
| Cash | 7 |
| Other | 4 |
Home prices in Belle Chasse have dropped significantly from 2008 to 2009 (21%), ending September with an average home sale price of $262,411, reversing the increasing prices the area has experienced for the last few years. However, unless you purchased your Belle Chasse home in 2006-2008, the odds are good that you have still seen an increase in the amount of equity you have in your home.
All data provided by GSREIN and is deemed reliable, but not guaranteed
Belle Chasse LA homes for sale
Belle Chasse Real Estate Market Reports
Find out what's going on in your West Bank neighborhood with this week's free market snapshot.
Questions? Contact the West Bank Living team
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New Orleans West Bank Real Estate| Homes for sale in Algiers|Algiers Point|Belle Chasse|Gretna|Terrytown|Harvey|Marrero|Westwego| Louisiana|home buyers|home sellers|military transfers to NAS JRB
I live and work on the West (Best) Bank of New Orleans, listing and selling homes in Algiers, historic Algiers Point, Gretna and Terrytown, Belle Chasse, Harvey, Marrero and more. I have been a full time real estate agent since 2002, when I left the corporate world of banking after 19 years to follow my dream of being involved in the real estate industry. An Algiers resident, I take pride in all that the West Bank has to offer and welcome everyone relocating to our area. Whether you are moving from across the river or across the country, I am available to assist you in choosing the right West Bank neighborhood for you.
Military relocations to the Naval Air Station, Joint Reserve Base on the New Orleans West Bank are made easy with my in-house lender who offers many choices in VA financing, including direct VA lending. If you are being transferred to NAS JRB New Orleans, contact me for a list of available housing in the area and we can get to work making your relocation as smooth as possible.
Why choose Lisa Heindel as YOUR agent?
I LOVE HOUSES! Small or large, beautiful or ugly, I think every house has potential. OK...almost every house has potential. Being able to see the potential in each home makes it easier for me to focus on the positives when marketing them or helping a buyer to "see" what a home could be. Taking the most flattering photos possible, creating virtual tours, designing flyers for virtual distribution...these are all part of my services to every client, in every price range. Working with Sellers
In today's rapidly changing market, there is nothing more important to a seller than the ability to get your home in front of as many buyers as possible. I have been studying home staging and I am working to incorporate some of those principles into my listing plan. Helping my West Bank sellers put their correctly priced homes into prime condition and moving them towards a quicker sale is my primary focus. Today's buyers have more choices than ever in home ownership. This can be overwhelming to most people when faced with literally dozens of choices in the market. Assisting buyers has become a much more specialized effort, so I have teamed up with a dedicated buyer's agent as part of the West Bank Living Team. We can help you narrow down your wants and needs to find the perfect new neighborhood and home for your family. Need help finding a mortgage lender, a home inspector or a title company? Our proven team of partners can assist with every step along the way. Professional guidance through the buying process can eliminate most of the stress involved - let's make finding a new home the fun adventure it can and should be!
I specialize in homes for sale on the West Bank of New Orleans and West Jefferson Parish. Growing up in the area gives me a real appreciation for all of the great amenities the West Bank has to offer and how unique each area is. From Algiers to Avondale, the West Bank is a collection of diverse neighborhoods with homes ranging from historic to newly constructed, from affordably priced starter homes to multi-million dollar properties.
I work with both buyers and sellers, but my passion is being a listing agent. Putting together a marketing plan for a new listing is always very exciting and I want that excitement to shine through in all that I do. I believe that part of my success comes the open lines of communication that my clients have learned to expect from me. Weekly emails, updates after showings, "just touching base" calls, 24/7 web access and keeping my sellers up to date on the current market are all part of my standard services. I strive to always exceed the expectations of all of my clients.
When I list your West Bank home for sale, I guarantee you the following services: Please visit West Bank Living where you can:
NOMAR (New Orleans Metropolitan Association of Realtor) Silver Sales Award 2006, 2008
Latter & Blum Silver Sales Award 2002, 2003, 2004, 2005
Latter & Blum Gold Sales Award 2006
Member of:
Krewe of Choctaw A West Bank Mardi Gras family tradition.
StayLocal! is an organization dedicated to the support of locally owned and operated businesses in the New Orleans Metropolitan area. Please visit their website to see how your city can stay local too.
Client Testimonials:
Dear Terry and Lisa-
Bruce and I would like to thank you both for all of your hard work and perseverance in helping us buy our 1st home. We couldn't have done it without you! You both made this process less frightening and less stressful!!! We feel privileged to be the first closing you had as a team. You truly worked as a team in every sense and we appreciate it. Thanks again for being with us every step of the way. Catherine & Bruce
Dear Lisa,
We want to thank you for all you've done for us in the past few weeks - this one especially. We're hoping a real "thank you" comes with a closing! You have been invaluable to us - we're so glad we found your website!! Thanks again,
The Beatties
Hi Lisa:
Just to let you know, I was very impressed with all of your knowledge and handling of the sale of my house.
I was very satisfied with the efforts, hard work and service you provided in the sale of my ranch home on Rhodes Ave. If I may go one step further, Latter & Blum is so lucky to have such a fine professional working for them and that you are an asset to the company.
We will definitely recommend you to everyone we know in New Orleans. P.S. Come visit Colorado!
Sincerely, John R. Boutte
Lisa,
You have been a blessing throughout this whole process. Thank you again for all your help with my family and assisting my mother. We love this site of our new home, how awesome it that. If I know of any more military families coming to New Orleans I will definitely send them your way.
We are looking forward to moving into our new house and making it our home.
Thanks again,
Angela and Douglas
Lisa, Thank you so much for helping us find our new home in New Orleans! You've been wonderful to work with and have gone way above and beyond. We won't forget you and we'll be passing on your name and number to anyone looking in the area! Many thanks! The Jones Family __________________________________________________ Lisa, Thank you for all your hard work on the closing of our house. It was a pleasure working with you. We love our new home! Thanks, Charles & Jennifer
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