With the 1st quarter of 2008 complete, here are current (4/6/2008) and historical real estate sales information for Harvey, LA:
- 192 active listings, priced from $40,900 to $1,400,000
- 10 pending listings (contract accepted, but continuing to show), priced from $117,500 to $429,000
- 49 under contract listings, priced from $20,000 to $399,000
Harvey, LA: Number of Homes Sold
March showed a nice increase in the number of home sales in Harvey, with 29 closings, up from 15 in February. While still well below the 43 sales recorded in March 2007, it looks like spring has sprung in the Harvey market this year.
A total of 57 sales were recorded in the 1st quarter of 2008, compared to 82 at the same time in 2007.
Harvey, LA: Average Single Family Home Prices
The March average sale price of $158,461 was down quite a bit from the February average of $216,820, but the first quarter of 2008 ended much higher than 4th quarter 2007. Hopefully, this is the beginning of a trend for home sellers.
With 192 active listings, there is currently a 6.6 supply of homes for sale in the area – a balanced market based on recent sales! Buyers who are interested in homes in the Harvey area should be ready to write those offers when they find the right home, since the oversupply of listings has disappeared.
This is terrific news for Harvey home sellers! With spring being the traditionally “hot” time to buy or sell a West Bank home, I expect the good news to continue for at least the next couple of months. If you are interested in selling your Harvey home, now is the time to get it on the market with an experienced West Bank agent who has a great marketing plan. Feel free to give me a call, drop me a line, or leave a comment below with any of your real estate questions.
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.