Belle Chasse LA 70037 | Home Sales and Real Estate Trends for September 2009

By
Real Estate Broker/Owner with Crescent City Living LLC

Current real estate activity in Belle Chasse LA:

53 homes are for sale

  • High list price $1,100,000
  • Low list price $99,000
  • Average list price $355,572
  • Median list price $292,450

12 homes are under contract or pending sale, with an average list price of $347,809.

Belle Chasse LA Real Estate 

Based on the number of homes sold in September (6), there is an 8.8 month supply of homes for sale in Belle Chasse.

Belle Chasse LA – Number of Homes Sold – September 2009

Belle Chasse LA Home Sales

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

 

Belle Chasse LA Home Sales 

Belle Chasse LA | Average Home Sale Price | September 2009

Belle Chasse LA Home Sales

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.

 

Belle Chasse LA Home Sales 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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Rainmaker
301,494
John Occhi
Mason Real Estate - Temecula, CA
SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate

I really like your charts - I have just started playing with charts in Excell?  What program do you do yours in?

I read Adam's blog, NEW GROUP - Market Reports about the new group, Market Reports - and it makes perfect sense to me that we leave comments for one another, to help with promoting each others market reports in the search engines.

John

October 18, 2009 06:24 PM #1
Rainmaker
94,945
Kathie Burby
Real Living Sugar Pine Realty - Sonora, CA
REALTOR, SFR, Tuolumne County Real Estate Guide

Lisa - Very clear picture of what is happening in the West Bank of New Orleans. You present the information well and a great use of graphs. Thanks for posting.

October 18, 2009 06:34 PM #2
Rainmaker
365,072
Lisa Heindel
Crescent City Living LLC - New Orleans, LA
New Orleans Real Estate Broker

Thanks, John.  The pie chart comes from my MLS, the other charts I created myself in Excel from a spreadsheet I've created with over 6 years of area sales information.  Time consuming for the initial set up, priceless when I can quickly update with last month's data and have a clear look at the market trends.

Kathie, thank you!

October 18, 2009 07:15 PM #3
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Rainmaker
365,072

Lisa Heindel

New Orleans Real Estate Broker
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