Metairie Real Estate – Bissonet Area Market Report
August 20, 2009 at 8:04 am Leave a comment
Home Sales and Real Estate Market Report
Bissonet, Metairie, LA
January 1, 2009 – July 22, 2009
There are 19 homes for sale in the Bissonet Area:
- Highest list price: $269,900
- Lowest list price: $99,900
- Average list price: $187,010
As of July 22, 2009 there were 2 pending sales:
Low Price: $84,750
High Price:$259,900.
The average home listed in the Bissonet area has been on the market for 124 days.
There is currently a 6-month supply of homes for sale in the area, based on the 3 homes sold in June.
The following homes were sold Year to Date:
| Address | BR | FB | HB | Liv. Area | Sold Price |
| BISSONET DR | 3 | 2 | 1400 | $115,000 | |
| LOVELAND ST | 3 | 2 | 1265 | $155,000 | |
| TARTAN DR | 3 | 2 | 1188 | $160,000 | |
| WILTY ST | 3 | 2 | 1450 | $160,000 | |
| BISSONET ST | 3 | 2 | 1547 | $166,000 | |
| PURDUE DR | 3 | 2 | 1300 | $176,500 | |
| HASTINGS ST | 3 | 2 | 1950 | $195,000 | |
| BISSONET DR | 4 | 2 | 1 | 1697 | $189,000 |
| BLANKE ST | 4 | 2 | 2700 | $205,000 | |
| BLANKE ST | 4 | 2 | 2700 | $220,000 | |
| GILLEN ST | 4 | 2 | 1 | 2200 | $230,500 |
| PURDUE DR | 3 | 2 | 1 | 1907 | $247,750 |
| CLEVELAND PL | 5 | 3 | 1 | 3325 | $357,000 |
Home sales in the Bissonet area have been slightly up and down this year, but have been higher and more constant in June and July. A few reasons for this could be that Summer months tend to be favored for moves by families with school children, and also some positive signs of housing market recovery as noted by the media. However, home sales in the area remain slightly down from 2008 as shown below.
The number of home sales in the area has been progressively decreasing since 2006. However, one has to take into account that an unusually high number of homes were sold in 2006 after Hurricane Katrina, to displaced residents from other surrounding areas. While home sales are down slightly from 2008 figures, there has been positive news on the housing market recently, as well as the available first-time homebuyer tax credit that could bring the Bissonet area’s sales close if not breakeven to 2008 figures.
This Metairie Real Estate blog post brought to you by Chad Janusa, Realtor at Avalar Realty Louisiana. Please visit my Metairie Real Estate Website.
To search for properties in the New Orleans area, visit the Metairie area Property Search.
For all of your Real Estate needs, Chad can be easily reached via text or phone at (504)-376-4233 or via e-mail at chad.janusa@gmail.com
Each office independently owned and operated.
Data received from GSREIN MLS. All figures are deemed reliable but are not guaranteed.
Entry filed under: Bissonet, Market Reports. Tags: Bissonet, Chad Janusa, Market Report, Metairie, Real Estate.
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