There are currently 156 active listings for single family homes and condos in Metairie (70003). Only 7.7% of those are distressed listings (short sales and forclosures)
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
The number of active listings in Metairie (70003) increased by 6.4%from the previous month.
The median number of days active properties have been listed is 66. This is significantly shorter than the national average.
The number of sales in September dropped by 83.3% from the previous month.
The percentage of unoccupied properties is very low in Metairie (70003). It is 11.32% below the national average.
Median household income in 70003 is $54,813 with 657 households earning between $35,000 to$40,000 annually.
18.28% of the people have completed a bachelors degree as their highest education level.
Overall crime risks in Metairie (70003) are less than half of the national average.
QUOTE:
"We are currently experiencing an inventory shortage in the Metairie area. There are more buyers seeking to move to the area than there are available homes for sale. That's why I have been encouraging those who are thinking about selling that now is definitely the time!"
-says Terez Harris, Lead Agent at Terez Harris NOLA Real Estate Group.
(504)297-2619
Keller Williams Realty New Orleans 8601 Leake Ave. New Orleans, LA 70118 504-862-0100
Each office independently owned and operated. All brokers licensed in the state of Louisiana.
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