Home Prices in Praieiville, LA for March 2018
Real estate market data for Prairieville, LA provided by Cindy Allen of Keller Williams Realty Red Stick Partners
Call 225-571-8667 if you would like more detailed market information specific to your property or neighborhood, click here.
Prairieville Home Prices
We have seen 8 straight months of listing price holding steady on home prices in Prairieville. If you are considering buying a home you can still find deals on a house in Prairieville but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you get a deal on your home, you'll want to have an agent that does a thorough market analysis of the Prairieville home on which you are making an offer.
If you are interested in how much current inventory is on the market in Prairieville you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Prairieville, homes have a median time of 49 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Prairieville has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
If you are interested in how much current inventory is on the market in Prairieville you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Prairieville, homes have a median time of 49 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Prairieville has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
Prairieville Real Estate Report Summary
The median list price in March for single family homes in Prairieville is $292,000. The number of active listings is 231 which has increased by 26.6% over last month.
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Find Homes for Sale in Prairieville, LA
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