Hot in Mid-City. July Market Update.
Published on 07/31/18 by Tara Theriot Landry
The Mid-City market is on fire!
In July 2018 there were 99 active residential properties on the market, up 8% from last year. In the Mid-City area, residential listings currently average 38 days on the market showing a downward trend of 31% from last year. This low number indicates a positive direction for turnover rates. The median sales price was just under 300K. So, what does all this data mean? In the current market, sellers are experiencing a quick turn over rate and buyers must be prepared to move on a property or risk losing it!
If you own in Mid-City call me today, 504-400-8279, for free market analysis.