Magnolia Trace Home Sales
Today’s review is of Magnolia Trace home sales over the last 5 years. While there are never a large number of sales in this established West Bank neighborhood, owners will be happy to know that total sales have been steadily increasing since 2012 and average sale prices took a pretty substantial jump in 2015.
After ending 2014 at $371,800, the average sold price increased by 20% in 2015. This is a trend we are seeing in multiple West Bank neighborhoods as prices in the city proper continue to rise at a rapid increasing rate.
Other things to know about Magnolia Trace home sales
There are some months where not a single home hits the market in the neighborhood. When properties are listed, it’s definitely a seller’s market.
With few exceptions, homes sold in less than 60 days in 2015.
Sold terms in 2015
- FHA = 1
- Cash = 2
- Conventional = 1
- Unknown/undisclosed = 2
Call us today at 504-327-5303 and let one of our Magnolia Trace neighborhood experts show you homes for sale
Magnolia Trace homes for sale
[static_listings id=’33681′]
