Is Tall Timbers / Brechtel, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Tall Timbers / Brechtel was a Seller's Market.
Housing Prices in Tall Timbers / Brechtel, LA
How much do homes in Tall Timbers / Brechtel, LA cost?
Median Sold Price
$276,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tall Timbers / Brechtel was $276,000 in April 2024, down 4.8% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $76K | - | N/A |
2 Bedrooms | $93.8K | $90.5K | -3.5% |
3 Bedrooms | $177.7K | $141K | -20.7% |
4 Bedrooms | $319K | $294.9K | -7.5% |
5+ Bedrooms | $375K | $323K | -13.9% |
Summary: Tall Timbers / Brechtel housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Neighborhoods
Tall Timbers / Brechtel | $290K | $276K | -4.8% |
Old Aurora | $248K | $227.5K | -8.3% |
Algiers | $260K | $225K | -13.5% |
Behrman | $166K | $141.2K | -14.9% |
Housing Supply in Tall Timbers / Brechtel, LA
How many homes are available in Tall Timbers / Brechtel, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Summary: The Tall Timbers / Brechtel real estate market had 47 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Tall Timbers / Brechtel housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Tall Timbers / Brechtel in April 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tall Timbers / Brechtel, LA
How long does it take to sell a home in Tall Timbers / Brechtel, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 24 Days | -45.8% |
Summary: Homes in Tall Timbers / Brechtel had an average of 24 days on market in Apr 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Tall Timbers / Brechtel; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.