$779,000
1,902 SqFt
3 Beds
•2 Full Baths
Karon Reese, Listing Office: Reese & Company Real Estate, LLC
October 2024
Report Updated 13 Days Ago
Is 70115, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 70115 was a Seller's Market.
How much do homes in 70115, LA cost?
$583,333
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 70115 was $583,333 in October 2024, up 1.4% from last year, and the median price per square foot was $314.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $244.5K | $216K | -11.7% |
2 Bedrooms | $420K | $432.5K | +3.0% |
3 Bedrooms | $637.9K | $568.6K | -10.9% |
4 Bedrooms | $665K | $855K | +28.6% |
5+ Bedrooms | $820K | $768K | -6.3% |
Summary: 70115 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 6.3%.
How many homes are available in 70115, LA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
215 | 249 | +15.8% |
Summary: The 70115 real estate market had 249 homes for sale in October 2024, a 15.8% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 36 | 44 | +22.2% |
3 Bedrooms | 59 | 66 | +11.9% |
4 Bedrooms | 51 | 75 | +47.1% |
5+ Bedrooms | 61 | 56 | -8.2% |
Summary: The 70115 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 47.1%, and 5+ bedroom homes decreased by 8.2%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
27 | 23 | -14.8% |
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 70115 in October 2024, down by 14.8% month-over-month. Of the 23 sold homes, 70% were sold under asking, 22% were sold at asking, and 9% were sold over asking.
How long does it take to sell a home in 70115, LA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
40 Days | 82 Days | +103.8% |
Summary: Homes in 70115 had an average of 82 days on market in Oct 2024, up by 103.8% compared to last year.
8 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During October 2024, 23 homes were sold in 70115; 35% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 13 Days Ago
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Based on information from ROAM MLS for the period 11/01/2022 - 11/01/2024
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Last updated on: 11/14/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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