$1,876 Closing Credit*
$158,000
1,357 SqFt
3 Beds
•1 Full Bath, 1 Partial
Stan Cole, Listing Office: Century 21 United
Is South Broadmoor, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, South Broadmoor was a Seller's Market.
Key Takeaway
South Broadmoor is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in South Broadmoor, LA
How much do homes in South Broadmoor, LA cost?
Median Sold Price
$195,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$12,450(-6.0%)
Key Takeaway
Homes in South Broadmoor have sold for 6% less than they did a year ago.
Summary: The median home sold price in South Broadmoor was $195,000 in November 2024, down 6% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.9K | - | N/A |
| 2 Bedrooms | $125K | $127.4K | +2.0% |
| 3 Bedrooms | $221.2K | $216.2K | -2.2% |
| 4 Bedrooms | $335K | $296.5K | -11.5% |
| 5+ Bedrooms | $426.5K | $465K | +9.0% |
Summary: South Broadmoor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Neighborhoods
| Shreve Island | $195.7K | $197.5K | +0.9% |
| Huckleberry Ridge | $387.5K | $381K | -1.7% |
| Broadmoor | $193.1K | $184.9K | -4.3% |
| South Broadmoor | $207.4K | $195K | -6.0% |
Housing Supply in South Broadmoor, LA
How many homes are available in South Broadmoor, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 63 | +10.5% |
Summary: The South Broadmoor real estate market had 63 homes for sale in November 2024, a 10.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 37 | 39 | +5.4% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The South Broadmoor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Broadmoor, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in South Broadmoor in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for South Broadmoor, LA
We’re sorry, we don't have information for this market at the moment
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