$5,284 Closing Credit*
$445,000
3,677 SqFt
4 Beds
•3 Full Baths, 2 Partial
Matthew Davis, Listing Office: 1 Percent Lists Legacy
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 October 2023
At the same time last year, Tall Timbers / Brechtel was a Neutral Market.
Key Takeaway
Tall Timbers / Brechtel is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tall Timbers / Brechtel, LA
How much do homes in Tall Timbers / Brechtel, LA cost?
Median Sold Price
$251,500
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$28,500(-10.2%)
Key Takeaway
Homes in Tall Timbers / Brechtel have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in Tall Timbers / Brechtel was $251,500 in October 2024, down 10.2% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $92.4K | $90K | -2.6% |
| 3 Bedrooms | $176K | $187.5K | +6.5% |
| 4 Bedrooms | $302.5K | $284K | -6.1% |
| 5+ Bedrooms | $380K | $438K | +15.3% |
Summary: Tall Timbers / Brechtel housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 15.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Behrman | $136.4K | $160K | +17.3% |
| New Aurora | $135K | $152.5K | +13.0% |
| Old Aurora | $233.2K | $222.5K | -4.6% |
| Algiers | $234.1K | $215K | -8.2% |
| Tall Timbers / Brechtel | $280K | $251.5K | -10.2% |
Housing Supply in Tall Timbers / Brechtel, LA
How many homes are available in Tall Timbers / Brechtel, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 34 | +9.7% |
Summary: The Tall Timbers / Brechtel real estate market had 34 homes for sale in October 2024, a 9.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Tall Timbers / Brechtel 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 decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tall Timbers / Brechtel, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Tall Timbers / Brechtel in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 39 Days | +11.4% |
Summary: Homes in Tall Timbers / Brechtel had an average of 39 days on market in Oct 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tall Timbers / Brechtel has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Tall Timbers / Brechtel; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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