Lake Charles, LA - January 2011 - Total home sales figures suggest market decline is worsening
Posted on: Apr 12, 2011 05:13:27 PM
While data for new home sales in Lake Charles, LA may be incomplete or still in the process of being collected, a snapshot of overall sales in the market can provide a clean picture of the marketplace. Sales of new and existing homes in the Lake Charles, LA market dropped in January, and the decline was by a larger margin than the previous year. Total sales moved from one a year earlier to zero after being four in January 2009.
Appears No new sales in January 2011; Average price at $198,000 a year earlier.
While it seems there were no sales in January 2011, the average price homes stood at $198,000 a year earlier and $213,375 two years earlier.
No shift in market composition this month