These charts contain data for the entire year 2009.
When you look closely at this pie chart, you see less than 30% of the homes listed on the market in 09 sold in less than 30 days. Over 30% took longer than 120 days. A better note is over 60% of the homes sold in less than 90 days. The majority sell within a reasonable amount of time. At least in my opinion 90 days is a reasonable amount of time.
Regardless of how soon or how long it took you to sell your home in Mandeville in 2009, average reductions off of list price only range 4% – 6%. This low percentage in reduction of list price verses sales price shows the homes in Mandeville held their value in 09. A percentage will always be there, but the lower the better.
For local information on Real Estate Home Sales in Mandeville and Madisonville, LA, visit