Zachary Housing Update 2016 vs 2017

Overall, Zachary Home Prices Were Not Damaged By The

“Great Flood”!

991 Zachary Home Sales since 1/1/2016

BREAKDOWN:

511 in 2016 vs 480

YTD 2017

274 New Construction

Sales or 28%

717 Existing Home

Sales or 72%

MEDIAN SALES PRICE 2016 VS 2017 $215,000 VS $210,000

HOWEVER, MEDIAN SALES PRICE PER SQ. FT. 2016 VS 2017

$120 VS $121, UP $1.00/SF

HOMES SOLD MUCH FASTER IN 2017 62 DAYS IN 2016 VS 28 DAYS IN 2017 *

*MEDIAN DAYS

ON MARKET

A FEW MORE HOMES TO SELL IN 2017 THAN IN 2016

Zachary Housing Update: Copper Mill

Median Sales Price: $378,004

Median Sold Price Per Sq. Ft.:

$138

Selling For 99% Of Listing

Prices

Sold In 43 Days On Market

2016 vs 2017:

UP $7/sf and UP $43,004

since 2016

Zachary Housing Update: Americana

Median Sales Price: $336,975

Median Sold Price Per Sq. Ft.:

$158

Selling For 100% Of Listing

Prices

Sold In 215 Days On Market

2016 vs 2017:

STABLE Sold Price Per Sq. Ft.

BUT Median Sold Price

Declined $340,442 to

$336,975

Zachary Housing Update: Sandy Creek

Median Sales Price: $208,500

Median Sold Price Per Sq. Ft.:

$131

Selling For 99% Of Listing

Prices

Sold In 16 Days On Market

2016 vs 2017:

UP $4/sf and UP $13,500

since 2016

Zachary Housing Update: Beaver Creek

Median Sales Price: $337,000

Median Sold Price Per Sq. Ft.:

$145

Selling For 99% Of Listing

Prices

Sold In 33 Days On Market

2016 vs 2017:

DOWN $2/sf from $147/sf BUT

UP $19,490 from $317,510 in

2016