Is Violet, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Violet was a Seller's Market.
Housing Prices in Violet, LA
How much do homes in Violet, LA cost?
Median Sold Price
$188,100
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Violet was $188,100 in May 2024, up 0.3% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $119K | N/A |
2 Bedrooms | $165K | $167K | +1.2% |
3 Bedrooms | $180K | $200K | +11.1% |
4 Bedrooms | $255K | $217.5K | -14.7% |
5+ Bedrooms | $470K | $160K | -66.0% |
Summary: Violet housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes decreased by 66%.
Median Sold Price Compared To Nearby Cities
Violet | $187.5K | $188.1K | 0.3% |
Saint Bernard | $170K | $157.5K | -7.4% |
Meraux | $268.1K | $227.5K | -15.2% |
Housing Supply in Violet, LA
How many homes are available in Violet, LA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 31 | +3.3% |
Summary: The Violet real estate market had 31 homes for sale in May 2024, a 3.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Violet housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Violet in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Violet, LA
How long does it take to sell a home in Violet, LA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 44 Days | +12.4% |
Summary: Homes in Violet had an average of 44 days on market in May 2024, up by 12.4% 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
Summary: During May 2024, 3 homes were sold in Violet; 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.