While many speculate about the local Northshore real estate market, Turner Real Estate Group is here to announce that 2012 home sales are on the rise.

1,224 homes have sold so far this year in St. Tammany Parish. The average list price for a home in the first half of the year is $212,398. Home sales are up 18% from last year at this same time.

The average sold price of a home in St. Tammany Parish is $203,938, which equals to $91.72 per square foot. The average time a home remains on the market until sold is 96 days.

Our research through the use of property analytics and quantitative data tells us that people are buying homes in St. Tammany Parish. With interest rates so low, now is definitely the time to buy real estate.

For unlimited access to the entire Mandeville, Covington and Slidell Realtor database, make sure to visit www.MyLocalRealEstate.com. It’s the premiere go to website for purchasing real estate on the Northshore; this includes bank owned foreclosures, bond for deeds and even new construction. For more information on buying or selling a home in St. Tammany Parish, call us direct at 985-626-1313.