House HuntingMove to New OrleansSell It Like You Own ItAre prices in your neighborhood trending up or down? Ranking them all from 1-48.

July 9, 20200
http://livinginthecrescent.com/wp-content/uploads/2020/07/IMG_6981-1280x946.jpg

When you go to my neighborhood map of New Orleans, you’ll see stats when you hover over each one. (If you’re using a mobile device, be patient. That’s coming.) You can get a quick statistical snapshot of the neighborhood before you click to search listings. I’d entered those stats eight months ago, so it was time to freshen up those numbers.

As I was going through this process, I compared the new data to the old to get pricing trends for all 48 of the neighborhoods. The median sales price is based upon transactions that closed in the last 12 months. The number of sales is included, so you can see how active the market has been in each neighborhood and get a sense for how seriously to take the trends. For example, there are three neighborhoods that average less than a sale per month; that’s not a large enough sample size to get a truly accurate result.

 

 NeighborhoodMedian Sales Price ChangeNumber of Sales
1Hollygrove+22.8%40
2CBD/Warehouse District+20.2%110
3St. Roch+16.9%56
4Desire+11.8%3
5English Turn/Lower Coast+11.5%41
6Fountainbleu+10.9%59
7Leonidas+10%107
8Milneburg+9.7%72
9Bywater+9.7%61
10Broadmoor+9.6%49
11Milan+9.2%76
127th Ward+9.1%77
13Black Pearl+8.3%29
14Venetian Isles+7.7%5
15Lakewood+7.1%27
16Irish Channel+6.5%77
17Mid-City+6%83
18Algiers+5.3%327
19Treme+5.7%52
20Lake Shore/Lake Vista+5%40
21Lakeview+4%204
22Audubon+3.8%97
23Filmore/St. Anthony+3.5%143
24New Orleans East+3.3%345
25Holy Cross+2.8%32
26Dillard/St. Bernard+2.7%72
27Freret+2.7%16
28Marigny+2.6%43
29Pontchartrain Park/Gentilly Woods+2.5%76
30Algiers Point+2.4%80
31Touro+1.9%40
32Bayou St. John+1%38
33Riverside+0.5%103
34St. Claudeno change79
35Garden Districtno change41
36Lake Terrace/Oaksno change27
37Uptown-1.7%63
38West End-3%109
39Tulane-Gravier-3.4%15
40Central City-4.5%90
41Lower 9th Ward-5%20
42Navarre-5.2%30
43Lower Garden District-5.9%102
44French Quarter-7.6%78
45Gert Town-9.5%10
46Carrollton-10.8%60
47Gentilly Terrace-11.2%78
48Fairgrounds-11.5%53

One thing to keep in mind is this utilizes only single family homes, condos, townhomes and patio homes. Our system sorts doubles into a separate, multi-family category. If you have any questions, please feel free to ask me. I’ll post a new ranking when I update the stats again.

Leave a Reply

Your email address will not be published. Required fields are marked *

http://livinginthecrescent.com/wp-content/uploads/2019/11/living-in-the-crescent-FINAL.png
It’s a big, beautiful world. (If you’re reading all the way down here, you deserve some positivity.)

Wanna Follow?

Subscribe to Email Updates

Licensed in the State of Louisiana, USA.
Crescent City Living, LLC
5918 Magazine St. || New Orleans, LA 70115 || 504.327.5303