UncategorizedPrice Trends in New Orleans Real Estate; New Neighborhood Rankings From 1-48

I just updated the market information again for all 48 neighborhoods in my listing map of New Orleans. You’ll see these stats when you hover over each of the neighborhoods in the desktop version of the site. Freshening up these numbers gives me great information to track how prices are moving all over the city.

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 a couple of neighborhoods that average less than a sale per month; that’s not a large enough sample size to get a truly accurate result.

 

	Neighborhood	Median Sales Price Change	Number of Sales
1	Uptown	+37.3%	72
2	Carrollton	+29.1%	53
3	Marigny	+22.5%	45
4	Lake Shore/Lake Vista	+21.9%	54
5	Freret	+21.3%	21
6	Milan	+16.5%	62
7	English Turn/Lower Coast	+15.8%	34
8	Algiers Point	+14.5%	91
9	Algiers	+13.3%	370
10	Holy Cross	+13.3%	43
11	Fountainebleu	+13.2%	53
12	Milneburg	+11.2%	56
13	Treme	+10.8%	59
14	Touro	+10.4%	42
15	Lakewood	+10.2%	30
16	Lake Terrace & Oaks	+10.0%	26
17	Central City	+9.5%	101
18	Mid City	+8.3%	97
19	Black Pearl	+7.7%	34
20	Navarre	+6.5%	40
21	Irish Channel	+6.4%	92
22	Bayou St. John	+6.0%	26
23	Lower Garden District	+6.0%	98
24	French Quarter	+5.9%	123
25	Audubon	+5.7%	149
26	St. Roch	+4.3%	54
27	West End	+4.3%	113
28	Pontchartrain Park/Gentilly Woods	+4.2%	74
29	Lakeview	+3.9%	247
30	New Orleans East	+2.7%	385
31	Dillard/St. Bernard	+2.2%	52
32	Lower 9th Ward	+1.6%	28
33	Broadmoor	+0.4%	54
34	Gentilly Terrace	-0.2%	98
35	Leonidas	-0.9%	84
36	Fillmore/St. Anthony	-1.9%	142
37	Riverside	-2.4%	130
38	St. Claude	-3.9%	86
39	Fairgrounds	-4.4%	42
40	Tulane Gravier	-9.2%	15
41	Gert Town	-10.6%	13
42	Hollygrove	-11.0%	40
43	Bywater	-13.2%	73
44	7th Ward	-13.8%	99
45	CBD/Warehouse District	-14.1%	149
46	Desire	-16.6%	6
47	Venetian Isles	-21.6%	2
48	Garden District	-50.6%	76

This analyzes sales of 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.