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New Orleans Real Estate - Market Report - River Ridge

By
Real Estate Broker/Owner with Nick Galiano Realty
New Orleans Real Estate - Market Report - River Ridge RiverRidge2.JPG

This week's market report takes us to the River Ridge Area. This is truly one of the most interesting market reports that we've done in  some time. It's a buyer's market, but not really. There are about a year's worth of homes currently available for sale, but the average days on the market is less than three months and the price per square foot sold has gone up each and every quarter. In fact, it has increased over $14/square foot in a year. That's really good. It appears that the higher priced homes are hard to sell based upon the average list price of $408,911.

Feel free to let me know if you have any questions about the above information. Also, I'm more than happy to assist you in purchasing or selling a home should it be your service area.

We'll finish our 2012 market reports with the following wonderful areas. Here's a list of the schedule:

Dec. 13th -  Harahan
Dec. 20th - Old Jefferson
Dec. 27th - Kenner

Please view our neighborhood market data on Thursday, Dec. 6, 2012
Please join us for our next blog installment on Monday, Dec. 3, 2012

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