NEW ORLEANS BY THE NUMBERS
Market Reports by Troy Jowers, RE/MAX Real Estate Partners
New Orleans Condos – Uptown/Carrolton/Garden District/Warehouse District/French Quarter/Marigny
Decline slows following tax credit expiration peak in early summer.
Year to Date August 2010
Month | No. of Homes Sold | Approx Living Area | Sold Price | SP$/SqFt | SP$/LP$ | Avg Days on Market |
Jan | 35 | 2,060 | $248,210 | 116.73 | 93.87% | 82 |
Feb | 65 | 1871 | $226,235 | 115.62 | 94.22% | 99 |
Mar | 75 | 2060 | $253,680 | 119.56 | 92.87% | 102 |
Apr | 67 | 1955 | $229,500 | 118.4 | 95.65% | 108 |
May | 88 | 1843 | $220,777 | 118.15 | 94.85% | 84 |
Jun | 102 | 2089 | $257,486 | 116.66 | 93.50% | 80 |
Jul | 69 | 2205 | $270,637 | 119.71 | 93.58% | 87 |
Aug | 59 | 2106 | $256,708 | 113.47 | 95.18% | 71 |
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