New Orleans Real Estate - Market Report - French Quarter - 1/24/13

Real Estate Broker/Owner with Nick Galiano Realty
New Orleans Real Estate - Market Report - French Quarter FrenchQuarter3.JPG

With Mardi Gras parades hitting the town this weekend, it is only appropriate that we take our market report to the beloved French Quarter. The highest sold price per square foot ($366) in the city, which signifies one of the most desirable. The interesting part is that it has one of the highest days on market and months of supply on market. Most French Quarter listed condos are overpriced as there is a whopping $60/price per square foot difference between sold and listed.

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 head back to Orleans Parish next week. Here's a look at the schedule for our upcoming market reports.

Jan. 31 - Marigny/Bywater
Feb. 7 - Gentilly
Feb. 14 - New Orleans East
Feb. 21 - Mid-City
Feb. 28 - Warehouse District
Mar. 7 - Garden District
Mar. 14 - Broadmoor
Mar. 21 - Uptown

Please view our neighborhood market data on Thursday, Jan. 31, 2013
Please join us for our next blog installment on Monday, Jan. 28, 2013

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