Market Trends
How to read these numbers.
Median sale price tells you where the middle of the market sits, but one big sale can move it in a small neighborhood. Days on market shows how quickly homes are finding buyers. The sale-to-list ratio shows whether buyers are paying asking, negotiating down, or competing up. Inventory tells you how much choice buyers have right now.
No single number tells the whole story, so each monthly report reads them together, neighborhood by neighborhood, and says plainly what they mean for buyers and sellers. The latest reports are below.
MARKET SNAPSHOT
- ?Sold Listings
- ?Average Sales Price
- ?Average Days on Market

The Palm Court Building at 1202-08 Decatur Street Is For Sale, and It Comes With Nearly 200 Years of Story
1202-08 Decatur Street today. Photo courtesy of Crescent Sotheby's International Realty. For thirty-five years, the downriver end of Decatur Street had a dress code nobody ever wrote down. Linen on the tables, a Steinway in the corner, a long mahogany bar, and a band in jackets playing jazz the way
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New Orleans Is a Canary Market: My KeyCrew Interview on What Our Housing Market Tells the Country
As featured in KeyCrew, September 28, 2026. Interview by Steve Marcinuk. I sat down with Steve Marcinuk at KeyCrew to talk about where New Orleans real estate is heading, and the conversation kept circling back to something I've been telling clients for years. I call our market the canary market. Th
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Fall for the House, But Get the Insurance Quote First
New Orleans real estate has a way of making people fall in love fast. You walk into a Creole cottage with original heart pine floors, or a raised center-hall on a street lined with live oaks, and it's easy to start picturing your furniture in the rooms before you've even asked about the roof. That i
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New Orleans Elevation Certificate: What It Really Means for Your Flood Insurance and Your Sale
If you have started shopping for a home in New Orleans, or you are getting ready to list one, you have probably heard someone mention an elevation certificate before you fully understood what the term meant. That is normal. In most American housing markets, the document does not come up at all, beca
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Luxury Real Estate Advisor License ID: 995701126
+1(504) 617-5184 | richard@richardhebertrealtor.com
Get the report when it publishes.
