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

Garden District Homes for Sale: What $1M–$1.5M Actually Buys You in New Orleans
You sold your 1,100-square-foot condo in Seattle for $1.5 million and you're bracing yourself for what a similar budget buys in New Orleans. A shoebox with a view, maybe. A townhouse with no parking. What you did not expect was a call from your agent describing a Greek Revival home on a double lot,
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Bayou St. John Is New Orleans' Other Waterfront (And It Has Better Porches)
When people picture "waterfront" in New Orleans, they usually mean Lakeview or Lake Vista, the two neighborhoods that actually front Lake Pontchartrain. Lakeview rebuilt after the 17th Street Canal levee breach in 2005 into a neighborhood of larger, more upscale homes than what stood there before. L
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Buying a House in New Orleans During Hurricane Season: What Relocating Buyers Need to Know
Most buyers moving to New Orleans from out of state carry the same assumption into their first conversation with a local agent: surely nothing much happens in the local real estate market between June and November. Hurricane season sounds like a natural pause button, a stretch of months when sellers
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Stories That Linger: The Myths, Monsters, and Tales of New Orleans
New Orleans is a city built on stories. Some are true. Some may be truer in feeling than in fact. But they're all pretty magical. Something I love most about my work is getting to explore homes that are 100-200+ years old. I always imagine the occupants before, how the home may have looked, and what
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Luxury Real Estate Advisor License ID: 995701126
+1(504) 617-5184 | richard@richardhebertrealtor.com
Get the report when it publishes.
