MyMarketPulse (mymarketpulse.com) just released its analysis of the February 2024 market data for Orleans Parish, Louisiana.
The report shows that the Median Sale Price in Orleans Parish reached $324,350 as of February 2024, marking a decrease of 4.00% over the previous month and a 1.00% drop compared to a year ago.
The region reported 130 home sales, marking an increase of 11.10% from the prior month, and 11.00% decrease year-over-year.
The median time homes spent on the market was 100 days, which is down 5 days compared to last month and an increase of 8 days over the previous year.
The Market Pulse Score for Orleans Parish is presently at 84, signaling a downward trajectory in the market’s activity.
For more information about the Orleans Parish, Louisiana market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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