The August 2024 real estate analysis for Orleans Parish, Louisiana, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
August 2024’s data reveals a Median Sale Price of $339,500 for homes in Orleans Parish. This figure represents a growth of 7.8% month-over-month and a 11.7% year-over-year decrease.
The area witnessed the sale of 162 homes during this period, which is a 30.8% decrease from the preceding month and a decrease of 15.6% compared to the same timeframe last year.
Additionally, the Median Days on Market for listings was observed at 92 days, 19 days longer compared to the previous month and longer by 3 days from last year.
With a Market Pulse Score of 105, the analysis suggests a rising trend in Orleans Parish’s housing market momentum.
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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