MyMarketPulse (mymarketpulse.com) has unveiled its analysis for April 2024, focusing on the property market trends in Orleans Parish, Louisiana.
The report shows that the Median Sale Price in Orleans Parish reached $340,000 as of April 2024, marking a decrease of 1.7% over the previous month and a 3.0% rise compared to a year ago.
During this period, 225 homes were sold in the area, reflecting an increase 17.2% compared to the month beforeand and an increase of 3.7% from the same month in the previous year.
Furthermore, homes in Orleans Parish were on the market for an average of 73 days before selling, reflecting a decrease of 18 days days month-over-month and a decrease of 1 day day year-over-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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