MyMarketPulse (mymarketpulse.com) recently disclosed its December 2024 findings on the housing market conditions in Orleans Parish, Louisiana.
The Median Sale Price for properties in Orleans Parish was documented at $293,858 for December 2024. This price point is a downward move of 12.0% from the previous month and shows a 6.5% rise from the year before.
The area witnessed the sale of 184 homes during this period, which is a 5.7% increase from the preceding month and an increase of 9.5% compared to the same timeframe last year.
The Median Days on Market was 84 days, up 3 days from the previous month and down 9 days from the prior year.
Orleans Parish’s Market Pulse Score currently stands at 95 indicating a falling trend for the market.
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.
MyMarketPulse – What the Pros Know
