The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Orleans Parish, Louisiana’s real estate market for May 2024.
As of 5/2024, Orleans Parish had a Median Sale Price of $389,533, which was up 14.6% from the previous month and up 8.4% from the prior year.
During this period, 240 homes were sold in the area, reflecting an increase 5.3% compared to the month beforeand and a decrease of 1.6% from the same month in the previous year.
Homes remained on the market for a median of 61 day, which is down 13 days from the month before and unchanged from the previous year.
With the Market Pulse Score sitting at 116, the trend in Orleans Parish’s housing market seems to be rising.
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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