New Orleans Real Estate – Housing Market Report (August 2009)

September 8, 2009

Here are the housing market figures for New Orleans as of August 31, 2009. To view the detailed report, see The New Orleans Pulse of the Market Report.

Number of Active Listings 1925
Number of Current Pending 418
Number of Closings (Last 6 Months) 943
Avg. List Price of Homes (Last 6 Months) $547,525
Avg. Sold Price of Homes (Last 6 Months) $506,609
Days on Market of Sold Homes 107
Days on Market of Current Active Homes 176
Number of Months Inventory Available 12.2
Avg. LP/$Sq. Ft. (Current) $144
Avg. LP/$Sq. Ft. (Sold in Last 6 Months) $168
*Information from GSREIN MLS deemed reliable but not guaranteed.

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