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

October 15, 2009

Here are the housing market figures for New Orleans as of September 30, 2009. To view the detailed report, see The New Orleans Pulse of the Market Report.

Months Inventory available dropped by 1-month from 12.2 in August to 11.2 in September. This means people are buying homes in New Orleans!

Number of Active Listings 1806
Number of Current Pending 403
Number of Closings (Last 6 Months) 964
Avg. List Price of Homes (Last 6 Months) $551,791
Avg. Sold Price of Homes (Last 6 Months) $514,881
Days on Market of Sold Homes 100
Days on Market of Current Active Homes 147
Number of Months Inventory Available 11.2
Avg. LP/$Sq. Ft. (Current) $168
Avg. LP/$Sq. Ft. (Sold in Last 6 Months) $171
*Information from GSREIN MLS deemed reliable but not guaranteed.

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This New Orleans Real Estate blog post brought to you by Chad Janusa, Realtor at Avalar Realty Louisiana. Please visit my New Orleans Real Estate Website.
To search for properties in the New Orleans area, visit the New Orleans area Property Search.
Chad Janusa - Avalar RealtyFor all of your Real Estate needs, Chad can be easily reached via text or phone at (504)-376-4233 or via e-mail at chad.janusa@gmail.com
Metairie, LA, USA
Agent licensed in Louisiana
Each office independently owned and operated.

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