| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 70116 | $164,000 | +40.2% | $265,000 | $117,000 | $185,000 | New Orleans | $155,000 | +47.6% | $159,125 | $105,000 | $158,000 |
New Orleans, 70116 Market Trends
Today, December 17, 2009
New Orleans, 70116 Summary
The median sales price for homes in ZIP code 70116 for Sep 09 to Nov 09 was $164,000. This represents a decline of 38.1%, or $101,000, compared to the prior quarter and an increase of 40.2% compared to the prior year. Sales prices have depreciated 11.4% over the last 5 years in 70116, New Orleans.
The median sales price of $164,000 for 70116 is 5.81% higher than the median sales price for New Orleans LA. Average listing price for homes on Trulia in ZIP code 70116 was $555,936 for the week ending Dec 08, which represents a decline of 0.3%, or $1,869 compared to the prior week and a decline of 2.7%, or $15,395, compared to the week ending Nov 17.
| Location | Week ending Dec 8 | w-o-w | Week ending Dec 1 | Week ending Nov 24 | Week ending Nov 17 |
|---|---|---|---|---|---|
| 70116 | $555,936 | -0.3% | $557,805 | $565,971 | $571,331 | New Orleans | $336,950 | +0.3% | $336,074 | $345,309 | $330,812 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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