| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Central Business District | $302,000 | -10.7% | $360,000 | $338,000 | $310,000 | New Orleans | $155,000 | +40.0% | $164,500 | $110,692 | $158,000 |
The median sales price for homes in Central Business District for Aug 09 to Oct 09 was $302,000. This represents a decline of 16.1%, or $58,000, compared to the prior quarter and a decrease of 10.7% compared to the prior year. Sales prices have depreciated 2.6% over the last 5 years in Central Business District, New Orleans.
The median sales price of $302,000 for Central Business District is 94.84% higher than the median sales price for New Orleans LA. Average listing price for homes on Trulia in Central Business District was $641,495 for the week ending Nov 18, which represents an increase of 7.7%, or $45,707 compared to the prior week and a decline of 0.8%, or $4,865, compared to the week ending Oct 28.
| Neighborhood | Week ending Nov 18 | w-o-w | Week ending Nov 11 | Week ending Nov 4 | Week ending Oct 28 |
|---|---|---|---|---|---|
| Central Business District | $641,495 | +7.7% | $595,788 | $626,272 | $646,360 | New Orleans | $332,752 | +1.2% | $328,843 | $329,589 | $328,209 |
| Neighborhoods | Week ending Nov 18 |
w-o-w | Week ending Nov 11 |
Week ending Nov 4 |
|---|---|---|---|---|
| French Quarter | 1 | — | 1 | 1 |
| Garden District | 2 | — | 2 | 2 |
| Audubon | 3 | — | 3 | 3 |
| Uptown | 4 | — | 4 | 5 |
| Irish Channel | 5 | — | 5 | 6 |
| Lower Garden District | 6 | — | 6 | 4 |
Market Trends
Fair Housing and Equal Opportunity
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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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