Below are charts for 4 representative neighborhoods within New Orleans, LA. Some are a strong sellers market and some are a buyers market all important things to know when formulating an offer.
Garden District – in November, 2015 at 5.4 months of inventory the Garden District is a neutral market.
Broad moor area of New Orleans, LA – it is a very strong sellers market.
Warehouse District is a buyers market for the month of November, 2015
Uptown, New Orleans is a very neutral market through November, 2015.
Marigny / Bywater is a neutral market at the current time.