The local multiple listing service in the New Orleans area has made changes to what Brokers input when they list a property effective January 1, 2018. These changes impact the real estate statistics that we post – all these years there have been two categories, one was “Area” and there was an area map where Orleans Parish was divided up into numerous area such as Area 64 for Uptown, 65 for Garden District and so on. These “Areas” have been eliminated.
We also in the past had “Condition” fields such as Excellent, Very Good, Average, Poor and because these conditions are so subjective these have also been deleted and will be replaced with what I believe to be easier to understand and less subjective categories in the future.
The following charts are prior to January 1st when these changes take place however when the programming change was made the new changes were applied. These charts only go through November, 2017 because it will take about 10 days for December, 2017 to be ready.