New Orleans LA 70130 Home and Condo Sales
Single Family Home Sales in New Orleans LA 70130
After peaking in the beginning of 2013, the average single family sale price has been dropping over the last year. However, because of the disparity between the high and low sale prices, the median sale price (half sold for less, half sold for more) is a more accurate reflection of market trends in the area.
At the end of the first quarter, the average sale price was $490,943, while the median sale price was $390,000. The number of homes sold cycles up and down every quarter like clockwork – low in the 1st and 3rd quarters, high in the 2nd and 4th quarters. The good news is there is still time to get your home on the market before the summer doldrums set in.
Condo Sales in New Orleans LA 70130
Condos are the driving force in property sales in the 70130 zip code and prices have been holding steady over the last few quarters, with little change in either the average or median sales prices.
The peak of sales volume (units sold) over the last 2 years was in 2Q2013 (73 sold). Sales have been holding steady between 14-18 units per month for the last 6 months.
Active Listings in New Orleans LA 70130
15 single family homes for sale in the 70130 zip code as of 4/28/14:
- High list price: $7,999,000
- Low list price: $259,900
- Average list price: $1,334,200
- Median list price: $499,000
61 condos for sale in the 70130 zip code as of 4/28/14:
- High list price: $2,375,000
- Low list price: $105,000
- Average list price: $438,566
- Median list price: $300,000
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