Crescent City Living

New Orleans Real Estate Brokerage

  • Home
  • Home Search
  • Communities
  • Services
    • Home Value Request
    • Buying
    • Selling
    • Renting
    • Landlords
    • Louisiana Real Estate Contract
  • The Blog
  • About Us
    • Client Reviews
    • Our Beliefs
    • Agent Pros
    • Crescent City Living Policies
    • Careers at Crescent City Living
  • Account | Login

New Orleans Real Estate 2018

January 28, 2019 By Crescent City Living

new orleans real estate

New Orleans Real Estate 2018 Recap

A look back at 2018 single family home sales in New Orleans LA. How did the market shift in 2018? We take a look here.

Number of New Listings

  • 2014:  4521
  • 2015:  4740
  • 2016:  4687
  • 2017:  4894
  • 2018:  4998

The number of new listings was up just over 100 properties, a small increase in the available number of homes for sale.

Median Sold Prices

Median sold prices jumped around from month to month, as is to be expected, but ended the year at $275,000, up from $262,500 in 2017. This continues the 5 year trend of increasing prices in the city.

2018 median sold new orleans real estate prices
Single family homes

Number of Homes Sold

The most interesting part of 2018 was the shift in the number of sales within each price range. Affordably priced properties continue to be harder to find, resulting in yet another year of lower sales in the under $250,000 range. Luxury sales have continued to increase, ending the year up in both the $750k-$1million and the over $1 million ranges. Those new downtown condos are having an impact on the numbers, to be sure.

New Orleans single family home sales 2018

Average Days to Sell

Believe it or not, it took 10 less days on average to sell a New Orleans home in 2018 (65) than it did in 2014 (75). Those stories you’re hearing about the market slowing down are completely dependent on what neighborhood and price range a home is in.

Expired listings

As the number of homes sold has increased, so have the number of homes that were unsuccessfully listed for sale. In 2018, over 5,000 homes were listed for sale and expired without selling, up slightly from 4,979 in 2017.

Months of inventory

In 2018, the amount of inventory ranged from a high of 7 months to a low or 5 months, with little change from month to month. As you can see, inventory was basically the same as in 2017.

new orleans real estate months of inventory 2018

Need to know more about what’s happening in your New Orleans neighborhood?

Ask us today. 504-327-5303. 

Filed Under: Market Reports Tagged With: market updates

Related Posts

7 Days in New Orleans Real Estate – July 2018
New Orleans West Bank Real Estate Prices Up in 2015
Popular New Orleans West Bank Neighborhoods :: November 2017

Listings, Market Reports & Open Houses by Area

  • Algiers (West Bank)
  • Algiers Point (West Bank)
  • Audubon
  • Avondale (West Bank)
  • Bayou St John
  • Belle Chasse (West Bank)
  • Black Pearl
  • Bridge City (West Bank)
  • Broadmoor
  • Bywater
  • CBD & Warehouse District
  • Central City
  • City Park
  • Desire
  • East Carollton
  • East Riverside
  • Fairgrounds
  • Fillmore
  • French Quarter
  • Freret
  • Garden District
  • Gentilly Terrace
  • Gentilly Woods
  • Gert Town
  • Gretna (West Bank)
  • Harvey (West Bank)
  • Holly Grove
  • Holy Cross
  • Irish Channel
  • Jefferson
  • Kenner
  • Lake Shore & Lake Vista
  • Lake Terrace & Lake Oaks
  • Lakeview
  • Lakewood
  • Leonidas
  • Lower 9th Ward
  • Lower Coast & English Turn
  • Lower Garden District
  • Marigny
  • Marlyville & Fontainebleau
  • Marrero
  • Metairie
  • Mid City
  • Milan
  • Milneburg
  • Navarre
  • New Orleans East
  • Pontchartrain Park
  • River Ridge
  • Seventh Ward
  • St Anthony
  • St Bernard Area
  • St Claude
  • St Roch
  • Terrytown (West Bank)
  • Touro
  • Treme
  • Tulane / Gravier
  • Uptown
  • Uptown / Carrollton
  • Venetian Isles
  • Waggaman
  • West End
  • West Riverside
  • Westwego (West Bank)

Crescent City Living Logo

3205 Orleans Ave New Orleans, LA 70119

Telephone: +1 504.327.5303

Disclaimer: Multiple Listing Data provided at CrescentCityLiving.com is deemed reliable but not guaranteed. It is good practice to verify all information with a Real Estate Licensee before taking any action based upon this data. Listing data is made available for the use of consumers interested in the acquisition of real property only. Use of this data for any other purpose is strictly forbidden without the written consent of the Gulf South Real Estate Information Network.

Licensed by the Louisiana Real Estate Commission.

Copyright © 2025 Crescent City Living · All Rights Reserved. | Real Estate Websites by Ha Media


  • Home

  • Home Search

  • Communities

  • Services

    • Home Value Request

    • Buying

    • Selling

    • Renting

    • Landlords

    • Louisiana Real Estate Contract

  • The Blog

  • About Us

    • Client Reviews

    • Our Beliefs

    • Agent Pros

    • Crescent City Living Policies

    • Careers at Crescent City Living
  • Log into or manage your account…
    Account | Login
    • Call us…
    • Send us a message…
    • Find our office…

  • Contact Me (Dark)

    We take your time and privacy seriously. Fill out this encrypted contact form with the knowledge that we're not signing you up for endless emails.

    Contact Us

    Contact Us

    We would like to hear from you. Please send us a message by filling out the form below and we will get back with you shortly.

    Schedule a Showing

    Schedule a Showing

    Submit this secure form to request a showing. If you'd like a showing within the next 36 hours, it's best to call us after filling out this form.

    :
    Select a time for your showing

    Start the Selling Process

    Start the Selling Process

    If you're ready to sell your home, fill out this secure form to get started. One of our Specialists will contact you directly and there's no obligation.

    Sorry You Missed It!

    Sorry You Missed It!

    Looks like this property has already been claimed, but worry, not! We can help you find another. Fill out this secure form and we will get right back to you.

    Interested?

    Interested?

    Interested in this property? Fill out this secure form and I will contact you with details and availability.

    Interested?

    Interested?

    Interested in this property? Fill out this secure form and I will contact you with details and availability.

    Rent Your Home!

    Rent Your Home!

    If you've got a property you'd like to rent, we can help.
    Call us or fill out this secure form and we'll call you whenever you like.