In 2021, New Orleans real estate saw sales like never before. 277 residential sales in Orleans Parish sold for $1M or more! When you look at the stats for these luxury sales, they averaged $1.48M and 60 days on the market. (Though the median was 15 days on the market and the large majority sold for list price)
Take a look at what the top five New Orleans residential sales looked like in 2021:
Photo Courtesy of Shaun McCarthy w/ BHHS United
#5: 232 Lake Marina Penthouse #3, New Orleans 70124
Overlooking the lake and the marina, this condo is one of two to crack the top ten sales in New Orleans for 2021. At over 4000 square feet, most would consider this a substantial single-family home and not a condo! This unit has three beds, 4.5 bathrooms and is complete with crystal chandeliers, an outdoor kitchen, and a media room!
232 Lake Marina, Penthouse #3 sold for $2.95M
Photo courtesy of Margaret Stewart w/ Latter & Blum Realtors
#4: 1334 Henry Clay, New Orleans 70118
Coming in as the 4th highest sale in 2021, this stunning Audubon home was sold off-market. With over 7000 square feet, it also included 5 beds and 5.5 bathrooms. The in-ground, saltwater pool, oversized lot, and prime location made this house possible to sell without ever hitting the market!
1134 Henry Clay sold for $2.975M
Photo courtesy of Eleanor Farnsworth w/ Latter & Blum Realtors
#3: 1 Garden Ln, New Orleans 70124
Overlooking the New Orleans Country Club golf course is one of the many reasons this home attracted such a hefty listing tag. It also has over 10,000 square feet, 8 bedrooms, 6 full bathrooms, and 2 half baths! You can also find an elevator, a pool, half a basketball court, and parking for EIGHTEEN cars!
1 Garden Ln sold for $3.2M
Photo courtesy of Michael Wilkinson w/ French Quarter Realty
#2: 1216-1226 Chartres, New Orleans 70117
This mega-sale included 3 multi-family buildings that had twenty one-bedroom units. Tucked into the French Quarter, many units had balconies overlooking Chartres, and the three buildings shared a pool and courtyard.
1216-1226 Chartres sold for $3.275M
Photo Courtesy of Carman Duncan w/ ReMax N.O. Properties
#1: 1711 Palmer, New Orleans 70118
Our top residential sale in New Orleans for 2021 was 1711 Palmer St. This Colonial Revival home was dripping with classic New Orleans style! Over 8000 square feet, this house included 5 bedrooms, 7 full bathrooms (every room had a private bathroom!), and 2 half baths. The gardens provide a reprieve from a noisy world, the pool is a perfect size, and the terrace is the icing on the cake!
1711 Palmer sold for $3.3M
Ready to find your New Orleans home? Start by messaging us!