Welcome to Hot Hoods – where we tell you what the hottest neighborhoods of New Orleans were for the past month! This is the December 2024 edition.
Please note: these numbers are for Orleans Parish only!
Single-Family Homes: 172 sales in December 2024 – up 4.8% from 2023!
0-$100k: 18 sales total; St. Claude had the most sales; it even included a new build in the neighborhood. How? It was a tiny house!
$100k-$200k: 39 sales; Gentilly stole the show with the sales numbers here. There was even a new build in the Florida neighborhood!
$200k-$300k: 28 sales; Algiers was the winner this round; houses varied from new builds to average condition.
$300k-$400k: 17 sales; Gentilly & Algiers tied this one up! These sales even had an average-condition home on Napoleon Avenue.
$400-$500k: 19 sales; It’s not often that we see Algiers as the winner in this price point, but they did it. One of our favorite sales was 1315 Frankfort in Lake Terrace, though!
$500-$750k: 24 sales; West Carrollton was the hottest ‘hood in this price point!
$750k-$1M: 15 sales; Lakeview squeaked out the win in this price range. There was a pretty great French Quarter property that sold at this price point, too.
$1M & Up: 15 sales; Aududbon dominated this category. The highest sale was $2.9M at 6110 Marquette.
Multi-Family Homes: 63 sales in December 2024 – one sale less than Demever 2023
- 0-$100k: 3 sales; Hollygrove had 2 of them
- $100-$200k: 14 sales; 7th Ward had the most sales
- $200-$300k: 7 sales; These sales were all over the city
- $300-$400k: 16 sales; Broadmoor was triumphant here
- $400-$500k: 12 sales; West Riverside had the most sales
- $500-$750k: 8 sales; The City Park neighborhood had 3 of the sales
- $750k-$1M: 3 sales; scattered across the city
- $1M & Up: 3 sales; LGD, French Quarter, and the Warehouse District. Highest sale was $1.4M at 1320-22 St. Mary
Would you like to see the number for other areas of the city? Contact us!
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