Hot Hoods: February Edition

February Hot Hoods

 

Welcome to Hot Hoods, where we will tell you what the hottest neighborhoods in New Orleans were for the past month! This is the February 2024 edition!

Also, as a bonus, look at these latest stats with interest rates and housing stock.

 

 

Single-Family Homes

0-$100k: 12 sales total; Algiers had the most sales with 4 of them

$100k-$200k: 25 sales; New Orleans East was the clear winner in this category!

$200k-$300k: 22 sales; Algiers & New Orleans East tied it up; houses ranged from new construction (in St. Claude!) to houses in need of full renovations (Irish Channel)

$300k-$400k: 23 sales; This one was tied in three neighborhoods – Lakeview, Gentilly, & Algiers

$400-$500k: 10 sales; while Milan only had two sales, they were the winner!

$500-$750k: 22 sales; Lakeview had almost all of these sales!

$750k-$1M: 5 sales; the neighborhoods ranged from Lower Coast, West Riverside, East Carrollton, & the Marigny

$1M & Up: 11 sales; Audubon was the winner; the highest sale was $2.725M on Walnut Street

 

 

Multi-Family Homes

  • 0-$100k: no sales in this price range
  • $100-$200k: 7 sales; Hollygrove had 2 of these sales and the remainder were across the city
  • $200-$300k: 12 sales; 7th Ward was the winner
  • $300-$400k: 11 sales; Broadmoor & Carrollton tied this up
  • $400-$500k: 6 sales; The winner was the 7th Ward
  • $500-$750k: 5 sales; Bywater, Marigny, LGD, Gentilly, & Navarre each had one
  • $750k-$1M: 5 sales; Uptown had the most
  • $1M & Up: 1 sale in Central City for $1.06M

 

 

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