AVERAGE ORLEANS LISTING PRICE TRENDS
Knowing where the average price is trending right now will help you make an educated decision on when to buy or sell if pricing is important to you. With inventories fluctuating so drastically, it is not uncommon to see average pricing jump in either direction each month.
MONTH SUPPLY OF ORLEANS INVENTORY REPORT
Take the total number of available homes and divide that by the number of homes that are under contract. That is the number of months of supply we have. Previously we would consider a balanced market "6 months." While we are seeing days on market and listing increase, we are still historically low on inventory.
MONTH SUPPLY OF ORLEANS INVENTORY REPORT
Take the total number of available homes and divide that by the number of homes that are under contract. That is the number of months of supply we have. Previously we would consider a balanced market "6 months." While we are seeing days on market and listing increase, we are still historically low on inventory.
AVERAGE ORLEANS SALES VOLUME
You'll have access to the number of homes that have sold, the total sales volume and the average sales price.
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