Algiers - New Orleans, LA Real Esate Statistics
Algiers is part of New Orleans and is located on the west bank of the Mississippi River. Its boundaries are the Mississippi River, Jefferson Parish and Plaquemines Parish. It’s the only area of New Orleans located on the west bank of the Mississippi River. A strange phenomenon is that when crossing the Mississippi River, using the Crescent City Connection, you actually travel east to get to the west bank. In general, however, the Westbank, as we call it, is actually located west of New Orleans.
The statistics on this page relate specifically to Algiers which is part of New Orleans. They include all residential sales and listings at all price ranges. You can also view statistics for each of the subdivisions, towns and cities in the New Orleans area.
Homes For Sale vs. Homes Sold
The For-Sale vs. Sold graph is actually a supply and demand chart and shows year-to-date statistics. It shows the inventory of homes for sale in Algiers, month by month, the sales in Algiers by month and how many homes went under contract during each month. The light green bars represent the homes for sale. At the bottom of each light green bar is a dark green bar representing the sales for that month, and the red line shows how many houses went under contract for that month.
Average Price of Homes for Sale and Sold in Algiers
This graph shows average prices for which homes have sold and also the average asking prices. This graph should help you determine the affordability of homes in Algiers. It can help you track appreciation and depreciation of properties in the area and can also show you how realistic the asking prices are, based on the difference between the average sold price and average active price. (Note: Fluctuations in this graph are frequently a result of seasonal influences.)
Average Price per Sqft in Algiers
This graph depicts the average price based on square footage and is helpful in deciding on a fair price for a home. For statistics of other areas check out More Real Estate Statistics for the New Orleans Area .
Personalized Real Estate Statistics Available
The information above is for Algiers which is part of New Orleans, however, this type of information is available for each specific city, town and subdivision within our market area. View statistics for each of the areas in and around New Orleans. If you would like information on a specific area, or for a particular property type, contact our Internet Customer Care Department and they will be happy to have that prepared for you.
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