New Orleans, LA Market Trends

Looking for more information on sold properties? Get the critical details you need on recent commercial property transactions days after the close of sale.

Find Sales Comps
Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Multifamily Property Asking Price Index - Sale Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
-
State
$49,087.60 -5.3% -15.5%
-
Metro
$76,987.50 +9.9% +4.2%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Asking Price Index - Sale Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
-
State
$99.00 +1.3% +6.6%
-
Metro
$122.64 +4.1% +13.4%
-
City
$125.37 +9.9% +22.1%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Asking Price Index - Sale Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
-
State
$47.98 +2.8% +3.8%
-
Metro
$57.47 +2.1% -7.4%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Asking Price Index - Sale Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
-
State
$129.42 +5.3% +32.0%
-
Metro
$137.61 -4.7% +41.6%
-
County
$184.89 -4.5% +94.8%
-
City
$188.24 -6.8% +59.7%

Current New Orleans market trends data indicates a decrease of -6.8% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with an increase of +59.7% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are -4.5% lower at $185 per sq ft compared to the current median price of $188 per sq ft for Retail Commercial properties in New Orleans, LA.

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Asking Rent - Lease Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
-
State
$15.94 +0.9% +3.4%
-
Metro
$16.66 +0.8% +3.1%
-
County
$16.78 +1.4% +5.1%
-
City
$16.72 +1.1% +4.6%

The average asking rental rate per sq ft/year for Office properties in New Orleans, LA as of Jun 15 was $16.72. This represents an increase of 1.1% compared to the prior 3 months, with an increase of +4.6% year-over-year. County-wide, average rental rates in New Orleans are +1.4% higher at $16.78 per sq ft/year for Office properties currently for lease.

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Asking Rent - Lease Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
-
State
$7.22 +2.8% +13.0%
-
Metro
$6.37 -0.6% -1.4%
-
City
$6.00 -1.9% -12.2%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Asking Rent - Lease Trends

  Jun 15 vs. 3 mo. prior Y-O-Y
-
State
$13.91 +1.9% +6.2%
-
Metro
$14.87 +3.6% +13.9%
-
County
$19.63 +4.3% +32.2%
-
City
$19.76 +4.1% +32.4%

The average asking rental rate per sq ft/year for Retail Commercial properties in New Orleans, LA as of Jun 15 was $19.76. This represents an increase of 4.1% compared to the prior 3 months, with an increase of +32.4% year-over-year. County-wide, average rental rates in New Orleans are +4.3% higher at $19.63 per sq ft/year for Retail Commercial properties currently for lease.