A verified snapshot of all residential activity across the Greater New Orleans MLS area for September 2026, reported by the New Orleans Metropolitan Association of REALTORS® and current as of October 7, 2026.
Reporting period: September 2026 compared with September 2025 · Geography: Entire MLS · Property type: All residential properties · Source: New Orleans Metropolitan Association of REALTORS®.
September compared with September 2025
| Metric | 2025 | 2026 | Change |
|---|---|---|---|
| New listings | 1,689 | 1,600 | −5.3% |
| Pending sales | 950 | 952 | +0.2% |
| Closed sales | 1,022 | 945 | −7.5% |
| Days on market until sale | 66 | 72 | +9.1% |
| Median sales price | $275,000 | $280,000 | +1.8% |
| Average sales price | $354,911 | $353,204 | −0.5% |
| Percent of list price received | 96.5% | 96.6% | +0.1% |
| Inventory of homes for sale | 5,820 | 5,588 | −4.0% |
| Months supply of inventory | 6.0 | 5.5 | −8.3% |
Year-to-date through September
Through September 2026, the report shows 16,058 new listings (−0.4%), 9,688 pending sales (+5.7%), and 9,248 closed sales (+5.0%). The year-to-date median sales price is $285,900, compared with $278,000 through September 2025. Year-to-date average sales price is $368,803, up 2.5%.
Putting the regional numbers in context
September had fewer closed sales than the same month last year, while year-to-date closings remained ahead of 2025. The median sale price was higher year over year, and average days on market increased. These are Entire MLS figures: a specific home or neighborhood can differ based on property type, location, condition, competition, insurance considerations, and timing.
Source: New Orleans Metropolitan Association of REALTORS® Local Market Update, Entire MLS, all residential properties, September 2026. Current as of October 7, 2026. The report notes that sales prices do not account for concessions or downpayment assistance, percentage changes use rounded figures, and rolling 12-month calculations combine the current month with the prior 11 months. View the official September report.
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