The number of new listings and closed sales in the New Orleans metro area show year-over-year double-digit percentage decreases, but average sales prices continue to stay strong, according to the NOMAR Local Market Update September 2024 report. Every month, the New Orleans Metropolitan Association of Realtors publishes residential real estate statistics for the 10-parish metro area – Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. John, St. James, St. Tammany, Tangipahoa, and Washington.September 2024 shows 1,501 new listings in the New Orleans metro area, down 14.7% YoY from 1,759 new listings in September 2023. Fortunately, new listings are actually up 2% YTD with 16,753 new listings through September 2024, compared to 16,417 through the first nine months of 2023. There were 868 closed sales in New Orleans metro in September 2024, down 14.1% YoY from 1,010 closed sales in September 2023. That number remains down YTD, as well. There have been 8,847 closed sales throughout the first nine months of this year, compared to 9,687 closed sales in the same period last year.When homes do sell, they’re going for a strong average sales price. The average sales price in New Orleans metro in September 2024 was $338,070, up 6% YoY, while that price remains up YTD, as well, with an average sales price of $345,879 through the first nine months of 2024, up 5% from $329,419 through the first nine months of 2023. Days on market continues to stay high across the New Orleans metro area with an average DOM of 57 in September 2024, up 3.6% YoY. DOM is up 22% YTD with an average of 61 through the first nine months of 2024, compared to an average of 50 DOM in the same period last year.