Chip Gardner’s Post

We are often asked how the luxury market is performing. Check out the Greater New Orleans 2023 Residential Real Estate Market Summary for properties priced in excess of $1 Million; this compares the 2023 calendar year to the prior year. In comparing the number of sales, St Tammany Parish had the least amount of pullback, followed by Jefferson Parish, and then Orleans Parish. #chipgardner #herbertdubuisson #thelocalschoice #latterblum #luxuryrealestate #neworleansrealestate  . The Chip Gardner & Herbert Dubuisson Group Who's Who in Luxury Real Estate | The Board of Regents Chip Gardner | 504.236.3891 Herbert Dubuisson | 228.216.8456 Latter & Blum Companies Latter & Blum Mandeville | 985.626.8589 Latter & Blum South Mississippi | 228.467.1602

Curious about local real estate market trends? Check out our Mississippi Gulf Coast 2023 Residential Real Estate Market Recap. This is an informative video that gives you a snapshot of how the residential real estate market performed over the past year.

When you drive around Greater New Orleans, do you see more For Sale signs than you used to? The Residential Real Estate Market has shifted from 3,875 For Sale Listings in January 2023 to 6,528 in June 2024 (+68%), so yes there are more signs. A silver lining is that we are currently in a Balanced or Neutral Market with 5.6 Months of Inventory Based on Closed Sales. However, this metric is trending towards a Buyer’s Market, which is defined as 6.0 Months+. The Chip Gardner & Herbert Dubuisson Group | Compass Who’s Who in Luxury Real Estate | The Board of Regents Chip Gardner | 504.236.3891  Herbert Dubuisson | 228.216.8456 Latter & Blum Companies Latter & Blum Mandeville | 985.626.5695 Latter & Blum South Mississippi | 228.467.1602 . #chipgardner #herbertdubuisson #thelocalschoice #compass #compassrealestate #luxuryrealestate

Curious about local real estate market trends? Check out our Mississippi Gulf Coast 2023 Residential Real Estate Market Recap.

Check out the Average Days on Market trend in the Greater New Orleans Residential Real Estate Market; the recent low was 42 days last July and it has steadily increased over the past seven months to 66 days. Furthermore, the Sold/Original List Price Ratio is falling to 92%; this means that a typical house that was listed at $500k is now selling closer to $460k. Both of these are signs of the current Buyer’s Market, which is defined as more than six months of inventory based on closed sales. If you have questions about a specific area or price point, reach out to us. #chipgardner #herbertdubuisson #thelocalschoice #latterblum #neworleansrealestate #louisianarealestate . The Chip Gardner & Herbert Dubuisson Group Who’s Who in Luxury Real Estate | The Board of Regents Chip Gardner | 504.236.3891  Herbert Dubuisson | 228.216.8456 Herb Dubuisson | Patricia Burgoyne | Nathan Mccartney Latter & Blum Companies   Latter & Blum Mandeville | 985.626.8589 Latter & Blum South Mississippi | 228.467.1602

When you drive around Greater New Orleans, do you see more For Sale signs than you used to? The Residential Real Estate Market has shifted from 3,875 For Sale Listings in January 2023 to 6,528 in June 2024 (+68%), so yes there are more signs. A silver lining is that we are currently in a Balanced or Neutral Market with 5.6 Months of Inventory Based on Closed Sales. However, this metric is trending towards a Buyer’s Market, which is defined as 6.0 Months+. The Chip Gardner & Herbert Dubuisson Group | Compass Who’s Who in Luxury Real Estate | The Board of Regents Chip Gardner | 504.236.3891  Herbert Dubuisson | 228.216.8456 Latter & Blum Companies Latter & Blum Mandeville | 985.626.5695 Latter & Blum South Mississippi | 228.467.1602 . #chipgardner #herbertdubuisson #thelocalschoice #compass #compassrealestate #luxuryrealestate

This is the Greater New Orleans 2023 Residential Real Estate Market Recap. This compares the 2023 calendar year to the prior year 2022. In the ten parish GNO Market, some parishes had bright spots, some remained relatively flat, and some had pullbacks. Overall, this is a Neutral/Balanced market with 4.8 months of inventory based on sales. #chipgardner #herbertdubuisson #thelocalschoice #latterblum #neworleansrealestate #louisianarealestate . The Chip Gardner & Herbert Dubuisson Group Who's Who in Luxury Real Estate | The Board of Regents Chip Gardner | 504.236.3891 Herbert Dubuisson | 228.216.8456 Latter & Blum Companies Latter & Blum Mandeville | 985.626.8589 Latter & Blum South Mississippi | 228.467.1602

Tips for Negotiating Your House Price in 2024 Contact me to discuss the latest scoop in real estate! #seattle #bellevue #bothellrealestate #kingcounty #movingtoseattle #realestateinvestor #luxuryhomes

We are bringing you a highlight of the Mississippi Gulf Coast Residential Real Estate Market. Check out the wave of Pending Sales activity (the red line) this January [+57% from December 2023 | +22% from January 2023]. In a typical market cycle, we usually don’t see this level of increase in activity until post-Mardi Gras, but that is not the case this year, which is a positive sign for the Mississippi Gulf Coast. #chipgardner #herbertdubuisson #thelocalschoice #latterblum #luxuryrealestate #mississippirealestate  . The Chip Gardner & Herbert Dubuisson Group Who's Who in Luxury Real Estate | The Board of Regents Chip Gardner | 504.236.3891 Herbert Dubuisson | 228.216.8456 Latter & Blum Companies Latter & Blum Mandeville | 985.626.8589 Latter & Blum South Mississippi | 228.467.1602

Exploring DuPage & Cook County’s real estate scene 🏡✨ From cozy homes to luxurious estates, prices vary but the market’s buzzing! DuPage median: $384K, 35-57 days on market. Cook County’s median: $328K, 16-59 days to sell. Stay tuned for more updates! #RealEstate #DuPageCounty #CookCounty #MarketTrends #TheMarandaGroup