Are buyers active in New Orleans-Metairie?

Buyer demand in New Orleans-Metairie is **cautious** as of July 2026. The pending ratio is 0.24 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 79 days to go under contract. Inventory is -2.4% year over year — fewer choices means buyers who do show up have to move quickly. Sellers are responding: 29.6% of listings have cut price. Overall, the Primpted Sold Score for New Orleans-Metairie is 33/100 (Challenging Market Conditions). — Live indicators (July 2026): Sold Score: 33/100 (Challenging Market Conditions) · Pending ratio: 0.24 · Inventory YoY: -2.4% · Median days on market: 79 · Sellers cutting price: 29.6% · Median listing price: $297,000 (-6.5% YoY)