Is now a good time to sell in New Orleans-Metairie?

Probably not, unless you need to move. The Sold Score for New Orleans-Metairie is 31/100 in May 2026 (Challenging Market Conditions) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago. Pending ratio is 0.27 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +1.0% year over year, expanding the pool you're competing in. Median days on market sit at 67. 28.2% of active listings have already reduced asking price. — Live indicators (May 2026): Sold Score: 31/100 (Challenging Market Conditions) · Pending ratio: 0.27 · Inventory YoY: +1.0% · Median days on market: 67 · Sellers cutting price: 28.2% · Median listing price: $299,000 (-8.0% YoY)