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May 2017: Evaluating the French Quarter neighborhood price range

Using price per square feet to evaluate cost 

Over the last few months, our friends at NeighborhoodX have analyzed house prices in New Orleans. So far, the analytics and research firm evaluated over 10 New Orleans neighborhoods in depth and released a global analysis of fifteen popular neighborhoods in the city.

This week, NeighborhoodX revisited the French Quarter. In May of 2017, the average price per square foot was $574, $8 more than the $566 price per square foot average this past March.

In its global analysis, NeighborhoodX ranked the French Quarter as the most expensive neighborhood , ahead of the Central Business District, Garden District, and Touro.

The most expensive property for sale is 1220 Dauphine Street Unit D, a sister unit to one of the most expensive listed condos in the French Quarter. Priced at $865 per square foot, the 2,108-square-foot condo has three bedrooms and three bathrooms.

518 Burgundy Street
via Carol-Jean Dixon/Latter & Blum

This 1840’s multi-family Creole cottage, priced at $267, reigns as the least expensive livable property for sale in the French Quarter. Located at 518 Burgundy Street, this 2,800-square-foot property has three separate units that are all listed as studios.

The French Quarter is roughly bounded by Iberville and North Rampart streets, Esplanade Avenue and the Mississippi River.

Looking to rent in the French Quarter? Check out what $1,500 rents you in Curbed NOLA’s weekly Curbed Comparison column.