2025 Real Estate Year in Review for Southeast Louisiana

By Gregg Tepper

I have been married to my wonderful wife Letha for 29 years. We have 3 children: Max, Alexander and Charlotte. I have been a licensed Realtor in the New Orleans area for 20 years and am the Operator of The Tepper Group with Keller Williams Realty in Mandeville. Our team services the entire New Orleans and Baton Rouge metro areas. Our team of partners has well over 40 years of experience. In 2024 we helped 132 families buy, sell and lease homes, land and commercial investments.

One of the biggest myths about 2025 is that nothing moved. When people ask how the market did, what they really want to know is whether homes actually sold and what that means for their value today.

When we reviewed the numbers across southeast Louisiana, including the Northshore and surrounding parishes, one trend stood out. Even in a market many describe as slower, about 40% of homes still went under contract within 30 days in 2025. In 2024, that number was roughly 43%. That is not what most people expect in a so-called buyer market.

The difference comes down to value. Homes that show well and are priced correctly tend to sell quickly, without giving anything away. Homes priced too high for their condition often sit on the market longer, creating more stress and additional costs for sellers.

Buyers see this too. While they may take their time, the right homes still attract immediate attention. When a listing offers strong value, competition follows.

The lesson from 2025 is straightforward. Sellers who price to win shorten their timeline and reduce hassle. Buyers who recognize value and act decisively are the ones who secure the best homes.

If you want a hyper-local look at your neighborhood, call (985) 218-5445 or email TGroup@kw.com. Understanding how homes actually sold in 2025 gives you a real advantage as you plan your next move.