French Quarter Real Estate - Find Your Perfect Home For Sale!
French Quarter - Town vs. County Stats
Avg Price in French Quarter: $796,100/Co. / County Avg $466,100
Avg Sq. Ft. in French Quarter: 1,488/Co. / County Avg 1,954
Avg Price per/ft2 in French Quarter: $535/Co. / County Avg $239
Avg Walkscore in French Quarter: 97 / County Avg 66
Avg Year Built in French Quarter: 1901/Co. / County Avg 1960
Avg Days on Website in French Quarter: 161/Co. / County Avg 112
French Quarter Real Estate Market Health
In the heart of the greater New Orleans area is the original City of New Orleans, as founded by Jean-Baptiste Le Moyne de Bienville, known today the world over as The French Quarter. Sometimes this famous and historic neighborhood is also referred to as the Vieux Carré. The French Quarter is the oldest neighborhood in the city of New Orleans, founded in 1718. When Bienville founded NOLA, the city was originally centered on the French Quarter, or the Vieux Carré ("Old Square" in French) as it was known at the time. This term is how the French Quarter neighborhood gained its name.
One of the most interesting facts about the French Quarter is how most its streets were named. Some of the neighborhood’s seven by eleven blocks were named for the illegitimate children of France’s King Louis XIV, including, Duke du Maine for Dumaine Street, Comte de Toulouse for Toulouse Street and also, names for the illegitimate daughters who married the Dukes of Chartres and Bourbon. Streets in the French Quarter are also named after saints with Saint Louis IX, King of France as the most prominent.
The foremost tourist attractions in New Orleans, St. Louis Cathedral and Jackson Square sit at the heart of the French Quarter. The Cabildo and Presbytere are on either side of the Cathedral and flanking each side of Jackson Square are the famous Pontalba Apartments.
Although the neighborhood is called the "French" Quarter, most of the present day buildings were built under Spanish rule and show Spanish colonial tastes. The district as a whole is a National Historic Landmark. A majority of the View Carre’s architecture was built during the time when New Orleans was governed by Spanish rule, and architecture of the neighborhood reflects Spanish style.
The Great New Orleans Fire (1788) and another great fire in 1794 destroyed most of the Quarter's old French colonial architecture, leaving the colony's new Spanish overlords to rebuild it according to more modern tastes—As a result, colorful walls and roofs and elaborately decorated ironwork balconies and galleries, from both the 18th century and the early 19th century, abound. This explains the Mediterranean ambiance of the French Quarter, since Spanish during the time was under Moorish influence. Many residences in the French Quarter contain private and sheltered courtyards.
Today, the Quarter is a magnet for tourists from all over the world, yet still has a vibrant neighborhood life. Locally owned retail shops, boutique hotels, bed and breakfasts, late-night attractions, pubs, art galleries, and restaurants all add to its allure. The neighborhood also hosts festivities like French Quarter Fest and New Orleans Spring Fiesta, along with playing the dominant role in any other New Orleans-wide event or festival.
According to the US census of 2010, there were 3,813 people, 2,635 households, and 549 families residing in the French Quarter and adjacent neighborhoods include: Marigny (east), Mississippi River (east), Central Business District (south), Iberville (west), and Tremé (west).
Sources: Wikipedia 2013, Ellis, Scott S. (2010). Madame Vieux Carré: the French Quarter in the Twentieth Century., and US Census 2010.