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High Point Subdivision Baton Rouge Real Estate Market Statistics

High Point Subdivision Baton Rouge Real Estate Market Statistics

Baton Rouge Housing Market Statistics completed by Bill Cobb Appraiser and High Point Home Appraisals Baton Rouge


Baton Rouge, population 228,000 (Greater Baton Rouge Area comprising 804,000 residents). Since mid 1990s, Greater Baton Rouge experienced rapid residential and commercial development. High Point location is convenient to local schools, employment and shopping. High Point was developed in in mid 1980’s with some homes built through early 1990’s. Per GBRMLS, home sizes range from 1,170sf up to 1,969sf, averaging 1,377sf.

2011 High Point Home Sales
In 2012, there have been eleven (11) home sales year to date from $139,000 up to $205,000 (for a new larger home on Jefferson Hwy), median sales price $149,900, Avg Sold Price:$110.10/sf, Avg SP/LP%:98%. Living area sizes of homes sold was from 1,207sf to 1,761sf. Sold prices per sq. ft. ranged from $98/sf to $122/sf, averaged $110/sf. The average marketing time or days on the market for these 11 sales was 98 days.

2012 High Point Home Sales
In 2012, there have been twelve (12) home sales year to date from $132,000 up to $164,500, median sales price $152,000, Avg Sold Price:$109.39/sf, Avg SP/LP%:99%. Living area sizes of homes sold was from 1,228sf to 1,489sf. Sold prices per sq. ft. ranged from $97/sf to $120/sf, averaged $107/sf. The average marketing time or days on the market for these 12 sales was 91 days. 

 

In Summary
2011 vs 2012, the median sales price increased by $2,100 and average sold price remained close, $110.10/sf in 2011 vs $109.39 in 2012.

CHART NOTE: The chart above was created from November 2012 and only reflects 10 sales, not the 12 total sales year to date.

 

GBMLS NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2011 to December 28, 2012. This information was extracted on 12/28/2012. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report.

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