http://www.batonrougerealestatebuzz.com/ – Baton Rouge Housing Observations: Shenandoah Estates Median Sold Price Increases Over 10% Into 2010

In 2010 YTD, despite a few foreclosures, Shenandoah Estates is still outpacing the majority of the Baton Rouge housing market with a 10.43% increase in median sold price. “YTD” is year-to-date.

Median Sold Price Increase. In 2009, the overall median sold price was $196,500. As of this search, the median sold price has risen to $217,000 or +10.43%.

Average Sold Price Per Sq. Ft. Increase. In 2009, overall it was $89.48/sf. As of this search, the average sold price per sq. ft. has been risen to $94.23/sf or $4.75/sf, which is a +5.31%.

Average Days On The Market Decrease. In 2009, it took approximately 106 to sell a home. In 2010 YTD, it has taken 43 days to sell a home, which is 63 less days or a reduction in marketing time of 59%.

NOTE: Based on Detached Single Family information from the Greater Baton Rouge Association of REALTORS\MLS for the period 01/01/2009 through 12/31/2009 versus 01/01/2010 to 04/22/2010 For Shenandoah Estates. This information was extracted on 12/31/2009 and 04/22/2010.

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