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Posts Tagged ‘Median Sale Price’
Baton Rouge Real Estate Appraiser’s Report: Riverbend Subdivision 70820
01/23/2010 | 
Author http://www.batonrougerealestateappraisal.com/ - Baton Rouge Real Estate Appraiser’s Report: Riverbend Subdivision 70820
Market Direction: Up or Down?
Solds In Riverbend Subdivision from 1/2007 to 12/2007 revealed:
Average Sales Price: $340,142
Average Sold Price Per Sq. Ft.: $121.89/sf
Median Sold Price: $345,000
Average Days On Market: 68
Number Of Sales: 18
Solds In Riverbend Subdivision from 1/2008 to 12/2008 revealed:
Average Sales Price: $325,374
Average Sold Price Per Sq. Ft.: $121.21/sf
Median Sold Price: $317,400
Average Days On Market: 69
Number Of Sales: 18
Solds In Riverbend Subdivision from 1/2009 to 12/2009 revealed:
Average Sales Price: $333,587
Average Sold Price Per Sq. Ft.: $120.44/sf
Median Sold Price: $330,000
Average Days On Market: 91
Number Of Sales: 13
Therefore, based on the median sale price barometer within Riverbend, the market direction declined from 2007 to 2008 but increased from 2008 into 2009. The gap between the high and low median sales prices was $27,600. However the Aveage Sold Price Per Sq. Ft. only varied $1.45/sf within this 3 year period, which shows a fairly tight, supportive market.
For Your Greater Baton Rouge Home Apprasial Needs, Give Accurate Valuations Group A Call at 225-293-1500 or visit http://www.accuratevg.com/
Posted in Baton Rouge Economic News, Baton Rouge FHA Appraisers, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | 
Tags: Accurate Valuations, Barometer, Baton Rouge Real Estate News, Gap, Greater Baton Rouge, Home Apprasial, Market Direction, Median Sale Price, Median Sales Prices, Nbsp, Real Estate Appraiser, Riverbend, Solds | 
1 Comment »
Baton Rouge Business Report: Louisiana holds up better than most in recession
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Business Report: Louisiana holds up better than most in recession
Source and Article: Baton Rouge Business Report
Here’s a brief snippet:
“When Louisiana Gov. Bobby Jindal touts the state’s job market and New Orleans Mayor Ray Nagin sells his city as one of the best places to ride out the recession, it’s not just routine boosterism. In the midst of a severe nationwide downturn, the Louisiana economy is holding up better than most. It’s a role reversal from a few years ago, when Louisiana was one of the country’s weaker states financially following the destruction caused by Hurricane Katrina.”
Posted in Baton Rouge Economic News, Baton Rouge Real Estate Appraisal | Tags: Appraisers In Baton Rouge, Baton Rouge, Baton Rouge Appraiser Search, Baton Rouge Appraisers, Baton Rouge Appraisers Directory, Baton Rouge Appraisers Search, Baton Rouge FHA Appraisers, Baton Rouge FHA Home Appraisers, Baton Rouge FHA Real Estate Appraisers, Baton Rouge Foreclosures, Baton Rouge Home Appraisers, Baton Rouge Homes For Sale, Baton Rouge Homes Realtor, Baton Rouge Real Estate Appraisal, Baton Rouge Real Estate News, Baton Rouge Real Estate News, Baton Rouge Realtors, Baton Rouge REO Homes, Best Places, Board Of Realtors, Bobby Jindal, Boosterism, Business Report, Downturn, FHA Baton Rouge Appraisers, FHA Baton Rouge Home Appraisers, FHA Baton Rouge Real Estate Appraisers, Greater Baton Rouge, Home Appraiser, Hurricane Katrina, Job, Louisiana Economy, Market Direction, Mayor Ray Nagin, Median Sale Price, Midst, New Orleans Mayor Ray Nagin, Ray Nagin, Recession, REO Appraisers Baton Rouge, REO Appraisers East Baton Rouge, REO Homes Baton Rouge, REO Homes East Baton Rouge, Residential Development, Role Reversal, Snippet | No Comments »
Baton Rouge’s Park Forest Subdivision Q1 2009 Update
http://batonrougerealestateappraisal.com/ – Baton Rouge’s Park Forest Subdivision Q1 2009 Update
Solds In Park Forest From 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $148,627
Average Sold Price Per Sq. Ft.: $84.91
Median Sold Price: $147,900
Low Sales Price: $110,000
High Sales Price: $280,000
Average # of Days On Market: 43
# of Sales: 51
Solds In Park Forest From 01/01/2008 to 02/18/2009 reveals:
Average Sales Price: $134,043
Average Sold Price Per Sq. Ft.: $88.41
Median Sold Price: $134,450
Low Sales Price: $90,000
High Sales Price: $196,000
Average # of Days On Market: 94
# of Sales: 28
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Subdivision, the market direction appears to be declining. The Average Sales Price has declined -$14,584 or -9.81%. Median Sales Price has declined -$13,450 or -9.09%. Average Sold Price Per Sq. Ft. has increased +$3.50/sf or +4.12%.
Park Forest data is presented with the permission of the Greater Baton Rouge Association of Realtors.
Author’s Bio:
Bill Cobb, CREA, is Greater Baton Rouge’s favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
fastvalue2@cox.net
http://greaterbatonrougerealestatetv.blogspot.com/
Posted in Baton Rouge Economic News, Baton Rouge Real Estate Appraisal | Tags: Appraisers In Baton Rouge, Baton Rouge Appraiser Search, Baton Rouge Appraisers, Baton Rouge Appraisers Directory, Baton Rouge Appraisers Search, Baton Rouge FHA Appraisers, Baton Rouge FHA Home Appraisers, Baton Rouge FHA Real Estate Appraisers, Baton Rouge Foreclosures, Baton Rouge Home Appraisals, Baton Rouge Home Appraisers, Baton Rouge Homes Realtor, Baton Rouge Real Estate Appraisal, Baton Rouge Real Estate News, Baton Rouge Real Estate News, Baton Rouge REO Appraisers, Baton Rouge REO Homes, Bill Cobb, FHA Baton Rouge Home Appraisers, FHA Baton Rouge Real Estate Appraisers, First Period, Median Sale Price, REO Appraisers Baton Rouge, REO Appraisers East Baton Rouge, REO Homes Baton Rouge, REO Homes East Baton Rouge | No Comments »
The Lakes At Highland Update, Baton Rouge Real Estate Market Update
http://batonrougerealestateappraisal.com/ - The Lakes At Highland Update, Baton Rouge Real Estate Market Update
The Lakes At Highland Subdivision Baton Rouge Louisiana 70810
The Lakes At Highland (LAH) is a high-end residential development in the highest price zip code within the Baton Rouge marketing area. Home prices within LAH are generally in the $350K to approx. $750K range with a median sales price since 11/03/2007 of $472,000.
Solds From Within The Lakes At Highland Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $492,625
Average Sold Price Per Sq. Ft.: $158.34
Median Sold Price: $478,250
Low Sales Price: $375,500
High Sales Price: $685,000
Average # of Days On Market: 70
# of Sales: 12
Solds From Within The Lakes At Highland Subdivision from 01/01/2008 to 01/10/2009 reveals:
Average Sales Price: $473,938
Average Sold Price Per Sq. Ft.: $159.49
Median Sold Price: $498,500
Low Sales Price: $356,000
High Sales Price: $575,000
Average # of Days On Market: 42
# of Sales: 8
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within subdivision, the market direction appears to be increasing to remaining stable/steady. Stable/Steady was chosen as a result of the large # of competing homes on the market.
The Average Sales Price has decreased by -$18,687. This could be due to the fact that there were 2 sales in the first period in 2007 in the $655,000 to $685,000 plus range. These higher sales would have worked to skew the numbers in the second period where the sales were up to $575,000.
Median Sales Price has increased by +$20,250.
Average Sold Price Per Sq. Ft. has increased by +$1.15/sf.
The Lakes At Highland Subdivision Data Is Used With The Permission Of The Greater Baton Rouge Board Of Realtors.
Author’s Bio:
Bill Cobb, CREA, is Greater Baton Rouge’s favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
Posted in Baton Rouge Real Estate Appraisal | Tags: Appraisers In Baton Rouge, Association Of Realtors, Barometer, Baton Rouge, Baton Rouge Appraisals, Baton Rouge Appraiser Search, Baton Rouge Appraisers, Baton Rouge Appraisers Directory, Baton Rouge Appraisers Search, Baton Rouge FHA Appraisers, Baton Rouge FHA Home Appraisers, Baton Rouge FHA Real Estate Appraisers, Baton Rouge Foreclosures, Baton Rouge Home Appraisals, Baton Rouge Home Appraisers, Baton Rouge Homes For Sale, Baton Rouge Homes Realtor, Baton Rouge Louisiana, Baton Rouge Real Estate Agents, Baton Rouge Real Estate Appraisal, Baton Rouge Real Estate Appraisers, Baton Rouge Real Estate News, Baton Rouge Real Estate News, Baton Rouge Realtor Homes, Baton Rouge Realtors, Baton Rouge REO Appraisers, Baton Rouge REO Homes, Bill Cobb, Board Of Realtors, FHA Baton Rouge Appraisers, FHA Baton Rouge Home Appraisers, FHA Baton Rouge Real Estate Appraisers, First Period, Greater Baton Rouge, Home Appraiser, Market Direction, Marketing, Median Sale Price, Median Sales Price, National Association Of Realtors, Real Estate Market, REO Appraisers Baton Rouge, REO Appraisers East Baton Rouge, reo baton rouge, REO Homes Baton Rouge, REO Homes East Baton Rouge, Residential Development, Second Period, Solds | No Comments »