http://www.accuratevg.com/ – Real Estate Appraisers in Baton Rouge, LA Report on Cedarcrest Subdivision
Solds In Cedarcrest Subdivision from 1/1/08 to 12/31/2008 revealed:
Average Sales Price: $136,250
Average Sold Price Per Sq. Ft.: $74.69/sf
Median Sold Price: $142,750
Average Number Days On Market: 99
# of Sales: 8
Solds In Cedarcrest Subdivision from 1/1/09 to 12/31/2009 reveal:
Average Sales Price: $122,142
Average Sold Price Per Sq. Ft.: $78.89/sf
Median Sold Price: $114,950
Average Number Days On Market: 134
# of Sales: 12
Therefore, based on the median sale price barometer within Cedarcrest Subdivsion, the market direction appears to be declining. The median sales price declined from $142,750 to $114,950 or -19.47%. However, the average sold price per sq. ft. actually increased from $74.69/sf to $78.89/sf or +$4.20/sf or +5.62%.
When you need a Greater Baton Rouge Home Appraisal, call Accurate Valuations Group at 225-293-1500.