Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

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Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

Solds In Millbrook Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $229,300 ($254,000 in 2009)
Average Sold Price Per Sq. Ft.: $125.23/sf  ($120.97/sf in 2009)
Median Sold Price: $235,000  ($254,000 in 2009)
Number of Sales: 3  (2 in 2009)
Average Number of Days On Market: 109 (100 in 2009)
Low To High: $215,000 to $238,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 1, 0 Are Foreclosures
Current Listings Price: $226,000 or $128/sf  (Notice this listing is generally priced $7/sf above 2010 support in Millbrook)

Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

For the numbers above, one must keep in mind the sizes of the homes sold.  In 2009, there were 2 homes sold averaging 2,103sf living area size.  The 3 2010 solds averaged 1,831sf, 272sf smaller than the 2009 solds.  Thus, it would make sense for the 2009 median sales price to be higher.  

Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®MLS for the period of January 1, 2010 to December 31, 2010.  This information was extracted on 1/1/2011.  YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

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Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

About Bill Cobb, Appraiser

The Baton Rouge Residential Appraisal Blog is an information source provided by local Home Appraiser, Bill Cobb, and Accurate Valuations Group. Bill has 24 years experience as a Baton Rouge Residential Home Appraiser and updates his local network of sites weekly with reports, videos and audio reviews of local housing market conditions! 225-293-1500