Baton Rouge Real Estate 70802 Housing Market Report

http://batonrougerealestateappraisal.com/ – Baton Rouge Real Estate 70802 Housing Market Report

Solds Within Zip Code 70802 from 01/01/2007 to 12/31/2007 revealed: 
Average Sales Price: $75,969
Average Sold Price Per Sq. Ft.: $54.58
Median Sold Price: $60,000
Low Sales Price: $7,000
High Sales Price: $475,000
Average # of Days On Market: 73
# of Sales: 115

Solds Within Zip Code 70802 From 01/01/2008 to 02/02/2009 reveals: 
Average Sales Price: $69,796
Average Sold Price Per Sq. Ft.: $53.77
Median Sold Price: $48,650
Low Sales Price: $7,200
High Sales Price: $310,000
Average # of Days On Market: 76
# of Sales: 104
Listing Price To Sales Price Ratio Has Been: 94.00%

Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Zip Code 70802, the market direction appears to be decreasing.   The Average Sales Price has decreased by -$6,173 or -8.13%.  Median Sales Price has decreased by -$11,350 or -18.92%.   Average Sold Price Per Sq. Ft. has decreased by -$0.81/sf or -1.41%.

70802 data used 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://www.getfastvalue.com 

 

 

Baton Rouge Real Estate 70802 Housing Market Report

 

 

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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