Baton Rouge Real Estate: How Is Villa Del Rey Subdivision Performing In 2008, Increasing or Decreasing or Remaining Steady?

http://appraisersinbatonrouge.com/ – Baton Rouge Real Estate: How Is Villa Del Rey Subdivision Performing In 2008, Increasing or Decreasing or Remaining Steady?

A recent home appraisal in and analysis of Villa Del Rey revealed this interesting finding.  

Solds from 1/1/08 to 8/19/08 in Villa Del Rey reveal:  
Average Sales Price: $162,350
Average Sold Price Per Sq. Ft.: $76.41/sf
Median Sold Price: $160,000
Low Sales Price: $129,000
High Sales Price: $229,000
Average # of Days On Market: 122 
# of Sales: 9      

Solds From 1/1/07 to 12/31/07 in Villa Del Rey reveal:  
Average Sales Price: $162,514
Average Sold Price Per Sq. Ft.: $74.19/sf
Median Sold Price: $160,000
Low Sales Price: $124,700
High Sales Price: $210,000
Average # of Days On Market: 71 
# of Sales: 37  

Excludes REO Sales Activity  

Therefore, based on the median sale price barometer within Villa Del Rey, the market direction is holding steady as 2007 and 2008 median sales prices have remained at $160,000.  

Villa Del Rey Subdivision data is provided 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 16 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 Baotn 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: How Is Villa Del Rey Subdivision Performing In 2008, Increasing Or Decreasing Or Remaining Steady?

Baton Rouge Real Estate: How Is Villa Del Rey Subdivision Performing In 2008, Increasing Or Decreasing Or Remaining Steady?

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