Denham Springs, Livingston Parish Market News

Is The Market Direction For Summerfield Subdivision Up or Down In The Previous 12 Month Period Of Time?

An MLS CMA of this Subdivision from 8/12/07 to 8/12/08 reveals: 
The Average Sales Price: $202,350
The Average Sold Price Per Sq. Ft.: $108.89/sf
The Median Sold Price: $202,750
Low Sales Price: $184,900
High Sales Price: $219,000
Average # of Days On Market: 97 Days On Market
# of Sales: 4    

An MLS CMA of this Subdivision from 8/12/06 to 8/12/07 reveals: 
The Average Sales Price: $195,667
The Average Sold Price Per Sq. Ft.: $104.29/sf
The Median Sold Price: $196,000
Low Sales Price: $181,000
High Sales Price: $210,000
Average # of Days On Market: 42 Days On Market
# of Sales: 3

Therefore, based on the median sale price barometer (NAR’s barometer) within Summerfield S/D, the market direction is increasing with a +$6,750 increase in median sales prices.  The price per sq. ft. sold increased by +$4.60/sf. 

Summerfield S/D data is used with the permission of the GBRAR.

Bill Cobb, CREA is an FHA appraiser specializing in appraising Denham Springs homes.   Visit: http://www.denhamspringshomeappraisals.com/

Denham Springs, Livingston Parish Market News

Denham Springs, Livingston Parish Market News

Related terms: Denham Springs Newspaper Classified, Denham Springs Parish LA, Denham Springs Parish Library

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