http://batonrougerealestateappraisal.com/ – Baton Rouge’s Park Forest Subdivision Q1 2009 Update
Solds In Park Forest From 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $148,627
Average Sold Price Per Sq. Ft.: $84.91
Median Sold Price: $147,900
Low Sales Price: $110,000
High Sales Price: $280,000
Average # of Days On Market: 43
# of Sales: 51
Solds In Park Forest From 01/01/2008 to 02/18/2009 reveals:
Average Sales Price: $134,043
Average Sold Price Per Sq. Ft.: $88.41
Median Sold Price: $134,450
Low Sales Price: $90,000
High Sales Price: $196,000
Average # of Days On Market: 94
# of Sales: 28
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Subdivision, the market direction appears to be declining. The Average Sales Price has declined -$14,584 or -9.81%. Median Sales Price has declined -$13,450 or -9.09%. Average Sold Price Per Sq. Ft. has increased +$3.50/sf or +4.12%.
Park Forest data is presented with the permission of the Greater Baton Rouge Association of Realtors.
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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).
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Office: 225-293-1500, Cell: 225-953-0638