http://fhaappraisersbatonrouge.com/ – FHA Appraisers Study Livington Parish Denham Springs 70706
Solds in Richmond Place Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $162,993
Average Sold Price Per Sq. Ft.: $88.97
Median Sold Price: $164,000
Low Sales Price: $145,000
High Sales Price: $194,900
Average # of Days On Market: 48
# of Sales: 35
Solds in Richmond Place Subdivision from 01/01/2008 to 02/02/2009 reveals:
Average Sales Price: $154,068
Average Sold Price Per Sq. Ft.: $88.58
Median Sold Price: $154,500
Low Sales Price: $135,000
High Sales Price: $186,000
Average # of Days On Market: 118
Average Size Home: 1,757sf
# of Sales: 22
Listing Price To Sales Price Ratio Has Been: 97.82%
Does not exclude any REO sales.
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) withinRichmond Place Subdivision, the market direction appears to be decreasing. The Average Sales Price has decreased by -$8,925 or -5.48%. The Median Sales Price has decreased by -$9,500 or -5.79%. The Average Sold Price Per Sq. Ft. has decreased by -$0.39/sf or less than 1%.
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