http://www.gbrhousinganswers.com/ – Greater Baton Rouge Housing Answers: How Are Hermitage Subdivision 70810 Values Doing in 2010? I performed a home appraisal in Hermitage Subdivision this week and discovered the following housing numbers below.
Solds In Hermitage Subdivision from 1/2010 to 12/10/2010 revealed:
Average Sales Price: $101,360 ($81,500 in 2009)
Average Sold Price Per Sq. Ft.: $72/sf ($59/sf in 2009)
Median Sold Price: $95,000 ($82,000 in 2009)
Number of Sales: 5 (7 in 2009)
Average Number of Days On Market: 83
Low To High: $79,900 to $127,000
Number of Sold REO/Foreclosures Noted In MLS: 2
Current # Listings: 8, 0 Are Foreclosures (But, there are at least 2 REOs coming soon)
Current Listings Prices: $85,000 To $149,900 (the $149,900 is a new home)
Overall, the Hermitage Subdivision prices appear to be on a rebound from the REO or foreclosure sales the brought the numbers down in 2009.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®MLS for the period of January 1, 2009 to December 10, 2010. This information was extracted on 12/10/2010. YES, this appraiser does have the permission of the GBRMLS to use the MLS Chart above.