Kenilworth Subdivision Baton Rouge January 2009 Update FHA Appraisers East Baton Rouge

Kenilworth Subdivision Baton Rouge January 2009 Update FHA Appraisers East Baton Rouge

Kenilworth Subdivision Baton Rouge January 2009 Update FHA Appraisers East Baton Rouge

Sales in Kenilworth Subdivision were from $185K to $295K with 22 sales since 1/1/08, average size home 2,259sf, average sold price per sq. ft. was $98.88/sf and median sales price $212,500.

Kenilworth Subdivision Baton Rouge Appraisers - Kenilworth Subdivision Baton Rouge January 2009 Update FHA Appraisers East Baton Rouge

Solds from 01/01/2007 to 12/31/2007 revealed: 
Average Sales Price: $237,213
Average Sold Price Per Sq. Ft.: $102.64
Median Sold Price: $225,000
Low Sales Price: $154,900
High Sales Price: $545,000
Average # of Days On Market: 23
# of Sales: 19

Solds from 01/01/2008 to 01/17/2009 reveals: 
Average Sales Price: $220,859
Average Sold Price Per Sq. Ft.: $98.88
Median Sold Price: $212,500
Low Sales Price: $185,000
High Sales Price: $294,000
Average # of Days On Market: 63
# of Sales: 22

Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Kenilworth Subdivision, the market direction appears to be decreasing.  The Average Sales Price has decreased by -$16,354.   However, this could have something to do with the unusual $545,000 sale in 2007 on St Edmund Ct, which could have skewed the average sales price, which is why this appraiser is relying upon the median sales price figure.

Median Sales Price has decreased by -$12,500 or -5.56%

Average Sold Price Per Sq. Ft. has decreased by -$3.76/sf or -$3.66%

Kenilworth Subdivision data is presented 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 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

Fax: 1-866-663-6065

fastvalue2@cox.net

http://fhaappraiserbatonrouge.info/

 

 

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Kenilworth Subdivision Baton Rouge January 2009 Update FHA Appraisers East Baton Rouge

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