Runnymede Townhouses Market Report 2/2009 By East Baton Rouge FHA Appraisers

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Runnymede Townhouses Market Report 2/2009 By East Baton Rouge FHA Appraisers

Solds In Runnymede Townhouses Community from 01/01/2007 to 12/31/2007 revealed: 
Average Sales Price: $230,583
Average Sold Price Per Sq. Ft.: $103.97
Median Sold Price: $236,750
Low Sales Price: $194,000
High Sales Price: $250,000
Average # of Days On Market: 65
# of Sales: 6

Solds In Runnymede Townhouses Community from 01/01/2008 to 02/02/2009 reveals: 
Average Sales Price: $215,960
Average Sold Price Per Sq. Ft.: $102.18
Median Sold Price: $215,000
Low Sales Price: $165,000
High Sales Price: $279,900
Average # of Days On Market: 41
# of Sales: 5
DOES NOT INCLUDE THE 1/2009 DISTRESSED SALE OF 1935 W MAGNA CARTA PL.

Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Runnymede Townhouse Community, the market direction appears to be declining from Post Hurricane Katrina Highs.   Average Sales Price has declined -$14,623 or -6.34%.   Median Sales Price has declined -$21,750 or -9.19%.  And, Average Sold Price Per Sq. Ft. has declined -$1.79/sf or -1.72/sf.

Runnymede Townhouses data is presdented 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, Cell: 225-953-0638

Fax: 1-866-663-6065

fastvalue2@cox.net

http://batonrougereoappraisers.info/  

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Runnymede Townhouses Market Report 2/2009 By East Baton Rouge FHA Appraisers

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