Walker Louisiana Real Estate News: Housing Market Trend For The Lakes At Fennwood Subdivision?

http://denhamspringsappraisers.com/  – Walker Louisiana Real Estate News: Housing Market Trend For The Lakes At Fennwood Subdivision?

Walker Louisiana Real Estate News: Housing Market Trend For The Lakes At Fennwood Subdivision?

SOLDS In The Lakes At Fennwood Subdivision from 01/01/2007 to 12/31/2007 revealed: 
Average Sales Price: $198,989
Average Sold Price Per Sq. Ft.: $109.04
Median Sold Price: $194,300
Low Sales Price: $180,000
High Sales Price: $224,000
Average # of Days On Market: 32, # of Sales: 12

SOLDS In The Lakes At Fennwood Subdivision from 01/01/2008 to 02/19/2009 reveals: 
Average Sales Price: $196,600
Average Sold Price Per Sq. Ft.: $112.60
Median Sold Price: $190,000
Low Sales Price: $182,000
High Sales Price: $218,000
Average # of Days On Market: 61,  # of Sales: 5

Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within The Lakes At Fennwood Subdivision, the market direction appears to be declining slightly.   The Average Sales Price has declined -$2,389 or -1.20%.  Median Sales Price has declined -$4,300 or -2.21%.   Average Sold Price Per Sq. Ft. has increased +$3.56/sf or +3.26%.

Lakes at Fennwood 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, Cell: 225-953-0638

Fax: 1-866-663-6065

fastvalue2@cox.net

http://denhamspringshomesrealtorblog.com/

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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