Baton Rouge Home Appraisal Trends: Prairieville Housing Market Update

http://www.batonrougerealestateappraisal.com/ – Ascension Parish Prairieiville La Home Sales Trends: Manchac Crossing 2005-2010 Home Sales Report

Baton Rouge Home Appraisal Trends: Prairieville Housing Market Update

 

Total # 2010 Sales: 6
Average Sales Price: $236,700
Median Sales Price: $233,500
Average Sold Price: $117.25/sf
Average List To Sale Price Ratio: 96%
Average Days On Market: 62

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One 2011 Sale $205,000 or $124/sf. It appears Manchac Crossing Median Sales Prices are continuing to Decline from 2008 highs of $242,750. Median Prices since 2006 have been $218,000, $219,950, $242,750, $237,500, $233,250 and now $205,000 in 2011. So, there was the rise in prices after Hurricane Katrina, then the deflating of the market!

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NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2005 to March 25, 2011. This information was extracted on 03/25/2011. YES, permission was granted by GBRMLS to use Subdivision Price Trends Chart Report!

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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