Baton Rouge Real Estate 70809 – Pine Park Subdivision Update – http://batonrougerealestateappraisal.com/
Pine Park Subdivision: Solds $252,900K to $275K, 2 sales since 1/1/08, avg size 2,559sf, avg sold price $103.53/sf, median sales price $264K, List-Sales Ratio: 96.12%.
An MLS CMA of this Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $251,600
Average Sold Price Per Sq. Ft.: $92.83
Median Sold Price: $215,000
Low Sales Price: $199,900
High Sales Price: $339,900
Average # of Days On Market: 20
# of Sales: 3
An MLS CMA of this Subdivision from 01/01/2008 to 01/17/2009 reveals:
Average Sales Price: $263,950
Average Sold Price Per Sq. Ft.: $103.53
Median Sold Price: $263,950
Low Sales Price: $252,900
High Sales Price: $275,000
Average # of Days On Market: 37
# of Sales: 2
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Pine Park Subdivision, the market direction appears to be increasing. However, it’s difficult to draw a conclusion based on only 3 sold sin 2007 and 2 solds in 2008. So, this data may not be totally reliable for a trend conclusion. Pine Park data used with the permission of the Greater Baton Rouge Board of Realtors.
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Office: 225-293-1500, Cell: 225-953-0638