Baton Rouge Real Estate 70819 – River Oaks Subdivision Update – http://batonrougerealestateappraisal.com/
Solds Within River Oaks Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $120,792
Average Sold Price Per Sq. Ft.: $83.03
Median Sold Price: $119,500
Low Sales Price: $90,500
High Sales Price: $155,000
Average # of Days On Market: 67
# of Sales: 12
Solds Within River Oaks Subdivision from 01/15/2008 to 01/01/2009 reveals:
Average Sales Price: $127,385
Average Sold Price Per Sq. Ft.: $80.40
Median Sold Price: $128,000
Low Sales Price: $81,500
High Sales Price: $157,000
Average # of Days On Market: 37
# of Sales: 10
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within River Oaks, the market direction appears to be increasing. And, currently, there are only 5 listings in River Oaks from $128,500 up to $176,500. NOTE: The $176,500 listing is irresponsible on the Realtor’s behalf. However, since homes aren’t selling like they did in 2007-2008, the market box is checked as “Stable”.
The Average Sales Price has increased by +$6,593.
Median Sales Price has increased by +$8,500.
Average Sold Price Per Sq. Ft. has decreased by +$2.63/sf.
River Oaks data is used with the permission of the Greater Baton Rouge Board of Realtors
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