Baton Rouge Real Estate Appraisers Appraisal Study Shows An Increase of 26.5% Pre To Post Hurricane Katrina In Oak Hills Subdivision Located in Baton Rouge, Louisiana
William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Oak Hills Subdivision. Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Oak Hills Subdivision Pre to Post Hurricane Katrina has been $57,148 or 26.5%. The median price has increased $66,100 or 33.23%. The average price per square foot has increased $11.47/sf or 12.19%.
This is the Market Summary from 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA: The average sale price was $215,692. The median sold price was $198,900. The average price per sq. ft. sold was $94.13/sf. The average number of days on the market was 124. The total # of listings were 33. The low sales price was $171,900. The high sales price was $332,000.
This is the Market Summary from 4/1/2006 to 4/24/2007 POST HURRICANE KATRINA: The average sale price was $272,840. The median sold price was $265,000. The average price per sq. ft. sold was $105.60/sf. The average number of days on the market was 49. The total # of listings were 35. The low sales price was $173,987. The high sales price was $500,000.
Data Used With The Permission Of The Greater Baton Rouge Board of Realtors. This data generally excludes REO/Bank Owned or Foreclosure Sales.
William D. Cobb with Accurate Valuations Group has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market. For more information on William D. Cobb and Accurate Valuations Group, visit <a href=http://www.getfastvalue.com/> This article was written with the assistance of R. C. Smith @http://www.1stsourceappraisals.com/