http://batonrougerealestateappraisers.com/ – Baton Rouge Real Estate: Vignes Lake Housing Market Trend in 10/2008?
Solds In Vignes Lake Subdivision from 10/02/2006 to 10/02/2007 reveals:
The Average Sales Price: $237,150
The Average Sold Price Per Sq. Ft.: $116.05/sf
The Median Sold Price: $237,500
Low Sales Price: $216,000
High Sales Price: $257,900
Average # of Days On Market: 39 Days On Market
# of Sales: 6
Solds In Vignes Lake Subdivision from 10/02/2007 to 10/02/2008 reveals:
The Average Sales Price: $243,738
The Average Sold Price Per Sq. Ft.: $112.88/sf
The Median Sold Price: $243,550
Low Sales Price: $212,000
High Sales Price: $310,000
Average # of Days On Market: 43 Days On Market
# of Sales: 12
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Vignes Lake, the market direction appears to be increasing. While the average sales price has increased by $6,588 and median has increased by $6,050, the average sold price per sq. ft. has decreased more than $3 dollar or -$3.17/sf.
Vignes Lakes information is used with the permission of the Greater Baton Rouge Board of Realtors.
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