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Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

By
Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851

http://www.batonrougerealestateappraisal.com/ - Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends

 

Solds In Millbrook Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $229,300 ($254,000 in 2009)
Average Sold Price Per Sq. Ft.: $125.23/sf  ($120.97/sf in 2009)
Median Sold Price: $235,000  ($254,000 in 2009)
Number of Sales: 3  (2 in 2009)
Average Number of Days On Market: 109 (100 in 2009)
Low To High: $215,000 to $238,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 1, 0 Are Foreclosures
Current Listings Price: $226,000 or $128/sf  (Notice this listing is generally priced $7/sf above 2010 support in Millbrook)

For the numbers above, one must keep in mind the sizes of the homes sold.  In 2009, there were 2 homes sold averaging 2,103sf living area size.  The 3 2010 solds averaged 1,831sf, 272sf smaller than the 2009 solds.  Thus, it would make sense for the 2009 median sales price to be higher.  

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to December 31, 2010.  This information was extracted on 1/1/2011.  YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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