Baton Rouge's University Club Plantation Luxury Home Average Sold Price Per Sq. Ft.?
University Club Plantation Average Sold Price Per Sq. Ft.
University Club Plantation Subdivision in Baton Rouge's Zip Code 70810 is expanding into a new filing with lots going fast. The University Club Plantation median sales prices have fluctuated since 2011 from $587,000, $612,500, $600,000 to a lower $543,000 into 2014 based on 9 sales. I have no explanation as to why the correction into 2014 as the over $500,000 luxury market within Baton Rouge is generally the most stable. I mean, look at the chart in 2011 when nationally the United States was in a free fall, meltdown financially and in home prices and there were approx. 28 sales in the $587,000 range, signals major strength in that price range.
2014 University Club Plantation Home Sales
NOTE: These numbers below are only based on 9 total 2014 sales AND it's possible that not all of the March sales have been reported yet within GBRMLS. This is only a snapshot of almost the first quarter of home sales. YES, the chart does show a decline in both median sales price and price per sq. ft. and I will be monitoring this situation and updating on this 2014 trend.
Home sizes ranged from 2,255sf to 5,984sf and sales prices ranged from $335,000 to $735,000 or $110/sf to $182/sf. I do know that 3136 Pleasant Point Blvd sold for $735,000 or $124/sf and was a third-party foreclosure.
ALSO, I was also surprised to see the number of For Sale Signs in yards, there appeared to be more than average number of homes for sale in UCP, but perhaps not.
Sold prices per sq. ft. have been:
$110/sf
$124/sf
$139/sf
$156/sf
$161/sf
$166/sf
$169/sf
$177/sf
$182/sf
University Club Plantation Baton Rouge Home Prices 2011-2014 YTD
GREATER BATON ROUGE REAL ESTATE DATA SOURCE:
Based on information from the Greater Baton Rouge Association of REALTORS / MLS for the period 01/02/2011 to 04/04/2014, extracted on 04/04/2014.
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