This is a Baton Rouge Housing Market Study of Zip Code 70810 from 2014 versus 2015 YTD, from $0 to $500,000 in order to eliminate any $1,000,000 high dollar sales and the Pennington $6,000,000 sale within these neighborhood boundaries. While I stated above a 5 percent increase, median sales price was up 6.6%, average sales price was up 5.3% and average sold price per sq. ft. was up 3.4%. When rounded, this is closest to a 5% increase.
Median Sales Price: + $15,950 or + +6.6%
$243,000 in 2014 vs. $258,950 in 2015
Average Sales Price: + $12,975 or +5.3%
$246,280 in 2014 vs. $259,255 in 2015
Average Sales Price Per Sq. Ft.: + $4/sf or +3.4%
$116/sf in 2014 vs. $120/sf in 2015
Lowest Sales Price Per Sq. Ft.: + $22/sf or +122%
$18/sf in 2014 vs. $40/sf in 2015
Highest Sales Price Per Sq. Ft.: + $7/sf or +3.3%
$213/sf in 2014 vs. $220/sf in 2015
Average Days On Market: + 25 days
59 vs. 84, so it took 25 days longer on market to sell a home
However, median days on market in 2015 was 55 days
Average Listing To Sales Price Ratio: Unchanged at 97%
This means homes generally sold 3% less that listing price
Average Size Home: 2061sf in 2014 vs. 2,126sf in 2015
Baton Rouge Home Appraiser Website:
http://www.batonrougeappraisers.com
Baton Rouge Appraiser Consumer Education Youtube Channel:
https://www.youtube.com/user/batonrougeappraiser/videos
Baton Rouge Louisiana Real Estate Updates:
http://www.scoop.it/t/baton-rouge-real-estate-news
Baton Rouge Louisiana Real Estate Youtube Channel Video Updates:
https://www.youtube.com/user/BatonRgeHousingRepts/videos
Baton Rouge Homes Subdivisions YouTube Channel:
https://www.youtube.com/user/BatonRgeSubdivisions/videos
Baton Rouge Louisiana Real Estate Twitter Upates:
https://twitter.com/brappraiser
Baton Rouge Louisiana Real Estate Pinterest Photos
https://www.pinterest.com/billdcobb/baton-rouge-real-estate/
GREATER BATON ROUGE REAL ESTATE DATA NOTE:
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2014 to 12/31/2014 versus 01/01/2015 to 12/03/2015, extracted on 12/03/2015.
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