Baker Louisiana FHA Appraisers Issues Baker Hills Study
Solds From Baker Hills Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $110,133
Average Sold Price Per Sq. Ft.: $76.49
Median Sold Price: $114,000
Low Sales Price: $79,000
High Sales Price: $142,900
Average # of Days On Market: 42
# of Sales: 12
Solds From Baker Hills Subdivision from 01/01/2008 to Present reveals:
Average Sales Price: $99,730
Average Sold Price Per Sq. Ft.: $72.49
Median Sold Price: $99,500
Low Sales Price: $52,000
High Sales Price: $145,000
Average # of Days On Market: 38
# of Sales: 10
REO Sales Were Not Excluded. Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Baker Hills Subdivision, the market direction is declining.
The Average Sales Price has decreased by -$10,403.
Median Sales Price has decreased by -$14,500.
Average Sold Price Per Sq. Ft. has decreased by -$4.00/sf.
Author's Bio:
Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill's company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
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