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Walker Louisiana Real Estate News: Housing Market Trend For The Lakes At Fennwood Subdivision?
http://denhamspringsappraisers.com/  - Walker Louisiana Real Estate News: Housing Market Trend For The Lakes At Fennwood Subdivision?

SOLDS In The Lakes At Fennwood Subdivision from 01/01/2007 to 12/31/2007 revealed:  Average Sales Price: $198,989Average Sold Price Per Sq. Ft.: $109.04Median Sold Price: $194,300Low Sales Price: $180,000High Sales Price: $224,000Average # of Days On Market: 32, # of Sales: 12
SOLDS In The Lakes At Fennwood Subdivision from 01/01/2008 to 02/19/2009 reveals:  Average Sales Price: $196,600Average Sold Price Per Sq. Ft.: $112.60Median Sold Price: $190,000Low Sales Price: $182,000High Sales Price: $218,000Average # of Days On Market: 61,  # of Sales: 5
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within The Lakes At Fennwood Subdivision, the market direction appears to be declining slightly.   The Average Sales Price has declined -$2,389 or -1.20%.  Median Sales Price has declined -$4,300 or -2.21%.   Average Sold Price Per Sq. Ft. has increased +$3.56/sf or +3.26%.
Lakes at Fennwood data is presented with the permission of the Greater Baton Rouge Board of Realtors.
 
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 ... more

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