Harding Heights Subdivision: Central Baton Rouge Real Estate Update

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

 

Harding Heights Subdivision: Central Baton Rouge Real Estate Update 2013 by Baton Rouge List Price Home Appraisals

 

 

HARDING HEIGHTS NEIGHBORHOOD DESCRIPTION
Baton Rouge LA population 228K. North BR (70811) generally older part of Town where average sales prices are in $50K to $60K range. Neighborhood lifecycle has progressed from maturity toward decline, especially in very immediate area with several REOs or foreclosures. Location is convenient to local schools, shopping and employment. BTR Airport is a major negative marketing factor. Developed in approximately 1940's with homes from 908sf up to 2,781sf living area.

 

 

HARDING HEIGHTS HOUSING MARKET STATISTICS
Stable Median Sales Price. 6 Month Supply. 2 Competing Listings Isn't An
Oversupply. 92% List-To-Sales Price Ratio. 2011-2013 Harding Heights: 8 Sales, 5 of 8 Sales REOs, Median $40,000, Average Sold Price $38/sf, Average Listing Price To Sales Price Ratio Weak 86%, Average 116 Days On Market. This is an REO Driven Housing Market with 53.3% of competing solds being REOs since 03/22/2010, competing to the home that was appraised.

 

 

 

 

 

 

 

 

 

 

 

Bill Cobb Appraiser Blogs about the Greater Baton Rouge Housing Market.

 

 

 

GBRAR MLS NOTE
Based on info from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2011 to 03/23/2013. This information was extracted on 03/23/2013.

 

Comments (1)

Rosemary Brooks
BMC Real Estate - 209-910-3706 - Stockton, CA
The Mother & Daughter Realty Team

Baton Rouge and a great deal of Louisiana have the older homes, but some of them are in great shape.  Good luck on getting an offer and a smooth closing.

Mar 29, 2013 05:47 PM