There are 10 total Broadmoor area subdivisions within Baton Rouge 70815 comprising 65 are detached single family home sales since 1/1/2017.
MEDIAN SALES PRICE: $176,600
MEDIAN SOLD PRICE PER SQ. FT.: $84
MEDIAN HOME SIZE SOLD: 2,220 SQ. FT.
SOLD FOR 98% OF LISTING PRICES IN 51 DAYS
AVERAGE SELLER PAID CONCESSION OF $2,900 (rounded) AND $1.25/SF WERE DEDUCTED.
Sellers paid buyers to buy these homes in the form of paying buyers closing cost from $0 up to $7,300. When a sales price is reported as $172,900 yet the seller had to pay $6,000 in buyer's closing cost at the closing table, the home actually sold for $166,900 and is overinflated in by $6,000. This is why the average seller paid concession is deducted here because at the closing table, 66% of the time, seller left on average with $2872 less than reported sales prices.
Report by Bill Cobb Appraiser 225.293.1500 BatonRougeAppraisalBlog.Com
Data Source: Greater Baton Rouge Association of REALTORS/MLS from 1/1/17 to 10/10/2017, extracted 10/10/2017