Baton Rouge Real Estate News Fairhill At Bluebonnet 2011 Update.
Median Sales Price Stable @ $270,000 for 2010 & 2011
Average Sold Price Sq. Ft. Declined From $132 in 2010 to $126 in 2011
Overview — There Is A Correction Taking Place!
Median Sales Price is Stable!
Avg Sold Price Per Sq. Ft. Is Declining!
Days On Market Is Increasing
Newer homes are taking MUCH longer to sell, ie., 733, 416, 134, 438, 24 & 264 Days.
Some new homes sold from 2008-2010 are not appraising for what they sold for then.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®MLS for the period of 01/01/2005 to 11/08/2011. This information was extracted on 11/08/2011.