Baton Rouge Area 53 2 Year Study Existing Home Sales Over $500,000 As Of March 2012, Homes Over 5 Years Old.
Median Sales Price shows a +2% increase. REO or Foreclosure sales total 4 of 131 total sales or only 3%. For current 1-3 month period, absorption rate is 3.67%, months supply of housing 13.6 months, median comparable sale price $629,000, median comparable sales days on market 68 days, median comparable list price $775,000, median comparable listings days on market 166 days and median sales price as percent of listing price has been 96%.
NOTE: YES, the title page is incorrect. This is for GBRMLS Area 53, not 52.
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NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of March 03, 2010 to March 03, 2012. This information was extracted on 03/03/2012. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Presented by Baton Rouge Housing Reporter, Bill Cobb