Home sales trends in City of Central’s Indian Mound Subdivision.
It’s new construction pushing Indian Mound home sales price upward, not so much the older homes within.
2015 Indian Mound Subdivision Home Sales Trends
Eleven Sales from $158,500 to $232,000
Median Sales Price $182,000
Average Sold Price Per Sq. Ft.: $113/sf
Average Sales Price: $188,109
Homes Sold From $74/sf to $139/sf
Average SP/LP% 98%
Average Days On Market: 134 Days (Much Longer Than Average For Central)
Average Home Size: 1,735sf
The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home sale sold for 2% less than listing price.
by Bill Cobb Appraiser 225-293-1500
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2015 to 02/04/2016, extracted on 02/04/2016