The home sales trends within Magnolia Bend Subdivision in Central are listed below as a result of research for a 2016 home appraisal.
January 2015 to June 2016 Magnolia Bend Home Sales Trends
7 Sales from $190,000 to $315,000
Median Sales Price $246,900
Median Sold Price Per Sq. Ft.: $112/sf
Average Sold Price: $249,085
Average Sold Price Per Sq. Ft.: $109/sf
Homes Sold From $76/sf to $127/sf
Average SP/LP% 98%
Average Days On Market: 100 Days
Average Home Is 3 Bedrooms, 2 Baths, 2,339sf
The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home sale sold for 2% less than listing price.
Report by Bill Cobb Baton Rouge’s Home Appraiser
Baton Rouge Appraisers Dot Com
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2015 to 06/30/2016, extracted on 06/30/2016.