Home sales trends within Lake Beau Pre’ Homes Subdivision near LSU in Baton Rouge are listed below as a result of research for a 2017 appraisal.
2017 Lake Beau Pre’ Home Sales Trends
While median prices are below, average prices are noted on the color chart below
Seventeen Sales from $185,900 to $214,900
Median Sales Price $197,000
Median Sold Price Per Sq. Ft.: $140/sf
Average Sold Price: $198,688
Average Sold Price Per Sq. Ft.: $138/sf
Homes Sold From $127/sf to $149/sf
Median SP/LP% 100%
Median Days On Market: 9 Days
Average Home Sold Is 3 Bedrooms, 2 Baths, 1,421sf
The “Median SP/LP% 100%” or Listing To Sales Price Ratio means the average home sale sold for full listing price.
In an appraisal this week, although median sales prices were some in 2017, I chose not to state sales prices were UP because “Median Comparable Listing Price is not increasing, days on market is increasing, months supply is up from 1.57 to 7% AND Listing To Sales Price Ratio is weakening to 96% from 99%.
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Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 10/01/2016 to 01/10/2018, extracted on 01/10/2018.