Within Greater Baton Rouge from January 2018 to May 11 2018, there’s been 3,197 sales within East Baton Rouge, West Baton Rouge, Ascension and Livingston Parishes. Home types included were detached single family and attached units (condos and townhomes).
Median Sold Price In 2018 YTD: $196,000
Median Sold Price Per Sq Ft in 2018 YTD: $117
Average Sold Price In 2018 YTD: $221,236
Median Sold Price Per Sq Ft in 2018 YTD: $115
Low Sales Price: $10
High Sales Price: $1,600,000
High Sold Price Per Sq Ft: $304
Homes sold between 97 to 99 percent of sales prices, average 98 percent.
Median days on market: 38 days
Average days on market: 68 days
The average home sold for $196,000 or $221,236 was 1,718 sq ft with 3 bedrooms and 2 bathrooms.
NOTE: These numbers are exaggerated by at least $2,718 or the average seller paid concession paid for buyer’s closing cost. When Appraisers use sales with seller paid concessions, they deduct those concessions. For example, in a $200,000 sale where a seller pays $5,700 in buyer’s closing cost, the home actually sells for $194,300 as seller did not pocket $200,000 at the closing table. When deducting the average concession of $2718, the Median Sales Price noted above is actually $193,282. When deducting the average concession of $2718, the Average Sales Price noted above is actually $218,518.
During this buyer’s season, I’m performing a high volume of Pre-Listing appraisals for both area Agents and For Sale By Owner sellers
Greater Baton Rouge Pre-Listing Home Appraisals
Greater Baton Rouge Real Estate Data Note:
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2018 to 05/11/2018, extracted on 05/11/2018