Home Sales Over $475,000 By Subdivision Within Greater Baton Rouge In 2015
I’ve maintained the opinion and experience of 2015 Baton Rouge Real Estates market expressing a “Sticker Shock” surprise in sales prices and buyers willingness to pay even higher prices in Greater Baton Rouge, which shows favor for our great City. The wealth effect raises the tide and boats so to speak creating jobs and opportunity. Greater Baton Rouge’s economy is better for risk takers, those making it happen and making life better in Baton Rouge.
The KeyFinders Team Facebook ad above is right, the market is changing in Greater Baton Rouge – becoming more expensive, ie., that Sticker Shock I was describing! There’s one current listing in Goodwood for an insane $325/sf. Since 01/01/2015, there’s been 428 luxury home sales $475,000 to $6,000,000. Low sales price per sq. ft. was $45/sf to a high of $455/sf, averaging $182/sf. Luxury home sold from 1 to 1,180 days on the market, averaging 152 days. Executive homes sold from 50% of listing price to 120%, averaging 96%. It appears Bocage market is showing some weakness selling at 88% to 89% of listing prices. Average size luxury home sold was 3,853 sq. ft..
The most sales took place NOT in subdivisions but rather on Rural Tracts, 43 sales. University Club Plantation experienced the second most sales at 40 sales. Country Club of Louisiana was third with 26 sales. The Settlement At Willow Grove was fourth with 22 sales and Santa Maria and Lexington Estates tied for fifth with 20 sales each.
HOW THE TABLE OF SALES BELOW CAN HELP YOU NOT PAY TOO MUCH!
Examine the “Avg SP/LP” which shows the sold price percent below the listing price. When you see 89% in Bocage, know there is a lot of room for negotiation and offers for tens of thousands below listing price. Same with Estates At Myrtle Hill Subdivision. Conversely, you’ll pay closer to list price in the hotter University Club Plantation.
*Med Sold $ stands for Median Sales Price
*Avg $/Sqft stands for Average Sold Price Per Square Foot
*Avg SP/LP stands for Average Sales Prices To Listing Price Ratio or the discount off listing price
*Avg DOM stands for Average Days On Market
*Total # stands for Total Number Of Luxury Home Sales over $475,000 in 2015
Subdivision Name | City | Med Sold $ | Avg $/Sqft | Avg SP/LP | Avg DOM | Total # |
Subdivision | City | Med Sold $ | Avg $/Sqft | Avg SP/LP | Avg DOM | Total # |
AUDUBON PLACE | BR | $780,000 | $280 | 95 | 23 | 1 |
AUDUBON SQUARE | BR | $482,053 | $187 | 100 | 8 | 1 |
BEAUMONT LANE | BR | $775,000 | $191 | 91 | 301 | 1 |
BELLE GROVE | PRAIRIEV | $765,000 | $146 | 100 | 90 | 1 |
BELLE POINTE | BR | $950,000 | $289 | 99 | 69 | 1 |
BELMONT ESTATES | ST FRANC | $511,000 | $253 | 97 | 49 | 1 |
BELMONT PLANTATION | ST FRANC | $503,000 | $176 | 97 | 212 | 1 |
BIENVENUE | BR | $750,000 | $183 | 100 | 5 | 1 |
BLUEBONNET RETREAT | BR | $695,000 | $191 | 95 | 9 | 1 |
BOCAGE ESTATES | BR | $1,045,000 | $231 | 89 | 81 | 2 |
BOCAGE LAKE | BR | $1,625,000 | $284 | 89 | 88 | 1 |
BOCAGE SUBD | BR | $825,000 | $209 | 88 | 172 | 3 |
BRIARLAKE ESTATES | BR | $605,000 | $182 | 98 | 142 | 1 |
BRIARWOOD ESTATES | BR | $496,500 | $142 | 97 | 41 | 1 |
BURDEN ESTATES | BR | $480,000 | $102 | 83 | 112 | 1 |
CARRIAGEWOOD ESTATES | BR | $617,500 | $157 | 97 | 118 | 2 |
CASA COLINA | BR | $577,000 | $194 | 100 | 386 | 1 |
CENTURION PLACE | BR | $475,000 | $102 | 92 | 62 | 1 |
CHATEAU JON | DNHM SP | $550,000 | $124 | 94 | 186 | 1 |
CLOVERDALE | BR | $677,450 | $197 | 99 | 46 | 2 |
COMITE HILLS | CENTRAL | $565,000 | $96 | 94 | 232 | 1 |
COPPER MILL | ZACHARY | $540,000 | $158 | 96 | 120 | 9 |
COUNTRY CLUB OF LA | BR | $853,750 | $228 | 93 | 201 | 26 |
COUNTRY CLUB WEST | BR | $496,000 | $159 | 97 | 71 | 1 |
CRESCENT AT UNIV LAKE | BR | $529,500 | $244 | 92 | 260 | 6 |
THE COVE | BR | $555,000 | $188 | 64 | 64 | 2 |
EAST MEADOW | ZACHARY | $492,000 | $162 | 99 | 121 | 1 |
EAST SIDE ADDITION | LVNGSTN | $482,000 | $120 | 97 | 94 | 1 |
ESTATES AT MYRTLE HILL | BR | $745,000 | $141 | 89 | 95 | 2 |
FELICITY | BR | $182,650 | $114 | 95 | 118 | 1 |
FIVE OAKS ESTATES | BR | $520,000 | $153 | 93 | 150 | 5 |
FLOYD PLACE | BR | $692,982 | $213 | 100 | 1 | 1 |
FOUNTAIN HILL | PRAIRIEV | $587,500 | $138 | 96 | 87 | 2 |
GALVEZ FARMS | PRAIRIEV | $580,000 | $168 | 97 | 219 | 1 |
GLENMORE PLACE | BR | $730,550 | $226 | 104 | 34 | 1 |
GLENWOOD | BR | $629,000 | $112 | 97 | 363 | 1 |
GONZALES | GNZALES | $500,000 | $95 | 97 | 209 | 1 |
GOODWOOD ESTATES | BR | $715,000 | $138 | 93 | 314 | 3 |
GOODWOOD PLACE | BR | $640,000 | $159 | 91 | 81 | 3 |
GREEN TRAILS SHENAND. | BR | $589,351 | $136 | 100 | 279 | 2 |
GREYSTONE SUBD | DNHM SP | $495,000 | $146 | 99 | 196 | 3 |
HARRELLS FERRY LANDING | DNHM SP | $721,950 | $169 | 99 | 138 | 2 |
HERITAGE ESTATES | BR | $545,000 | $163 | 98 | 132 | 3 |
HIDDEN LAKE | BR | $932,500 | $238 | 94 | 161 | 2 |
HIDDEN OAK | BR | $536,250 | $145 | 97 | 280 | 2 |
HIGHLAND ROAD ESTATES | BR | $1,062,500 | $237 | 94 | 149 | 1 |
HIGHLAND SHADOWS | BR | $1,525,000 | $299 | 96 | 120 | 1 |
HIGHLAND TRACE | BR | $562,000 | $158 | 100 | 19 | 2 |
THE HILL | BR | $545,000 | $145 | 97 | 8 | 1 |
HILLSDALE | BR | $648,000 | $174 | 94 | 417 | 1 |
HUNDRED OAKS ADDN | BR | $563,168 | $207 | 105 | 221 | 1 |
HUNDRED OAKS PARK | BR | $480,000 | $198 | 100 | 59 | 1 |
IDLE OAKS | BR | $489,000 | $195 | 100 | 44 | 1 |
INNISWOLD ESTATES | BR | $850,000 | $206 | 96 | 13 | 2 |
JEFFERSON PLACE | BR | $767,876 | $183 | 93 | 155 | 9 |
KENSINGTON ESTATES | BR | $518,500 | $151 | 95 | 131 | 4 |
KLEINERT TERRACE | BR | $620,000 | $166 | 97 | 102 | 3 |
KNOX HILL | BR | $537,700 | $167 | 95 | 165 | 3 |
LAFITTE HILL | BR | $650,000 | $167 | 100 | 61 | 1 |
THE LAKE AT TWIN OAKS | GEISMAR | $546,375 | $162 | 99 | 29 | 2 |
LAKECREST | BR | $530,000 | $188 | 95 | 171 | 3 |
LAKE ESTATES OAK HILLS | BR | $831,000 | $212 | 92 | 108 | 2 |
LAKES AT ASCENSION XING | PRAIRIEV | $485,000 | $128 | 97 | 63 | 1 |
THE LAKES AT ASCENSION | PRAIRIEV | $550,000 | $133 | 96 | 162 | 1 |
THE LAKES AT HIGHLAND | BR | $633,000 | $169 | 97 | 130 | 4 |
LAKESIDE | BR | $490,000 | $131 | 96 | 146 | 3 |
LAKESIDE OAKS | BR | $545,000 | $172 | 100 | 70 | 1 |
LAKEVIEW ESTATES | BR | $960,000 | $312 | 71 | 55 | 1 |
LASALLE PARC | BR | $890,000 | $185 | 99 | 4 | 1 |
LASALLE POINTE | PRAIRIEV | $810,688 | $218 | 101 | 1 | 2 |
LAUREL ESTATES | BR | $600,000 | $146 | 95 | 85 | 1 |
LAUREL HILL | BR | $565,000 | $141 | 98 | 88 | 1 |
LAUREL LAKES ESTATES | BR | $790,000 | $187 | 95 | 14 | 1 |
LEHAVRE TOWNHM | BR | $522,500 | $198 | 87 | 58 | 1 |
LEXINGTON ESTATES | BR | $542,500 | $171 | 97 | 137 | 20 |
LIVE OAK ESTATES | BR | $750,000 | $166 | 92 | 433 | 3 |
LOBDELL ACRES | BR | $535,000 | $159 | 98 | 53 | 1 |
LOBDELL PLACE | BR | $800,000 | $168 | 89 | 65 | 1 |
LONG FARM | BR | $510,599 | $176 | 95 | 320 | 2 |
LOOSEMORE VALLEY | GNZALES | $668,500 | $107 | 92 | 86 | 1 |
MAGNOLIA WOODS | BR | $557,500 | $211 | 97 | 55 | 1 |
MALLARD LAKES | BR | $1,338,500 | $122 | 89 | 390 | 2 |
MANCHAC ESTATES | PRAIRIEV | $530,000 | $137 | 99 | 96 | 1 |
MANCHAC PLANTATION | PRAIRIEV | $514,000 | $164 | 97 | 187 | 1 |
MCCALL PLACE | BR | $479,900 | $186 | 100 | 67 | 1 |
MEADOW LEA | BR | $547,000 | $144 | 96 | 327 | 1 |
THE MEADOWS | BR | $740,000 | $165 | 98 | 38 | 2 |
MOSS SIDE PLANTATION | BR | $949,900 | $210 | 100 | 36 | 1 |
THE MYRTLES | BR | $1,000,000 | $234 | 92 | 80 | 1 |
OAK GROVE ESTATES | PRAIRIEV | $522,500 | $134 | 93 | 289 | 2 |
OAK GROVE ESTATES | ZACHARY | $900,000 | $246 | 95 | 81 | 1 |
OAK HILLS PLACE | BR | $571,950 | $157 | 97 | 49 | 2 |
OAKS ON THE BLUFF | PRAIRIEV | $507,250 | $136 | 91 | 144 | 2 |
OLD DEERFIELD COLONY | BR | $489,000 | $141 | 100 | 129 | 1 |
OLD NORMANDIE | BR | $625,000 | $196 | 98 | 70 | 2 |
PELICAN POINT | GNZALES | $670,000 | $162 | 96 | 14 | 1 |
PERKINS LANE | BR | $669,000 | $237 | 100 | 282 | 1 |
PLAINSLAND ESTATES | ZACHARY | $670,000 | $114 | 89 | 662 | 1 |
POLLARD ESTATES | BR | $620,000 | $202 | 92 | 142 | 1 |
THE POND ON HARTS MILL | BR | $823,000 | $204 | 97 | 133 | 1 |
PRESERVE AT HARVESTON | BR | $507,651 | $185 | 100 | 145 | 9 |
PROVIDENCE SUBD | BR | $727,000 | $205 | 98 | 15 | 1 |
PROVINCE AT MOSS SIDE | BR | $810,000 | $199 | 97 | 169 | 3 |
RENAISSANCE | PRAIRIEV | $557,000 | $176 | 97 | 107 | 1 |
RIVER HIGHLANDS | STAMANT | $549,000 | $196 | 98 | 27 | 1 |
RIVERBEND | BR | $485,000 | $173 | 97 | 64 | 1 |
ROUZAN TND | BR | $509,000 | $219 | 98 | 127 | 5 |
RUELLE DE GRACE | BR | $507,555 | $200 | 110 | 85 | 1 |
RURAL TRACT (NO SUBD) | VARIOUS | $565,000 | $199 | 95 | 228 | 43 |
SANTA MARIA | BR | $598,347 | $168 | 97 | 192 | 20 |
SETTLEMENT WILLOW GRV | BR | $768,742 | $228 | 99 | 125 | 22 |
SHADOWS LAKE | BR | $515,000 | $134 | 95 | 84 | 3 |
SHADY HOLLOW | BR | $855,000 | $193 | 97 | 27 | 2 |
SHENANDOAH TRAILS | BR | $503,500 | $158 | 95 | 1035 | 1 |
SOMERSETT | BR | $508,000 | $170 | 92 | 14 | 1 |
SOUTHDOWNS | BR | $592,000 | $187 | 96 | 184 | 5 |
SPANISH OAKS | PRAIRIEV | $539,000 | $164 | 96 | 47 | 2 |
ST ANDREWS | PRAIRIEV | $992,500 | $218 | 98 | 99 | 2 |
STANFORD PLACE | BR | $550,000 | $211 | 97 | 8 | 1 |
STEELE PLACE | BR | $738,750 | $183 | 97 | 172 | 4 |
STONE BRIDGE | DNHM SP | $675,000 | $125 | 96 | 3 | 1 |
TALL OAKS | BR | $512,000 | $89 | 91 | 101 | 1 |
UNIVERSITY CLUB PLANT. | BR | $595,500 | $177 | 98 | 118 | 40 |
UNIVERSITY GARDENS | BR | $584,900 | $228 | 96 | 62 | 3 |
WALDEN | BR | $570,000 | $133 | 95 | 132 | 3 |
VERANDA AT U.C.P. | BR | $483,000 | $181 | 99 | 5 | 1 |
WALNUT HILLS | BR | $550,000 | $152 | 93 | 111 | 3 |
WESTDALE HEIGHTS | BR | $620,000 | $176 | 99 | 65 | 3 |
WESTMORELAND PLACE | BR | $479,900 | $146 | 100 | 183 | 1 |
WHITE OAK ESTATES | BR | $489,900 | $142 | 100 | 26 | 1 |
WHITE OAK LANDING | BR | $526,000 | $155 | 94 | 64 | 2 |
WOODCHASE | BR | $742,500 | $182 | 100 | 27 | 2 |
WOODGATE | BR | $537,500 | $148 | 95 | 70 | 4 |
WOODLAKE BLUEBONNET | BR | $485,000 | $150 | 98 | 91 | 1 |
WOODRIDGE SUBD | BR | $565,500 | $155 | 95 | 83 | 4 |
WOODSTONE ESTATES | BR | $532,500 | $151 | 98 | 62 | 4 |
Greater Baton Rouge Home Sales Data Source:
Based on information from Greater Baton Rouge Association of REALTORS \ MLS for period 01/01/2015 to 01/22/2016, extracted on 01/22/2016.