Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Crestwood Subdivision and discovered these housing trends.
May 2015 to May 2016 Home Sales Trends 15 Sales from $105,000 to $146,000
Median Sales Price $137,500
Median Sold Price Per Sq. Ft.:$110/sf
Average Sold Price: $133,653
Average Sold Price Per Sq. Ft.:$109/sf
Homes Sold From $83/sf to $119/sf
Average SP/LP% 98%
Average Days On Market: 52 Days
Average Home In Subdivision Is: 1,233 sq. ft. 3 bedrooms, 2 bathrooms
The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home sold for 2% less than listing price.
by Bill Cobb Appraiser 225-293-1500
https://www.denhamspringsappraisers.com/
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Greater Baton Rouge Real Estate Data Note:
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 05/01/2015 to 05/21/2016, extracted on 05/21/2016.