Bill Cobb Appraiser recently performed a home appraisal in Madison Oaks Subdivision in Walker and discovered these housing trends.
June 2015 to June 2016 Madison Oaks Home Sales Trends
4 Sales from $159,900 to $225,000
Median Sales Price $166,600
Median Sold Price Per Sq. Ft.:$104/sf
Average Sold Price: $179,525
Average Sold Price Per Sq. Ft.:$106/sf
Homes Sold From $100/sf to $116/sf
Average SP/LP% 100%
Average Days On Market: 94 Days
Average Home In Subdivision Is: 1,682 sq. ft. 3 bedrooms, 2 bathrooms
The “Average SP/LP% 100%” or Listing To Sales Price Ratio means the average home sale sold for 100% of the listing price, no discount.
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 06/01/2015 to 06/02/2016, extracted on 06/02/2016