Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Pecan Creek Subdivision and discovered these housing trends.
May 2015 to May 2016 Pecan Creek Home Sales Trends
5 Sales from $240,000 to $370,000
Median Sales Price $249,900
Median Sold Price Per Sq. Ft.:$109/sf
Average Sold Price: $274,280
Average Sold Price Per Sq. Ft.:$108/sf
Homes Sold From $84/sf to $123/sf
Average SP/LP% 100%
Average Days On Market: 42 Days
Average Home In Subdivision Is: 2,570 sq. ft. 4 bedrooms, 2 bathrooms
The “Average SP/LP% 100%” or Listing To Sales Price Ratio means the average home sale sold for 100% listing price, no discount.
by Bill Cobb Appraiser 225-293-1500
https://www.denhamspringsappraisers.com/
Denham Springs Home Appraisers YouTube Channel
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