Richmond Place Subdivision Denham Springs Louisiana Home Sales Update 2016

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Richmond Place Subdivision and discovered these housing trends.

Richmond Place Denham Springs Subdivision Watson 70706

 

May 2015 to May 2016 Richmond Place Home Sales Trends
24 Sales from $108,661 to $193,900
Median Sales Price: $157,250
Median Sold Price Per Sq. Ft.: $91/sf
Average Sold Price: $155,978
Average Sold Price Per Sq. Ft.: $89/sf
Homes Sold From $69/sf to $104/sf
Average SP/LP% 97%
Average Days On Market: 80 Days
Average Home In Subdivision Is: 1,767 sq. ft. 3 bedrooms, 2 bathrooms

The “Average SP/LP% 97%” or Listing To Sales Price Ratio means the average home sale sold for 3% less than listing price.

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by Bill Cobb Appraiser 225-293-1500
http://www.denhamspringsappraisers.com/

Home Appraisers In Denham Springs Walker Watson 225-293-1500

Denham Springs Home Appraisers YouTube Channel

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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 05/26/2016, extracted on 05/26/2016

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