Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Plantation Estates Subdivision and discovered these housing trends.
June 2015 to July 2016 Plantation Estates Home Sales Trends
11 Sales from $216,000 to $370,000
Median Sales Price $233,000
Average Sold Price: $251,945
Median Sold Price Per Sq. Ft.: $100/sf
Average Sold Price Per Sq. Ft.: $102/sf
Homes Sold From $76/sf to $119/sf
Average SP/LP% 98%
Average Days On Market: 45 Days
Average Home In Subdivision Is: 2,540 sq. ft. 3 bedrooms, 2 bathrooms
The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home sale sold for 2% less than listing price.
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 06/01/2015 to 07/27/2016, extracted on 07/27/2016.