Bill Cobb Appraiser has released a Livingston Trace Subdivision Denham Springs Home Sales Update 2016-2017, Prices Increasing. Prices broke through $200,000. Of the competing area subdvisions like South Point, Westminster Estates and Woodland Crossing, home prices are highest in Livingston Trace!
However, there’s been 18 EIGHTEEN SALES in the past year…why? Why are so many buyers moving out?
Richmond Place Home Sales Trends from 04/01/2016 to 04/15/2017
18 Sales from $150,000 to $216,500
Median Sales Price $186,000
Median Sold Price Per Sq. Ft.: $101 per sq. ft.
Average Sold Price: $183,566
Average Sold Price Per Sq. Ft.: $99 per sq. ft.
Homes Sold From $82/sf to $107/sf
Average SP/LP% 98%
Median SP/LP% 100%
Median Days On Market: 7 Days
Average Home Is 3 Bedrooms, 2 Baths, 1,863sf
The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home sold for 2% less than listing price.
Update provided by Greater Baton Rouge Home Appraiser Bill Cobb 225-293-1500
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2016 to 04/15/2017, extracted on 04/15/2017.