FHA Appraisers Baton Rouge Old Jefferson Subdivision Report 12/2008

http://fhaappraisersbatonrouge.com/ - FHA Appraisers Baton Rouge Old Jefferson Subdivision Report 12/2008

Solds In Old Jefferson Subdivision from 01/07/2007 to 12/31/2007 revealed:
Average Sales Price: $145,150
Average Sold Price Per Sq. Ft.: $92.81
Median Sold Price: $147,000
Low Sales Price: $127,000
High Sales Price: $159,900
Average # of Days On Market: 58
# of Sales: 38
Excludes Any REO Sales

Solds In Old Jefferson Subdivision from 01/01/2008 to 12/18/2008 reveals:
The Average Sales Price: $155,636
The Average Sold Price Per Sq. Ft.: $92.44/sf
The Median Sold Price: $154,900
Low Sales Price: $129,900
High Sales Price: $199,500
Average # of Days On Market: 41 Days On Market
# of Sales: 19
Excludes Any REO Sales
Listing Price To Sales Price Ratio Has Been: 99.80%

Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Old Jefferson Subdivision, the market direction appears to be increasing from $147,000 in 2007 to $154,900 in 2008. Also, the average sales price has increased by +$10,486 and average sold price per sq. ft. -$0.37/sf.

Old Jefferson Subdivision data presented with the permission of the GBRAR.

Author's Bio:

Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 16 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill's company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:

Office: 225-293-1500

Fax: 1-866-663-6065

fastvalue2@cox.net

http://www.batonrougehomeappraisals.com