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How Many Homes Are On The Market In Denham Spring's South Point Subdivision?

How Many Homes Are On The Market In South Point Subdivision?

Well, according to the Greater Baton Rouge Board of Realtors, there are 38 homes on the market. There are 30 active MLS listings, 1 contingent listing (contingent means the home is under contract but the buyer must sell their own home before they can buy this home) and 7 pending listings (homes under contract for purchase). The average days on the market for all pending homes is 72 days or just under 3 months.

The Average Listing Price: $164,471 or $92.50/sf
The Average Pending Listing Price $150,000 or $96.17/sf
The Median Listing Price: $165,000
Low Listing Price: $128,000
High Listing Price: $244,000

On the http://www.fsbobr.com/ site, there are 6 South Point home listed, from $130,000 up to $189,000.

So, there are approx. 44 homes for sale in South Point S/D, which is approx. 16% of the homes in the entire subdivision. MLS only notes 1 REO or foreclosure listing for $160,000 on 23862 Waterford Ct, which is priced almost at market pricing (not discounted to the market to get this home sold).

Accurate Valuations Group Appraiser, William D. Cobb, has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market. For more information on Accurate Valuations Home Appraisal Group, visit Denham Springs Home Appraisals.

Posted Sunday Apr 27