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West Baton Rouge Q3 2007 vs Q3 2010 Housing Trends Study Reveals Improving Market!

http://www.batonrougerealestatetrends.net/ - West Baton Rouge Q3 2007 vs Q3 2010 Housing Trends Study Reveals Improving Market!

Accurate Valuations Group Appraiser, Bill Cobb, has performed a 3 year housing market study on West Baton Rouge Parish Housing in GBR MLS Area 70 from 9/1/2007 to 9/30/2010. Search parameters were ALL Residential Housing (except Manfactured Housing) from $75,000 to $500,000 in ALL age ranges. The charts on this page are the results of the study.

The median sold price is up 2%

The At-A-Glance Results Are Below:

The At-A-Glance Results Are Below:

The median price of for sale properties is down 15% and the median price of sold properties is up 2%

The number of sold properties is down 3%

The number of under contract properties is up 42%

The number of new properties is up 26%

The number of for sale properties is up 25%

The number of expired properties is up 44%

The number of for sale properties is up 25% and the number of sold properties is down 3%

The average days on market is down 25%

The Results With Charts Illustrating Results Are Below:

And, the West Baton Rouge Parish Residential Building Permits Through September Show An Active Market For This Smaller Market!

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of Sept 1, 2007 to Sept 30, 2010. This information was extracted on 10/26/2010.

Posted Wednesday Oct 27