Denham Springs 70726 Home Prices 5-Year Charts
NOTE: These charts below are interactive and should update over time. You should be able to hover over each chart from left to right and see data points. What this means is just because these are beling published in November 11, 2019, if you see these same charts in June 2019, the charts should be up to date. Chart source is GBRAR REALTORS/MLS or Greater Baton Rouge Association of REALTORS MLS.
MEDIAN SALES PRICE: $184,3485-Year Single Family Detached Homes Median Sales Price Per Square Foot Chart, January 1, 2014 to November 11, 2019. Median Sales Price in January 2014 was $154,000 and $184,348 in November 2019, an increase of $30,348 or +19.7 percent. This chart represents a 12 month rolling average.
MEDIAN PRICE PER SQFT: $110Zip Code 70726 5-Year Single Family Detached Homes Median Sales Price Per Square Foot Chart, January 1, 2014 to November 11, 2019. Median Sales Price in January 2014 was $96 and $110 in November 2019, an increase of $14 per sqft and +14.6 percent. This chart represents a 12 month rolling average.
MEDIAN DAYS ON MARKET: 28 Days5-Year Single Family Detached Homes Days On Market Chart, January 1, 2014 to November 11, 2019, or DOM. DOM in January 2014 was 53 and 28 in November 2019, a decrease of 25 days and -47 percent. This chart represents a 12 month rolling average.
MEDIAN PERCENT OF LAST LISTING PRICE: 100 PercentNOTE: This is because sellers are paying HEFTY seller paid concessions of $5,000 to $9,000 of buyer’s closing cost and pre-paids closing expenses. In my opinion, this is not healthy. If you combine very low down payment to nothing down type Federal loan programs with sellers paying $5,000 to $9,000 of buyer’s closing cost, this is why we’re seeing an UPTICK of pre-foreclosure and foreclosures in this market. Buyers don’t have that much invested, little skin in the game so to speak. This chart represents a 12 month rolling average.
MONTHS SUPPLY OF HOMES FOR SALE: 3.9 Months5.9 months supply in January 2014 versus 3.9 in November 2019, is a significant improvement. This chart represents a 12 month rolling average.
MEDIAN AGENT SHOWINGS TO UNDER CONTRACT OR PENDING: 9 SHOWINGS1-Year Chart and 12.5 percent increase
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