Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Hidden ridge Subdivision in Walker Louisiana and discovered these housing trends.
June 2015 to June 3, 2016 Hidden Ridge Home Sales Trends
Six Sales from $147,500 to $175,000
Median Sales Price $155,500
Average Sold Price: $158,066
Median Sold Price Per Sq. Ft.: $108/sf
Average Sold Price Per Sq. Ft.: $109/sf
Homes Sold From $97/sf to $115/sf
Average SP/LP%: 98%
Average Days On Market: 65 Days
Average Home In Subdivision Is: 1,488 sq. ft. 3 bedrooms, 2 bathrooms
The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home sale sold for 2% less than listing price.
by Bill Cobb Appraiser 225-293-1500
https://www.denhamspringsappraisers.com/
Denham Springs Home Appraisers YouTube Channel
Greater Baton Rouge Real Estate Data Note:
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 06/01/2015 to 06/03/2016, extracted on 06/03/2016