Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Meadow Wood Park Subdivision and discovered these housing trends.
June 2015 to June 2016 Meadow Wood Park Home Sales Trends
13 Sales from $154,500 to $180,000
Median Sales Price $164,900
Median Sold Price Per Sq. Ft.:$112/sf
Average Sold Price: $166,623
Average Sold Price Per Sq. Ft.:$113/sf
Homes Sold From $104/sf to $125/sf
Average SP/LP% 99%
Average Days On Market: 78 Days
Average Home In Subdivision Is: 1,476 sq. ft. 3 bedrooms, 2 bathrooms
The “Average SP/LP% 99%” or Listing To Sales Price Ratio means the average home sale sold for 1% less than listing price.
by Bill Cobb Appraiser 225-293-1500
https://www.denhamspringsappraisers.com/
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Greater Baton Rouge Real Estate Data Note:
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 06/01/2015 to 06/02/2016, extracted on 06/02/2016