Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Lake at Grays Creek Subdivision in Denham Springs and discovered these housing trends.
June 2015 to June 2016 Lake at Grays Creek Home Sales Trends
11 Sales from $139,500 to $172,000
Median Sales Price $147,000
Median Sold Price Per Sq. Ft.:$105/sf
Average Sold Price: $148,300
Average Sold Price Per Sq. Ft.:$107/sf
Homes Sold From $104/sf to $114/sf
Average SP/LP% 99%
Average Days On Market: 54 Days
Average Home In Subdivision Is: 1,383 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/
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