Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Plantation Estates Subdivision and discovered these housing trends.
May 2015 to May 2016 Plantation Estates Home Sales Trends
14 Sales from $216,000 to $409,000
Median Sales Price $239,500
Median Sold Price Per Sq. Ft.:$100/sf
Average Sold Price: $271,278
Average Sold Price Per Sq. Ft.:$101/sf
Homes Sold From $76/sf to $119/sf
Average SP/LP% 97%
Average Days On Market: 75 Days
Average Home In Subdivision Is: 2,747 sq. ft. 3 bedrooms, 3 bathrooms
The “Average SP/LP% 97%” or Listing To Sales Price Ratio means the average home sale sold for 3% 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 05/01/2015 to 05/21/2016, extracted on 05/26/2016