Park Forest Subdivision (Baton Rouge, LA)
By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Comments 1
Baton Rouge's Park Forest Home Prices Weak From Foreclosures And Now A Murder Why Does This Murder Hit Home With This Baton Rouge Home Appraiser? Because I was in Park Forest on Wednesday appraising a home on Caribou Ct and took 32 comparable sales and listing photos through out Park Forest.      What's the future of Park Forest home prices?    PARK FOREST DECLINE IN HOME PRICES POST HURRICANE KATRINAPark Forest Subdivision 2007 median sales price was $148,000 and now only $116,000 based on sixty nine (69) 01/2012 to 2013 YTD. So, Park Forest is already a very weak housing market, now down $32,000 or 21.6% from Post Hurricane Katrina Highs in 2007.    2013 Partial Recovery? In 2013, 28 sales indicated a median sales price increase to $119,000 or $64.88/sf, certainly better numbers than ...
By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Comments 0
http://batonrougerealestateappraisal.com/ - Baton Rouge's Park Forest Subdivision Q1 2009 Update Solds In Park Forest From 01/01/2007 to 12/31/2007 revealed: Average Sales Price: $148,627 Average Sold Price Per Sq. Ft.: $84.91 Median Sold Price: $147,900 Low Sales Price: $110,000 High Sales Price: $280,000 Average # of Days On Market: 43 # of Sales: 51 Solds In Park Forest From 01/01/2008 to 02/18/2009 reveals: Average Sales Price: $134,043 Average Sold Price Per Sq. Ft.: $88.41 Median Sold Price: $134,450 Low Sales Price: $90,000 High Sales Price: $196,000 Average # of Days On Market: 94 # of Sales: 28 Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Subdivision, the market direction appears to be declining. The...
Baton Rouge Real Estate Appraisals - Accurate Valuations Group Appraiser William D. Cobb Study Shows Park Forest Subdivision in Zip Code 70814 Pre To Post Hurricane Katrina Increases 21%William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Park Forest Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Park Forest Subdivision Pre to Post Hurricane Katrina has been 20.93%. The median price has increased 20.20%.  The average price per sq. ft. has increased 20.38%.Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:Avg Sold: $118,812Median Sold: $122,500Avg $/SF: $68.25/sfAvg Days on the Market: 47Total...
Baton Rouge, LA Real Estate Professionals