Denham Springs Real Estate Appraisers: 2010 Rolling Meadows Market Correction, Finally Returns To A More Affordable Market!
By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
http://www.denhamspringsappraisers.com/ - Denham Springs Certified Real Estate Appraisers: Late 2010 Rolling Meadows Subdivision Update, Market Pricing Correction! Solds In Rolling Meadows from 1/2010 to 11/30/2010 revealed:Average Sales Price: $141,767Average Sold Price Per Sq. Ft.: $103/sfMedian Sold Price: $139,900Number of Sales: 3Average Number of Days On Market: 110 DaysLow To High: $135,500 to $149,900 THE CHART BELOW SHOWS A "COOLING" OF THE VERY HIGH POST HURRICANE KATRINA SALES PRICE, A DROP FROM $108.32/SF TO $103.04/SF, WHICH IS HEALTHY FOR THIS "First Time Homebuyer Market where $157,500 was just too much to pay for housing! It was thought that the new Juban Parc Junior High School directly across from Rolling Meadows was going to "raise" home values but that doesn'...
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