Denham Springs Housing Update April 2010 - Reporting Declining Prices and Move To Affordability!
By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
http://www.denhamspringsappraisers.com/ - Denham Springs Housing Update April 2010 - Reporting Declining Prices and Move To Affordability! This Denham Springs Housing Update proves what I've been saying for the past year - that the Denham Springs housing market is turning more affordable, to lower priced housing. The chart below shows the largest percentage of homes sold in Denham Springs in the $130,000 to $139,999 range. According to the Baton Rouge Business Report Weekly below, the March 2009 average sales price was $165,404 and $154,782 in March 2010, -6.42% decline. Yesterday's Baton Rouge Business Report Weekly Real Estate Update for March 2010 stated: "For the first time this year, more houses were sold locally in a month than were sold the year before. There were 596 homes sol...
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