/24-7PressRelease/ - BATON ROUGE, LA, April 21, 2007 - Baton Rouge Home Appraisers - Accurate Valuations Group Gonzales Appraiser William D. Cobb, IFA Study Shows Old Jefferson Subdivision in Zip Code 70817 Pre To Post Hurricane Katrina Increases 19%
William D. Cobb, IFA, 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 Old Jefferson Subdivision. Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Old Jefferson Subdivision Pre to Post Hurricane Katrina has been 18.54%. The median price has increased 15.24%. The average price per sq. ft. has increased 19.8%.
Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:
Avg Sold: $117,713
Median Sold: $119,750
Avg $/SF: $71.96/sf
Avg Days on the Market: 46
Total# Listings: 24
Low Sales Price: $94,500
High Sales Price: $131,000
Market Summary 4/2006 to 4/15/2007 POST KATRINA:
Avg Sold: $139,537
Median Sold: $138,000
Avg $/SF: $86.21/sf
Avg Days on the Market: 43
Total# Listings: 27
Low Sales Price:$110,500
High Sales Price:$160,000
The gain in average homes prices/values within Kenilworth Subdivision Pre to Post Hurricane Katrina was from $117,713 up to $139,537 or 18.54% increase. The median price/value has increased from $119,750 up to $138,000 or 15.24%. The average price per sq. ft. has increased from $71.96/sf up to $86.21/sf or 19.8%. The total number of listings increased from 24 up to 27.
Data Used With The Permission Of The Greater Baton Rouge Board of Realtors. This data generally excludes REO/Bank Owned or Foreclosure Sales.
William D. Cobb, IFA, with Accurate Valuations Group has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market (Baton Rouge, LA; Baker, LA; Zachary, LA; Greenwell Springs, LA; Denham Springs, LA; Walker, LA; Watson, LA; Livingston, LA; Prairieville, LA; Gonzales, LA; Geismar, LA; Sorrento, LA; Port Allen, LA; Brusly, LA; and Addis, LA). For more information on William D. Cobb, IFA and Accurate Valuations Group, please visit http://www.getfastvalue.com and http://www.batonrougehomeappraisals.com . Visit Bill's Blog @ http://www.getfastvalue.com/avgblog This article was written with the assistance of R. Chandler Smith @http://www.1stsourceappraisals.com
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