Baton Rouge Real Estate Correction Home Prices In Riverbend Subdivision Decline in 2011

www.batonrougehousingreports.com – Baton Rouge Real Estate Correction Home Prices In Riverbend Subdivision Decline in 2011 Riverbend Is Correcting in 2011! Based on GBRAR Stats extracted on 12 In 2010, Median Sales price was $317000 and Avg Sold Price was $117/sf. In 2011, it’s $273K and $114/sf based on 10 sales. That’s a -13.9% and -2.56% correction. In 2010, Average Sales Price was $341068 and in 2011 it’s only $286560. In 2011 in Riverbend Subdivision based on 10 sales, Median Sales Price $273000, Average Sold Price Per Square Foot:$114/sf, Listing To Sales Price Ratio:98%, Average Days On Market:96 Days. NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2005 to 12/13/2011. This information was extracted on 12/13/2011.