Week In Review In Baton Rouge Real Estate Housing February 26 – March 3, 2012

www.scoop.it – Week In Review In Baton Rouge Real Estate Housing February 26 – March 3, 2012. What A Difference A Week Makes! From 02/19-02/25 there were 76 total GBR home sales. From 02/26-03/03 there were 152, an increase of 76 or 50% more home sales! For the week, 31 sales or 20% of ALL sales were distressed in some form and 80% were not. For 2012, 943 total sales with 43% of ALL sales being distressed in some form and 57% were not. However, of the 206 Foreclosure sales in 2012, the average sales price is $112102 and median $95000, meaning most of the REO sales are taking place are far, far below the typical price range in Baton Rouge, the $160000 to $200000 range. NOTE: Based on information from the Greater Baton Rouge Association of REALTORS┬«\MLS for the period of 02/26/2012 to 03/03/2012. This information was extracted on 03/04/2012. Prepared by Bill Cobb, Appraiser, Greater Baton Rouge’s Housing Reporter. www.youtube.com