Baton Rouge Real Estate Correction Condo Market Severe Price Declines 2011-2012

www.batonrougehousingreports.com – Baton Rouge Real Estate Correction Condo Market Severe Price Declines 2011-2012. Baton Rouge Condominium Market 2011-2012 Correction Brutal. This segment of the market was ripe for such an extended correction based on the froth in this segment. DIFFERENCES IN TWO (2) PERIODS: Average Sales Price: -$6900 or -4.8% Average Sold Price Per Sq. Ft.: -$5.21/sf or -4.5% Median Sold Price: -$6350 or -4.7% Number of Sales: -25 or -7.9% Listing-To-Sales Price Ratio: -1% Average Days On Market: +42 Days or +40% TOTAL DISTRESSED SALES: +54 or +91.5% NOTE: Based on information from the Greater Baton Rouge Association of REALTORS┬«\MLS for the period of Februar 1, 2010 to February 29, 2012. This information was extracted on Sunday 03/03/2012 from GBRAR. Study Completed by Bill Cobb Appraiser and Housing Reporter with Accurate Valuations Group. Video URL: www.youtube.com