What Recession? Baton Rouge's Capital Heights Home Prices Continue Increasing

By
Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851

http://www.homeappraisalsbatonrouge.com/ - Baton Rouge Home Appraisal Blog: Capital Heights Home Sales Prices Increasing

Older, well built Cottage style homes where the wood floors creek!  Tree lined street where your neighbors actually know one another!  This is Capital Heights.  Stephanie Riegel with Baton Rouge Business Report wrote about this market in 2007 here, "Old Neighborhood, New Heights".  And, the home prices in this market, during a national economic recession, continue to increase! 

 

 

 

Solds In Capital Heights Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $194,343 ($190,716 in 2009)
Average Sold Price Per Sq. Ft.: $148.88/sf  ($131.99/sf in 2009)
Median Sold Price: $200,000  ($195,000 in 2009)
Number of Sales: 23 (29 in 2009)
Average Number of Days On Market: 110 (88 in 2009)
Low To High: $123,000 to $329,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 10, 0 Are Foreclosures
Current Listings Price: $159,900 to $319,900 or $116/sf to $201/sf

 

 

 

 

 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010.  This information was extracted on 1/14/2011.  YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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