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Baton Rouge’s Shenandoah Estates Home Sales August 2012 versus August 2012

Baton Rouge’s Shenandoah Estates Home Sales August 2012 versus August 2012

Shenandoah Estates is perhaps THE largest subdivision located in Baton Rouge with 2600-2800 homes. The trends in Shenandoah Estates would certainly be important trends for the Baton Rouge Housing Market in general.

 

PARTICULARLY INTERESTING IS “New Properties by Month” Down 75%
Aug-11 vs. Aug-12: The number of new properties is down 75%

 

Median Sold Price by Month
Aug-11 vs. Aug-12: The median sold price is up 3%

 

Sold Properties by Month
Aug-11 vs. Aug-12: The number of sold properties is up 50%

 

Under Contract Properties by Month
Aug-11 vs. Aug-12: The number of under contract properties is down 40%

 

For Sale Properties by Month
Aug-11 vs. Aug-12: The number of for sale properties is up 3%

 

Average Days on Market by Month
Aug-11 vs. Aug-12: The average days on market is down 13%

 

Months Supply of Inventory
Aug-11 vs. Aug-12: The average months supply of inventory is up 86.7%

 

Supply & Demand by Month
Aug-11 vs. Aug-12: The number of for sale properties is up 3% and the number of sold properties is up 50%

 

Median For Sale vs. Median Sold
Aug-11 vs. Aug-12: The median price of for sale properties is down 2% and the median price of sold properties is up 3%

 

 

Shenandoah Estates Home Sales Baton Rouge August 2012 Versus August 2012

 

Brought to you by Bill Cobb Appraiser and Baton Rouge Housing Reports Monthly Market Videos

 

GBRAR MLS NOTE: Based on info from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 08/01/2011 to 09/15/2012. This information was extracted on 09/16/2012.

 

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