I completed a Baton Rouge Townhomes appraisal in Bromley Townhomes 70810 near Mall of Louisiana and Perkins Rowe.
BROMLEY TOWNHOMES DESCRIPTION:
This is the description of a current listing within by REALTOR Trey Willard: “IMMACULATE Townhome in DESIRED Area only walking distance from Perkins Rowe! Tucked away in a GATED Community and conveniently located minutes from Perkins Rowe, Mall of Louisiana and numerous other shops/restaurants. Floor-plan features a living room/dining combo, half bath and spacious kitchen with center island, stainless appliances, large island and lots of cabinet space on lower level. Upper level has 2 bedrooms with private bathrooms and walk-in closets. Additional features include high ceilings, hardwood floors, crown molding, granite tile countertops, built-in computer nook, and large windows providing an abundance of natural light. Private patio space perfect for grilling or entertaining guests, garage in rear.”
Bromely Townhouses Sales Trends 2015-2016 Year To Date:
June 2015 to July 2016 Bromley Townhomes Home Sales Trends
5 Sales from $129,654 to $185,000
Median Sales Price $177,000
Median Sold Price Per Sq. Ft.: $122/sf
Average Sold Price: $170,330
Average Sold Price Per Sq. Ft.: $121/sf
Homes Sold From $107/sf to $148/sf
Average SP/LP% 97%
Average Days On Market: 264 Days
Average Home Is 2 Bedrooms, 2 Baths, 1,443sf
The “Average SP/LP% 97%” or Listing To Sales Price Ratio means the average home sale sold for 3% less than listing price.
Are Values Going UP, DOWN or SIDEWAYS?
From the chart below, sales prices appear to have corrected strongly from post Hurricane Katrina high prices. Prices of values appear to be going sideways, not up or down.
Current Bromley Townhouses GBRMLS Listings:
One (1) Active Listing For $179,9000 or $123.22/sf
Listing Has Been On The Market for 66 Days as of 07/24/2016.
Bill Cobb Appraiser offers Pre-Purchase Appraisals so you don’t over pay for over priced Baton Rouge Real Estate Listings!
GREATER BATON ROUGE REAL ESTATE DATA NOTE:
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 6/1/2015 to 7/1/2016, extracted on 7014/2016.