Maison Orleans Townhomes Baton Rouge Sales Mid 2018 Update

Maison Orleans Townhomes flooded in August 2016 and I wrote about it here February 20, 2017:
Maison Orleans Townhomes Baton Rouge Sales 2015 to Early 2017

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This is my July 2018 update based on a recent purchase appraisal in Maison Orleans.

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January 2017 to July 26 2018 Maison Orleans Townhomes Sales Trends
6 Sales from $93,000 to $110,000
Median Sales Price $99,500
Median Sold Price Per Sq. Ft.: $87 sq ft
Townhomes Sold From $78.81 sf to $100.18 sq ft
Median SP/LP 98 percent
Average SP/LP 96 percent
Average Days On Market: 44 Days
Average Size Townhome Is 2 Bedrooms, 2 Full Bath & 1 Half Bath, 1080 sq ft
Units are measured at 18×30 x 2 Stories

The “Median SP/LP percent 96 percent” or “Average SP/LP 96 percent” Listing To Sales Price Ratio means the average home sold for 2 percent to 4 percent less than listing price meaning there’s room for negotiation.

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Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2017 to 07/25/2018, extracted on 07/25/2018.

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The Baton Rouge Condos and Townhomes Website is a an information resource provided by local Baton Rouge Home Appraiser, Bill Cobb, and Accurate Valuations Group LLC 225-293-1500. Bill has more than 20 years experience as a Residential Appraiser and updates his local network of sites with reports, videos and audio reviews of local housing market conditions mostly at http://www.batonrougehousingreports.com/

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