Currently in the Greater Baton Rouge Metro area there 70 houses on the Market priced at $1,000,000 and up. In 2015, a total of 31 homes have sold. In looking back at sales of million dollar homes going back to 2006 (a 10 year period), I found some interesting numbers.

The highest number of $1,000,000 (plus) home sales occurred in 2007 - 41 homes. In 2008 and 2009 the effects of the financial crisis is clearly evident - sales declined dramatically with 18 homes sold in 2008 and 11 sold in 2009. The second chart shows the highest price paid for a home in each of the last 10 years, and again 2007 had the highest priced home sold ($4,300,000).................. this record stood until this year when 11001 Highland Rd sold for $6,000,000. 

 

Bill Arey   REALTOR

The Pat Wattam Team

ReMax First

225-298-6900