South Baton Rouge leads for home sales

A report on local housing trends says the highest priced homes and most sales are happening in south Baton Rouge. The June figures from First American CoreLogic show the 70809 Zip code, which includes upscale neighborhoods off Jefferson Highway and Bluebonnet Boulevard as well as Santa Maria, had the most expensive homes, with a median sale price of $212,000. The area in the 70805 Zip code, which is roughly bordered by Airline Highway and Choctaw Drive, had the lowest median sale price at just under $59,000. First American says the median sale price for a home in Baton Rouge is $169,500, a 1.9% increase over the figures for 2007. During the same time, national home prices fell by 10.7%. While home sales dropped in Baton Rouge, First American says the most transactions happened in the 70810 Zip code, which includes parts of busy thoroughfares such as Perkins Road, Siegen Lane and Bluebonnet. The fewest sales happened in the East Feliciana Parish town of Jackson.

(From the Real Estate Weekly section of the Baton Rouge Business Report)