http://www.southpointappraiser.com/ – Denham Springs South Point Subdivision 2011 Comprehensive Housing Report. South Point home sales prices declined by double digits in 2011 because close to 50% of solds were distressed in some form.

Here are the South Point housing numbers from end of December 2010 to end of December 2011. Some of the data isn’t showing up because there were no sales in December 2010 or December 2011. For this reason, I’m providing the GBRMLS Stats Chart as well, which should state 32 total sales for 2011. Both the Average and Median Sales Prices plunged in 2011 with double digit declines based on “32″ total home sales. Average sales price was down from $150,394 in 2010 to $130,606 in 2011 or -13%. Median sales price was down from $150,750 in 2010 to $129,900 in 2011 or -14%. I suspect part of this decline was due to 11 of the 32 total sales being foreclosures and 2 being 3rd Party Sales (relocation) and 2 short sales. This means that of the 32 total home sales, 15 were in some form of distress.

Denham Springs South Point Subdivision 2011 Comprehensive Housing Report

Dec-10 vs. Dec-11: The number of New properties is down 25%

Dec-10 vs. Dec-11: The number of For Sale properties is up 12%

Dec-10 vs. Dec-11: The number of Expired properties is down 20%

Dec-10 vs. Dec-11: The number of for sale properties is up 12% and the percent change in the number of sold properties is up 50%

Denham Springs South Point Subdivision 2011 Comprehensive Housing Report. NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/16/2011 to 01/16/2012. This information was extracted on 01/16/2012.

http://www.southpointappraiser.com/ – The 2012 Way To View Denham Springs South Point Subdivision Real Estate Housing Market News

Check out Denham Springs Real Estate News – The Scoop On Denham Springs Residential Housing News on Scoop.It , Curated by Baton Rouge Housing Reports Dot Com

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Baton Rouge Real Estate News Video Resource: http://www.batonrougehousingreports.com/

Baton Rouge Real Estate News

Why Baton Rouge Housing Reports?

Because a home is the largest, most important investment most locals make in their lifetimes. Because of the importance of getting this decision right, housing market facts, trends and analysis are provided to help locals execute competent, informed home purchase or home selling decisions.

There’s a new Premier web video resource in Baton Rouge with a residential focus: Baton Rouge Housing Reports Dot Com. This site offers the good news in our market as well as the on-going correction, tips on what improvements really add value, local REALTOR® video update of the month, local real estate expert interviews, local remodeler’s tips, trends videos, monthly and quarterly reports, Top 150 Subivisions trends, current housing charts and stats, gbrmls stats, local NAR stats, special investigative series and a long list of local online resources. Visit Us for the scoop on local housing.

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2011 Woodland Crossing Subdivision 21 Page Housing Study Published Denham Springs. Click Below to view he 21 page study.

From September 2010 to September 2011, the median sold price is up by 9% (but only based on “1″ sale in September 2011 and GBRMLS stats contradict this trend big time showing major declines for 2011).

Recap of 2008 through 2011 YTD Woodland Crossing GBRMLS Housing Numbers:

So, from 2008 to 2011, median sales prices have ranged from $156,000, $147,000, $149,000 down to $140,000 in 2011, rounded to nearest 1000. Sold price per sq. ft. continues to decline from $92/sf in 2010 down to only $84/sf in 2011 rounded. 2011 represent 39 sales and only represent three quarters of housing sales numbers, not an entire year.

Solds In Woodland Crossing from 1/1/2011 to 10/12/2011 revealed:
Average Sales Price: $141,803
Average Sold Price Per Sq. Ft.: $80.00
Median Sold Price: $139,900
Number of Sales: 42
Average Days On Market: 109
Low To High: $98,900 to $179,500
Number of Sold REO/Foreclosures Noted In MLS: 7

NOTE: The Median Sales Price Decline from 2010 to 2011 is -6.2%.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2008 to 10/12/2011. This information was extracted on 10/12/2011.

http://www.woodlandcrossingappraiser.info/ – Denham Springs Home Appraisers Woodland Crossing Subdivision Third Quarter 2011: Home Prices Decline Based On Seven (7) Foreclosures and 1 to 2 Short Sales!

Recap of 2008 through 2011 YTD Woodland Crossing Housing Numbers:

So, from 2008 to 2011, median sales prices have ranged from $156,000, $147,000, $149,000 down to $140,000 in 2011, rounded to nearest 1000. Sold price per sq. ft. continues to decline from $92/sf in 2010 down to only $84/sf in 2011 rounded. 2011 represent 39 sales and only represent three quarters of housing sales numbers, not an entire year.

YEAR-TO-DATE SOLDS 2011 (Note Chart shows 39 sales, MLS Search Reveals 42 Sales):

Solds In Woodland Crossing from 1/1/2011 to 10/12/2011 revealed:
Average Sales Price: $141,803
Average Sold Price Per Sq. Ft.: $80.00
Median Sold Price: $139,900
Number of Sales: 42
Average Days On Market: 109
Low To High: $98,900 to $179,500
Number of Sold REO/Foreclosures Noted In MLS: 7

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2008 to 10/12/2011. This information was extracted on 10/12/2011.

http://www.southpointappraiser.com – Denham Springs LA South Point Subdivision Q2 2008 Versus Q2 2011 Housing Report

Denham Springs LA South Point Subdivision Q2 2008 Versus Q2 2011 Housing Report

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2008 to September 11, 2011. This information was extracted on 09/11/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

http://www.batonrougelistingsservices.com/ – Denham Springs Real Estate Elevated Photography Services Now Available by Bill Cobb with Baton Rouge Listings Services and AVG Accurate Valuations Group! Find out more at the url above in blue.

Below is a compare and contrast showing the marketing differences in perspective of home listing photo at normal elevation versus elevated elevations. Local Real Estate Agents prefer to combine normal photos and elevated photos in their marketing plan for their listings.

This service is also included in Bill Cobb’s AVG Pre-Listing Appraisals whether those are ordered by Local Real Estate Agents or for those selling FSBO without an Agent, see Greater Baton Rouge Pre-Listing Appraisals

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http://www.batonrougelistingsservices.com/ – Greater Baton Rouge Real Estate Elevated Photography Services Now Available by Bill Cobb with Baton Rouge Listings Services and AVG Accurate Valuations Group! Find out more at the url above in blue.

Below is a compare and contrast showing the marketing differences in perspective of home listing photo at normal elevation versus elevated elevations. Local Real Estate Agents prefer to combine normal photos and elevated photos in their marketing plan for their listings.

This service is also included in Bill Cobb’s AVG Pre-Listing Appraisals whether those are ordered by Local Real Estate Agents or for those selling FSBO without an Agent, see Greater Baton Rouge Pre-Listing Appraisals

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Motivated Seller In Denham Springs, Newer 3 Bedroom For $122,500 12203 Sundown Drive Rolling Meadow

Affordable 3 bedroom 2 bath home located just minutes from Denham Springs and the Town Of Walker. This home is also close to schools. The dining area has a cathedral ceiling with an arched window and opens onto the large living room. The living room has laminate wood flooring and a wood burning fireplace. The kitchen has ceramic tile flooring and an abundance of cabinets. The master bath is spacious and has a door that gives access to the large backyard. Click below for Details.

Marketed by Darren James Real Estate Experts. At the website link above, search “Sundown” for the details of this listing.

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http://www.batonrougerealestatebuzz.com/ – Greater Baton Rouge Housing Update For Week of April 22, 2011 (From April 16-22, 2011). This report covers the primary four (4) Parishes that make up Greater Baton Rouge Real Estate.

ASCENSION PARISH

SOLDS:

5 from $67,000 to $229,900, Average Sales Prices $168,180 or $99.98/sf, Median Sales Price $185,000, Average Days On Market 41.
LISTINGS:

Currently Actives Total: 744 $234,268 Average Listing Price and Median Price $198,200.
Currently Pending: 246 $194,128 Average Listing Price and Median Price $174,975.
New Listings: 40 With Average Listing Price of $195,992, Median Listing Price of $169,900
Pending Listings: 39 With Average Listing Price of $202,851, Median Listing Price of $189,000
Withdrawn Listings: 13 With Average Listing Price of $259,753, Median Listing Price of $224,900
Expired Listings: 7 With Average Listing Price of $155,673, Median Listing Price of $129,000

EAST BATON ROUGE PARISH

SOLDS:
42 from $21,900 to $575,000, Average Sales Prices $222,343 or $102.28/sf, Median Sales Price $187,000, Average Days On Market 123.

LISTINGS:
Currently Actives Total: 2695 $247,876 Average Listing Price and Median Price $176,900.
Currently Pending: 613 $209,906 Average Listing Price and Median Price $167,900.
New Listings: 133 With Average Listing Price of $220,158, Median Listing Price of $175,000
Pending Listings: 102 With Average Listing Price of $203,939, Median Listing Price of $169,450
Withdrawn Listings: 18 Average Listing Price $184,066, Median Listing Price of $142,500
Expired Listings: 23 With Average Listing Price of $468,832, Median Listing Price of $214,900

WESTERN LIVINGSTON PARISH

SOLDS:
19 from $22,500 to $448,000, Average Sales Prices $124,242 or $74.59/sf, Median Sales Price $89,000, Average Days On Market 74.

LISTINGS:
Currently Actives Total: 778 $193,809 Average Listing Price and Median Price $159,900.
Currently Pendings: 171 $151,976 Average Listing Price and Median Price $148,000.
New Listings: 37 With Average Listing Price of $186,735, Median Listing Price of $153,900
Pending Listings: 21 With Average Listing Price of $159,738, Median Listing Price of $146,900
Withdrawn Listings: 15 Average Listing Price $162,826, Median Listing Price of $147,500
Expired Listings: 17 With Average Listing Price of $170,894, Median Listing Price of $167,900

WEST BATON ROUGE PARISH

SOLDS:
1 for $179,700 or $127/sf, Median Sales Price $179,700, Average Days On Market 267.

LISTINGS:
Currently Actives Total: 109 $196,436 Average Listing Price and Median Price $186,300.
Currently Pending: 21 $186,897 Average Listing Price and Median Price $185,900.
New Listings: 3 Average Listing Price of $204,900, Median Listing Price of $134,900
Pending Listings: 2 Average Listing Price of $175,900, Median Listing Price of $175,900
Withdrawn Listings: 1 Average Listing Price $49,900, Median Listing Price of $49,900
Expired Listings: 1 With Average Listing Price of $195,000, Median Listing Price of $195,000

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of April, 16, 2011 to April 22, 2011. This information was extracted on 04/23/2011.

Author’s Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/