Tag Archives: Association Of Realtors

South Point Home Appraisers Report: 2010-2011 Home Sales Numbers

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http://www.southpointappraiser.com/ - South Point Home Appraisers Report: 2010-2011 Home Sales Numbers

south-point-subdivision-denham-springs

SOUTH POINT SUBDIVISION (Homes From 1,002sf up to 2,554sf)
DOES NOT INCLUDE DISTRESSED SALES (REO, SHORT SALE OR 3RD PARTY)

Median price per square ft Subdivision 07-01-2010 to 06-30-2011
$87/sf
Median Sales Price: $139,950
Total Sales: 25
Distressed: 7
Percent Distressed: 28%

Median price per square ft per Category 07-01-2010 to 06-30-2011
$87
1002sf to 1252sf $98
1253sf to 1503sf $91
1504sf to 1754sf $88
1755sf to 2005sf $81
2056sf to 2554sf $73

Median price per square foot per Category 07-01-2011 to 12-31-2011
$87/sf
1002sf to 1252sf $101
1253sf to 1503sf $84
1504sf to 1754sf $86
1755sf to 2005sf $95
2056sf to 2554sf $69

Median price per square foot per Category 07-01-2010 to 06-30-2011
ALL SALES INCLUDING DISTRESSED
Average Sales Price: $85
Median Sales Price: $132,000
1002sf to 1252sf $94
1253sf to 1503sf $86
1504sf to 1754sf $83
1755sf to 2005sf $81
2056sf to 2554sf $74

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to December 31, 2011. This information was extracted on 01/16/2012.

2011 Woodland Crossing Subdivision 21 Page Housing Study Published Denham Springs

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

woodland-crossing-comprehensive-housing-market-report-2011

woodland-crossing-median-sold-price-by-month-2011

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:

woodland-crossing-housing-stats-denham-springs-la-2011

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.

Denham Springs Home Appraisers Woodland Crossing Q3 2011: Home Prices Report

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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!

avg-woodland-crossing-subdivision-denham-springs

 

Recap of 2008 through 2011 YTD Woodland Crossing Housing Numbers:

woodland-crossing-housing-stats-denham-springs-la-2011

 

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):

woodland-crossing-housing-trends-denham-springs-la-70726

 

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.

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

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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!

Denham Springs Home Appraisers 2011 Report On Lake at Gray’s Creek Subdivision

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http://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers 2011 Report On Lake at Gray’s Creek Subdivision

lake-at-grays-creek-subdivision-denham-springs-laAccording to the DSLD Homes website, Lake At Gray’s Creek is a “Small community conveniently located directly off of Highway 16 in south Denham Springs. Less than one mile from the elementary school, this community has a retainage pond. Quiet location, just minutes from shopping and all other conveniences. New homes priced from the $130′s. In 2009, there were 63 homes built with an average sales price of $142,655 or $101.69/sf. In 2010, there were 32 homes built with an average sales price of $142,235 or $103.01/sf. In 2011, there is one (1) new home for sale for $133,900 or $105/sf for 1,274sf. Specific information on Lake At Gray’s Creek is available at the DSLD Homes website.

lake-at-grays-creek-subdivision-denham-springs-la-aerial-map

 

22808 Cabo Lane Denham Springs LA 70726

 

22768 Cabo Lane Denham Springs LA 70726

 

100 4684

 

lake-at-grays-creek-home-sales-chart

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to April 15, 2011. This information was extracted on 04/15/2011. Yes, this appraiser does have permission to use this MLS chart within this post.

 

Author’s Bio:
Bill Cobb Appraiser Baton RougeBill 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/

Denham Springs Appraisers South Point First Quarter 2011: Home Prices Continue Decline

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http://www.southpointappraiser.com/ – Denham Springs Appraisers South Point First Quarter 2011: Home Prices Continue Decline!

south-point-appraiser-2

 

Recap of 2008 through 2011 South Point Housing Numbers:

south-point-gbrmls-chart-2011

 

So, from 2008 to 2011, the median sales prices have ranged from $151,500, $145,000, $150,750 down to $128,000 in 2011. Sold price per sq. ft. continues to decline from $87/sf in 2010 down to $83/sf in 2011 rounded.

YEAR-TO-DATE SOLDS 2011:

Solds In South Point from 1/1/2011 to 04/03/2011 revealed:
Average Sales Price: $126,133
Average Sold Price Per Sq. Ft.: $82.75
Median Sold Price: $128,000
Number of Sales: 9
Average Days On Market: 102
Low To High: $100,000 to $155,900
Number of Sold REO/Foreclosures Noted In MLS: 3

south-point-subdivision-march-2011

 

south-point-subdivision-march-2011-median-sales-prices

 

NUMBER OF SALES IN 2010 VERSUS 2009 YTD: -35% Decline

south-point-subdivision-march-2011-number-of-sales

 

In 2009 there were 37 sales and in 2010 there were 24 sales. So, there were 13 less sales in 2010 than 2009 or -35% in home sales volume.

CURRENT LISTINGS AS OF 04/03/2011:

Current # GBRMLS Listings: 24, 5 REO/Foreclosure Listing, 21% of Listings Are Foreclosures! Current Listings Prices: $85,400 To $185,000, Average Listing Price $92.94/sf. $85,400 Listing Price is one of the lowest I’ve ever seen in South Point. Listing Prices per square foot range from $70/sf up to $110/sf.

south-point-appraiser-dot-com-denham-springs

 

TIME TO APPEAL YOUR LIVINGSTON PARISH PROPERTY TAXES? With this continued trend in lower sales prices in South Point Subdivision, is it is time to appeal your property taxes? You can look up your tax assessment here and find out what your home is assessed for, see below.

appeal-livingston-parish-taxes



western-livingston-parish-tax-assessment-appeal-home-appraisals

 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2008 to April 3, 2011. This information was extracted on 04/03/2011.

 

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Denham Springs Appraisers South Point November 2010: Number of Sales And Price Per Sq. Ft. Down!

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http://www.southpointappraiser.com/ – Denham Springs South Point August 2010 Update: Number of Sales And Price Per Sq. Ft. Down! There was only 1 sale in November 2010. Sold Price Per Sq. Ft. Down $7.47/sf in 2010 or -8%.

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NOVEMBER 11/1/2010 to 11/30/2010: Only 1 GBRMLS Sale. 23862 Waterford Ct, with 1,908sf sold for $152,900 or $80/sf.

YEAR-TO-DATE SOLDS:

Solds In South Point from 1/1/2010 to 12/02/2010 revealed:
Average Sales Price: $150,723
Average Sold Price Per Sq. Ft.: $86.74 (Avg through 11/09 $94.21)
Median Sold Price: $152,450
Number of Sales: 24
Average Days On Market: 84
Low To High: $106,500 to $198,500
Number of Sold REO/Foreclosures Noted In MLS: 5

NUMBER OF SALES IN 2010 VERSUS 2009 YTD: -29.4% Decline

In The Number Of Sales From 1/1/09 – 11/30/09 to 1/1/10 – 11/30/10. In 2009 there were 34 sales at this point and in 2010 there have been 24 sales. So, there have been 10 less sales or -29.4% in home sales volume.

CURRENT LISTINGS AS OF 12/02/2010:

Current # GBRMLS Listings: 21, 3 REO/Foreclosure Listing
Current Listings Prices: $89,000 To $210,000, Average $90/sf. $89,000 Listing Price is one of the lowest I’ve ever seen in South Point. Listing Prices per square foot range from $71/sf up to $110/sf.

south-point-appraiser-1

 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 2, 2010. This information was extracted on 12/02/2010.

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Denham Springs Real Estate Buzz: Listen To NAR’s Real Estate Today Show For October 16, 2010!

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http://www.denhamspringsappraisers.com/ – Denham Springs Real Estate Buzz: Listen To NAR’s Real Estate Today Show For October 16, 2010!

real-estate-today-radio-baton-rouge

 

Each Saturday, the NATIONAL ASSOCIATION OF REALTORS® hosts the “Real Estate Today Radio” show with award-winning broadcaster, Gil Gross. The “About” section says:

“Real Estate Today opens doors for buyers and sellers with critical and credible information on the real estate market. It’s fast paced and fact packed with experts, interviews, call-ins, field reports, and timely market conditions.

On radio stations, satellite, and podcasts… even cell phones, Real Estate Today is your instant connection to the American Dream of home ownership.”

The Blog for this show is located at http://www.retradio.com/blog/ .

Today’s show covers the topics listed below:

enews-main101610

Listen to today’s show, click the play button below!



Or, look at the right side where you’ll be able to visit often catch this week’s show at your convenience. The button looks like the player above.

Denham Springs Home Appraisers: Juban Parc Housing Numbers For September 2010

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http://www.jubanparcappraiser.com/ – Denham Springs Home Appraisers: Juban Parc Housing Numbers For September 2010

juban-parc-home-appraisers

Solds In Juban Parc from 1/2010 to 9/27/2010 revealed:

Average Sales Price: $159,943
Average Sold Price Per Sq. Ft.: $102.49/sf
Median Sold Price: $141,900
Number of Sales: 21
Low To High: $137,500 to $235,000
Average Days On Market: 103
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 13, 1 Foreclosure
Current Listings Prices: $138,900 To $239,900

home prices down

NOTE: The 2009 Average and Median Sales Prices were $175,007 and $175,450.

 

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The data within this report is used with the permission of the Greater Baton Rouge Association of Realtors, extracted on 9/27/2010 from periods 1/1/2009 to 9/27/2010.

Western Livingston Parish Home Appraisers: August 2010 Market Data

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http://www.denhamspringsappraisers.com/ - Western Livingston Parish Home Appraisers: August 2010 Market Data

western-livingston-parish-home-appraisers

The August 2010 housing numbers are in from the Greater Baton Rouge Association of Realtors from 8/1/2010 to 8/31/2010 and from 8/1/2009 to 8/31/2010, extracted on 9/16/2010.

 

Livingston Parish August 2010 Market Data
(For MLS Areas 80, 81, 82 & 83)

Total Monthly Sales: 56 (Lowest Number Of Sales In Period)

Average Listing Price: $164,295 ($162,914 in 8/2009)
Average Sold Price: $161,018 ($160,232 in 8/2009)
Median Sold Price: $140,900 ($152,500 in 8/2009)
Average Days On The Market: 92 (85 in 8/2009)
Listing To Sales Price Ratio: 98% (98.3% in 8/2009)
Current Inventory: 811 (703 in 8/2009)
Months of Inventory: 14.5 (Longest In Period, 5.9 in 8/2009)

western-livingston-parish-housing


Annual View From 8/2009 to 8/2010:

Total Monthly Sales: 1210

Average Listing Price: $167,849
Average Sold Price: $164,948
Median Sold Price: $152,147
Average Days On The Market: 90
Listing To Sales Price Ratio: 98.3%
Average Current Inventory: 719
Average Months of Inventory: 7.1

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Accurate Valuations Group’s “MARKET WRAP”:

NUMBER OF HOME SALES DECLINES. Based on these numbers, home sales are slowing considerably from 120 in August 2009, 109 in June 2010, 83 in July 2010 to just 56 in August 2010, a decline of -53% since August 2009.

LOCAL HOUSING INVENTORY SWELLS. With the number of home sales declining, this resulted in an increase to over 14 months of inventory. The good news is that in August, it still took an average days on the market of 92 days to sell a home.

MEDIAN SALES PRICE DECLINE. The median sales price declined sharply from $152,500 in August 2009, $149,000 in June 2010, $155,000 in July 2010 to just $140,900 in August 2010, a decline of -7.6% since August 2009. This shows that this market continues to favor the more affordable housing options over that of the higher end homes market. Area home builders have reacted and are building smaller homes to accomodate this market demand.

WHY WE USE MEDIAN SALES PRICE OVER AVERAGE SALES PRICE? NOTE: Why Median Sales Price is a better indicator than Average Sales Price! Median Sales Price is the barometer by which the National Association of Realtors uses to report on national housing markets. Average Sales Price tends to take all of the home sales prices from the lowest, say $50,000, to the highest, say $1,000,000, and state the average of them all, sometimes skewing the numbers because of the extreme highs and lows. Median Sales Price tends to focus more on the middle of where the bulk of home sales prices are taking place. Generally, the Average Sales Price is going to be higher because it includes the extreme high sales prices in a given market.