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.
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.woodlandcrossingappraiser.info/– Denham Springs Appraisers Woodland Crossing Subdivision First Quarter 2011: Home Prices Decline Based On Five (5) Foreclosures!South Point Subdivision is also experiencing a similar decline. However, if these 5 foreclosures are removed from analysis, the Average Sales Price in 2011 has been $150,432, Median $165,275, Average Sold Price $83.37/sf, which is still a decline.
Recap of 2008 through 2011 Woodland Crossing Housing Numbers:
So, from 2008 to 2011, median sales prices have ranged from $156,000, $147,000, $149,000 down to $135,000 in 2011, rounded to nearest 1000. Sold price per sq. ft. continues to decline from $92/sf in 2010 down to only $78/sf in 2011 rounded. 2011 represent 13 sales and only represent one quarter of housing sales numbers, not an entire year.
Solds In Woodland Crossing from 1/1/2011 to 04/04/2011 revealed:
Average Sales Price: $141,763 Average Sold Price Per Sq. Ft.: $78.74 Median Sold Price: $134,735 Number of Sales: 14
Average Days On Market: 82
Low To High: $109,900 to $176,990 Number of Sold REO/Foreclosures Noted In MLS: 5
Five (5) foreclosures took place selling for $115,000 or $76/sf for 1505sf, $118,000 or $74/sf for 1600sf, $118,900 or $63/sf for 1908sf, $124,000 or $62/sf for 1998sf and $154,900 or $77/sf for 1999sf.
NUMBER OF SALES IN 2010 VERSUS 2009 YTD: -35% Decline! In 2009 there were 73 sales and in 2010 there were 43 sales. So, there were 30 less sales in 2010 than 2009 or -41% in home sales volume. With 14 2011 Sales in Q1, if this trend continues, there should be 50 to 56 sales for 2011, which would be an improvement from 2010.
CURRENT LISTINGS AS OF 04/04/2011:
Current # GBRMLS Listings: 45, 1 REO/Foreclosure Listing and 1 Short Sale Listing. Current Listings Prices: $110,000 To $199,900, Average Listing Price $90.72/sf. Listing Prices per square foot range from $56/sf up to $109/sf.
TIME TO APPEAL YOUR LIVINGSTON PARISH PROPERTY TAXES? With this continued trend in lower sales prices in Woodland Crossing 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.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2008 to April 4, 2011. This information was extracted on 04/03/2011.
Recap of 2008 through 2011 South Point Housing Numbers:
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
NUMBER OF SALES IN 2010 VERSUS 2009 YTD: -35% Decline
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.
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.
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.
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%.
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.
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.
http://www.denhamspringsappraisers.com/ – Livingston Parish Fore closure Trends: 2009 2010 Foreclosure Sales Numbers! 2010 Foreclosures total 13% of sales YTD; 2009 Foreclosures totaled 9%, an increase of +2% since 2009. 7% of all Livingston MLS Listings are Foreclosures! Foreclosures are negatively impacting this market. There’s A Major “Caveat” with the numbers below!
The chart below represents the number of recorded Livingston Parish REO or Foreclosure Sales within the Greater Baton Rouge MLS, with the exception of Manufactured Housing sales. GBRMLS Areas for Livingston Parish are 80, 81, 82 and 83.
Let’s put these foreclosure numbers into perspective! In 2009, there were a total of 1,193 sales. 103 foreclosure sales in 2009 represents 9% of total sales. In 2010, there have been a total of 877 sales. 113 foreclosure sales in 2010 as of 9/30/2010 represents 13% of total sales. The projected number of reo / fore closures at end of 2010 is approximately 143.
There’s A Major “Caveat” with the numbers below! Based on a 13% REO sold rate, which does appear to be an indication REOs are negatively impacting this market. It’s also stated here that an article (The Landmines Within by Michael Tarabotto http://activerain.com/blogsview/930436/The-Landmines-Within ) stated that as much as 70% of REOs never make it into the MLS – Meaning that it might be impossible to know or state the exact # of competing REOs if they’re not being listed and that the foreclosure problem could be larger if up to 70% of REOs aren’t being listed. MLS is reporting 71 current REO listings for all Livingston MLS Areas out of a total 962 total listings. So, 7% of all Livingston MLS Listings are Fore closures!
REO is “Real Estate Owned”!
Data used with permission of the GBRMLS. Search dates are 1/1/2009 to 10/16/2010. Extraction date was 10/16/2010.
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
NOTE: The 2009 Average and Median Sales Prices were $175,007 and $175,450.
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.
There were NO MLS SALES in August 2010. Sold Price Per Sq. Ft. Down $3.66/sf in 2010 or -3.8%.
YEAR-TO-DATE SOLDS:
Solds In South Point from 1/1/2010 to 8/31/2010 revealed: Average Sales Price: $150,040 Average Sold Price Per Sq. Ft.: $92.63 (Avg through 8/09 $96.29) Median Sold Price: $144,450 Number of Sales: 10
Average Days On Market: 57
Low To High: $121,900 to $189,900
Number of Sold REO/Foreclosures Noted In MLS: 2
NUMBER OF SALES IN 2010 VERSUS 2009: -12.5% Decline
In The Number Of Sales From 1/1/09 – 8/31/09 to 1/1/10 – 8/31/10. In 2009 there were 7 sales at this point and in 2010 there have been 10 sales. So, there have been 3 more sales or +43% in home sales volume. However, 2 of these sales were attributable to foreclosure activity.
CURRENT LISTINGS AS OF 9/8/2010:
Current # GBRMLS Listings: 9, 0 or Zero REO/Foreclosure Listings
Current Listings Prices: $138,500 To $178,900, Average $87.73/sf.
NOTE: Data Used With Permission of the GBRAR GBRMLS. Data was extracted on 9/9/2010 from periods 1/1/2009 to 8/31/2009 and 1/1/2010 through 9/8/2010.
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 August 2010. Sold Price Per Sq. Ft. Down $7.66/sf in 2010 or -8%.
AUGUST 8/1/2010 to 8/31/2010: Only 1 GBRMLS Sale. 23944 Teakwood Dr, with 1,134sf sold for $106,500 or $94/sf.
YEAR-TO-DATE SOLDS:
Solds In South Point from 1/1/2010 to 8/31/2010 revealed: Average Sales Price: $147,476 Average Sold Price Per Sq. Ft.: $88.24 (Avg through 8/09 $95.90) Median Sold Price: $149,500 Number of Sales: 21
Average Days On Market: 85
Low To High: $106,500 to $198,500
Number of Sold REO/Foreclosures Noted In MLS: 5
NUMBER OF SALES IN 2010 VERSUS 2009: -12.5% Decline
In The Number Of Sales From 1/1/09 – 8/31/09 to 1/1/10 – 8/31/10. In 2009 there were 24 sales at this point and in 2010 there have been 21 sales. So, there have been 3 less sales or -12.5% in home sales volume.
CURRENT LISTINGS AS OF 9/8/2010:
Current # GBRMLS Listings: 22, 1 REO/Foreclosure Listing
Current Listings Prices: $115,000 To $198,900, Average $90/sf.
NOTE: Data Used With Permission of the GBRAR GBRMLS. Data was extracted on 9/8/2010 from periods 1/1/2010 through 9/8/2010.
http://www.woodlandcrossingappraiser.info/ – Denham Springs Woodland Crossing August 2010 Update: Number of Sales Down, Price Per Sq. Ft. Up! There was only 1 sale in August 2010.
AUGUST 8/1/2010 to 8/31/2010: Only 1 GBRMLS Sale. 12309 Pinebrook Dr, with 1,620sf sold for $144,000 or $88.89/sf.
YEAR-TO-DATE SOLDS:
Solds In Woodland Crossing from 1/1/2010 to 8/31/2010 revealed: Average Sales Price: $149,057 Average Sold Price Per Sq. Ft.: $93.80 (Avg through 8/09 $90.74) Median Sold Price: $147,535 Number of Sales: 40
Average Days On Market: 94
Low To High: $118,900 to $210,000
Number of Sold REO/Foreclosures Noted In MLS: 2
NUMBER OF SALES IN 2010 VERSUS 2009: -15% Decline
In The Number Of Sales From 1/1/09 – 8/31/09 to 1/1/10 – 8/31/10. In 2009 there were 47 sales at this point and in 2010 there have been 40 sales. So, there are 7 less sales or -15% in home sales volume.
CURRENT LISTINGS AS OF 9/8/2010:
Current # GBRMLS Listings: 42, 4 REO/Foreclosure Listing
Current Listings Prices: $115,900 To $199,900, Average $89/sf.
NOTE: Data Used With Permission of the GBRAR GBRMLS. Data was extracted on 9/8/2010 from periods 1/1/2010 through 9/8/2010.
