http://www.appraisersindenhamsprings.com/ – Denham Springs Home Appraisers: Woodland Crossing Mid Year 2010 Housing Report

Solds In Woodland Crossing from 1/2009 to 7/3/2010 revealed:
Average Sales Price: $149,374
Average Sold Price Per Sq. Ft.: $92/sf
Median Sold Price: $147,150
Number of Sales: 110
Low To High: $99,900 to $210,000
Number of Sold REO/Foreclosures Noted In MLS: 7
Current # Listings: 31, 2 Are Foreclosures
Current Listings Prices: $129,500 To $199,900

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 18 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Home Appraisal 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/

Data Used With Permission of the GBRAR MLS. Data was extracted on 7/3/2010 from periods 1/1/2009 through 7/3/2010.

http://www.denhamspringsappraisers.com/ – What are your Denham Springs Real Estate Subdivision questions at mid year 2010? Which Western Livingston Parish subdivisions do you want an update on? Email us at info@accuratevg.com

http://www.gbrprelistingappraisals.com/ – Denham Springs Livingston Parish Pre-Listing Home Appraisals Video 225-293-1500.

This video describes what’s included in a “Pre-Listing” Home Listing Appraisal for the Greater Baton Rouge Housing Market performed by Bill Cobb with Accurate Valuations Group! Visit http://www.gbrprelistingappraisals.com/ and find out more about having a video made for YouTube to help sell your home faster. Plus, this appraiser can help your home get found on Google for interested buyers. So, we not offer Pre-Listing Appraisals, but a full marketing package and a listing on the Greater Baton Rouge Realty Video Visual Tours Website: http://www.gbrrealtyvisualtour.com/

Tags: Denham Springs Real Estate, Denham Springs Home, Denham Springs Homes, Denham Springs Listing Appraisal, Denham Springs Listing Appraisals, Denham Springs Pre-Listing Appraisal, Baton Rouge For Sale By Owner, FSBOBR.com, FSBO.com, For Sale By Owner Baton Rouge, For Sale By Owner Greater Baton Rouge

http://www.appraisersindenhamsprings.com/ – Western Livingston Parish Home Appraisers Photos: Watson Louisiana Community 70706

http://www.batonrougebpoappraisals.info/ - Home Of The Greater Baton Rouge Similar Sales Desktop Valuation Reports (SSDVR) – Compliant With USPAP & Fannie Mae & Freddie Mac, 225-293-1500

Welcome To The $100. 00 Greater Baton Rouge Comparable Sales Reports! Greater Baton Rouge Comparable Sales Reports Is A Desktop Appraisal Service Performed By William D. Cobb with Accurate Valuations Group, Serving East & West Baton Rouge Parish, Northern Ascension Parish and Western Livingston Parish. William Uses An Approved Fannie Mae & Freddie Mac Appraisal Form (SSDVR) To Complete This Report.

What Is An SSDVR Report? A desktop appraisal report conducted by Louisiana State Certified Appraiser, William D. Cobb, CREA, License #R0851. Bill will drive-by the home being appraised, rely upon the physical data the client provides, research the MLS database, select the 3 most similar and competitive sales/comps and render a value opinion.

http://www.denhamspringsappraisers.com/ – Livingston Parish Homes Sales Report For March 2010. Below are compiled comparisons of Livingston Parish, MLS Areas 80, 81, 82 and 83, Detached Single Family Homes, based on March 2010, February 2010 and March 2009 numbers.

By Monthly Home Sales Comparison. March Monthly Sales were 87 home sales. For February 2010, there were only 77 sales, which represents a March increase of 13%. Comparison of March 2009 vs. March 2010? There were 90 sales in March 2009, which means a small decrease of 3%.

By Average Sales Price Comparison. Average Sold Price was $159,377. Comparison to February 2010: Decreased slightly 1% from $160,746. Comparison of March 2009 vs. March 2010: Decreased 5.76% from $169,115.

By Median Sales Price Comparison. (Which This Appraiser Believes Is A Much More Accurate Indicator). Median Sold Price was $150,000. February 2010 was also $150,000. Comparison of March 2009 vs. March 2010: Decreased 3.54% from $155,500.

Current Inventory or Number Of Homes On The Market. Current “Months Inventory” is 7.59 months. In February 2010 it was 8.35 months, which means we’re better in March 2010. In March 2009, there was a 6.24 months supply.

Average Time It Took To Sell A Home? In March 2010, it took 110 days. In February 2010 it took 106 days and in March 2009 it took 91 days.

What Price Range Had The Most Home Sales? In March, the price range experiencing the most sales was the $130,000 to $139,999 range. Same for February 2010 as well. And, same for March 2009 as well.

NOTE: Based on Detached Single Family Solds in MLS Areas 80, 81, 82 & 83 information from the Greater Baton Rouge Association of REALTORS\MLS for the period 03/01/2010 through 03/31/2010. This information was extracted on 04/21/2010.

http://www.denhamspringsappraisers.com/ – Denham Springs Livingston Parish Real Estate Home Selling Tips: 4 Ways To Sell Your Home Faster. This article was written for homeowners and may be helpful for Real Estate Agents as well.

CBS Money Watch is reporting on 4 Ways To Sell Your Home Faster! Click the blue link to read the article! Here’s a snippet:

“Home sellers, buckle up: Spring selling season is here, and it’s going to be a bumpy ride.

For now, the April 30 deadline for closing on a house to claim the home buyer tax credit is boosting sales. But with mortgage rates edging up, deals are fragile and lenders are on edge. “Last-minute glitches are holding up things far longer than we have ever seen before,” says Michael Onorato, president of the Illinois Association of Realtors.

Just because you have a real estate agent, that doesn’t mean you can sit back and let the pro sell your house. To get top dollar, you’ll need to take control of the relationship and micro-manage like nobody’s business. Follow these four steps to sell your house fast.“

The 4 Ways To Sell Your Denham Springs Livingston Parish Home Faster:

1.) Keep Your Agent on a Tight Leash

2.) Prove Your Home’s Value

3.) Get a Fair Appraisal

4.) Get Your Home Staged

http://www.southpointappraiser.com/ – Denham Springs South Point Subdivision Market Report March 2010

From March 2009 to March 2010, the median sold price declined from $147,500 to $144,000 or -2.37%.  The chart below shows from 4/2009 to 4/2010 because it’s working off of end of month March numbers.

CLICK TO ENLARGE

http://www.denhamspringslarealestate.net/ – Livingston Parish Sees Higher Priced Homes Decline In Sales Volume and Pricing!

According to Tom Cook and the Baton Rouge Business Report Weekly this week,

“The largest increase in the volume of sales took place in Livingston Parish in the $100,000 to $150,000 price range. From March 2008 to February 2009, there were 107 sales in this price range. From March 2009 to February, there were 221 sales in this price range. This represents an increase of 106%. Homes in the $200,000 to $250,000 price range decreased in volume by nearly 9% from March 2009 to February. Home sales in the $200,000 to $250,000 price range fell 22% from March 2008 to February 2009.”

This is one point I fully agree with and see in this market. The Denham Springs and Walker markets from $200,000 to $300,000, where new home pricing is above $115/sf, have been way oversupplied for at least the past year. This is one of the reasons that Juban Parc became the “New Juban Parc” because Denham Springs isn’t really a higher end housing market. In fact, since 4/2009, only 13% of home sales have been above $200,000. The developers and builders both expected too high of potential sales prices in the western Livingston Parish market, especially in the Walker market. This could be one reason that Autumn Run is being finished out by Vicknair Builders.

82 Competing Listings Is An OverSupply!

Currently in the GBRAR MLS, there are 82 competing listings in this price range. The search parameters were: $200,000 to $300,000, 1600sf to 3000sf, Ages New to 4-5 Years Old, Extracted on 4/14/2010.

http://www.denhamspringslarealestate.net/ – Livingston Parish Sees Largest Volume Increase In Home Sales

Although the Denham Springs median home sales price appears to have declined between 5% to 6% since March 2009, according to the Baton Rouge Business Report Weekly this week, Livingston Parish experienced the largest increase in volume of home sales in Greater Baton Rouge. According to Tom Cook,

“The largest increase in the volume of sales took place in Livingston Parish in the $100,000 to $150,000 price range. From March 2008 to February 2009, there were 107 sales in this price range. From March 2009 to February, there were 221 sales in this price range. This represents an increase of 106%. Homes in the $200,000 to $250,000 price range decreased in volume by nearly 9% from March 2009 to February. Home sales in the $200,000 to $250,000 price range fell 22% from March 2008 to February 2009.”