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Withdrawn Listings: 13 With Average Listing Price of $259,753, Median Listing Price of $224,900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Withdrawn Listings: 18 Average Listing Price $184,066, Median Listing Price of $142,500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Withdrawn Listings: 15 Average Listing Price $162,826, Median Listing Price of $147,500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/

http://www.denhamspringsappraisers.com/ – Denham Springs Appraisers Study Shows South Point Subdivision Pre & Post Hurricane Katrina Increases 22.5%

Denham Springs, Louisiana Real Estate News – Accurate Valuations Group Study Shows South Point Subdivision Pre & Post Hurricane Katrina Increases 22.5%. William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within South Point Subdivision. Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within within South Point Subdivision Pre to Post Hurricane Katrina has been 22.5%. The median price has increased 21%. The average price per sq. ft. has increased 20%.

Why Study South Point S/D? South Point S/D is perhaps the largest residential development in Livingston Parish/County with approximately 9 separate filings and approximately 750 lots. South Point S/D was developed by Saun Sullivan with PCC Homes, which was sold to the national home builder, D. R. Horton, Inc., in early 2006. When South Point S/D was first developed and homes began to sell in early 2002, a 3 bedroom, 2 bath home with 1,629sf living area was selling for around $109,000 or $66.91/sf. Today, that same home is selling for $150,000 or $92.08/sf, a 37.61% increase in only 4 years.

Market Summary 4/2006 to 4/9/2007 POST KATRINA:
Avg Sold: $149,487
Median Sold: $149,900
Avg $/SF: $85.47
Avg Days on the Market: 21
Total# Listings: 59

Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:
Avg Sold: $122,029
Median Sold: $123,800
Avg $/SF: $71.39
Avg Days on the Market: 47
Total# Listings: 123

The gain in average homes prices/values within South Point Subdivision Pre to Post Hurricane Katrina is from $122,029 to $149,487 or 22.5% increase. The median price/value has increased 21.08%. The average price per sq. ft. has increased from $71.39/sf to $85.47/sf or 19.73%.

Data Used With The Permission Of The Greater Baton Rouge Board of Realtors

Accurate Valuations Group Appraiser, William D. Cobb, has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market. For more information on Accurate Valuations Home Appraisal Group, visit Denham Springs Home Appraisals.