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.southpointappraiser.com/ – Denham Springs Housing Statistics: South Point Subdivision August 2010

Solds In South Point from 1/2010 to 8/31/2010 revealed:
Average Sales Price: $147,476
Average Sold Price Sq. Ft.: $88/sf (-$5.33/sf Decline From 2009)
Median Sold Price: $149,500 (+4,500 Increase From 2009)
Number of Sales: 21
Low To High: $106,500 to $198,500
Number of Sold REO/Foreclosures Noted In MLS: 5
Current # Listings: 26 (NOTE: MORE LISTINGS THAN SALES)
Current Listings Prices: $103,500 To $198,900

The BIG Change is that while the Median Sales Price has increased +8.1%, the Average Sold Price Per Sq. Ft. has declined by -$5.33/sf. And, there’s more listings now than total sales in all of 2010.

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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.

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http://www.southpointappraiser.com/ – FHA Appraisers Denham Springs Report On South Point Subdivision Statistics For 2009 Based On Both Average and Median Sales and Listing Prices. 

South Point Subdivision is a single-family dwelling subdivision, located off of La. Hwy. 16 South. Just five miles from the Denham Springs exit off of I-12 or three miles from the Juban Road exit. South Point Subdivision is conveniently located outside of Denham Springs’ city limits, providing a feel of country living with the benefit of amenities and services available only minutes down the road.  Within all phases, South Point totals approx. 645 homes.  The original builder was PCC Homes until PCC sold the remaining lots to DR Horton Gulf Coast shortly after Hurricane Katrina.  
 

AVERAGE SALES & LISTING PRICES FROM 11/2008 to 11/2009:

MEDIAN SALES & LISTING PRICES FROM 11/2008 to 11/2009:

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