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Greenwell Springs Central LA Home Appraisers: Bellingrath Lakes 2010 Price Trends
01/15/2011 | 
Author http://www.batonrougehomeappraisal.com/ – Greenwell Springs Central LA Appraisers: Bellingrath Lakes Sudivision 2010 Price Trends Wrap Up!
Overall, there were nine (9) 2010 sales which brought the median sales price higher than 2009′s $304,400 and higher than 2008′s $294,500. In 2010 as compared to 2009, the Average Sales Price has declined 7.8%, Median Sales Price increased 3.5% and Average Sold Price Per Sq. Ft. declined $4.48/sf. There is one (1) foreclosure noted on Lake Stream Drive. And, that unfinished home that sat vacant for about 1 year or more was sold in 2010 for $148,000, an MLS sale, and is being finished. NOTE: If you are considering purchasing a home in Bellingrath Lakes and don’t want to pay too much, I would advise one to order a “Pre-Purchase Appraisal” from Accurate Valuations Group as there are at least two (2) current listings in Bellingrath Lakes well above market support.
Solds In Bellingrath Lakes Subdivision from 1/1/2010 to 12/31/2010 revealed:
Average Sales Price: $293,700 ($318,550 in 2009)
Avg Sold $ Per Sq. Ft.: $119.27/sf ($123.75/sf in 2009)
Median Sold Price: $314,900 ($304,400 in 2009)
Number of “MLS” Sales: 9 (6 in 2009)
Average Number of Days On Market: 102 (188 in 2009)
Low To High: $155,000 to $162,000
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 4, 0 Are Foreclosures
Current Listings Prices: $285,000 to $379,000 or $120/sf to $149/sf. NOTE: The $142/sf listing on Bellingrath Lakes Ave, not on the lake, is grossly overpriced for this market based on the numbers or support above.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 1/10/2011. Yes, this appraiser has obtained permission from GBRAR MLS to use the above pricing chart!
Tags: Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends, Central City, Central La, Greenwell Springs, Bellingrath Lakes
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge FHA Appraisers, Baton Rouge Home Appraisers, Baton Rouge Real Estate Appraisal, Baton Rouge Real Estate Appraisers | 
Tags: Accurate Valuations, Association Of Realtors, Avg, Bellingrath, December 31, Foreclosure, Foreclosures, Greater Baton Rouge, Greenwell Springs, Home Appraisers, Housing Market, January 1, Lake Stream, Median Sales Price, Mls Sales, Nbsp, Price Trends, Reo, Solds, Sq Ft | 
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Prairieville Real Estate Appraisers: Fountain Hill Subdivision 2010 Price Trends
http://www.ascensionrealestateappraisers.com/ – Prairieville Real Estate Appraisers: Fountain Hill Subdivision 2010 Price Trends.
Overall there really isn’t much to report on in 2010. Per GBRAR MLS, there was only 1 2010 sale (and only 1 MLS sale in 2009) in Fountain Hill Subdivision for $383,000 on 8/31/2010 for 3,625sf. This home sold for $105.66/sf as a foreclosure. The photo of this home is directly below. The bank took this home back for a mortgage balance of $344,000 and still sold it for a substantial profit in this market. This appraiser has performed two (2) foreclosure appraisals in Fountain Hill Subdivision in 2010.
My search of 2010 Legal News for Fountain Hill Subdivision also revealed another foreclosure for $246,666 in March 2010. Also per Legal News, there was a lot sale for $79,000 for Lot 60 in 12/2010.
The trend is looking up for 2011 for Fountain Hill Subdivision with one (1) 2011 sale for $450,000 for only 3,184sf or $141.33/sf. Given the past 2.5 years of lackluster and foreclosure activity within Fountain Hill, this was a very, very high sales price for Fountain Hill specificially and shows strength within the Prairieville market. It’s also note here that this was a “Cash Sale” where an appraisal may or may not have been procured to know the true value. This home was on the market for a total of 668 days in two (2) seperate MLS listings. In any event, this is a positive for Fountain Hill, for Northern Ascension Parish and for the Prairieville market in general.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 1/11/2011. Yes, this appraiser has obtained permission from GBRAR MLS to use the above pricing chart!
Tags: Ascension Parish Appraisers, Ascension Parish Home Appraisers, Ascension Parish Real Estate, Ascension Parish Real Estate Appraisers, Prairieville LA, Fountain Hill, 70769
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Real Estate, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Appraisals, Ascension Parish, Association Of Realtors, December 31, Foreclosure, Fountain Hill, Greater Baton Rouge, Home Appraisers, January 1, Lackluster, Legal News, Mls Listings, Mortgage Balance, Nbsp, Photo, Price Trends, Real Estate Appraisers, Substantial Profit, Trend, True Value | No Comments »
Home Appraisers In Prairieville La 70769: Manchac Place Subdivision Home Price Trends in 2010
http://www.ascensionrealestateappraisers.com/ – Home Appraisers In Prairieville La 70769: Manchac Place Subdivision Home Price Trends in 2010
Solds In Manchac Place from 1/1/2010 to 12/31/2010 revealed:
Average Sales Price: $292,618 ($290,000 in 2009)
Average Sold Price Per Sq. Ft.: $99.34/sf ($91.14/sf in 2009)
Median Sold Price: $293,900 ($290,000 in 2009)
Number of Sales: 11 (13 in 2009)
Average Days On Market: 125 (147 Days in 2009)
Low To High: $247,000 to $356,900
Number of Sold REO/Foreclosures Noted In MLS: 2 For $263K and $275K
Current # Listings: 7, 1 Foreclosure, 1 Short Sale
Current Listings Prices: $204,900 To $325,000, $85/sf to $122/sf
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 1/11/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Tags: Ascension Parish Appraisers, Ascension Parish Real Estate, Baton Rouge Real Estate, Ascension Parish Real Estate Appraisers, Ascension Parish Home Appraisers, Prairieville La Home Appraisers, Prairieville La Real Estate Appraisers, Manchac Place
Posted in Baton Rouge Housing Market, Baton Rouge Real Estate, Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours, Trends Baton Rouge Real Estate | Tags: 13 Days, Association Of Realtors, Baton Rouge Real Estate News, December 31, Foreclosure, Foreclosures, Gbrmls, Greater Baton Rouge, Home Appraisers, Home Price Trends, January 1, Manchac, Median, Mls, Nbsp, Prairieville La Real Estate, Real Estate Appraisers, Reo, Solds, Sq Ft | No Comments »
Baton Rouge Real Estate Trends: 2010 East Baton Rouge Residential Building Permits Down 10% From 2009
http://www.batonrougerealestatetrends.net/ – Baton Rouge Real Estate Trends Dot Net: December 2010 East Baton Rouge Residential Building Permit Numbers
RESIDENTIAL PERMITS DECLINE In 2010! As a whole, residential building permits are down from 2,184 in 2009 versus 1,964 in 2010, a decline of 220 permits or -10% (includes all residential permit types). December 2010 versus December 2009 saw an increase from 177 in 12/2009 to 201 in 12/2010.
DECEMBER 2010 RESIDENTIAL SFR PERMITS TOTAL “53″! For Residential Permits only for “Single Family Residences”, December 2010 saw 53 permits issued versus 44 for November 2010.
NOTE: Top Image Source: www.remodeling-sanantonio.com
Tags: Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends, Baton Rouge Realtor, Baton Rouge Realtors, East Baton Rouge Residential Building Permits
Posted in Baton Rouge Homes, Baton Rouge Housing Market, Baton Rouge Real Estate, Real Estate Baton Rouge, Residential Building Permits | Tags: Baton Rouge Real Estate News, Baton Rouge Realtor, Building Permit, Building Permits, Decline, Dot Net, East Baton Rouge, Family Residences, Housing Market, Nbsp, Real Estate Trends, Realtors, Residential Building, Sanantonio, Sfr, Single Family, Top Image | No Comments »
Baton Rouge Homes: Millbrook Subdivision 2010 Home Sales Price Trends
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Homes: Millbrook Subdivision 2010 Home Sales Price Trends
Solds In Millbrook Subdivision from 1/2010 to 12/31/2010 revealed:
Average Sales Price: $229,300 ($254,000 in 2009)
Average Sold Price Per Sq. Ft.: $125.23/sf ($120.97/sf in 2009)
Median Sold Price: $235,000 ($254,000 in 2009)
Number of Sales: 3 (2 in 2009)
Average Number of Days On Market: 109 (100 in 2009)
Low To High: $215,000 to $238,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 1, 0 Are Foreclosures
Current Listings Price: $226,000 or $128/sf (Notice this listing is generally priced $7/sf above 2010 support in Millbrook)
For the numbers above, one must keep in mind the sizes of the homes sold. In 2009, there were 2 homes sold averaging 2,103sf living area size. The 3 2010 solds averaged 1,831sf, 272sf smaller than the 2009 solds. Thus, it would make sense for the 2009 median sales price to be higher.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to December 31, 2010. This information was extracted on 1/1/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Tags: Baton Rouge Estate Appraisers, Baton Rouge FHA Appraisers, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends,
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Housing Market, Baton Rouge Pre-Listing Appraisals, Baton Rouge Real Estate | Tags: Association Of Realtors, Baton Rouge Real Estate News, December 31, Estate Appraisers, Fha, Foreclosures, Gbrmls, Greater Baton Rouge, Homes Sold, Housing Market, January 1, Median Sales Price, Mls, Nbsp, Price Trends, Real Estate Trends, Reo, Sq Ft, Would Make Sense, Www Homes | No Comments »
Baton Rouge Housing Trends: Shenandoah Hills Subdivision 2010 Home Prices Increase
http://www.batonrougerealestateappraisers.net/ – Baton Rouge Housing Trends: Shenandoah Hills Subdivision 2010 Home Prices Increase!
Solds In Shenandoah Hills Subdivision from 1/2010 to 12/31/2010 revealed:
Average Sales Price: $146,357 ($133,260 in 2009)
Average Sold Price Per Sq. Ft.: $108.12/sf ($99.34/sf in 2009)
Median Sold Price: $149,500 ($132,500 in 2009)
Number of Sales: 7 (5 in 2009)
Average Number of Days On Market: 44 (48 in 2009)
Low To High: $129,900 to $152,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 3, 0 Are Foreclosures
Current Listings Price: $140,900 to $150,900 or $105 to $113/sf
The Median Sales Price has increased from $132,500 in 2009 and $144,000 in 2008 to $149,500 in 2010.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to December 31, 2010. This information was extracted on 1/1/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Tags: Baton Rouge Estate Appraisers, Baton Rouge FHA Appraisers, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends,
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Divorce Appraisal, Baton Rouge FHA Appraisers, Baton Rouge Home Appraisers, Baton Rouge Housing Market | Tags: Association Of Realtors, Baton Rouge Real Estate News, December 31, Estate Appraisers, Fha, Foreclosures, Gbrmls, Greater Baton Rouge, Housing Market, January 1, Median Sales Price, Mls, Nbsp, Price Trends, Real Estate Trends, Reo, Shenandoah, Shenandoah Hills, Sq Ft, Trends Report | No Comments »
Greater Baton Rouge Housing Statistics: Central’s The Northwoods Subdivision 2010
http://www.batonrougerealestatetrends.net/ – Greater Baton Rouge Housing Statistics: Central’s The Northwoods Subdivision 2010
Solds In The Northwoods from 1/2010 to 10/07/2010 revealed:
Average Sales Price: $221,617 ($155,288 in 2009)
Average Sold Price Per Sq. Ft.: $107/sf ($107/sf in 2009)
Median Sold Price: $226,950 ($148,450 in 2009)
Number of Sales: 3 (8 in 2009)
Average Number of Days On Market: 86
Low To High: $208,000 to $229,900
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 5, 1 Foreclosure
Current Listings Prices: $121,900 To $215,000
NOTE: The Northwoods is a difficult market to report in terms of the broad range of home sizes, styles and price ranges. For example, the current listings are from $121,900 up to $215,000, a gap of $93,000, which is quite unusual. As is the median sales price in 2009 being $148,450 and then in 2010 being $226,950. This isn’t necessarily because home values have increased but rather because 3 of the larger and newer homes sold in 2010 and none on the smaller cheaper priced home did sell.
LESS SALES, SLOWER MARKET. It’s noteworthy that there were 8 sales in 2009 and only 3 so far into 2010.
Data used with permission of the GBRAR MLS from dates 1/1/2009 to 10/07/2010, extracted on 10/07/2010
Posted in Baton Rouge Home Appraisers, Baton Rouge Housing Market, Baton Rouge Pre-Listing Appraisals, Central Louisiana 70818, Central Louisiana Appraisers, Central Louisiana FHA Appraisers, Central Louisiana Real Estate, Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Foreclosure, Foreclosures, Gap, Gbrar Mls, Greater Baton Rouge, Home Values, Homes Sold, Housing Statistics, Median Sales Price, Nbsp, Northwoods, Price Ranges, Reo, Solds, Sq Ft, Statistics Central | No Comments »
Appraisers In Baton Rouge Report The Housing Numbers: Wimbledon Estates 2010
http://www.batonrougehomeappraisal.com/ – Appraisers In Baton Rouge Report The Housing Numbers: Wimbledon Estates 2010
Solds In Wimbledon Estates from 1/2010 to 10/08/2010 revealed:
Average Sales Price: $208,750 ($215,500 in 2009)
Average Sold Price Per Sq. Ft.: $95/sf ($99/sf in 2009)
Median Sold Price: $198,250 ($220,000 in 2009)
Number of Sales: 4
Average Number of Days On Market: 65
Low To High: $173,500 to $265,000
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 2, 0 Are Foreclosures
Current Listings Prices: $259,900 To $298,999
Data was used with the permission of the GBRAR MLS from search dates 1/1/2005 to 10/07/2010, extracted on 10/7/2010.
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Divorce Appraisal, Baton Rouge Divorce Appraisals, Baton Rouge FHA Appraisers, Baton Rouge Housing Market, Baton Rouge Pre-Listing Appraisals | Tags: Appraisers, Baton Rouge, Current, Foreclosures, Gbrar Mls, Median, Nbsp, Reo, Search Dates, Solds, Sq Ft, Wimbledon | No Comments »
Baton Rouge Real Estate Trends: Tuscany Villas Subdivision 2010 Trend 70817
http://www.batonrougerealestateappraisers.net/ – Baton Rouge Real Estate Trends: Tuscany Villas Subdivision 2010 Trend 70817
Solds In Tuscany Villas 1/1/2010 to 9/13/2010 revealed:
Average Sales Price: $184,792
Average Sold Price Per Sq. Ft.: $125.21/sf
Median Sold Price: $185,500
Number of Sales: 6
Low To High: $180,000 to $188,000
Current # Listings: 2
Current Listings Prices: $189,900 To $191,900
THE TREND: The trend since 2009 is a lower average and median sold price and lower price per sq. ft., but based on only 1 sold in 2009. In 2009, there was one sale (1) for $198,000 or $131/sf. In 2008, there were 3 solds averaging $126/sf, average solds of $187,333 and median solds of $190,000. So, it appears that 2010 sales have softened somewhat the average and median sold prices and average sold price per square foot.
Tags: Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends, Real Estate Baton Rouge, Tuscany Villas, Trends Baton Rouge Real Estate, 70817
Baton Rouge Real Estate Minute Launches, Provides 1 Minute Video Updates, Your Questions?
http://www.batonrougerealestateminute.com/ - Baton Rouge Real Estate Minute Lanches, Provides 1 Minute Video Updates on local residential Baton Rouge Real Estate. What topics or subdivisions would you like updates on?
Tags: Baton Rouge Real Estate, Baton Rouge Homes, Baton Rouge Housing, Real Estate Baton Rouge, Greater Baton Rouge Real Estate, Baton Rouge Real Estate Buzz, Baton Rouge Real Estate Minute, Baton Rouge Real Estate Trends