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Posts Tagged ‘Real Estate Trends’

Baton Rouge Real Estate Trends

West Baton Rouge Home Appraisers VIDEO: Missouri Acres Addis Report For 2009-2010

http://www.westbatonrougeappraiser.com/ – West Baton Rouge Home Appraisers VIDEO: Missouri Acres Subdivision in Addis Louisiana Report For 2009-2010

In Missouri Acres in 2009-2010, the median sales price for the 5 GBRMLS sales was $238,000 with an average sold price of $119.64/sf. The low to high sales prices were $219,000 to $258,000. However, this market is very slow and the days on the market it takes to sell a home has been increasing over the past two (2) years above the $225,000 price ranges.

Missouri Acres Addis La YouTube

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Missouri Acres Addis La 70710

West Baton Rouge Real Estate Appraisers is an information source provided by local West Baton Rouge Parish Home Appraiser, Bill Cobb, and Accurate Valuations Group West. Bill has 20 years experience as a residential appraiser and updates his local network of sites weekly with reports, videos and audio reviews of local housing market conditions! Some of the videos on this site are housing market updates provided by Bill himself and others are videos of local homes for sale by area Agents.

http://www.batonrougerealestatebuzz.com/ is also a helpful resource for local West Baton Rouge Real Estate Buzz!

While Baton Rouge Real Estate Trends Dot Net reports on the broad or macro Greater Baton Rouge Housing Markets, Baton Rouge Market Metrics Dot Com reports on the individual subdivisions within the four (4) local Parishes that make up the Greater Baton Rouge Housing Market.

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 02/13/2011.

Baton Rouge Real Estate Trends

Baton Rouge New Housing Trends: January 2011 East Baton Rouge Residential Building Permits Down

http://www.batonrougerealestatetrends.net/ – Baton Rouge New Housing Trends: January 2011 East Baton Rouge Residential Building Permit Numbers Released

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RESIDENTIAL PERMITS DECLINE Were Down In 2010! As a whole, residential building permits were 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.

ANY IMPROVEMENT IN JANUARY 2011? NO! According to EBRP Department of Public Works Permit Office, “Building permits are down from 1,763 in December 2010 to 1,673 in January 2011.” For Residential ONLY, there were 30 permits issued for Single Family Residences and 62 for Additions-Remodeling for a total of 92 permits. This is a -36% decrease compared to the 143 permits issued in January 2010. And, this is -48% decrease compared to the 177 permits issued in December 2010. However, December 2010 did see an odd “88″ permits for “Duplexes”, which was more than any recorded in recent history.

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NOTE: Top Image Source: www.remodeling-sanantonio.com

 

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Trends Q4 2010: La Foreclosures Low Compared To Most States

http://www.batonrougerealestatetrends.net/ – Greater Baton Rouge Real Estate Trends: La Foreclosures Low Compared To Most States.

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The LREC or Louisiana REALTORS (source) is reporting on the state of Louisiana foreclosures as of fourth quarter 2010. There report is below.

lrec on foreclosure numbers at end of q4 2010

 

lrec on foreclosure numbers at end of q4 2010a

 

lrec on foreclosure numbers at end of q4 2010b

Baton Rouge Real Estate Trends

Baton Rouge Home Appraisal Blog: Cameron’s Corner Offers New Custom Townhomes For Central Community

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Home Appraisal Blog: Cameron’s Corner Offers New Custom Townhomes For Central Community. These new units are great compliment to the Central Community!

Camerons Corner 12611 Core Lane Baton Rouge LA 70818 Central LA Patterson Homes Builder (4)

As I was driving into Rambling Oaks Subdivision the other day, I noticed a new set of really nice Townhomes. I pulled into the development to see that the builder developer was Patterson Homes.

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tjI contacted the Listing Agent, Treshur Jones @ 225-954-2460 to inquire about this new development. According to Treshur, “I am very pleased with the project and also think they are a great addition to the Central community!!” Also, Treshur stated, “2 are pending and I am currently waiting on the third contract right now. The HOA dues are now $800 for the year and that includes their insurance.”

There are 5 new townhomes ranging in living area sizes from 1,263sf, 1,383sf to 1,399sf listed from $145,900, $149,900, $159,000 and $164,900. The features are listed below from the GBRMLS sheets. From the online MLS photos, it appeared these were more upscale units with slab granite counters, upgraded appliances, really nice.

“GREAT ONE STORY TOWNHOMES IN THE HEART OF CENTRAL! HOMES HAVE OPEN FLOORPLANS WITH STAINLESS STEEL APPLIANCES & OIL RUBBED BRONZE FIXTURES. LARGE MASTER BEDROOM WITH LARGE CLOSET. MASTER BATH HAS DOUBLE SINKS. CONVENIENT COMPUTER NOOK. ENCLOSED GARAGE WITH PRIVATE COURTYARD ENTRANCE. PRIVACY FENCE IN BACK.”

Camerons Corner 12611 Core Lane Baton Rouge LA 70818 Central LA Patterson Homes Builder (2)

Camerons Corner 12611 Core Lane Baton Rouge LA 70818 Central LA Patterson Homes Builder (3)

 

Rambling Oaks Subdivision Entrance Baton Rouge LA 70818

 

Camerons Corner 12611 Core Lane Baton Rouge LA 70818 Central LA Patterson Homes Builder (5)

 

camerons corner townhomes

 

These new units are great compliment to the Central Community! Bill Cobb, Appraiser

Bill Cobb Appraiser Baton Rouge

 

 

 

 

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Baton Rouge Real Estate Trends

Baton Rouge Home Appraisal Video: 2010 Village St. George Subdivision Update

http://www.batonrougehomeappraisal.com/ – Baton Rouge Home Appraisal Video: 2010 Village St. George Subdivision Update

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13565 Honey Drive Baton Rouge LA 70810

Solds In Village St George Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $125,857 ($126,909 in 2009)
Average Sold Price Per Sq. Ft.: $89.61/sf ($86.39/sf in 2009)
Median Sold Price: $129,000 ($123,000 in 2009)
Number of Sales: 21 (11 in 2009)
Average Number of Days On Market: 94 (67 in 2009)
Low To High: $79,000 to $160,000
Number of Distressed Sales Noted In MLS: “3″
Current # Listings: 11, 3 Are Distressed Listings
Current Listings Price: $89,900 to $149,900 or $61/sf to $120/sf

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NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2007 to December 31, 2010. This information was extracted on 1/31/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Appraisal Video: 2010 Monticello Subdivision Report

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal Video: 2010 Monticello Subdivision Report

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Monticello Subdivision Entrance Sign Baton Rouge LA 70814

4520 SCARBOROUGH DR Baton Rouge LA 70814

Solds In Monticello Subdivision from 1/2010 to 12/31/2010 Home Ages 16-20 +revealed:

Average Sales Price: $133,350 ($154,573 in 2009)
Average Sold Price Per Sq. Ft.: $75.09/sf ($90.92/sf in 2009)
Median Sold Price: $145,000 ($150,500 in 2009)
Number of Sales: 12 (12 in 2009)
Average Number of Days On Market: 79 (130 in 2009)
Low To High: $82,000 to $168,500
Number of Distressed Sales Noted In MLS: “4″
Current # Listings: 12, 6 Are Distressed Listings
Current Listings Price: $64,900 to $185,000 or $50/sf to $96/sf

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NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2007 to December 31, 2010. This information was extracted on 1/301/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Appraisal: 2010 Park Forest E Subdivision Market Metrics

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal: 2010 Park Forest E Subdivision Metrics

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11138 Flamingo Drive Baton Rouge LA 70814

 

Solds In Park Forest East Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $109,878 ($133,242 in 2009)
Average Sold Price Per Sq. Ft.: $72.47/sf ($83.45/sf in 2009)
Median Sold Price: $135,000 ($135,000 in 2009)
Number of Sales: 11 (12 in 2009)
Average Number of Days On Market: 95 (130 in 2009)
Low To High: $39,900 to $145,000 (Yes, A Home Sold For $39,900)
Number of Sold REO/Foreclosures Noted In MLS: “5″
Current # Listings: 8, 3 Are Distressed Listings
Current Listings Price: $89,900 to $147,400 or $59/sf to $98/sf

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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 1/31/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Minute: Comite Hills West Subdivision 2010 Housing Update

http://www.batonrougerealestateminute.com/ - Baton Rouge Real Estate Minute Comite Hills West Subdivision 2010 Housing Update

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Appraisal: Country Club Estates Home Sales Summary

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Home Appraisal Blog: 2010 Country Club Estates Home Sales Report

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Country Club Estates is conveniently located near the center of Baton Rouge, near Bocage Area and generally within the Baton Rouge Garden District!

2640 Brentwood Drive Baton Rouge LA 70809

8611 Marcel Avenue Baton Rouge LA 70809

Solds In Country Club Estates Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $155,650 ($154,000 in 2009)
Average Sold Price Per Sq. Ft.: $120.28/sf ($115.78/sf in 2009)
Median Sold Price: $158,500 ($155,000 in 2009)
Number of Sales: 5 (3 in 2009)
Average Number of Days On Market: 80 (48 in 2009)
Low To High: $131,900 to $177,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 3, 0 Are Foreclosures
Current Listings Price: $134,900 to $299,000 or $118/sf to $132/sf

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8460 Cullen Avenue Baton Rouge LA 70809

8585 Barnett Drive Baton Rouge LA 70809 (1)

2830 Brentwood Drive Baton Rouge LA 70809

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 1/14/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends

Baton Rouge Home Appraisal Blog: What Recession? Capital Heights Home Prices Continue Increasing

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Home Appraisal Blog: Capital Heights Home Sales Prices Increasing

Older, well built Cottage style homes where the wood floors creek! Tree lined street where your neighbors actually know one another! This is Capital Heights. Stephanie Riegel with Baton Rouge Business Report wrote about this market in 2007 here, “Old Neighborhood, New Heights“. And, the home prices in this market, during a national economic recession, continue to increase!

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768 Glenmore Avenue Baton Rouge LA 70806

Solds In Capital Heights Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $194,343 ($190,716 in 2009)
Average Sold Price Per Sq. Ft.: $148.88/sf ($131.99/sf in 2009)
Median Sold Price: $200,000 ($195,000 in 2009)
Number of Sales: 23 (29 in 2009)
Average Number of Days On Market: 110 (88 in 2009)
Low To High: $123,000 to $329,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 10, 0 Are Foreclosures
Current Listings Price: $159,900 to $319,900 or $116/sf to $201/sf

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646 Ingleside Drive Baton Rouge LA 70806

5206 Capital Heights Avenue Baton Rouge LA 70806

854 Glenmore Avenue Baton Rouge LA 70806

 

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 1/14/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends
Baton Rouge Real Estate Trends