20 Ascension Parish 2013 Home Sales Facts

20 Ascension Parish 2013 Home Sales Facts

Here are Twenty (20) quick statistics for the Ascension Parish Louisiana Housing Market for all of 2013 and considering that Interest rates went up over 1% in 2013. The information below is for ALL type property types. Includes The Top 20 Best Selling Subdivisions.

BONUS FACT: Going into 2014, there are 283 Pending Listings, which is a very good sign for Ascension Parish Louisiana economy, furniture sales, home improvement center sales, etc..

20 Ascension Parish Louisiana 2013 Home Sales Facts
20 Ascension Parish Louisiana 2013 Home Sales Facts

1.) Total Number of Ascension Parish Home Sales 1705

2.) Number of Sales increased by 260 or +18%, from 1445 in 2012 to 1705 in 2013.

3.) Dollar Sold Volume increased by 23% rounded, $292,133,760 in 2012 versus $358,403,246 in 2013

4.) Average sales price INCREASED 4% in 2013, $202,168 in 2012 to $210,207 in 2013

5.) Median sales price INCREASED in 2013 4.3%, $185,000 in 2012 to $193,000 in 2013

6.) Average price per square foot INCREASED $4/SF OR 4% in 2013, $102/sf in 2012 versus $106/sf in 2013

7.) Total Number of NEW Home Sales 561

8.) New Home Sales Make Up 33% of ALL sales

9.) Number of Distressed Home Sales were 236 in 2013 or 14%

10.) Distressed Sales DECREASED by 15% in 2013, from 279 in 2012 to 236 in 2013

Ascension Parish Home Sales 2013 by GBRMLS Area

11.) Days on market it takes to sell a home improved by 31 days, averaging 92 days in 2013.

12.) Listing To Sales Price Ratio remained at 98%.

13.) Cash Sales made up 11% of ALL sales in 2013 or 193 sales, an INCREASE over 2012’s 155 Cash Sales.

14.) FHA sales INCREASED 13% despite FHA implementing Permanent Mortgage Insurance for the life of the loan, 286 sales in 2012 versus 323 sales in 2013.

15.) Foreclosure Sales DECREASED by 24% in 2013, 215 in 2012 versus 164 in 2013.

16.) Number of Home Sales Over $250,000 433 or 25% of all sales.

17.) Number of Home Sales Over $400,000 52 or 3% of all sales.

18.) Lowest Sales Price $10,000.

19.) Highest Sales Price $1,075,000.

20.) Top 20 Selling Subdivisions in 2013 were:

Keystone Of Galvez 103 Sales
Rural Tract 89 Sales
Pelican Point 68 Sales
Stonegate Manor 66 Sales
Bullion Crossing 56 Sales
Lakes Summerset 56 Sales
Greystone 45 Sales
River Ridge 32 Sales
West Creek Estates 25 Sales
Maplewood Estates 23 Sales
Manchac Commons 21 Sales
Manchac Harbor 21 Sales
Wests Ridge 20 Sales
Hidden Haven 19 Sales
Renaissance 19 Sales
Old Mill 16 Sales
Shadows of Ascension 16 Sales
Seven Oaks 15 Sales
Moss Pointe 14 Sales
Parks of Dutchtown 14 Sales

Ascension Parish Home Appraisals

BONUS FACT: Going into 2014, there are 283 Pending Listings, which is a good sign for Ascension Parish Louisiana economy, furniture sales, home improvement center sales, etc..

NOTE: Distressed Sales are Auction, Third Party, Foreclosure, REO, Corporate Relocation, Short Sale, Estate, Lis Pendens, Court Approved Sales.

NOTE: Average Days On Market I’m reporting is Average Continuous Days On Market.

GREATER BATON ROUGE REAL ESTATE DATA NOTE:
Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2012 to 12/31/2013, extracted on 02/05/2014.

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