Home Appraisers In Ascension Parish: Ascension Trace 2010 Home Sales Price Trends

http://www.ascensionrealestateappraisers.com/ – Home Appraisers In Ascension Parish: Ascension Trace Sudivision 2010 Home Sales Price Trends. Overall lower indicators based on three (3) MLS foreclosure sales.

ascension-trace-map

DCP 5208

5178 HEMINGWAY DR

Solds In Ascension Trace Subdivision from 1/1/2010 to 12/31/2010 revealed:

Average Sales Price: $162,859 ($165,950 in 2009 -1.86%)
Avg Sold $ Per Sq. Ft.: $81.17/sf ($90.68/sf in 2009 -10.5%)
Median Sold Price: $165,000 ($171,500 in 2009 -3.8%)
Number of “MLS” Sales: 11 (12 in 2009)
Average Number of Days On Market: 220 (85 in 2009)
Low To High: $129,900 to $198,000
Number of Sold REO/Foreclosures Noted In MLS: 3
Current # Listings: 9, 1 Is A Foreclosure
Current Listings Prices: $129,900 to $185,000 or $72/sf to $112/sf.

NOTE: See that it took the average home in 2010 “220” days on the market to sell!

ascension-trace-price-trends

The above chart is based on the median sales prices of all 108 GBRMLS reported solds from 1/1/2006 to 12/31/2010. Since 1/2006, the median sold price has increased by 14.86%. Since 1/2010, the median sold price has increased by 2.36%, which is positive for this market!

Since 1/1/2006, there have been 6 REOs or foreclosures that were listed and sold through MLS or that were disposed through Agents. This doesn’t mean that there have only been 6 total foreclosures!

ascension-trace-reo-activity

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to December 31, 2010 (with historical look back to 1/1/2006). This information was extracted on 1/1/2011.

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