Prairieville Housing Trends: Jefferson Crossing Prices Correct In 2011. Since the Federal Tax Credit Expiration in May 2010, the number of home sales has been on the decline. A recent home appraisal in and analysis of Jefferson Crossing revealed this interesting finding. From 2007 to 2011, the median sales price has continued to decline slowly. From 2007 to 2010, the median sales prices were $313,700, $299,000, $303,500, $338,000 and in 2011 it’s currently $289,000 based only on 5 sales. Again, this is only based on 5 sales in the first 4.5 months of 2011. In 2010, there were 11 Continue reading Prairieville Housing Trends: Jefferson Crossing 2007-2011 Report
http://www.facebook.com/ascrebuzz – Prairieville Home Appraisals Reports On Les Chenier Subdivision 2011. So far, only one (1) home sale in 2011, a foreclosure for $155,000. I had a local real estate agent contact me last week asking for a update on Les Chenier Subdivision as there really hasn’t been much home sales activity in this development, but a development that has experienced some REO or foreclosure activity. This development has puzzled me for several years as to how it climbed so high in home prices after Hurricane Katrina for these smaller homes. The Median Sales Prices from 2005 to 2010 climbed Continue reading Prairieville Home Appraisals Reports On Les Chenier Subdivision 2011
http://www.batonrougerealestateminute.com/ – Ascension Real Estate Minute The Lake At Manchac 2010 Housing Review Total # 2010 Sales: 3 Average Sales Price: $258,833 Median Sales Price: $255,000 Average Sold Price: $127.25/sf Average List To Sale Price Ratio: 98.3% Average Days On Market: 88 One 2011 Foreclosure or Below Market Sale for $227,900 or $106/sf NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to 3/18/2011. This information was extracted on 3/18/2011.
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. Continue reading Prairieville Real Estate Appraisers: Fountain Hill Subdivision 2010 Price Trends
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 Continue reading Home Appraisers In Prairieville La 70769: Manchac Place Subdivision Home Price Trends in 2010
http://www.ascensionrealestateappraisers.com/ – FHA Appraisers In Ascension Parish: The Lakes At St Amant Sudivision 2010 Price Trends. Overall lower indicators based on a continued market correction from post Hurricane Katrina 2007 Highs. In 2007, the average sales price was $221,000 and in 2010 it was $206,181! In 2010 as compared to 2009, the Average Sales Price is down 3.4%, Median Sales Price is down 5.6% and Average Sold Price Per Sq. Ft. is down 5.9%. Solds In The Lakes At Saint Amant Subdivision from 1/1/2010 to 12/31/2010 revealed: Average Sales Price: $206,181 ($213,317 in 2009 or -3.35%) Avg Sold $ Per Continue reading FHA Appraisers In Ascension Parish: The Lakes At St Amant Sudivision 2010 Price Trends
http://www.ascensionrealestateappraisers.com/ – Greater Baton Rouge Real Estate Trends: Manchac Place September 2010 Update Solds In Manchac Place from 1/1/2010 to 9/8/2010 revealed: Average Sales Price: $301,543 Average Sold Price Per Sq. Ft.: $103.89/sf Median Sold Price: $305,000 Number of Sales: 7 Average Days On Market: 74 Low To High: $247,000 to $356,900 Number of Sold REO/Foreclosures Noted In MLS: 0 Current # Listings: 5, 1 Foreclosure Current Listings Prices: $272,000 To $295,000, Average $99.86/sf or $88/sf for the larger homes to $112/sf for the smaller living area homes NOTE: Data Used With Permission of the GBRAR GBRMLS. Data was extracted Continue reading Greater Baton Rouge Real Estate Trends: Manchac Place September 2010 Update
http://www.ascensionrealestateappraisers.com/ – Don Stern: Ascension Parish Louisiana Real Estate – First Quarter 2010 Market Update Coldwell Banker Mackey Company Realtor, Don Stern, releases the Q1 2010 Ascension Real Estate Update here! This is a very detailed update with multiple charts. I would encourage readers to visit Don Stern Real Estate Website, view his expert content and leave a comment. Subscribe to his free newsletter. Check out the ASC Flood Maps. Check out Don Stern’s Real Estate Blog on Active Rain Network! Don makes the statement that he’s not sure if the ASC market is seeing a bottom in declining prices Continue reading Don Stern: Ascension Parish Louisiana Real Estate – First Quarter 2010 Market Update