Baton Rouge Realtor Homes

Archive for the ‘baton rouge realtors’ Category

http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: 21103 Waterfront East Dr Diversion Canal

http://www.batonrougehomeappraisal.com/ - Baton Rouge Real Estate Buzz: Woodlawn Estates Median Sales Price Declines Into 2010

In MLS Area 43, near Shenandoah Area, the Woodlawn Estates Subdivision was developed in late 1970′s. Based on the chart below, the average sales price, median sales price and average sold price per sq. ft. has been declining since the post Hurricane Katrina highs. From 2009 to 2010, the average sales price has declined -8.4%, median sales price has declined -5.3% and average sold price per sq. ft. has declined by -$2.6%.

This is the contradictory charting based on all Woodlawn Estates sales in GBRAR MLS since 1/1/2007. According to this charting, the median sales price has increased since June 2009. I do believe the chart above is more accurate.

This is chart below is from a recent appraisal in Woodlawn Estates of an 1840sf 4 bedroom home. The chart is based on MLS Area 43 sales comparable to the home appraised from 6/1/2008 to 6/26/2010, 1700sf to 2050sf. According to this charting, the median sales price has increased since June 2009 by approximately 3%. So, it appears that two motivated sales may have taken place in Woodlawn Estates in 2010, which lowered the overall indicators.

Possibly Oversupply of Potential Competing Listings? I do know that the marketing time period appears to be increasing after the tax credit expiration. Also, for the appraisal completed in Woodlawn Estates, there were 25 competing listings with only 51 competing solds in the past 12 months. So, there’s at least 50% of the number of homes sold since 6/2009 on the market currently. And, this doesn’t include FSBO Listings. If competing FSBO listings were included, the number of competing listings could be closer to 30 to 35.

Information is used with permission of the GBRBR MLS. Period covered is 1/1/2007 to 6/26/2010. Date of data extraction was 6/26/2010!

Tags: Baton Rouge Real Estate, Baton Rouge Homes, Woodlawn Estates, Homes In Baton Rouge, 70817, Baton Rouge FSBO, FSBOBR.com

http://www.batonrougehomeappraisal.com/ – Baton Rouge Housing Statistics: LSU Heatherstone Townhomes 70820

Heatherstone is a townhome development located near LSU off Brightside Drive 70820. According to MLS, the living area sizes vary from 1,474sf up to 2,280sf and ages vary from 11-15 years to 31-40 years old, from approximately 1973 to 1994. Since 1/1/2009, the Average Sales Price has been $156,417, Average Sold Price Per Sq. Ft. $87.31/sf, Median $156,500, Low $135,000, High $182,500 and Average Days On Market 108 Days.

The Chart Below Is Showing A -2.25% Decline In Median Sales Price From June 2009 to June 2010.

Data used with permission of the Greater Baton Rouge Board of Realtors. Data extraction date 06/21/2010, from 1/1/2007 to 06/21/2010.

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Housing Statistics June 2010 Update: River Oaks Subdivision 70819

Solds In River Oaks from 1/09 to 6/19/10 revealed:
Average Sales Price: $129,370
Average Sold Price Per Sq. Ft.: $87/sf
Median Sold Price: $132,500
Number of Sales: 10
Low To High: $78,000 to $158,000
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 5
Current Listings Prices: $118,000 To $225,000

Author’s Bio:

Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:

Office: 225-293-1500, Cell: 225-953-0638

Fax: 1-866-663-6065

info@accuratevg.com

http://www.accuratevg.com/

http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz Video: Carrington Place June 2010

http://www.batonrougerealestateappraisal.com/ – Buying A Baton Rouge Foreclosure? Watch This Renovation Loans Video By Real Estate Broker John Jones.

http://www.accuratevg.com/ – Greater Baton Rouge Real Estate Pre-Foreclosure Driveby Inspection Process

In this video, Greater Baton Rouge Home Appraiser, Bill Cobb, performs a pre-foreclosure driveby inspection somewhere in Baton Rouge.

http://www.gbrprelistingappraisals.com/ – Baton Rouge Homeowner Loses $15,000 By Not Getting Pre-Listing Appraisal

Another Baton Rouge Homeowner Loses Money By Not Getting Appraisal. In June 2010, a Greater Baton Rouge homeowner is losing $15,000 in equity, selling FSBO or For Sale By Owner, by not getting a Pre-Listing Appraisal. No, this isn’t a distressed sale.

http://www.batonrougerealestateappraisal.com/ - Baton Rouge Real Estate News: Riverbend Landing May 2010 Report. Data provided with permission of the Greater Baton Rouge Board of Realtors and extracted on 6/11/2010 in MLS Area 52 for Riverbend Landing.

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Buzz Video: May 2010 Shows A Stable Market

Today is June 9, 2010 and by this time, the solds for May 2010 would have been reported within the local GBRAR MLS related to the $8,000 Tax Credit. The video below was prepared by Tony Zito, with Zito Real Estate Group, and shares the number of pending sales for each month from February 2010 to today on June 8 2010. Tony also shares the sales for each May from 2004 to this past May 2010. Be sure to check out Tony’s Blog @ http://perfectbatonrougerealestate.com/

The questions in my mind are these:

1.) What impact did the $8,000 Tax Credit have on Greater Baton Rouge area home sales in 2010 leading up to the April 30 deadline? In the video below, I think you’ll find that it had a significant impact on local home sales.

2.) Was our market functioning based solely on this government stimulus and will home sales drop off after this stimulus has been removed? The answer to this question and concern will be answered by the market in the coming months.