Baton Rouge Housing Market Week In Review January 29-February 4, 2012

http://www.batonrougehousingreports.com/ - Baton Rouge Housing Market Week In Review January 29-February 4, 2012. Housing numbers and interesting facts.

Greater Baton Rouge Housing Statistics:

LISTINGS:

Total Current Listings: 5,009

Foreclosure Listings: 481 or 10% of total listings

3rd Party Active Listings: 316 or 6% of total listings

Short Sale Active or Potential SS Listings: 179 or 4% of total listings

SOLDS:

Total Number of Solds: 105

Foreclosures Sold: 23 or 22% of Solds

3rd Party Solds: 12 or 11% of total solds

Short Sales Solds: 20 or 19% of total solds

Foreclosure, 3rd Party and Short Sales Solds: 55 or 52% of all solds

Low To High Sales Prices: $18,000 to $1,300,000

Photo of $1,300,000 Home Sale

New Home Sales: 26 or 25% of all sales

East Baton Rouge MLS Area with most home sales: 43 with 17 sales

CUMULATIVE TOTALS FOR 2012

Total Number of Sales: 429

ASCENSION: 92

EAST BATON ROUGE: 221

EAST FELICIANA: 0

LIVINGSTON: 89

IBERVILLE: 3

POINTE COUPEE: 10

WEST BATON ROUGE: 13

WEST FELICIANA: 1

NOTE: 97% of Home Sales Took Place in ASC, EBR, LIV and WBR Parishes, which is why I don't understand WHY there's an "8" Parish MSA.

Foreclosures Sold: 105 or 24% of Solds

3rd Party Solds: 54 or 11% of total solds

Short Sales Solds: 72 or 16% of total solds

Foreclosure, 3rd Party and Short Sales Solds: 231 or 54% of all solds

AVERAGE SALES PRICES FOR LOCAL PARISHES:

EAST BATON ROUGE: $200,113 (Jumped because of $1,300,000 sale)

ASCENSION: $197,096

LIVINGSTON: $146,246

OTHER: $168,476

MEDIAN SALES PRICES FOR LOCAL PARISHES:

EAST BATON ROUGE: $163,000

ASCENSION: $179,900

LIVINGSTON: $140,000

OTHER: $169,900

AVERAGE DAYS ON MARKET (CONTINUOUS):

EAST BATON ROUGE: 124

ASCENSION: 123

LIVINGSTON: 162

OTHER: 151

LISTING-TO-SALES PRICE RATIO (What Percent Below Listing Price Home Sell For):

EAST BATON ROUGE: 97%

ASCENSION: 99%

LIVINGSTON: 97%

OTHER: 95%

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2012 to 02/04/2012. This information was extracted on 02/05/2012.