About East Baton Rouge Parish, LA

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.

Beautiful golf course view from this spacious Baton Rouge Capital Heights area home. Mother-in-law unit with full kitchen and separate entrance. Main floor living with chef's kitchen, formal dining room, three bedrooms and a master bedroom with walk-in closet and luxury bathroom. Located within minutes of shopping and I-10 access.

http://www.5243greenside.com/

http://www.orhp.com/ - Greater Baton Rouge Homeowners and Real Estate Professionals Benefit from Home Warranties!

If a home develops a mechanical problem during the first year of ownership, when home buyers have recently depleted their expendable cash to purchase and furnish their new home, a home warranty can be a life-saver! Since home warranties cover the majority of the cost to repair or replace covered items, a comprehensive home warranty is a great tool to budget for repairs.

If a home develops a mechanical problem during the first year of ownership, when home buyers have recently depleted their expendable cash to purchase and furnish their new home, a home warranty can be a life-saver! Since home warranties cover the majority of the cost to repair or replace covered items, a comprehensive home warranty is a great tool to budget for repairs.

For the real estate professional, having the protection of a home warranty on their listed and sold homes can be a "career-saver!" Buyers usually contact their real estate agents for help in resolving such problems after the sale. This call from the buyer is much less stressful when a home warranty is in place!

The types of residential homes covered by home warranties are: single family homes, multi-unit homes, condominiums, mobile homes - both resale and new construction.

Old Republic Home Protection Coverage Includes:
* Undetectable Pre-Existing Conditions
* Failure due to Lack of Maintenance
* Failure due to Rust and Corrosion
* 13 SEER Upgrades
* Water Heater Sediment
* Washer, Dryer & Kitchen Refrigerator
* Garage Door Opener

Contact:

Webb Wartelle

Sr. Account Executive, Old Republic Home Protection

1.800.282.7131 Ext. 1285

2009 Greater Baton Rouge Assn of Realtors Affiliate of the Year

http://www.orhp.com/

http://www.orhp.com/

Baton Rouge, Louisiana, Mardi Gras parades kick off this weekend with the 2012 CAAWS Mystic Krewe of Mutts Parade.

I

t's a family friendly parade with a good cause,.The entry fee of $25 for one person for one dog helps raise money for the Capital Area Aminal Welfare Society. This is a walking parade where dogs and their owners stroll along downtown Baton Rouge Louisiana streets in their finest Mardi Gras costumes. Each year has a special theme. The 2012 is a western theme "The Good, The Bad, and The Furry"

Imagine all the excitement of children seeing hundreds of dogs parade in front of them with owners throwing all kinds of toys and treets for them to chatch. And there are many colors and styles of costumes. The only limit is your imagination! Short dogs, tall dogs, excited dogs, calm dogs, pedigree dogs, mixed breeds, you will find just about evey kind here.

Today's parade begins at 10am and is over at 4pm. Ther will be music and bands and excited faces lining the parade route. I guess you just have to be there to catch a little of the excitement, so here is a video o f part of last year's parade:

Looking for a home in Baton Rouge? Search for Baton Rouge Homes.

http://batonrougehousingreports.com/ - Baton Rouge Broadmoor Subdivision 2011 Comprehensive Housing Report. Broadmoor home prices decline or corrects in 2011 close to 10%.

Here is the report on Broadmoor Subdivision housing numbers based on 58 home sales from end of December 2010 to end of December 2011. Note: This was a search through ALL of the Single Family Homes Broadmoor Subdivisions in GBRMLS, not just "Broadmoor Subd". From 2010 to 2011, the Average sold price declined from $169,689 to $153,349 or -9.6%. From 2010 to 2011, the Median sold price declined from $166,000 down to $150,500 or -9.3%. From 2010 to 2011, the average sold price per sq. ft. declined from $77.93 down to $69.65 or -$8.28/sf or -10.7%. The percentage of distressed sales jumped from 17% in 2010 to approximately 36% in 2011.

Solds In Broadmoor from 1/1/2010 to 12/31/2010 revealed:
Average Sales Price: $169,689
Average Sold Price Per Sq. Ft.:$77.93/sf
Median Sold Price: $166,000
Low To High Sales Prices: $85,000 to $259,950
Number of Sales: 59
Number of Sold Distressed REO/Foreclosures/3rd Party/Short Sales Noted: 10 or 17%

Solds In Broadmoor from 1/1/2011 to 12/31/2011 revealed:
Average Sales Price: $153,349
Average Sold Price Per Sq. Ft.:$69.65/sf
Median Sold Price: $150,500
Low To High Sales Prices: $63,000 to $316,000
Number of Sales: 58
Number of Sold Distressed REO/Foreclosures/3rd Party/Short Sales Noted: 21 or 36%

Distressed Sales To Blame For Declines? Yes! I suspect part of this decline was due to the generall overall housing correction taking place in Baton Rouge and 21 or 36% of the 58 total sales being distressed in some form compared to only 10 or 17% in 2010. This means that of the 58 total home sales, 21 or 36% were in some form of distress, which is very high for the Baton Rouge housing market.

Broadmoor Subdivision 2011 Comprehensive Housing Report. NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/16/2011 to 01/16/2012. This information was extracted on 01/16/2012. Yes, this appraiser does have permission to use the subdivision chart above.

The statistics below are based on the same GBRMLS data and reveal totally different results, which may not be accurate based on the actual MLS chart above.

Dec-10 vs. Dec-11: The median sold price is down 8%

Dec-10 vs. Dec-11: The median price of for sale properties is up 8% and the median price of sold properties is down 8%

Dec-10 vs. Dec-11: The number of Sold properties is up 300%

Dec-10 vs. Dec-11: The number of Under Contract properties has not changed

Dec-10 vs. Dec-11: The number of New properties is down 62%

Dec-10 vs. Dec-11: The number of For Sale properties is down 16%

Dec-10 vs. Dec-11: The number of Expired properties is down 71%

Dec-10 vs. Dec-11: The number of for sale properties is down 16% and the number of sold properties is up 300%

Dec-10 vs. Dec-11: The average days on market is down 24%

Dec-10 vs. Dec-11: The average months supply of inventory is down 8%

Baton Rouge Broadmoor Subdivision 2011 Comprehensive Housing Report