Livingston Parish Home Sales Still In Correction Mode For 2012, Declining

For Livingston Parish, These are important numbers!

LIVINGSTON PARISH SPECIFIC.

Livingston Parish Home Sales Feburary 2011 72 versus Feb. 2012 86, an increase for Feb 2012 of 14 sales or 19%.

For Livingston Feb 2011 vs Feb 2012, dollar sold volume was up $2,035,854 or +19%.

Average Sold Price was unchanged.

Median Sold Price DOWN -$1,900 or -1%. We're Still In CORRECTION MODE in Livingston Parish.

Denham Springs Home Sales Numbers Update Through Febuary 29, 2012.

DENHAM SPRINGS SPECIFIC. Specifically for Denham Springs MLS Areas 81 & 83, through end of February 2011 vs 2012....there were 98 sales in 2011 vs 115 sales in 2012, an increase of 17 sales or +17.4%.

DECLINING SALES PRICES!

Of these 115 sales, average and median were $145,054 and ONLY $135,000. In 2011 same period, average and median were $150,276 and $139,450.

For Livingston Parish, These are important numbers!

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2012 to February 29, 2012. This information was extracted on Sunday 03/03/2012.

Gbrmls Monthly Comparison Numbers Home Sales February 2011 versus 2012

Presented by Bill Cobb, Appraiser, Greater Baton Rouge's Housing Reporter

http://www.denhamspringsappraisers.com/ - Home Appraisers Denham Springs 2011 Housing Report

Summerfield Subdivision Denham Springs 2011 Housing Numbers. It used to be that homes in Summerfield sold in the $110/sf to $112/sf range. That was then and this is a new housing market in 2011.

Here are the Summerfield Subdivision housing numbers from end of December 2010 to end of December 2011. Average sales price was down from $192,380 in 2010 to $174,150 in 2011 or -9.5%. Median sales price was was down from $189,500 in 2010 to $175,000 in 2011 or -7.7%. However, the average sold price per sq. ft. was only down $2.42/sf or -2.45% from $98.58/sf to $96.16/sf.

Distressed Properties To Blame For Decline. I suspect part of this decline was due to 2 of the 5 total sales being 1 foreclosure and 1 short sale or 40% of total sales. And, Summerfield is simply correcting in price along with the remainder of Greater Baton Rouge Housing.

Denham Springs Summerfield Subdivision 2011 Comprehensive Housing Report. NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/24/2011 to 01/24/2012. This information was extracted on 01/24/2012.

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. Since there were no sales in December 2010 and December 2011, some of the data is incomplete.

Summerfield Subdivision Denham Springs LA 2011 Housing Report

http://www.batonrougehousingreports.com/ - Denham Springs Westminister Estates 2011 Housing Report. Average sold price declines 6.4% and average sold price per sq. ft. declines $10.43/sf.

Denham Springs Westminister Estates 2011 Housing Report

The Legal Name of this development at the Livingston Parish Courthouse and in filing records is Westminister Estates, meaning the sign is wrong. Here are the Westminister Estates housing numbers from end of December 2010 to end of December 2011. Average sales price was down from $149,880 in 2010 to $140,293 in 2011 or -6.4%. Median sales price was basically unchanged. However, the average sold price per sq. ft. had a -$10.43/sf decline from $91.52 in 2010 to only $81.09/sf in 2011.

Foreclosures To Blame. I suspect part of this decline was due to 7 of the 15 total sales being foreclosures or 47% of total sales. This means that of the 15 total home sales, 7 were in some form of distress.

Denham Springs Westminister Estates 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.

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 11%

Dec-10 vs. Dec-11: The median price of for sale properties is up 3% and the median price of sold properties is down 11%

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

Dec-10 vs. Dec-11: The number of Under Contract properties is down 100%

Dec-10 vs. Dec-11: The number of New properties is down 50%

Dec-10 vs. Dec-11: The number of For Sale properties is down 44%

Dec-10 vs. Dec-11: The number of Expired properties is down 100%

Dec-10 vs. Dec-11: The number of for sale properties is down 44% and the number of sold properties has not changed

Dec-10 vs. Dec-11: The average days on market is down 100%

Dec-10 vs. Dec-11: The average months supply of inventory is down 100%

Denham Springs Westminister Estates Subdivision 2011 Comprehensive Housing Report

http://batonrougehousingreports.com/ - Denham Springs South Point Subdivision Report for 2011. South Point home sales prices declined by double digits in 2011 because close to 50% of solds were distressed in some form. Average and Median Sales Prices drop 13 and 14% from 2010 levels.

South Point Subdivision Home Sales Report for 2011

Here are the South Point housing numbers from end of December 2010 to end of December 2011. Some of the data isn't showing up because there were no sales in December 2010 or December 2011. For this reason, I'm providing the GBRMLS Stats Chart as well, which should state 32 total sales for 2011. Both the Average and Median Sales Prices plunged in 2011 with double digit declines based on "32" total home sales. Average sales price was down from $150,394 in 2010 to $130,606 in 2011 or -13%. Median sales price was down from $150,750 in 2010 to $129,900 in 2011 or -14%. I suspect part of this decline was due to 11 of the 32 total sales being foreclosures and 2 being 3rd Party Sales (relocation) and 2 short sales. This means that of the 32 total home sales, 15 were in some form of distress.

Denham Springs South Point Subdivision 2011 Comprehensive Housing Report

Dec-10 vs. Dec-11: The number of New properties is down 25%

Dec-10 vs. Dec-11: The number of For Sale properties is up 12%

Dec-10 vs. Dec-11: The number of Expired properties is down 20%

Dec-10 vs. Dec-11: The number of for sale properties is up 12% and the percent change in the number of sold properties is up 50%

Denham Springs South Point 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.

http://www.batonrougehousingreports.com/ - Western Livingston Parish Denham Springs: Woodland Crossing Home Sales Report

Woodland Crossing Subdivision Denham Springs Update

Here are the Woodland Crossing housing numbers from end of December 2010 to end of December 2011.

Dec-10 vs. Dec-11: The median sold price is down 4%

Dec-10 vs. Dec-11: The median price of for sale properties is up 7% and the median price of sold properties is down 4%

Dec-10 vs. Dec-11: The number of Sold properties is down 67%

Dec-10 vs. Dec-11: The number of Under Contract properties is down 67%

Dec-10 vs. Dec-11: The number of New properties is up 200%

Dec-10 vs. Dec-11: The number of For Sale properties is down 46%

Dec-10 vs. Dec-11: The number of Expired properties is down 82%

Dec-10 vs. Dec-11: The number of for sale properties is down 46% and the number of sold properties is down 67%

Dec-10 vs. Dec-11: The average days on market is down 26%

Dec-10 vs. Dec-11: The average months supply of inventory is up 113%

Denham Springs Woodland Crossing Subdivision 2011 Comprehensive Housing Report

Denham Springs Woodland Crossing 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.