William D. Cobb FHA Home Appraiser

Accurate Valuations Home Appraisal Group (AVG) Serves The Greater Baton Rouge Metroplex With Boundaries North by Zachary, South by Sorrento, West by Port Allen and East by Livingston. Accurate Valuations Group Appraisers include William D. Cobb, CREA, with 16 years of experience, and Chuck Edwards, A LA State Licensed Home Inspector and Licensed Appraiser Trainee. Other Local Appraisers that Work For AVG on an overflow work basis are: Eric Hartzog and Roger Carter. The Baton Rougee FHA Appraisal Team is comprised of several decades of appraisal experience in the local Greater Baton Rouge market.

Denham Springs, Louisiana Real Estate News - Accurate Valuations Group Reports on South Point Subdivision

An MLS CMA of this Subdivision from 09/01/2007 to 04/26/2008 reveals:
The Average Sales Price: $147,065
The Average Sold Price Per Sq. Ft.: $92.84/sf
The Median Sold Price: $150,000
Low Sales Price: $106,000
High Sales Price: $189,000
Average # of Days On Market: 41 Days On Market
# of Sales: 40

South Point Subdivision Statistics Used With The Permission Of The Greater Baton Rouge Board of Realtors

Accurate Valuations Group Appraiser, William D. Cobb, has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market. For more information on Accurate Valuations Home Appraisal Group, visit Denham Springs Home Appraisals.

How Many Homes Are On The Market In South Point Subdivision?

Well, according to the Greater Baton Rouge Board of Realtors, there are 38 homes on the market. There are 30 active MLS listings, 1 contingent listing (contingent means the home is under contract but the buyer must sell their own home before they can buy this home) and 7 pending listings (homes under contract for purchase). The average days on the market for all pending homes is 72 days or just under 3 months.

The Average Listing Price: $164,471 or $92.50/sf
The Average Pending Listing Price $150,000 or $96.17/sf
The Median Listing Price: $165,000
Low Listing Price: $128,000
High Listing Price: $244,000

On the http://www.fsbobr.com/ site, there are 6 South Point home listed, from $130,000 up to $189,000.

So, there are approx. 44 homes for sale in South Point S/D, which is approx. 16% of the homes in the entire subdivision. MLS only notes 1 REO or foreclosure listing for $160,000 on 23862 Waterford Ct, which is priced almost at market pricing (not discounted to the market to get this home sold).

Accurate Valuations Group Appraiser, William D. Cobb, has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market. For more information on Accurate Valuations Home Appraisal Group, visit Denham Springs Home Appraisals.

Ascension Parish FHA Appraiser, William D. Cobb, Reports On Galvez Oaks Subdivision

An MLS CMA of Galvez Oaks from 01/01/2007 to 04/23/2008 reveals:
The Average Sales Price: $175,820
The Average Sold Price Per Sq. Ft.: $101.14/sf
The Median Sold Price: $177,500
Low Sales Price: $156,900
High Sales Price: $185,000
Average # of Days On Market: 64 Days On Market
# of Sales: 10

Galvez Oaks Subdivision data is presented with the permission of the Greater Baton Rouge Board of Realtors.

Ascension Parish FHA Appraisers

Ascension Parish FHA Appraiser, William D. Cobb, Reports On Pelican Point Golf Community

An MLS CMA of this Subdivision from 04/10/2007 to 04/13/2008 reveals:
The Average Sales Price: $345,416
The Average Sold Price Per Sq. Ft.: $130.65/sf
The Median Sold Price: $335,000
Low Sales Price: $232,500
High Sales Price: $523,000
Average # of Days On Market: 123 Days On Market
# of Sales: 43
Listing Price To Sales Price Ratio Has Been: 97.31%

Is there an "Over-Supply" of housing within Pelican Point? It appears so. According to MLS, there are currently 70 listings from $189,000 up to $1,500,000. Also, if one drives through Pelican Point, they see more than a few FSBO signs in the yards. As of 4/13/08, there were 13 listings in http://www.fsbobr.com/. This means that there is currently 83 listings in Pelican Point Golf Community, almost double the amount of homes that sold in the previous 12 month marketing period. This would appear to indicate an over-supply of housing for sale in Pelican Point.

This information was provided with the permission of the Greater Baton Rouge Board of Realtors.

Ascension Parish Real Estate Appraisers