http://batonrougerealestateappraisal.com/ - Baton Rouge Real Estate 70814 Update - Monticello Subdivision Ages 11 Years +
Solds In Monticello Subdivision from 01/01/2007 to 12/31/2007, ages 11 Yrs + revealed:
Average Sales Price: $150,440
Average Sold Price Per Sq. Ft.: $84.47
Median Sold Price: $150,000
Low Sales Price: $119,000
High Sales Price: $197,000
Average # of Days On Market: 54
# of Sales: 22
Solds In Monticello Subdivision from 01/01/2008 to 02/02/2009, ages 11 Yrs + reveals:
Average Sales Price: $143,363
Average Sold Price Per Sq. Ft.: $86.10
Median Sold Price: $134,000
Low Sales Price: $127,000
High Sales Price: $175,000
Average # of Days On Market: 85
# of Sales: 8
Does not exclude any REO sales.
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Subdivision, the market direction appears to be decreasing. Median Sales Price declined from $150,000 down to $134,000, a decline of -$16,000 or -10.67%. Data shows that sales have slowed dramatically, down 64% from 2007 levels. The declines are believed to be partly attributable a rise in foreclosures in Monticello as 2 of the 8 total sales for the second period was REO sales or 25%.
The Average Sales Price has decreased by -$7,077 or -4.70%.
Median Sales Price has decreased by -$16,000 or -10.67%.
Average Sold Price Per Sq. Ft. has increased by +$1.63/sf.
Monticello data used with the permission of the Greater Baton Rouge Board Of Realtors.
Author's Bio:
Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
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
http://www.batonrougefhaappraisers.com
http://batonrougerealestateappraisal.com/ - Baton Rouge Real Estate 70808 Update
Solds From Southdowns Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $299,093
Average Sold Price Per Sq. Ft.: $143.46
Median Sold Price: $253,750
Low Sales Price: $154,900
High Sales Price: $1,300,000
Average # of Days On Market: 68
# of Sales: 30
Solds From Southdowns Subdivision from 01/01/2008 to 01/12/2009 reveals:
Average Sales Price: $274,424
Average Sold Price Per Sq. Ft.: $136.05
Median Sold Price: $259,000
Low Sales Price: $130,000
High Sales Price: $895,000
Average # of Days On Market: 71
# of Sales: 38
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Southdowns Subdivision, the market direction appears to be increasing, increased by +$5,250. Due to the subject's favorable location, the subject's neighborhood has generally continually increased in value over the decades. However, due to the slowing of the Greater Baton Rouge market in general, the "Property Values" box is checked as stable. Note that in the first period in 2007, the unusual $1,300,000 sale really skewed the average sales price and average sales price per sq. ft. numbers, which is the reason for the decline in average sales price and average sales price per sq. ft..
The Average Sales Price has decreased by -$24,669. Again, this appears to be due to the unusually high $1,300,000 sale in the 2007 period.
Median Sales Price has increased by +$5,250.
Average Sold Price Per Sq. Ft. has decreased by -$7.41/sf. Again, this appears to be due to the unusually high $1,300,000 sale in the 2007 period.
70808 data used with the permission of the Greater Baton Rouge Board of Realtors
Author's Bio:
Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
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
http://batonrougerealestateappraisal.com/ - Baton Rouge Real Estate 70809 Update
Within Santa Maria, the CMA reveals average sales price $583K, low $320K, high $1,600,000 with avg days on mkt of 160+ days.
An MLS CMA of this Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $583,790
Average Sold Price Per Sq. Ft.: $162.96
Median Sold Price: $562,450
Low Sales Price: $315,000
High Sales Price: $1,600,000
Average # of Days On Market: 120
# of Sales: 82
An MLS CMA of this Subdivision from 01/01/2008 to Present reveals:
Average Sales Price: $583,409
Average Sold Price Per Sq. Ft.: $159.35
Median Sold Price: $557,360
Low Sales Price: $320,000
High Sales Price: $1,021,700
Average # of Days On Market: 160
# of Sales: 42
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Santa Maria Subdivision, the market direction appears to be declining slightly, down -1%. This market has slowed considerably with 2008 vs 2007 Sales down -49%. There are currently 31 listings in MLS in Santa Maria and 2 listings in www.fsbobr.com, for a total of 33 listing. Considering the 42 homes old sold since 1/1/2008, there is somewhat of an inventory of homes on the market in Santa Maria.
The Average Sales Price has decreased by only -$0,381 or less than 1%
Median Sales Price has decreased slightly by -$5,090 or -1%
Average Sold Price Per Sq. Ft. has decreased by -$3.61/sf or -$2.22/sf.
70809 data used with the permission of the Greater Baton Rouge Board of Realtors
Author's Bio:
Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
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
http://batonrougerealestateappraisal.com/ - Baton Rouge Real Estate 70802 Housing Market Report
Solds Within Zip Code 70802 from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $75,969
Average Sold Price Per Sq. Ft.: $54.58
Median Sold Price: $60,000
Low Sales Price: $7,000
High Sales Price: $475,000
Average # of Days On Market: 73
# of Sales: 115
Solds Within Zip Code 70802 From 01/01/2008 to 02/02/2009 reveals:
Average Sales Price: $69,796
Average Sold Price Per Sq. Ft.: $53.77
Median Sold Price: $48,650
Low Sales Price: $7,200
High Sales Price: $310,000
Average # of Days On Market: 76
# of Sales: 104
Listing Price To Sales Price Ratio Has Been: 94.00%
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Zip Code 70802, the market direction appears to be decreasing. The Average Sales Price has decreased by -$6,173 or -8.13%. Median Sales Price has decreased by -$11,350 or -18.92%. Average Sold Price Per Sq. Ft. has decreased by -$0.81/sf or -1.41%.
70802 data used with the permission of the Greater Baton Rouge Association of Realtors.
Author's Bio:
Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
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
http://fhaappraisersbatonrouge.com/ - FHA Appraisers Study Livington Parish Denham Springs 70706
Solds in Richmond Place Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $162,993
Average Sold Price Per Sq. Ft.: $88.97
Median Sold Price: $164,000
Low Sales Price: $145,000
High Sales Price: $194,900
Average # of Days On Market: 48
# of Sales: 35
Solds in Richmond Place Subdivision from 01/01/2008 to 02/02/2009 reveals:
Average Sales Price: $154,068
Average Sold Price Per Sq. Ft.: $88.58
Median Sold Price: $154,500
Low Sales Price: $135,000
High Sales Price: $186,000
Average # of Days On Market: 118
Average Size Home: 1,757sf
# of Sales: 22
Listing Price To Sales Price Ratio Has Been: 97.82%
Does not exclude any REO sales.
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) withinRichmond Place Subdivision, the market direction appears to be decreasing. The Average Sales Price has decreased by -$8,925 or -5.48%. The Median Sales Price has decreased by -$9,500 or -5.79%. The Average Sold Price Per Sq. Ft. has decreased by -$0.39/sf or less than 1%.
Author's Bio:
Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
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
 |
|
|
Bill Is A Home Appraiser With 17 Years of Residential Appraisal Experience In The Greater Baton Rouge Market. Quick turnaround times, competitive rates and quality service. Online Order Management.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
