Whispering Oaks Subdivision 2008 Report by Gonzales Louisiana FHA Appraisers
Whispering Oaks Solds Were From $142K to $169,900, 9 sales since 1/1/08, average home size
1,423sf, average sold price $111.27/sf, median sales price $164K
Solds In Whispering Oaks from 01/01/2008 to 01/16/2009 reveals:
The Average Sales Price: $158,311
The Average Sold Price Per Sq. Ft.: $111.27/sf
The Median Sold Price: $164,000
Low Sales Price: $142.000
High Sales Price: $169,900
Average # of Days On Market: 31 Days On Market
# of Sales: 9
Listing Price To Sales Price Ratio Has Been: 98%
Whispering Oaks data is presented 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
Kenilworth Subdivision Baton Rouge January 2009 Update FHA Appraisers East Baton Rouge
Sales in Kenilworth Subdivision were from $185K to $295K with 22 sales since 1/1/08, average size home 2,259sf, average sold price per sq. ft. was $98.88/sf and median sales price $212,500.
Solds from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $237,213
Average Sold Price Per Sq. Ft.: $102.64
Median Sold Price: $225,000
Low Sales Price: $154,900
High Sales Price: $545,000
Average # of Days On Market: 23
# of Sales: 19
Solds from 01/01/2008 to 01/17/2009 reveals:
Average Sales Price: $220,859
Average Sold Price Per Sq. Ft.: $98.88
Median Sold Price: $212,500
Low Sales Price: $185,000
High Sales Price: $294,000
Average # of Days On Market: 63
# of Sales: 22
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Kenilworth Subdivision, the market direction appears to be decreasing. The Average Sales Price has decreased by -$16,354. However, this could have something to do with the unusual $545,000 sale in 2007 on St Edmund Ct, which could have skewed the average sales price, which is why this appraiser is relying upon the median sales price figure.
Median Sales Price has decreased by -$12,500 or -5.56%
Average Sold Price Per Sq. Ft. has decreased by -$3.76/sf or -$3.66%
Kenilworth Subdivision data is presented 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
Fax: 1-866-663-6065
http://fhaappraiserbatonrouge.info/
Country Manor 70816 Housing Market Update From Bill Cobb Baton Rouge FHA Appraiser
Country Manor $154,900 to $174,900, 10 sales since 1/19/08, average size 1,468sf, average sold price $113.06/sf, median sales price $162K, List-Sales Ratio: 99.07%.
Solds from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $157,755
Average Sold Price Per Sq. Ft.: $111.50
Median Sold Price: $154,750
Low Sales Price: $140,000
High Sales Price: $175,000
Average # of Days On Market: 27
# of Sales: 16
Solds from 01/19/2008 to 01/19/2009 reveals:
Average Sales Price: $162,4430
Average Sold Price Per Sq. Ft.: $113.06
Median Sold Price: $161,950
Low Sales Price: $154,900
High Sales Price: $174,900
Average # of Days On Market: 25
# of Sales: 10
Listing Price To Sales Price Ratio Has Been: 99.07%
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Country Manor Subdivision, the market direction appears to be increasing. However, the second period of statistics represents an entire year, the latest sale taking place in 10/2008. Due to the National Mortgage Meltdown, this market has slowed down, mainly with sales slowing down. Market values still appear to be stable though.
The Average Sales Price has increased by +$4,688.
Median Sales Price has increased by +$7,200.
Average Sold Price Per Sq. Ft. has increased by +$1.56/sf.
Country Manor data provided 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
Fax: 1-866-663-6065
http://www.batonrougerealestateappraisers.com
"Baton Rouge, LA" Real Estate Keyword Search Increases 29.5% Year Over Year For 2008
Here's an update! I received an email today from Audie M. Chamberlain @ Realtor.com with this good news.
"Hi Bill - We released data today and thought it might be interesting to you. Be sure to see the link and media alert below. The link takes you to a page with a list of the most searched real estate markets in the US ranked in order of popularity. There are also percentage increases in y/y and m/m consumer searches on Realtor.com by market. Be sure to see the links at the top of the landing page. Best Regards, Audie Chamberlain"
For Baton Rouge, LA specifically, here's what I discovered:
1.) "Baton Rouge, LA" Real Estate Keyword Searches Increases 29.5% Year Over Year For December 2008
2.) "Baton Rouge, LA" Real Estate Keyword Searches Ranked #4 Month Over Month For December 2008, With A Month To Month % Change of +23.8%
3.) "Baton Rouge, LA" Real Estate Keyword Searches Were Ranked #51 Year Over Year For December 2008
This is more good news for the Baton Rouge Housing Market - Bill Cobb!
Also of note, Audie stated the following:
87% of all home buyers search online for real estate.¹
According to a recent Harris Interactive Survey, 41% of all current homeowners plan to purchase a home again and 80% of all renters plan to purchase a home someday with 47% planning to purchase a home within the next five years².
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
Fax: 1-866-663-6065
http://gbrreocount.info/- FHA Baton Appraisers Deliver Nicholson Lakes Subdivision 70810 Recent Study
Solds In Nicholson Lakes from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $194,601
Average Sold Price Per Sq. Ft.: $130.85
Median Sold Price: $193,000
Low Sales Price: $184,714
High Sales Price: $222,900
Average # of Days On Market: 60
# of Sales: 37
Solds In Nicholson Lakes from 01/01/2008 to 01/24/2009 reveals:
Average Sales Price: $190,274
Average Sold Price Per Sq. Ft.: $125.99
Median Sold Price: $189,900
Low Sales Price: $171,000
High Sales Price: $210,000
Average # of Days On Market: 120
# of Sales: 27
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Nicholson Lakes Subdivision, the market direction appears to be declining.
The Average Sales Price has decreased by -$4,327 or 2.22%.
The Median Sales Price has decreased by -$3,100 or -1.61%
The Average Sold Price Per Sq. Ft. has decreased by -$4.86/sf or -3.71%.
LISTINGS:
There are 7 current listings in Nicholson Lakes, all active, none are pending. Listed from $184,500 up to $199,900, average listing price $195,314 and average listing days on the market up to this point for these 7 listings has been 154 days. The reason these homes are not selling is due to the slowdown in the market and the fact that, while the average sold price per sf in the second period of time was $125.99/sf, these homes are listing these homes with an average listing price per sf of $129.72/sf. Apparently, these homeowners are still in denial about their home's true market value.
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
Fax: 1-866-663-6065
http://www.eastbatonrougefhaappraisers.com
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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.
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