Woodland Crossing Subdivision Comprehensive One Year Study Denham Springs

Woodland Crossing Subdivision Comprehensive One Year Study Denham Springs. Home Prices Decline

woodland-crossing-median-sold-price-by-month-2011

From September 2010 to September 2011, the median sold price is up by 9% (but only based on “1” sale in September 2011 and GBRMLS stats contradict this trend big time).

avg-woodland-crossing-subdivision-denham-springs

 

Recap of 2008 through 2011 YTD Woodland Crossing Housing Numbers:

woodland-crossing-housing-stats-denham-springs-la-2011

 

woodland-crossing-housing-trends-denham-springs-la-70726

 

So, from 2008 to 2011, median sales prices have ranged from $156,000, $147,000, $149,000 down to $140,000 in 2011, rounded to nearest 1000. Sold price per sq. ft. continues to decline from $92/sf in 2010 down to only $84/sf in 2011 rounded. 2011 represent 39 sales and only represent three quarters of housing sales numbers, not an entire year.

Solds In Woodland Crossing from 1/1/2011 to 10/12/2011 revealed:
Average Sales Price: $141,803
Average Sold Price Per Sq. Ft.: $80.00
Median Sold Price: $139,900
Number of Sales: 42
Average Days On Market: 109
Low To High: $98,900 to $179,500
Number of Sold REO/Foreclosures Noted In MLS: 7

NOTE: The Median Sales Price Decline from 2010 to 2011 is -6.2%.

woodland-crossing-sold-properties-by-month-2011

From September 2010 to September 2011, the number of sold properties has not changed.

 

woodland-crossing-months-supply-of-inventory-2011

From September 2010 to September 2011, the average months supply of inventory is up 36%.

 

woodland-crossing-supply-and-demand-by-month-2011

From September 2010 to September 2011, the number of for sale properties is down 53% and the number of sold properties has not changed.

 

woodland-crossing-average-days-on-market-2011

From September 2010 to September 2011, the Average Days On Market Increased by 39%.

 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2008 to 10/12/2011. This information was extracted on 10/12/2011.

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