Denham Springs Realtors
Denham Springs Real Estate News Video Resource: http://www.batonrougehousingreports.com/
December 10, 2011 | 
Author Denham Springs Real Estate News Video Resource: http://www.batonrougehousingreports.com/
Denham Springs Real Estate Video News
Why Baton Rouge Housing Reports?
Because a home is the largest, most important investment most locals make in their lifetimes. Because of the importance of getting this decision right, housing market facts, trends and analysis are provided to help locals execute competent, informed home purchase or home selling decisions.
There’s a new Premier web video resource in Baton Rouge with a residential focus: Baton Rouge Housing Reports Dot Com. This site offers the good news in our market as well as the on-going correction, tips on what improvements really add value, local REALTOR® video update of the month, local real estate expert interviews, local remodeler’s tips, trends videos, monthly and quarterly reports, Top 150 Subivisions trends, current housing charts and stats, gbrmls stats, local NAR stats, special investigative series and a long list of local online resources. Visit Us for the scoop on local housing.
Baton Rouge Housing Reports Dot Com – Local Real Estate Professionals Providing Trends, Analysis & Tips Helping Locals Make Informed Housing Decisions!
Keywords: Denham Springs, Livingston Parish, Baton Rouge Real Estate, Baton Rouge Homes, Baton Rouge Housing, East Baton Rouge, Greater Baton Rouge, Baton Rouge Realtors, Baton Rouge Real Estate Agents, Baton Rouge Homes For Sale, Baton Rouge Home Appraiser, Baton Rouge Home Appraisal
Denham Springs Listings: Livingston Trace Subdivision 2011 Report
http://www.denhamspringsappraisers.com/ – Denham Springs Listings Services: Livingston Trace Subdivision 2011 Report. Accurate Valuations Group East recently completed a home appraisal in Livingston Trace and found these interesting housing numbers.
Livingston Trace is a local DR Horton development that has a history of the homes selling predominantly higher in price than some other competing developments, such as South Point, Woodland Crossing and Westminister Estates. It appears to be a newer and much smaller development with one entrance and the development and homes are well maintained.
2011 Shows Some Strength and Some Weakness!
A recent home appraisal in and analysis of Livingston Trace Subdivision revealed thes interesting findings.
2011. In 2011, there haven’t been any GBRMLS home sales reported. There are 10 active MLS listings and 3 FSBOBR.com listings for a total of 13 listings. The 10 MLS listings are from $145,000 up to $175,900. THIS IS VERY IMPORTANT. Of the 10 Listings, 6 have an Average Active Listing Price of $157,017 or $100.48/sf while 4 have an Average Pending Price of $165,450 or $87.31/sf. The 3 FSBOBR.com listings are listed from $145,000, $175,000 and $195,000. Remember that above we stated the four pendings average $87.31/sf? Well, the Average Sold Price in 2010 was $93.57/sf. $93.57/sf minus $87.31/sf is a decline of -$6.26/sf. We don’t know
2010. The MLS Chart below shows no 2011 sales and 6 2010 sales with a Median Sales Price of $176,200. However, the last MLS sale in 2010 took place on 5/28/2010, almost 1 year ago. With 13 total listings in 5/2011 and only 4 of them pending, it’s safe to assume that prices have declined as demand for housing has decreased. See the SMART chart below for proof of these statements.
The SMART MLS Analysis of the “Sub-Market” or those homes in MLS comparable to a 1,998sf comparable home did show a -7.6% DECLINE since May 2010, which is somewhat contradicatory to the above MLS trends chart. This decline is due to some foreclosures taking place in the comparable South Point, Woodland Crossing, Westminister Place and Forest Ridge Subdivisions. It will be interesting to see at what prices these four pending homes sell for in Livingston Trace. The current Listing-To-Sales-Price-Ratio in this study was 96%, down from 100% and 99% in months past.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2008 to May 5, 2011. This information was extracted on 5/5/2011. YES, permission was granted by GBRMLS to use Subdivision Price Trends Chart Report!
AUTHOR’S BIO:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations 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
info@accuratevg.com
http://www.accuratevg.com/
Wow! Five High Dollar Denham Springs Home Sales In 2011 With Photos
http://www.denhamspringsappraisers.com/ – Wow! Five High Dollar Denham Springs Home Sales In 2011 With Photos. The remarkable aspect of these sales is that they first took place during this national economic downturn AND how short of a marketing time period these homes were on the market. Were these purchases made by buyers with pent-up-demand?
The Denham Springs housing market hasn’t seen this many high-end home sales in such a short time period in years. The five (5) homes below sold from 1/6/2011 through 4/15/2011, from $450,000 up to $689,167. One (1) was a $450,000 Cash Sale and the other four (4) were financed Conventional per GBRMLS records. The sales are listed below beginning with the most recent sales first.
25536 Southern Hills Ct in in Greystone Golf Community, with 3,120sf, sold 4/15/2011 for $455,000 or $146/sf. Marketing time was only 100 days. Listed by Crysal Bonin with The Mortensen Group LLC and sold by Lawson Covington with Covington & Associates Real Estate LLC.
21452 Stone Bridge Ct in Stone Bridge Subdivision, with 4,704sf, sold 3/31/2011 for $615,000 or $131/sf. Marketing time was only 189 days. Listed by Rene’ Pollet with Coldwell Banker One and sold by Tammy Williams-Sparks with Keller Williams Premier Partners.
21461 Stone Bridge Ct in Stone Bridge Subdivision, with 3,870sf, sold 3/11/2011 for $640,000 or $165/sf. Marketing time was only 68 days. Listed by Alvin Washington with Alvin Washington Realty and sold by Kelli Wascom with Keller Williams Premier Partners.
8289 Allen Drive in Harrells Ferry Landing, with 4,637sf, sold 2/24/2011 for $689,167 or $149/sf. Marketing time was only 145 days. Listed by Denise Stockwell with RE/MAX FIRST and sold by Denise as well.
328 Chateau Jon in Chateau Jon Subdivision, with 3,717sf, sold 1/6/2011 for $450,000 or $121/sf. Marketing time was 140 days with Agent and was FSBO for several months. Listed by Jeannie Spell with RE/MAX FIRST and sold by DREW LANGHART & DARREN JAMES with Keller Williams Premier Partners.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of April, 16, 2011 to April 22, 2011. This information was extracted on 04/23/2011.
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Author’s Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations 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
info@accuratevg.com
http://www.accuratevg.com/
Livingston Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Report
http://www.denhamspringsappraisers.com/ – Western Livingston Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Results
Accurate Valuations Group (Home Appraisals) has completed an analysis of the Western Livingston Parish housing market from First Quarter 2010 versus First Quarter 2011. The results are below.
70726. For Zip Code 70726, home sales volume was down 24%, Average Sales Price was up 3% and Average Sold Price Per. Sq. Ft. was down 9%.
70706. For Zip Code 70706, home sales volume was up 30%, Average Sales Price was down 8% and Average Sold Price Per. Sq. Ft. was down 12%.
70785. For Zip Code 70785, home sales volume was up 47%, Average Sales Price didn’t change and Average Sold Price Per. Sq. Ft. was down 3%.
70754. For Zip Code 70754, home sales volume was down 37%, Average Sales Price was up 18% and Average Sold Price Per. Sq. Ft. was up 7%.
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Author’s Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations 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
info@accuratevg.com
http://www.accuratevg.com/
Posted in 70706, 70726, 70754, 70785, Denham Springs Real Estate, denham springs real estate agents, Denham Springs Real Estate Appraisers, Denham Springs Real Estate Videos, Denham Springs Realtors, Livingston Parish Homes, Livingston Parish Real Estate, Livingston Parish Real Estate News, Watson Louisiana 70706, Western Livingston Parish Real Estate | 
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Denham Springs Real Estate News: Juban Crossing Improves Livingston Parish Image with Video
http://www.denhamspringsappraisers.com/ – Denham Springs Real Estate News: Juban Crossing Improves Livingston Parish Image with video
WBRZ News has an interesting article regarding Juban Crossing at the link below and a partial image of that article is below!
http://www.wbrz.com/news/juban-crossing-helps-livingston-parish-move-on-up/
Denham Springs Home Appraisers:The Restoration Subdivision Report 2010
http://www.denhamspringsappraisers.com/ - The Restoration Subdivision Denham Springs Report 2010
YouTube Video Link: http://www.youtube.com/watch?v=LwOoTIHvOL4
Denham Springs Home Appraisers: Summerfied Sudivision 2010 Price Trends Report!
http://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers: Summerfield Sudivision 2010 Price Trends Report!
NOTE: If you are considering purchasing a home in Summerfield Subdivision and don’t want to pay too much, I would advise one to order a “Pre-Purchase Appraisal” from Accurate Valuations Group as there is a gradual and steady decline of home prices in Summerfield since 2007 meaning one shouldn’t overpay for a home in Summerfield. REO or Foreclosure and Short Sales activity is increasing in Summerfield in 2010 and into 2011 as this appraiser just this week appraised a foreclosure on Summerfield Drive.
And, there is one (1) listing in Summerfield that is now pending and the listing history of this home brings the declining home prices to my attention. This is a nice 1,813sf home in good condition now listed at $170,000. This home was originally listed for $209,900 in 7/2010 and reduced to $199,900, $195,000, $189,000, $185,000 and now $170,000. It took 148 days on the market to sell this home. If this home sells for $170,000 for an 1,813sf, that would be a new benchmark low for 1813sf in this market. YES, this is a “Short Sale”, however, the market didn’t want this home at these high listing prices whether a short sale or not!
Solds In Summerfield Subdivision from 1/1/2010 to 12/31/2010 revealed:
Average Sales Price: $192,380 ($216,500 in 2009)
Avg Sold $ Per Sq. Ft.: $98.58/sf ($101.11/sf in 2009)
Median Sold Price: $189,500 ($208,000 in 2009)
Number of “MLS” Sales: 5 (4 in 2009)
Average Number of Days On Market: 103 (154 in 2009)
Low To High: $168,000 to $221,500 or $82/sf to $109/sf
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 1, 0 Are Foreclosures
Current Listings Price: $170,000 or $93.77/sf.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 1/10/2011. Yes, this appraiser has obtained permission from GBRAR MLS to use the above pricing chart!
Tags: Baton Rouge Real Estate, denham springs homes, denham springs homes for sale, denham springs houses, denham springs housing, Denham Springs Real Estate, denham springs real estate agents, denham springs realtor, denham springs realtors, Summerfield
Denham Springs Real Estate Agents: Four Unique Open House Ideas
http://www.denhamspringslarealestate.net/ – Denham Springs Real Estate Agents: Four Unique Open House Ideas
The Keeping Current Matters Blog has a helpful article today for Denham Springs Real Estate Agents: 4 Unique Open House Ideas
The first paragraph starts out, “Open Houses have long been a tool used by agents to get a home seen. On any given weekend, there are dozens of them in every community in America. How can your real estate agent position YOUR Open House differently to make it stand out from the rest? Remember, the goal of the Open House is to increase traffic and “thinking outside the box” can help drive traffic. Here are a few ideas to discuss with your agent:” followed by 4 thought provoking tips. Check out the article at the link above.
Denham Springs Real Estate Buzz: Listen To NAR’s Real Estate Today Show For October 16, 2010!
http://www.denhamspringsappraisers.com/ – Denham Springs Real Estate Buzz: Listen To NAR’s Real Estate Today Show For October 16, 2010!
Each Saturday, the NATIONAL ASSOCIATION OF REALTORS® hosts the “Real Estate Today Radio” show with award-winning broadcaster, Gil Gross. The “About” section says:
“Real Estate Today opens doors for buyers and sellers with critical and credible information on the real estate market. It’s fast paced and fact packed with experts, interviews, call-ins, field reports, and timely market conditions.
On radio stations, satellite, and podcasts… even cell phones, Real Estate Today is your instant connection to the American Dream of home ownership.”
The Blog for this show is located at http://www.retradio.com/blog/ .
Today’s show covers the topics listed below:
Listen to today’s show, click the play button below!
Denham Springs Home Appraisers: Juban Parc Housing Numbers For September 2010
http://www.jubanparcappraiser.com/ – Denham Springs Home Appraisers: Juban Parc Housing Numbers For September 2010
Solds In Juban Parc from 1/2010 to 9/27/2010 revealed:
Average Sales Price: $159,943
Average Sold Price Per Sq. Ft.: $102.49/sf
Median Sold Price: $141,900
Number of Sales: 21
Low To High: $137,500 to $235,000
Average Days On Market: 103
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 13, 1 Foreclosure
Current Listings Prices: $138,900 To $239,900
NOTE: The 2009 Average and Median Sales Prices were $175,007 and $175,450.
The data within this report is used with the permission of the Greater Baton Rouge Association of Realtors, extracted on 9/27/2010 from periods 1/1/2009 to 9/27/2010.
Posted in Denham Springs Louisiana 70726, Denham Springs Real Estate, denham springs real estate agents, Denham Springs Real Estate Appraisers, Denham Springs Real Estate Videos, Denham Springs Realtors, Denham Springs Subdivision Videos, Livingston Parish New Homes, Livingston Parish Real Estate | No Comments »
Accurate Valuations Group Office: 225.293.1500
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Mortgage Broker/Owner: Erica Whiddon
Phone: 225-665-4399
Fax: 225-665-4599
30891 La Hwy 16 Denham Springs, LA 70726
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James Bohac/Owner: Alltel Home Inspection
Phone: 225-806-7572
Fax: 225-664-8280
1004 N . River Road Denham Springs, LA 70726
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AllTell Home Inspection Website
