Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Lake at Grays Creek Subdivision in Denham Springs and discovered these housing trends. June 2015 to June 2016 Lake at Grays Creek Home Sales Trends 11 Sales from $139,500 to $172,000 Median Sales Price $147,000 Median Sold Price Per Sq. Ft.:$105/sf Average Sold Price: $148,300 Average Sold Price Per Sq. Ft.:$107/sf Homes Sold From $104/sf to $114/sf Average SP/LP% 99% Average Days On Market: 54 Days Average Home In Subdivision Is: 1,383 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 99%” or Listing To Sales Price Ratio means the average home sale sold for 1% less than listing price. by Bill Cobb Appraiser 225-293-1500 http://www.denhamspringsappraisers.com/ Denham Springs Home Appraisers YouTube Channel Greater Baton Rouge Real Estate Data Note: Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 06/01/2015 to 06/03/2016, extracted on 06/03/2016
Livingston Parish Louisiana Home Sales Prices 2012 to 2015 YTD Published by Bill Cobb, Greater Baton Rouge’s Home Appraiser 225-293-1500 Denham Springs Louisiana Real Estate Updates YouTube Channel: https://www.youtube.com/user/denhamspringsapprsr http://www.slideshare.net/BatonRougeHousingReports/livingston-parish-home-sales-2012-to-2015-ytd
Will Waton Gravel Pit Lower Oak Hills Subdivision Denham Springs Home Values? Will Oak Hills Subdivision Watson Denham Springs 70706 home values decline because of this proposed gravel pit? “Only time and future home sales can answer this question and it’s far too early to make a judgment.” – Bill Cobb, Greater Baton Rouge’s Home Appraiser NOTE: I’ve received questions from 1 Oak Hills homeowners and 2 local REALTORS® about this situation. This is not the first time I’ve shared thoughts on this topic both privately or publicly. The first time was just after announcement July 22 when a concerned REALTOR® called to inquire. I am not publishing this to draw light to this issue rather to try to answer the obvious in this matter – the questions Oak Hills homeowners hold. I just received a phone call from a Local Agent about this topic for a purchase in Oak Hills. The answer is: Whatever influences are going on in a market, positive or negative, is already priced into that market. This being a new situation, it will take time and future Oak Hills home sales to determine “IF” this gravel pit so close will negatively impact home values. See Continue reading Will Waton Gravel Pit Lower Oak Hills Subdivision Denham Springs Home Values?
Livingston Parish Home Sales Trends February 2013 versus February 2014 Livingston Parish Median Sold Price by Month Feb-2013 vs Feb-2014: The median sold price is down -1% Livingston Parish Sold Properties by Month Feb-2013 vs Feb-2014: The number of Sold properties is up 22% Livingston Parish Home Sales February 2013 versus February 2014 from Bill Cobb Livingston Parish Average Days on Market by Month Feb-2013 vs Feb-2014: The average days on market is up 27% Livingston Parish Months Supply of Inventory Feb-2013 vs Feb-2014: The average months supply of inventory is down -7% Under Contract Properties by Month Feb-2013 vs Feb-2014: The number of Under Contract properties is up 11% New Properties by Month Feb-2013 vs Feb-2014: The number of New properties is up 8% For Sale Properties by Month Feb-2013 vs Feb-2014: The number of For Sale properties is up 4% Expired Properties by Month Feb-2013 vs Feb-2014: The number of Expired properties is up 2% Median For Sale vs Median Sold Feb-2013 vs Feb-2014: The median price of for sale properties has not changed and the median price of sold properties is down -1% Supply & Demand by Month Feb-2013 vs Feb-2014: The Continue reading Livingston Parish Home Sales February 2013 versus February 2014
Denham Springs Home Appraiser Lakeside Estates Video Livingston 2012-2013 Lakeside Esates: 15 Sales Median $155K Avg Sold Price $102/sf Avg LP/SP Ratio 100% Avg Days On Market: 161 GBRAR MLS NOTE: Based on info from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2012 to 04/13/2013. This information was extracted on 04/13/2013.
Denham Springs Home Appraiser: What Are Most Popular Selling Livingston Parish Subdivisions? The chart below shows those subdivisions with the most home sales since January 1, 2011. The subject with the most home sales was not a subdivision at all but rural acreage tract, 260 sales. Chart includes at least 5 sales and filters down to most home sales. SUBDIVISION Avg Sold $ Med Sold $ Avg $/Sqft Avg SP/OLP Avg DOM # Listings COUNTRY CROSSING $268,217 $252,000 $105 95 204 5 DRIFTWOOD ESTATES $138,000 $132,500 $94 93 133 5 EAGLE RIDGE ESTATES $126,540 $123,950 $81 93 84 5 ESTELLE ESTATES $212,489 $216,950 $115 102 156 5 FAIRWAY VIEW SUBD $107,100 $111,250 $83 91 172 5 MONTROSE $137,961 $109,353 $86 91 93 5 OTTS COVE $136,420 $136,000 $95 91 119 5 RIVER HIGHLANDS $331,100 $331,500 $137 88 182 5 SOUTH WOODCREST $95,780 $100,000 $82 87 140 5 WISTERIA PLACE $138,600 $141,450 $81 92 91 5 WYNDHAM ESTATES $192,700 $192,000 $117 99 226 5 ACADIAN TRACE $153,841 $157,323 $96 86 278 6 BEAU CHENE $122,233 $122,950 $89 95 146 6 DEER CROSSING $133,983 $133,600 $101 98 154 6 DENHAM ESTATES $158,900 $187,500 $94 95 103 6 GDNS AT CROSS CRK $152,450 Continue reading Denham Springs Home Appraiser: What Are Most Popular Selling Livingston Parish Subdivisions?
http://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers Field Photos: Watson Schools 70706 I recently took these photos of the Elementary and High Schools in Watson Louisiana 70706 – Home Of The Eagles!
http://www.denhamspringsappraisers.com/ – Denham Springs Real Estate Appraisers: Info on Granite Countertops
http://www.accuratevg.com/ – Greater Baton Rouge Named Second Best Economic Development Market! The Baton Rouge Business Report AM is delivering Great News for the Greater Baton Rouge housing market. The link to the article is here! Here’s the good news: “Baton Rouge is ranked second by Southern Business and Development magazine among the top 10 mid-markets of the decade, based on the amount of new and expanded project wins over the last 10 years. Some of the notable projects in the top-10 issue include: Albemarle, Electronic Arts, SNF Holding Company and The Shaw Group. Project wins that affected rankings must have consisted of 200 or more jobs and/or $30 million or more in capital investment. Huntsville, Ala., was the only city to top Baton Rouge. Baton Rouge was also ranked third-best metro area in economic development in 2009 by Site Selection magazine. Adam Knapp, BRAC president and CEO, says he attributes the area’s success to the chamber’s “Campaign for a Greater Baton Rouge.” The Southern Business and Development Story can be found here.“
http://www.batonrougerealestateappraisal.com/ – Video: How 2009 Major Appraisal Industry Changes Have Impacted Baton Rouge Real Estate, Part 2 Baton Rouge Real Estate: How 2009 Appraisal Industry Changes Are Impacting Baton Rouge Housing, Part 2. In this video, Bill Cobb Appraiser and Realtor/Broker Tony Zito discuss home appraisal industry changes and how those changes are impacting Baton Rouge home appraisals.