Woodland Crossing Denham Springs Home Sales Update 2016

Denham Springs Home Appraiser Bill Cobb has put together Woodland Crossing Subdivision Denham Springs Livingston Parish Home Sales Update 2016   Woodland Crossing was developed around 2003-2004 by PCC Homes, sold to DR Horton in 2006 after Hurricane Katrina and new filings by DSLD Homes took place into 2014-2015. I’m currently working on a Denham Springs Louisiana Home Appraisal and discovered these market trends. The following is a report on the home sales that took place and the prices paid for these homes. January 1 2016 to February 19 2017 Woodland Crossing Subdivision Home Sales Trends: 88 Sales From $84,810 to $202,000 Median Sales Price $158,000 Average Sold Price Price $157,936 Average Sold Price Price Per Square Foot $96 Average Listing To Sales Price Ratio: 100 percent (homes are selling for 100% of listing prices) Average Days On Market: 44 Days Average Home Size: 1,613sf 3 bedrooms, 2 baths   Current Woodland Crossing Subdivision GBRMLS Listings: 2 Active Listings $155,000 to $204,900 from $90 to $103 per sq. ft. 12 Under Contract Listings Listed From $79,000 to $235,900 from $62 to $127 per sq. ft. Median Active Listing Price $179,950 Median Active Listing Price $96 per sq. ft. Median UnderActive Continue reading Woodland Crossing Denham Springs Home Sales Update 2016

Richmond Place Denham Springs Home Prices Increasing in 2017

Bill Cobb Appraiser has released a Richmond Place Subdivision Denham Springs Watson Home Sales Update 2016-2017, Prices Increasing in 2017 Are Watson home values higher after the flood? At least in Richmond Place where it did not flood and those subdivisions competing with Richmond Place style and quality homes, they are higher. With low inventory, the 1998sf Evangeline Meridian PCC plan is listed at $189,900 with 2 pendings. There’s sort of this debate on Facebook about whether home prices are up post flood. To some extent they are, but this isn’t the same run up as the post Katrina market either. In this example comparing median sales price of $164,000 to current $175,950, that’s an increase of 7.2%. HOWEVER, see the chart below showing in May 2015, median sales prices were at $175,000 meaning this increase into 2017 is a recovering market. Have ALL Watson homes increased 7.2% since 12 months ago? I don’t know as it wouldn’t be a fair comparison to compare non-flooded subdivisions with flooded subdivisions. Only time and recovery will determine where prices go from here…and there’s almost no flooded-repaired sales in MLS to know yet.       Richmond Place Home Sales Trends 27 Sales Continue reading Richmond Place Denham Springs Home Prices Increasing in 2017

Acadiana Place Subdivision Denham Springs Home Sales 2016

Denham Spring’s Watson’s Acadiana Place Subdivision home sales trends are listed below as a result of flooded home sales research. Yes, Acadiana Place experienced flooding during the August 2016 “Great Flood” and has recovered to some extent. I expect Acadiana Place to make a full recovery and home sales prices to be perhaps higher than pre-flood as long as FEMA does not drastically raise flood insurance premiums. These numbers below primarily took place before the flood.   Acadiana Place February 2016 to February 2017 Home Sales Trends 7 Sales from $130,000 to $211,000 Median Sales Price $181,000 Median Sold Price Per Sq. Ft.: $118/sf Average Sold Price: $179,000 Average Sold Price Per Sq. Ft.: $116/sf Homes Sold From $88/sf to $135/sf Average SP/LP% 99% Average Days On Market: 9 Days Average Home Is 3 Bedrooms, 2 Baths, 1,538sf The “Average SP/LP% 99%” or Listing To Sales Price Ratio means the average home sold for 1% less than listing price. I lik this modification above, a screened carport to enjoy the yard more. Trying to sell a flooded-renovated home? 225-293-1500   Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 02/01/2016 to 02/02/2017, extracted on 02/02/2017.

Livingston Parish 2016 Home Sales Stats By Subdivision Name

Livingston Parish 2016 Home Sales Stats By Subdivision Name, A Suburb of Baton Rouge. Study includes all residential sales for all types of single family properies in 2016. Study by Bill Cobb Appraiser 225-293-1500 and http://www.denhamspringsappraisers.com Overall in 2016, Livingston Parish real estate experienced a good year with lower inventory forcing increasing prices…until the Great Flood, see chart below. In November 2015, the median sales price was $163,000 which peaked in August at $184,000 only the slide down to $155,000 in November 2016. I believe this correction in home prices could last longer than surrounding Parishes because Livingston was so hard hit by the Great Flood. And, as the experts have stated, it could take up to two years for flood damaged inventory to be repaired and absorbed back into this market. Livingston Parish 2016 Median Home Solds Prices Chart Source: Based on data used with permission of the Greater Baton Rouge Association of REALTORS / MLS from 11/1/2015 to 11/30/2016, extracted on 12/30/2016. Here’s the list of Livingston Parish subdivisions experiencing home sales in 2016, as provided and defined by Greater Baton Rouge Association of REALTORS, along with the statistics of these sales. Pecan Creek Subdivision Correction: A manual Continue reading Livingston Parish 2016 Home Sales Stats By Subdivision Name

Richmond Place Subdivision Denham Springs Louisiana Home Sales Update 2016

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Richmond Place Subdivision and discovered these housing trends.   May 2015 to May 2016 Richmond Place Home Sales Trends 24 Sales from $108,661 to $193,900 Median Sales Price: $157,250 Median Sold Price Per Sq. Ft.: $91/sf Average Sold Price: $155,978 Average Sold Price Per Sq. Ft.: $89/sf Homes Sold From $69/sf to $104/sf Average SP/LP% 97% Average Days On Market: 80 Days Average Home In Subdivision Is: 1,767 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 97%” or Listing To Sales Price Ratio means the average home sale sold for 3% 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 05/01/2015 to 05/26/2016, extracted on 05/26/2016

Plantation Estates Subdivision Denham Springs Louisiana Home Sales Update

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Plantation Estates Subdivision and discovered these housing trends.   May 2015 to May 2016 Plantation Estates Home Sales Trends 14 Sales from $216,000 to $409,000 Median Sales Price $239,500 Median Sold Price Per Sq. Ft.:$100/sf Average Sold Price: $271,278 Average Sold Price Per Sq. Ft.:$101/sf Homes Sold From $76/sf to $119/sf Average SP/LP% 97% Average Days On Market: 75 Days Average Home In Subdivision Is: 2,747 sq. ft. 3 bedrooms, 3 bathrooms The “Average SP/LP% 97%” or Listing To Sales Price Ratio means the average home sale sold for 3% 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 05/01/2015 to 05/21/2016, extracted on 05/26/2016

Pecan Creek Subdivision Denham Springs Louisiana Home Sales Update

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Pecan Creek Subdivision and discovered these housing trends.   May 2015 to May 2016 Pecan Creek Home Sales Trends 5 Sales from $240,000 to $370,000 Median Sales Price $249,900 Median Sold Price Per Sq. Ft.:$109/sf Average Sold Price: $274,280 Average Sold Price Per Sq. Ft.:$108/sf Homes Sold From $84/sf to $123/sf Average SP/LP% 100% Average Days On Market: 42 Days Average Home In Subdivision Is: 2,570 sq. ft. 4 bedrooms, 2 bathrooms The “Average SP/LP% 100%” or Listing To Sales Price Ratio means the average home sale sold for 100% listing price, no discount.       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 05/01/2015 to 05/21/2016, extracted on 05/21/2016

Park Place Subdivision Walker Louisiana Home Sales Update 2016

Bill Cobb Appraiser recently performed a home appraisal in Park Place Subdivision in Walker and discovered these housing trends.     June 2015 to June 2016 Park Place Home Sales Trends 7 Sales from $55,000 to $182,000 Median Sales Price $139,900 Average Sold Price: $132,900 Median Sold Price Per Sq. Ft.: $104/sf Average Sold Price Per Sq. Ft.: $95/sf Homes Sold From $46/sf to $107/sf Average SP/LP% 100% Average Days On Market: 100 Days Average Home In Subdivision Is: 1,391 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 100%” or Listing To Sales Price Ratio means the average home sale sold for listing price, no discount.       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 06/12/2016, extracted on 06/12/2016

Ball Park Subdivision Walker Louisiana Home Sales Update 2016

Bill Cobb Appraiser recently performed a Walker home appraisal in Ball Park Road Subdivision and discovered these housing trends.   January 2014 to June 2016 Ball Park Road Home Sales Trends 3 Sales from $120,900 to $125,000 Median Sales Price $122,500 Average Sold Price: $122,800 Median Sold Price Per Sq. Ft.: $94/sf Average Sold Price Per Sq. Ft.: $95/sf Homes Sold From $93/sf to $99/sf Average SP/LP% 99% Average Days On Market: 74 Days Average Home In Subdivision Is: 1,288 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 01/01/2014 to 06/29/2016, extracted on 06/29/2016

Madison Oaks Subdivision Walker Louisiana Home Sales Update 2016

Bill Cobb Appraiser recently performed a home appraisal in Madison Oaks Subdivision in Walker and discovered these housing trends.   June 2015 to June 2016 Madison Oaks Home Sales Trends 4 Sales from $159,900 to $225,000 Median Sales Price $166,600 Median Sold Price Per Sq. Ft.:$104/sf Average Sold Price: $179,525 Average Sold Price Per Sq. Ft.:$106/sf Homes Sold From $100/sf to $116/sf Average SP/LP% 100% Average Days On Market: 94 Days Average Home In Subdivision Is: 1,682 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 100%” or Listing To Sales Price Ratio means the average home sale sold for 100% of the listing price, no discount.       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 06/02/2016, extracted on 06/02/2016

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