Beau Chene Denham Springs Home Sales 2017-2018

Beau Chene Denham Springs Home Sales 2017-2018 Beau Chene Home Sales Trends 2017 to May 11 2018 Thirteen Sales from $135,000 to $158,000 without seller paid concessions removed…see comment below Median Sales Price $140,000 Median Sold Price: $115 per sq ft Median Sales Price After Average Seller Paid Concession Of $3816 Is Deducted: $136,184 Median Sales Price Per Sq Ft After Average Seller Paid Concession Of $3816 Is Deducted: $113 Average Sold Price: $141,892 Average Sold Price: $114 per sq ft Average Sales Price After Average Seller Paid Concession of $3816 Is Deducted: $138,076 Average Sales Price Per Sq Ft Continue reading Beau Chene Denham Springs Home Sales 2017-2018

Do Homes in Watson Louisiana 70706 Have Higher Values Than Denham Springs 70726?

Do Homes in Watson 70706 Have Higher Values Than Denham Springs 70726? I’m working on a pre-listing appraisal off Dunn Road of a home on 1 acre and there’s some good comps both in 70726 and 70706. Is there a provable supportable location adjustment for 70726 vs 70706? The charts help answer the question with an upward or increasing trend line for 70706 vs a flat trend line for 70726. From 1/1/2017 to 2/7/2018 1200sf to 2000sf DSF non-flooded sales stats: 70706: 157 Sales Median Sales Prices $174,900 and $118/sf 70726: 547 Sales Median Sales Prices $168,127 and $110/sf So, Continue reading Do Homes in Watson Louisiana 70706 Have Higher Values Than Denham Springs 70726?

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 Continue reading Richmond Place Denham Springs Home Prices Increasing in 2017

Crestwood Subdivision Waston Denham Springs home sales trends 2016

Crestwood Subdivision home sales trends are listed below as a result of Livingston Parish home sales research. As far as I know, Crestwood did not flood during the Great Flood of August 2016. Crestwood February 2016 to February 2017 Home Sales Trends 12 Sales from $110,000 to $156,000 Median Sales Price $138,500 Median Sold Price Per Sq. Ft.: $115/sf Average Sold Price: $135,975 Average Sold Price Per Sq. Ft.: $111/sf Homes Sold From $85/sf to $120/sf Average SP/LP% 99% Average Days On Market: 35 Days Average Home Is 3 Bedrooms, 2 Baths, 1,227sf The “Average SP/LP% 99%” or Listing To Continue reading Crestwood Subdivision Waston Denham Springs home sales trends 2016

Lakes at Belle Terre Denham Springs Watson Home Sales Trends 2016

Bill Cobb Denham Springs Appraiser was recently studying homes sales within The Lakes At Belle Terre Subdivision 70706 and discovered these housing trends.   June 2015 to June 2016 Lakes at Belle Terre Home Sales Trends Nine Sales from $192,000 to $231,900 Median Sales Price $214,900 Median Sold Price Per Sq. Ft.:$111/sf Average Sold Price: $211,017 Average Sold Price Per Sq. Ft.:$113/sf Homes Sold From $104/sf to $122/sf Average SP/LP% 99% Average Days On Market: 79 Days Average Home Is 3 Bedrooms, 2 Baths, 1,882sf The “Average SP/LP% 99%” or Listing To Sales Price Ratio means the average home sold Continue reading Lakes at Belle Terre Denham Springs Watson Home Sales Trends 2016

Paradise Lakes Subdivision Denham Springs Home Sales Update 2015-2016

Paradise Lakes Subdivision Home Sales located in Denham Springs Within Paradise Lakes, there’s only been 1 sale to report on since January 1, 2015 for $242,500 or $109.68/sf being 7381 Lake Meadow Drive with 2,211sf 7/3/2.5. This must have been a very motivated seller because I appraised this home in the past and know it was higher than average quality plus had a $30,000 workshop in backyard with matching architectural style. Photo of this home is below. Paradise Lakes Homes Collage is below.   Below, I’m sharing the GBRMLS home sales trends charts for Paradise Lakes as a historical view. Continue reading Paradise Lakes Subdivision Denham Springs Home Sales Update 2015-2016

Lakes At Belle Terre Home Sales 2015 Denham Springs Watson

Lakes At Belle Terre Home Sales 2015 Denham Springs Watson   The Lakes At Belle Terre 2015 Home Sales TrendsThirteen Sales from $177,500 to $274,500 Median Sales Price $203,000 Average Sold Price: $206,419 Average Sold Price:$110/sf Homes Sold From $101/sf to $116/sf Average SP/LP% 96% Average Days On Market: 99 Days Average Home Size: 1,873sf The “Average SP/LP% 96%” or Listing To Sales Price Ratio means the average home sale sold for 4% less than listing price.   The Lakes At Belle Terre Current GBRAR Listings: Five Lisitngs from $195,000 to $231,900 Median Listing Price $216,900 Average Listing Price: $214,140 Continue reading Lakes At Belle Terre Home Sales 2015 Denham Springs Watson

Will Waton Gravel Pit Lower Oak Hills Subdivision Denham Springs Home Values?

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 Continue reading Will Waton Gravel Pit Lower Oak Hills Subdivision Denham Springs Home Values?

Livingston Parish Home Sales February 2013 versus February 2014

Livingston Parish Home Sales February Slideshare 2013 versus February 2014

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 Continue reading Livingston Parish Home Sales February 2013 versus February 2014

20 Livingston Parish 2013 Home Sales Facts

20 Livingston Parish 2013 Home Sales Facts Here are Twenty (20) quick statistics for the Livingston Parish Louisiana Housing Market for all of 2013 and considering that Interest rates went up over 1% in 2013. The information below is for ALL type property types. Includes The Top 20 Best Selling Subdivisions. 1.) Total Number of Ascension Parish Home Sales 1494. 2.) Number of Sales increased by 227 or +18%, from 1267 in 2012 to 1494 in 2013. 3.) Dollar Sold Volume increased by 27% rounded, $193,851,782 in 2012 versus $245,571,347 in 2013. 4.) Average sales price INCREASED 7% or $11,371 in 2013, Continue reading 20 Livingston Parish 2013 Home Sales Facts