Plantation Estates Subdivision Denham Springs Post Flood Home Sales Update as of May 29 2017 Are buyers willing to purchase flood-renovated homes in Plantation Estates closer to Interstate 12 and the Amite River? According to GBRMLS, homes on Hermitage Dr experienced 4.5 feet of flood water. See my commentary in the Number of Post Flood Renovated Listings: 2 section. There’s only two GBRMLS listings, period. Other Western Livingston Parish flood updates can be found here: http://www.denhamspringsappraisers.com/category/flood-study/ As far as I know, ALL homes in Plantation Estates flooded during the “Great Flood” of August 12-15, 2016. I use the term “ALL” Continue reading Plantation Estates Denham Springs Post Flood Sales Update May 2017
Did Great Flood Send Denham Springs Livingston Parish Home Prices Lower? Absolutely…initially! As median sales price chart below illustrates, prices have declined from $165,000 to $156,000 since January 1 2016 because of the $25,000 to $125,000 sales prices of flooded damaged homes. However…see below HOWEVER, sales prices of flooded-renovated Western Livingston Parish homes would blow your mind. It’s as if today’s post-flood home buyers don’t have any context as to what homes were worth pre-flood…and some of the problems inside subdivisions like Shadow Springs. This is in part due to low inventory, not enough homes available to purchase, and lack Continue reading Did Great Flood Send Denham Springs Livingston Parish Home Prices Lower?
Livingston Parish Home Sales Stats 2013 to 2016 and have Livingston Parish home sales price DECLINED since the flood? Prepare for home price spikes! From 2013 to 2016, Livingstonge home sales have generally increased from 1498 in 2013 to 1947 in 2016 or 30%. The median days on market or time it takes to sell a home has declined from 54 days to 31 days. And, after the flood, flooded-renovated homes are generally selling in under 10 days. Sold price per square foot has risen from $97 in 2013 to $106 in 2016. Includes Detached Single Family, Attached Single Family Continue reading Livingston Parish Home Sales Stats 2013 to 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
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 Continue reading Livingston Parish 2016 Home Sales Stats By Subdivision Name
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 Continue reading Park Place Subdivision Walker Louisiana Home Sales Update 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
Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Hidden ridge Subdivision in Walker Louisiana and discovered these housing trends. June 2015 to June 3, 2016 Hidden Ridge Home Sales Trends Six Sales from $147,500 to $175,000 Median Sales Price $155,500 Average Sold Price: $158,066 Median Sold Price Per Sq. Ft.: $108/sf Average Sold Price Per Sq. Ft.: $109/sf Homes Sold From $97/sf to $115/sf Average SP/LP%: 98% Average Days On Market: 65 Days Average Home In Subdivision Is: 1,488 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 98%” or Listing To Sales Price Ratio means Continue reading Hidden Ridge Walker Louisiana Home Sales Trends 2015-2016
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
Live Oak Landing Subdivision Denham Springs Watson Home Prices Update Sourced through Scoop.it from: activerain.com Live Oak Landing Subdivision Denham Springs Watson Home Prices Update 2014 to 2015 Read more: http://activerain.com/blogsview/4790381/live-oak-landing-subdivision-denham-springs-watson-home-prices-update?