http://www.batonrougerealestateappraisal.com/ – Baton Rouge Business Report & First American Core Logic: Baton Rouge Home Prices Down Slightly

(In this example above, this Baton Rouge Housing Market in 70815 has experienced more than just a slight decline in median sales price and an oversupply of competing housing. Parameters are the 1900sf to 2400sf living area size range)

The Link is Here! Here’s a snippet of from the report:

“A new report says Baton Rouge home prices dropped 0.41% in August from the year before. First American Core Logic says the local Home Price Index was down from August 2008, after a 0.8% increase in July. That local decrease is much better than the 10.1% drop reported in First American’s national index in August. Louisiana’s index was down 3.9% during the month. First American predicts U.S. home prices will hit bottom in March, because of the increasing number of homes entering the foreclosure process and the expiration of a tax credit for first time homebuyers — although members of Congress are working to extend the credit into next year. By August 2010, First American projects the home price index will be up 4.6% nationally and 0.51% in Baton Rouge.”

http://www.batonrougerealestateappraisers.net/ – Baton Rouge Business Report Poll Says Strongest Area Housing Market Is Under $250,000

The Baton Rouge Business Report’s Real Estate Weekly just announced the results from their Poll.   Here are the details are directly quoted,

“Fifty-one percent of people who participated to a Real Estate Weekly poll say the strongest housing market is in the $175,001 to $250,000 range. Thirty-five percent of respondents to the online survey say the $175,000 and under range is doing the best, while 10% selected the $250,001 to $350,000 range. More than 125 people participated in the survey.”

The link to the R.E. Weekly is at: http://www.businessreport.com/archives/real-estate-weekly/2009/jul/07/1067/

http://www.batonrougerealestateappraisers.net/ – Real Estate Baton Rouge: Springlake At Bluebonnet Highlands

http://www.batonrougerealestateappraisers.net/ – Baton Rouge’s Redstick Lofts Condos Near LSU & CBD

http://www.batonrougerealestateappraisers.net/ -  Woodridge Subdivision 70809 May 2009 Update: Baton Rouge Subdivision Videos

Solds In Woodridge Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $346,578
Average Sold Price Per Sq. Ft.: $138.84
Median Sold Price: $349,000
Low Sales Price: $271,000
High Sales Price: $409,000
Average # of Days On Market: 112
# of Sales: 36

Solds In Woodridge Subdivision from 01/01/2008 to 01/12/2009 reveals:
Average Sales Price: $336,160
Average Sold Price Per Sq. Ft.: $137.03
Median Sold Price: $349,500
Low Sales Price: $263,000
High Sales Price: $407,299
Average # of Days On Market: 96
# of Sales: 25

Solds In Woodridge Subdivision from 01/01/2009 to 05/15/2009 reveals:
Average Sales Price: $330,093
Average Sold Price Per Sq. Ft.: $138.96
Median Sold Price: $315,840
Low Sales Price: $260,000
High Sales Price: $439,000
Average # of Days On Market: 80
# of Sales: 9

Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Woodridge Subdivision, the market direction appears to be declining from a high in 2007 of $349,000 down to $315,840 currently. The Average Sales Price has decreased by -$16,485 or -4.76%. Median Sales Price has declined by -$33,160 or -9.5%. However, the Average Sold Price Per Sq. Ft. has remained stable from $138.84/sf to $138.96/sf – a strange phenomenon where the median sales price declines -9.5% but the average sold price per sq. ft. remains stable.

Baton Rouge Subdivision Videos: University Club Plantation 70810 – http://www.batonrougerealestateappraisers.net/

http://www.batonrougerealestateappraisers.net/2009-st-jude-dream-home/ – Baton Rouge 2009 St. Jude Dream Home Video – Updated

Drawing is November 1, 2009

“For more information about St Jude, please call 225-282-3240″ 

http://www.batonrougerealestateappraisers.net/ –
Green Trails At Shenandoah Baton Rouge LA 70817 Video

Information On Where To Purchase Your 2009 2009 St. Jude Dream Home Giveaway Ticket(s) Will Be Made Available Soon!

2009 Baton Rouge Saint Jude Dream Home Giveaway Sneek-Peak Video. Drawing Is Normally In August Of Each Year.

LOCATION:
38386 Rue Chateau
Gonzales, LA 70737
Located Off Babin Rd Near Hwy 621 @ Interstate 10 In Acadiana Of Ascension Subdivision

HOME DETAILS:
3,408sf Living Area
9 Total Rooms
4 Bedrooms
3.5 Bathrooms

Builder: Carlos Alvarez, Alvarez Construction

Lot Donated By Billwood Smith
There Are Many Local Individuals, Professionals & Businesses That Contribute Time & Resources To This Cause….Too Many To List Here, But They Are Greatly Appreciated.

Here’s The 2008 St. Jude Dream Home Video To Show What The 2009 Dream Home May Resemble!
Here’s The 2008 St. Jude Dream Home Video To Show What The 2009 Dream Home May Resemble!