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Baton Rouge Real Estate Housing Prices Continue To Increase

http://www.batonrougerealestateappraisers.net/ - Greater Baton Rouge Housing Prices Continue To Increase

The Baton Rouge Business Report Reported Last Week About Increases In Local Housing Prices. The link is at: http://www.businessreport.com/archives/real-estate-weekly/2009/jun/02/1008/

Here’s A Snippet:

“Baton Rouge home prices were up 2.4% in March, compared to the year before, another sign of market stability in the wake of a national housing downturn. The modest increase was a little worse than the February numbers from First American CoreLogic’s Home Price Index. In February, Baton Rouge home prices were 4.14% higher than what they were in February 2008. Nationally, home prices were down 11.5% in March when compared to the year before. In Louisiana, home prices were up 1.76% in March, the third-highest appreciation rate in the nation. Only West Virginia (7.45%) and South Dakota (1.95%) were higher. First American bases the HPI on public records sources such as property sales, tax assessments and mortgage filings. First American notes that 44 states had price declines in March, compared with 30 the year before, and the number of states posting double-digit price drops went from seven in March 2008 to 14 in March 2009. First American notes that U.S. home prices, which peaked in July 2006, have fallen more than 22% and are at their lowest point in five years.”

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Subscribe To The Updated Greater Baton Rouge Real Estate YouTube Channel http://www.youtube.com/batonrougeappraiser

http://www.gbrrealtyvisualtour.com/ - Greater Baton Rouge Real Estate YouTube Channel Updated – The Link To The Greater Baton Rouge Real Estate News & Video Tours Is At:

The Greater Baton Rouge Real Estate News & Video Tours

The Greater Baton Rouge Real Estate News & Video Tours YOUTUBE Channel is dedicated to providing video news and video tours of local residential real estate within East Baton Rouge Parish, West Baton Rouge Parish, Northern Ascension Parish and Western Livingston Parish. In East Baton Rouge Parish, we cover Baton Rouge, Baker 70714, Zachary 70791, Greenwell Springs 70739 and Pride 70770. In West Baton Rouge Parish, we cover Port Allen 70767, Brusly 70719 and Addis 70710. In Ascension Parish, we cover Prairieville 70769, Gonzales 70737, Geismar 70734, Sorrento 70778 and Saint Amant 70774. In Livingston Parish, we cover Denham Springs 70726 & 70706, Walker 70785 and Livingston 70754.

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Woodridge Subdivision 70809 May 2009 Update: Baton Rouge Subdivision Videos

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

woodridge1

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.

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Here’s One Of The Finest Outdoor Kitchens I’ve Ever Seen

http://www.batonrougerealestateappraisers.net/ - Here’s One Of The Finest Outdoor Kitchens I’ve Ever Seen.

Louisiana Outdoor Kitchen

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