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Posts Tagged ‘Real Estate Trends’
Baton Rouge Homes: Millbrook Subdivision 2010 Home Sales Price Trends
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Homes: Millbrook Subdivision 2010 Home Sales Price Trends
Solds In Millbrook Subdivision from 1/2010 to 12/31/2010 revealed:
Average Sales Price: $229,300 ($254,000 in 2009)
Average Sold Price Per Sq. Ft.: $125.23/sf ($120.97/sf in 2009)
Median Sold Price: $235,000 ($254,000 in 2009)
Number of Sales: 3 (2 in 2009)
Average Number of Days On Market: 109 (100 in 2009)
Low To High: $215,000 to $238,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 1, 0 Are Foreclosures
Current Listings Price: $226,000 or $128/sf (Notice this listing is generally priced $7/sf above 2010 support in Millbrook)
For the numbers above, one must keep in mind the sizes of the homes sold. In 2009, there were 2 homes sold averaging 2,103sf living area size. The 3 2010 solds averaged 1,831sf, 272sf smaller than the 2009 solds. Thus, it would make sense for the 2009 median sales price to be higher.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to December 31, 2010. This information was extracted on 1/1/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Tags: Baton Rouge Estate Appraisers, Baton Rouge FHA Appraisers, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends,
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Baton Rouge Housing Trends: Shenandoah Hills Subdivision 2010 Home Prices Increase
http://www.batonrougerealestateappraisers.net/ – Baton Rouge Housing Trends: Shenandoah Hills Subdivision 2010 Home Prices Increase!
Solds In Shenandoah Hills Subdivision from 1/2010 to 12/31/2010 revealed:
Average Sales Price: $146,357 ($133,260 in 2009)
Average Sold Price Per Sq. Ft.: $108.12/sf ($99.34/sf in 2009)
Median Sold Price: $149,500 ($132,500 in 2009)
Number of Sales: 7 (5 in 2009)
Average Number of Days On Market: 44 (48 in 2009)
Low To High: $129,900 to $152,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 3, 0 Are Foreclosures
Current Listings Price: $140,900 to $150,900 or $105 to $113/sf
The Median Sales Price has increased from $132,500 in 2009 and $144,000 in 2008 to $149,500 in 2010.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to December 31, 2010. This information was extracted on 1/1/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Tags: Baton Rouge Estate Appraisers, Baton Rouge FHA Appraisers, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends,
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Baton Rouge Real Estate Trends: Tuscany Villas Subdivision 2010 Trend 70817
http://www.batonrougerealestateappraisers.net/ – Baton Rouge Real Estate Trends: Tuscany Villas Subdivision 2010 Trend 70817
Solds In Tuscany Villas 1/1/2010 to 9/13/2010 revealed:
Average Sales Price: $184,792
Average Sold Price Per Sq. Ft.: $125.21/sf
Median Sold Price: $185,500
Number of Sales: 6
Low To High: $180,000 to $188,000
Current # Listings: 2
Current Listings Prices: $189,900 To $191,900
THE TREND: The trend since 2009 is a lower average and median sold price and lower price per sq. ft., but based on only 1 sold in 2009. In 2009, there was one sale (1) for $198,000 or $131/sf. In 2008, there were 3 solds averaging $126/sf, average solds of $187,333 and median solds of $190,000. So, it appears that 2010 sales have softened somewhat the average and median sold prices and average sold price per square foot.
Tags: Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends, Real Estate Baton Rouge, Tuscany Villas, Trends Baton Rouge Real Estate, 70817
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New Steel Home Construction Being Built in Baton Rouge in 2009 – May 2010 Follow Up Video
http://www.batonrougerealestateappraisal.com/ – New Steel Home Construction Being Built in Baton Rouge in 2009 – May 2010 Follow Up Photo and Video
On March 29, 2009, I posted the video below of new Baton Rouge Steel Homes under construction. Above and Below this video is is the follow up photo and video in May 2010 of what these steel homes turned out to look like. Enjoy!
Tags: baton rouge real estate buzz, Baton Rouge Real Estate Photos From The Field, baton rouge real estate trends, Baton Rouge Real Estate Tube, baton rouge realtors, steel homes, baton rouge steel homes, 70810
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Baton Rouge Real Estate Buzz: Multiple Renovations and New Homes In University Gardens 70808
http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Buzz: Multiple Renovations and New Homes In University Gardens 70808
I was appraising a home in University Gardens on Saturday and noticed a substantial amount of renovations projects taking place along with these two new homes under construction on corner lots back-to-back below. It appears the trend in this market is to stay put and renovate or add-on and renovate and/or demolish and build new.
Tags: baton rouge, baton rouge real estate, baton rouge real estate agents, baton rouge real estate appraisers, baton rouge real estate trends, baton rouge realtors, baton rouge garden district, lsu, baton rouge cbd
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