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ascension parish real estate market analysis: Ascension Parish, LA - July Closings Down & New Contracts Up - 08/11/10 04:01 PM
Ascension Parish Real Estate Market Report The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database. The data are presumed accurate but are not warranted. There was a sharp drop in the number of closings (unit sales) in Ascension parish during July as the following chart illustrates. During June there were a total of 142 detached single family homes transferred while in July only 63 DSF homes transferred. This is a drop of more than 55%! Clearly a significant number of closings during the first half of 2010 were attributable to the Home
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ascension parish real estate market analysis: Ascension Parish, LA: Tax Credit Expiration Effects - 07/01/10 05:44 PM
Ascension Parish Real Estate Market Report - Effects of Tax Credit Expiration The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database. The data are presumed accurate but are not warranted. The data collected were for detached single family homes in Ascension parish which went under contract between January 1, 2010 and June 30, 2010. In order to qualify for the $8,000 or $6,500 homebuyer tax credit, a homebuyer had to have an accepted contract in place on or before April 30, 2010. I wanted to quantify the impact of the expiration of
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ascension parish real estate market analysis: Ascension Parish, LA: New Construction Paradigm Shift - 05/08/10 05:23 PM
Ascension Parish New Construction Paradigm Shift The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database and represent sales of detached single family homes from January 2005 through April 2010. The data are presumed accurate but are not warranted. My past few blog posts about the Ascension parish real estate market have referred to a change in the make-up of what buyers of new construction are purchasing. I believe that the next three charts illustrate that paradigm shift. Each vertical line in the charts represents the percent of total unit sales for each
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ascension parish real estate market analysis: Ascension Parish, LA: Real Estate Market Update for Jan-Apr 2010 - 05/08/10 03:53 PM
Ascension Parish Real Estate Market Report The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database and represent sales of detached single family homes from January 2005 through April 2010. The data are presumed accurate but are not warranted. Unit sales in the parish were down a bit in April from unit sales in March. Both new construction and re-sale market segments were down. On the other hand, unit sales in April 2010 was higher in both segments than in April of 2009. New construction unit sales in the period from January through
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ascension parish real estate market analysis: Ascension Parish, LA Real Estate - Market Update for February 2010 - 03/04/10 11:58 AM
Ascension Parish Real Estate Market Report The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database. The data are presumed accurate but are not warranted. Overall unit sales for the first two months of 2010 are up when compared with the first two months of 2009. New construction is down by a single unit while resale homes are up by four units as the following chart illustrates. The price per square foot of living area has declined once again for new construction indicating that the shift toward more affordable homes with fewer amenities
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ascension parish real estate market analysis: Ascension Parish, LA Real Estate - Market Update for September 2009 - 10/11/09 03:03 PM
Ascension Parish Real Estate Market Report The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database. The data are presumed accurate but are not warranted. As 2009 comes to a close the real estate market in Ascension Parish is continuing to resist the gloom haunting other markets in the country and is, in fact, showing signs of growth. The following chart shows monthly unit sales for the past several years. For September 2009, sales of previously owned homes exceeded sales in that market segment in both July and August of this year and
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ascension parish real estate market analysis: Ascension Parish, LA Real Estate - Market Update for August 2009 - 09/08/09 12:23 PM
Ascension Parish Real Estate Market Report Through August 2009 The following analysis is based upon data extracted from the Greater Baton Rouge Association of Realtors MLS database. Only data for detached single family (DSF) dwellings were considered. Two thirds of the way through 2009, the market for homes in Ascension parish is quite healthy. My own experience and conversations with other real estate professionals point to finance as the biggest obstacle in the way of further market expansion. That said, our market is, for the most part, vibrant and has weathered the national economic downturn quite well. The first four charts
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ascension parish real estate market analysis: Ascension Parish, LA Real Estate - 2009 Mid-year Market Report - 07/09/09 01:35 PM
Ascension Parish Real Estate Market Report 2009 Mid-year Report This mid-year report is the result of my analysis of data retrieved from the Greater Baton Rouge Association of Realtors MLS database. Only data relating to detached single family (DSF) homes were included. As I have done in the past, a distinction was made between new construction and previously owned (re-sale) homes. Unit sales have continued to improved as indicated by the next chart. Sales of new construction are projected in 2009 to exceed sales of new construction in 2008. While recent improvements have been observed, home sales in the re-sale market
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ascension parish real estate market analysis: Ascension Parish, LA Real Estate - Market Update for February 2009 - 03/10/09 03:39 PM
Ascension Parish Residential Real Estate Market Analysis - February 2009 The information presented in this post is based upon data extracted from the Greater Baton Rouge Association of Realtors MLS database. For the purposes of my analysis, I included data for detached single family dwellings which sold in Ascension parish for the years 2004 through February 2009. I identified the home sales as either New Construction or Re-Sale because, in my experience, they have distinct characteristics. The following chart shows unit sales by month since January 2004. We observe that overall (indicated by the green lines) there has been a generally
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ascension parish real estate market analysis: Ascension Parish Real Estate - Market Update Year-end 2008 - 01/19/09 05:36 PM
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN"> <!-- Created with the CoffeeCup HTML Editor 2008 --> <!-- http://www.coffeecup.com/ --> <!-- Brewed on 1/19/2009 4:35:09 PM --> Ascension Parish 2008 Year End Residential Real Estate Market Analysis Ascension Parish 2008 Year End Residential Real Estate Market Analysis Recent articles in the national and local press have, in my opinion, been pretty negative regarding the real estate market. I think there is more to the story that needs telling so people can make informed decisions about the real estate market. The information presented in this post is based upon data extracted from the
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ascension parish real estate market analysis: Ascension Parish Real Estate - Market Update September 2008 - 10/09/08 11:37 AM
Ascension Real Estate Market Update - September 2008 Hurricane Gustav did not impact the Greater Baton Rouge Real Estate Market like Hurricane Katrina did in 2005. In fact, it had the opposite effect. With massive power outages effecting the Greater Baton Rouge area the sales of detached single family homes plummeted during September. The following chart illustrates the impact of Gustav upon unit sales in Ascension Parish. We live in interesting times. It will be interesting to see whether unit sales will rebound in October because, in addition to the effect that Gustav had on our local market, we are faced
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ascension parish real estate market analysis: Ascension Parish Real Estate - Market Update July 2008 - 08/14/08 12:05 PM
Ascension Parish Real Estate Market Update - July 2008 This report presents a comprehensive view of the real estate market for detached single-family homes in Ascension Parish. Current and historical sales data are examined together with census projections to gain some insight into the future of real estate in this market area.* Historical and current data were obtained from the Greater Baton Rouge Association of Realtors MLS database. Data were extracted representing sales from January 1, 2003 through July 31, 2008. Only data for Detached Single Family homes were included in the analysis. Manufactured homes and multi-family dwellings are outside the
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Don Stern ~ Greater Baton Rouge Real Estate
Baton Rouge,
LA
More about me
Realty Executives South Louisiana
Address: 15651 Airline Hwy., Suite B, Prairieville, LA, 70769
Office Phone: (225) 677-7772
Cell Phone: (225) 413-3624
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Analyses, thoughts & commentary relating to the Greater Baton Rouge area real estate market.
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