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Ascension Parish Greater Baton Rouge Housing Trends $100K To $600K Two Year Study Released

By
Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851

http://www.batonrougerealestatetrends.net/ - Greater Baton Rouge Ascension Parish Housing Trends $100K To $600K Two Year Study Released!  Some Improving News In The Numbers!

 

Accurate Valuations Group Appraiser, Bill Cobb, has performed a 2 year housing market study on Ascension Parish Housing in GBR MLS Areas 90, 91 and 92 from 9/1/2008 to 9/30/2010.  Search parameters were ALL Residential Housing (except Manfactured Housing) from $100,000 to $600,000 in ALL age ranges. The charts on this page are the results of the study.

The At-A-Glance Results Are Below:

The median sold price is up 4%
 
The median price of for sale properties is down 15% and the median price of sold properties is up 4%
 
The number of sold properties is up 27%
 
The number of under contract properties is up 67%
 
The number of new properties is up 47%
 
The number of for sale properties is down 10%
 
The number of expired properties is down 15%
 
The number of for sale properties is down 10% and the number of sold properties is up 27%
 
The average days on market is down 13%
 
The average months supply of inventory is down -49.0%

 

 

The Results With Charts Illustrating Results Are Below:

 

The median sold price is up 4%

 

The median price of for sale properties is down 15% and the median price of sold properties is up 4%

 

 

The number of sold properties is up 27%

 

The number of under contract properties is up 67%

 

The number of new properties is up 47%

 

The number of for sale properties is down 10%

 

The number of expired properties is down 15%

 

The number of for sale properties is down 10% and the number of sold properties is up 27%

 

The average days on market is down 13%

 

The average months supply of inventory is down -49.0%

 

 

And, the Ascension Parish Residential Building Permits at Mid-Year Showed A Continual Slowdown

 

 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of Sept 1, 2008 to Sept 30, 2010. This information was extracted on 10/25/2010.

 

 

Comments(2)

MARY MITTEN
Keller Williams Premier Partners - Mandeville, LA

William:

We are seeing similar trends in E. Livingston and Tangipahoa Parishes.   Nice job.

Oct 26, 2010 01:57 AM
Tom Priester
Paradise Sharks - Jupiter, FL
Paradise Sharks

William, aways enjoy your local market updates to see how things are moving in your area. I hope your business in fantastic and thank you again for sharing. Cheers!

Oct 26, 2010 10:43 PM