baton rouge homes: Quarterly Sales Q1 2010 versus Q1 2011 For East Baton Rouge Parish - 04/09/11 09:44 AM
http://www.batonrougerealestatetrends.net/ - East Baton Rouge Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Report. Report shows minor 1% decrease in number of home sales over 2010 and significant declines in Average Sales Prices overall. Report includes ALL housing types in East Baton Rouge Parish.
 
Accurate Valuations Group (Home Appraisals) has completed an analysis of the East Baton Rouge Parish housing market from First Quarter 2010 versus First Quarter 2011. The results are below. Click the chart to view in a larger size.
 


 
This is a lot of data to report on in one … (0 comments)

baton rouge homes: The Reason For Some Greater Baton Rouge Low Appraisals? - 04/04/11 05:15 PM
http://www.batonrougerealestatetrends.net/ - Are Greater Baton Rouge Home Sales Stalling In The Under $140K Range? This is a post below I made to the Baton Rouge Real Estate Buzz Facebook Page Group on April 4, 2011.

 
 
I'm noticing a trend in the $100K to $140K range where home sales have slowed, if not stalled. I'm reading about mortgages drying up for some. I'm looking at a 1004MC or Market Conditions Form right now in 70810 Area 53 where 12 months ago there were 17 sales and 2 months supply and in First Quarter 2011 only 1 sale in current … (0 comments)

baton rouge homes: Baton Rouge Home Sales Trends: Woodstone Estates Home Sales Report - 03/27/11 12:30 AM
http://www.batonrougemarketmetrics.com/ - Baton Rouge Housing Trends: Woodstone Estates 2005-2010 Home Sales Report

 

 
Total # 2010 Sales: 11Average Sales Price: $385,127Median Sales Price: $384,900Average Sold Price: $116.37/sfAverage List To Sale Price Ratio: 96%Average Days On Market: 132

One 2011 Sale $389,000 or $129/sf. It appears Woodstone Median Sales Price Is Increasing Again. Median Prices since 2007 have been $462,600, $417,450, $315,000, $384,900 and now $389,000 in 2011. So, there was the rise in prices after Hurricane Katrina, then the deflating of the market and now this specific market appears to be on the rise!
 

 
NOTE: … (0 comments)

baton rouge homes: Baton Rouge Real Estate Appraisal Video: Bluebonnet Housing Market Trends 2011 - 03/26/11 08:50 AM
http://www.batonrougerealestateappraisal.com/ - Baton Rouge Real Estate Appraisal Video: Bluebonnet Housing Market Trends In 2011. 

Video Link is: http://www.youtube.com/watch?v=W_Y3eTRa_D8
In this video, local home appraiser of 20 years, Bill Cobb, points out trends observations from the Area 53 housing market, generally from Essen Lane over toward Country Club of Louisiana area. 
 


 
This is a "sub-market" study of homes 2900sf to 3450sf, from 11-15 to 16-20 years old, from approx. $300,000 up to $450,000 range. This is not a broad study but a limited study of homes comparable to a 3250sf home buil in 1994 in the Bluebonnet … (0 comments)

baton rouge homes: Baton Rouge Housing Trends: Kildare Subdivision Housing Report - 03/26/11 05:20 AM
http://www.batonrougehomeappraisal.com/ – Baton Rouge Housing Statistics: Kildare Subdivision 70812 Housing Numbers.


 

 
Solds In Kildare Subdivision have varied from lows to highs in terms of the Average and Median Sales Prices by year from 2006 up to 2011. The variance in the these range from $45,000 up to $152,500 depending on how many REO or foreclosure sales took place in Kildare during any given year. For example, the average sales prices since 2006 were $100,600, $89,000, $137,000, $87,700 and $122,500, which is a very wide spread. With the exception of 2009, there were few sales in each … (0 comments)

baton rouge homes: CVR Baton Rouge REALTOR FAQ: How Does Cost Compare and Will It Help My Cash Buyer? - 03/22/11 07:07 PM
http://www.gbrcvrreports.com/ - CVR Baton Rouge REALTOR® FAQ: How Does The CVR Valuation Cost Compare To URAR 1004 Report? Will the CVR Help My Cash Buyer That Wants An Appraisal Before Closing?
 
I received these two (2) questions today from a local real estate agent after she read my CVR Video Press Release. This was my reply below.
 

 
Good questions and thank you for asking. I attached a 12 page Sample CVR Report based upon the desktop Pictometry aerial views of home. I'll let you look it over to determine if it fits your client's needs. A full … (0 comments)

baton rouge homes: What Is A Baton Rouge CVR Home Appraisal or Collateral Valuation Report? - 03/21/11 08:07 PM
http://www.gbrcvrreports.com/ - What Is A Baton Rouge CVR Home Appraisal or Collateral Valuation Report? What Is A Comp Cruncher CVR Report? Watch This Short Video To Learn More! To Make The Video Player Larger, Click The Bottom Right Arrrow Button!


 

 
The Collateral Valuation Report (CVR) is a desktop application program that is capable of valuing properties as accurately as a URAR report, and can be delivered to you in about 24 hours. This report is designed to be completed by a certified appraiser who has local area knowledge of the neighborhood.
This appraisal report is ideal … (0 comments)

baton rouge homes: Advanced CVR Housing Market Valuation Reports Available Now in Greater Baton Rouge - 03/21/11 07:46 PM
http://www.gbrcvrreports.com/ - Advanced CVR Housing Market Valuation Reports Available Now in Greater Baton Rouge

The Future of Home Valuation Advanced CVR Housing Market Valuation Reports Available Now in Greater Baton Rouge
 
FOR IMMEDIATE RELEASE
PRLog (Press Release) – Mar 22, 2011 – The Future of Home Valuation Advanced CVR Housing Market Valuation Reports Available Now in Greater Baton Rouge BATON ROUGE, LA – March 22, 2011 – A local businessman recently completed two days of hands-on training to bring a service that is being hailed as “the future of home valuation” to the Greater Baton Rouge area. The product is called Certified Valuation Report – or CVR. … (0 comments)

baton rouge homes: Baton Rouge Real Estate Video: Greenwood Subdivision 2010 Home Sales Review - 03/21/11 01:58 AM
http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Minute Greenwood Subdivision 2010 Housing Numbers.

 
Total # 2010 Sales: 5Average Sales Price: $146,380Median Sales Price: $135,000Average Sold Price: $78.65/sfAverage List To Sale Price Ratio: 97.7%Average Days On Market: 200
 

 
There's been a MAJOR correction since the 2006 Post Katrina Highs of average sold price $185K to median sales price of $171K.

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 03/18/2011.

(0 comments)

baton rouge homes: Baton Rouge Real Estate Buzz Video: Shadowbrook Lakes Subdivsion 2010 - 02/16/11 03:50 PM
http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz Video: Shadowbrook Lakes Subdivsion 2010
Shadowbrook Lakes Subdivision 2010 Housing Numbers# of Sales: 4Sales Prices: $299,900 to $399,900Median Sales Price: $299,900Average Sales Price: $151.07/sf


 
Current Listings: 5 Current Listings From $294,900 up to $399,900
The Baton Rouge Business Report reported on September 27, 2010 that "Seventy-eight lots in the Shadowbrook Lakes subdivision have been sold for $4.7 million or $60,256 per lot. A group headed by Richard Brown bought the land from a group headed by Rick Cappo in a deal that was filed Friday. Shadowbrook Lakes is a gated development … (0 comments)

baton rouge homes: January 2011 Residential Sales Update For Greater Baton Rouge Housing Trends - 02/11/11 01:31 AM
http://www.batonrougerealestatetrends.net/ - January 2011 Residential Sales Update For Greater Baton Rouge Housing Trends
Ok, we know from the recent LREC release that in all of 2010, the number of home sale was down -7.3%.  Total home sales volume was down -5.2%.  And, that the "Average Sales Price", which I am not a fan of reporting on, rose 2.3% from $197,587 in 2009 to $202,138 in 2010.  To find out why I'm not a fan of using Average Sales Price, see this explanation under "AVERAGE SALES PRICE IS NOT INDICATOR WHAT WE SHOULD BE RELYING ON! 
 

 
WHAT INDICATIONS CAN WE DRAW FROM JANUARY … (1 comments)

baton rouge homes: Greater Baton Rouge Home Price Trends: Comprehensive Examination of 2010 Home Sales Numbers - 02/08/11 11:16 PM
http://www.batonrougerealestatetrends.net/ - Greater Baton Rouge Home Price Trends: Comprehensive Examination of 2010 Home Sales Numbers 
 

 
The LREC or Louisiana REALTORS are reporting on comprehensive housing numbers for 2010, including 4th quarter 2010.  So, the source for this report and charts and graphs is LREC. 
 

 
 
NUMBER OF SALES DOWN 7.3%.
Overall, the number of Greater Baton Rouge Home Sales was down 7.3% in 2010.  Total volume for 2010 was 5,708 versus 6,160 for 2009. 
AVERAGE SALES PRICE. 
The average home sales price increased in 2010 to $202,138 vs $197,587 for 2009.  This would appear to be … (0 comments)

baton rouge homes: Baton Rouge Real Estate Appraisal Video: 2010 Monticello Subdivision Market Metrics - 02/03/11 11:00 AM
http://www.batonrougerealestateappraisal.com/ - Baton Rouge Real Estate Appraisal Video: 2010 Monticello Subdivision Market Metrics

 

 

 
Solds In Monticello Subdivision from 1/2010 to 12/31/2010 Home Ages 16-20 +revealed:
Average Sales Price: $133,350 ($154,573 in 2009)Average Sold Price Per Sq. Ft.: $75.09/sf  ($90.92/sf in 2009)Median Sold Price: $145,000  ($150,500 in 2009)Number of Sales: 12 (12 in 2009)Average Number of Days On Market: 79 (130 in 2009)Low To High: $82,000 to $168,500 Number of Distressed Sales Noted In MLS: "4"Current # Listings: 12, 6 Are Distressed ListingsCurrent Listings Price: $64,900 to $185,000 or $50/sf to $96/sf

 

 
This Graph Below … (0 comments)

baton rouge homes: Baton Rouge Real Estate Appraisal: 2010 Park Forest E Subdivision Metrics - 02/03/11 10:20 AM
http://www.batonrougerealestateappraisal.com/ - Baton Rouge Real Estate Appraisal: 2010 Park Forest E Subdivision Metrics

 

 
Solds In Park Forest East Subdivision from 1/2010 to 12/31/2010 revealed:
Average Sales Price: $109,878 ($133,242 in 2009)Average Sold Price Per Sq. Ft.: $72.47/sf  ($83.45/sf in 2009)Median Sold Price: $135,000  ($135,000 in 2009)Number of Sales: 11 (12 in 2009)Average Number of Days On Market: 95 (130 in 2009)Low To High: $39,900 to $145,000 (Yes, A Home Sold For $39,900)Number of Sold REO/Foreclosures Noted In MLS: "5"Current # Listings: 8, 3 Are Distressed ListingsCurrent Listings Price: $89,900 to $147,400 or $59/sf to $98/sf

 

 
(1 comments)

baton rouge homes: Baton Rouge Real Estate: Are dead grass lawns common in subdivisions where you are? - 02/02/11 12:31 AM
http://www.batonrougerealestateminute.com/ - Baton Rouge Real Estate: Are dead grass lawns common in subdivisions where you are?
Yesterday, I created this video below of a local subdivision named "Comite Hills West" and posted it to my Baton Rouge Real Estate Minute Video blog.
 
 

 
This morning, I woke up to an email question from an appraiser colleague in the Northwest (Washington State), an appraiser I respect and have joked with over the past 3 years (so my reply is slightly in a joking manner as well).  He asked,
"Bill……….Are dead grass lawns common in subdivisions where you are, in … (0 comments)

baton rouge homes: What Recession? Baton Rouge's Capital Heights Home Prices Continue Increasing - 01/19/11 01:42 PM
http://www.homeappraisalsbatonrouge.com/ - Baton Rouge Home Appraisal Blog: Capital Heights Home Sales Prices Increasing
Older, well built Cottage style homes where the wood floors creek!  Tree lined street where your neighbors actually know one another!  This is Capital Heights.  Stephanie Riegel with Baton Rouge Business Report wrote about this market in 2007 here, "Old Neighborhood, New Heights".  And, the home prices in this market, during a national economic recession, continue to increase! 
 


 

 
Solds In Capital Heights Subdivision from 1/2010 to 12/31/2010 revealed:
Average Sales Price: $194,343 ($190,716 in 2009)Average Sold Price Per Sq. Ft.: $148.88/sf  ($131.99/sf in 2009)Median Sold … (0 comments)

baton rouge homes: Baton Rouge Housing: 2010 Foreclosures Do Hurt Local Markets - 01/06/11 01:06 AM
http://www.batonrougemarketmetrics.com/ - Baton Rouge Housing: 2010 Foreclosures Do Hurt Local Markets!  Greenwood Estates Median Sales Price Dives by 28.7% In 2010 Due To Three Foreclosures!  The 2009 median sales price was $148,000, 2010 was $105,500!  


 
 
Solds In Greenwood Estates Subdivision from 1/1/2010 to 12/31/2010 revealed:
Average Sales Price: $111,483 ($147,833 in 2009 or -24.59%) Avg Sold $ Per Sq. Ft.: $64.07/sf  ($89.31/sf in 2009 -28.26%)Median Sold Price: $105,500  ($148,000 in 2009 -28.7%)Number of "MLS" Sales: 6 (3 in 2009)Average Number of Days On Market: 136 (218 in 2009)Low To High: $64,000 to $159,900 Number of Sold REO/Foreclosures Noted In MLS: 3Current # Listings: 4, 0 Foreclosures, … (1 comments)

baton rouge homes: Baton Rouge Housing Market: Sherwood Forest Median Sales Price Up 9.7% In 2010! - 01/04/11 12:56 AM
 
http://www.batonrougemarketmetrics.com/ - Baton Rouge Housing Trends: How Did Sherwood Forest Finish 2010?  Sherwood Forest Median Sales Price Increases by 9.7% In 2010!  And, this increase was somewhat subdued by the reported 11 GBRMLS foreclosure sales in Sherwood Forest in 2010.  These numbers appear fairly rosy and don't present the entire picture of this market.  Sherwood Forest certainly had in 2010 and has in 2011 it's share of challenges.  
Sherwood Forest Subdivision is possibly the second largest housing development within the Baton Rouge housing market - a barometer of this market.  An indepth examination of the Sherwood Forest Housing Trends can tell us a great … (0 comments)

baton rouge homes: Baton Rouge Houses: Millbrook Subdivision 2010 Home Sales Price Trends - 01/01/11 03:37 PM
http://www.batonrougerealestateappraisal.com/ - Baton Rouge Houses: 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: 0Current # Listings: 1, 0 Are ForeclosuresCurrent 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 … (0 comments)

baton rouge homes: Baton Rouge Home Prices Increase in 2010: Shenandoah Hills Subdivision Report! - 01/01/11 03:12 PM
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: 0Current # Listings: 3, 0 Are ForeclosuresCurrent Listings Price: $140,900 to $150,900 or $105 to $113/sf

 

 

 
The Median Sales Price has increased … (0 comments)

 
Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser (Accurate Valuations Group, LLC)

Bill Cobb Appraiser

Greater Baton Rouge's Home Appraiser

Baton Rouge, LA

More about me…

Accurate Valuations Group, LLC

Address: P.O. Box 40515, Baton Rouge, LA, 70835

Office: (225) 293-1500

Mobile: (225) 953-0638

Baton Rouge Louisiana Home Appraiser Providing Local Real Estate News And Opinion.

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