Plantation Estates Denham Springs Post Flood Sales Update May 2017

Plantation Estates Subdivision Denham Springs Post Flood Home Sales Update as of May 29 2017 Are buyers willing to purchase flood-renovated homes in Plantation Estates closer to Interstate 12 and the Amite River? According to GBRMLS, homes on Hermitage Dr experienced 4.5 feet of flood water. See my commentary in the Number of Post Flood Renovated Listings: 2 section. There’s only two GBRMLS listings, period. Other Western Livingston Parish flood updates can be found here: https://www.denhamspringsappraisers.com/category/flood-study/ As far as I know, ALL homes in Plantation Estates flooded during the “Great Flood” of August 12-15, 2016. I use the term “ALL” Continue reading Plantation Estates Denham Springs Post Flood Sales Update May 2017

Livingston Parish 2016 Home Sales Stats By Subdivision Name

Livingston Parish 2016 Home Sales Stats By Subdivision Name, A Suburb of Baton Rouge. Study includes all residential sales for all types of single family properies in 2016. Study by Bill Cobb Appraiser 225-293-1500 and http://www.denhamspringsappraisers.com Overall in 2016, Livingston Parish real estate experienced a good year with lower inventory forcing increasing prices…until the Great Flood, see chart below. In November 2015, the median sales price was $163,000 which peaked in August at $184,000 only the slide down to $155,000 in November 2016. I believe this correction in home prices could last longer than surrounding Parishes because Livingston was so Continue reading Livingston Parish 2016 Home Sales Stats By Subdivision Name

Plantation Estates Denham Springs Home Sales 2016

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Plantation Estates Subdivision and discovered these housing trends.   June 2015 to July 2016 Plantation Estates Home Sales Trends 11 Sales from $216,000 to $370,000 Median Sales Price $233,000 Average Sold Price: $251,945 Median Sold Price Per Sq. Ft.: $100/sf Average Sold Price Per Sq. Ft.: $102/sf Homes Sold From $76/sf to $119/sf Average SP/LP% 98% Average Days On Market: 45 Days Average Home In Subdivision Is: 2,540 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home sale Continue reading Plantation Estates Denham Springs Home Sales 2016

Plantation Estates Subdivision Denham Springs Louisiana Home Sales Update

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Plantation Estates Subdivision and discovered these housing trends.   May 2015 to May 2016 Plantation Estates Home Sales Trends 14 Sales from $216,000 to $409,000 Median Sales Price $239,500 Median Sold Price Per Sq. Ft.:$100/sf Average Sold Price: $271,278 Average Sold Price Per Sq. Ft.:$101/sf Homes Sold From $76/sf to $119/sf Average SP/LP% 97% Average Days On Market: 75 Days Average Home In Subdivision Is: 2,747 sq. ft. 3 bedrooms, 3 bathrooms The “Average SP/LP% 97%” or Listing To Sales Price Ratio means the average home sale sold for Continue reading Plantation Estates Subdivision Denham Springs Louisiana Home Sales Update

Denham Springs Home Appraiser: What Are Most Popular Selling Livingston Parish Subdivisions?

Denham Springs Home Appraiser: What Are Most Popular Selling Livingston Parish Subdivisions? The chart below shows those subdivisions with the most home sales since January 1, 2011.  The subject with the most home sales was not a subdivision at all but rural acreage tract, 260 sales.   Chart includes at least 5 sales and filters down to most home sales. SUBDIVISION Avg Sold $ Med Sold $ Avg $/Sqft Avg SP/OLP Avg DOM # Listings COUNTRY CROSSING $268,217 $252,000 $105 95 204 5 DRIFTWOOD ESTATES $138,000 $132,500 $94 93 133 5 EAGLE RIDGE ESTATES $126,540 $123,950 $81 93 84 5 ESTELLE Continue reading Denham Springs Home Appraiser: What Are Most Popular Selling Livingston Parish Subdivisions?