Pecan Hills Subdivision Zachary LA 70791 Home Sales 2012 I recently completed a Zachary Home Appraisal in Pecan Hills Subdivision and discovered these 2012 home price trends based on 4 sales. Average sales price per square foot has been $93/sf. Median Sales Price $191,500. Average size home sold 2,050 sf. Average days on market 225 days. Average Listing-To-Sales-Price-Ratio is 99% meaning homes are selling for 99 percent of asking prices, 1 percent less than asking price.     This Baton Rouge Housing Market Report is brought to you by Bill Cobb, Appraiser with Home Appraisals Zachary Louisiana.   NOTE: Based on info from the Greater Baton Rouge Association of REALTORS®MLS for the period of 01/01/2012 to 08/23/2012. This information was extracted on 08/23/2012. 09/06/2012

Subdivisions in Zachary LA 70791 - Marshall Bond Estates No 2012 GBRMLS sales, 3 current listings and DSLD Homes becomes a builder in this development. Solds In Marshall Bond Estates from 1/1/2010 to 12/31/2010 revealed :Average Sales Price: $175,302Average Sold Price Per Sq. Ft.: $116/sfMedian Sold Price: $176,250Number of Sales: 18 Solds In Marshall Bond Estates from 1/1/2011 to 12/31/2011 reveal :Average Sales Price: $195,179Average Sold Price Per Sq. Ft.: $108/sfMedian Sold Price: $193,000Number of Sales: 17 CURRENT LISTINGS: 3 from $194,900, $194,900 (both Level Homes) to $256,900 (DSLD Homes) or $99/sf to $104/sf.  While 2715 Boudreaux Ave is still active at $194,900,7919 Landry Drive and 2654 Boudreaux Ave are both pending, listed at $194,900 and $256,900. DSLD Homes becomes a bu... 07/21/2012

Baton Rouge Real Estate Blogger Bill Cobb on Pointe South Subdivision 2012 Market Pointe South Subdivision is located adjacent to the popular Copper Mill Golf Community in Zachary Louisiana. The Town of Zachary has THE TOP performing public school system in the State of Louisiana 5 years straight!  Within Pointe South, homes range in size from 1,600sf up to 2,702sf per GBRMLS.  Since 2010, there's been 28 total sales from $188,500 up to $325,000, from $114/sf up to $138/sf. SOLDS. Median Sales Prices are increasing into 2012, up from $239,700 in 2011 based on 12 sales to $258,000 in 2012 based on 4 sales. In 2011, average sales price per sq. ft. was $123.96 and in 2012 it's $124.16. Average days on market is lower in 2012 at 46 days from 84 days in 2011. Homes are selling for 99% of lis... 04/18/2012

http://www.zacharylouisianarealestate.info/ - East Meadow Subdivision Zachary Louisiana April 2012 Audio Update.  Generally, East Meadow support in 2011 based on 3 sales was $118/sf.  In 2012, it's jumped to $121.58/sf based on 3 sales. Average Days On Market has declined from 225 in 2011 to 68 in 2012, however, there are still ample listings in this price range on the market for over 150 to 200 days.  listen to ‘East Meadow Subdivision Zachary LA 70791 2012 Report’ below          This is 4982 Prairieview Drive, sold for $280,000 or $122.27/sf.  7/4/3 with 2,290sf with IG Pool.        This is 4982 Albert East Blvd, sold for $273,000 or $121.60/sf. 7/3/3 with 2,245/sf, Corner Lot.         This is 5097 Meadowland Ct, sold for $270,000 or $120.86/sf. 7/4/3 with 2,234sf with IG Pool and ver... 04/17/2012

http://www.zacharylouisianarealestate.info/ - The Oaks Of Zachary Subdivision Zachary Louisiana 70791 Market Report. In my opinion, The Oaks of Zachary is one of the most beautiful in the Zachary Housing Market!       This is a 2012 homes sales report for The Oaks of Zachary Subdivision in Zachary Louisiana 70791. In 2011, there were 10 home sales in GBRMLS with median sales price of $198,000 and $127/sf. In 2012, there’s been 1 sale for $207,500 or $131/sf. To Listen To The Audio Report, Click Below.      WHY I REPORT MEDIAN SALES PRICE VERSUS AVERAGE SALES PRICE?   NOTE: Why Median Sales Price is a better indicator than Average Sales Price! Median Sales Price is the barometer by which the National Association of Realtors utilizes to report on national housing markets. Average Sales Pr... 04/12/2012

http://www.zacharylouisianarealestate.info/ - Zachary Louisiana Informaton and Real Estate Page Added Zachary Louisiana Information and Real Estate Page Zachary Louisiana: A place with numerous opportunities There are some decisions in life that need to be made after much consideration. One such decision is that of shifting to a new town. If this decision is not taken with proper research you may find yourself stuck in a town that you do not like living in. After all shifting to a new town is a long term decision and requires major investment that most people can make only once in their life time. That is why when you make this decision you need to ensure that you make it count. The main concern for most people is the employment opportunities that may be available in a new town. With a ... 04/05/2012

Answer To Email Question About Buying A Home In Zachary's Copper Mill Golf Community.     I recently received an email from an out-of-state resident currently renting a home in South Baton Rouge. Here's their question: "We are looking to buy a home and have looked at Copper Mill in Zachary. From looking at the history of the resale homes that are currently for sale, and the comparables sold recently, it would appear that quite a few of the homes have lost value since being built or purchased. In your opinion, is this a reflection of the current state of the economy and therefore values should come back around as the economy recovers, or is this a reflection of the development itself? We like the area and may look at other neighborhoods, but we just want to be sure we understand what we ... 04/04/2012

http://www.zacharylouisianarealestate.info/ - Zachary LA Home Appraisers: Zachary Hills Estates Subdivision 2011 Update.  Zachary Hills is built up with a variety of both older 16-20 to 21-30 year old homes as well as newer homes in the 1 to 10 year old range, which creates a wider gap in the up and downs of home price trends charting.  I said that to say that the ups and downs on the chart may not be as wide if the same age homes were compared. Since the Federal Tax Credit Expiration in May 2010, the number of home sales in Greater Baton Rouge has continued to decline. Zachary Hills Subdivision, with only 1 home sale in the first 5 months of 2011 (as of 5/27/2011), appears to be experiencing this same trend of lower number of home sales.          A recent analysis of and home appraisal... 05/27/2011

http://www.zacharylouisianarealestate.info/ - Zachary LA Market Metrics: 2008-2011 Pointe South Homes Sales Report.  I recently completed an appraisal an an 1,800sf 5 year sold home in Pointe South Subdivision and made these discoveries.  The Pointe South market itself is generally performing better than competing home sales in Zachary as a whole.        For Example, the GBRMLS Chart for Pointe South itself below shows a continuing upward direction for Median Sales Prices.  This MLS chart for Pointe South shows the 4 solds in 2011 have increased the Median Sales Price to $259,450, a substantial increase over 2007, 2008, 2009 and 2010 when the Median Sales Prices were $234,000, $230,000 and $248,000.  However, the second MLS chart below shows All competing solds since 6/2008 and a correc... 05/16/2011

http://www.zacharylouisianarealestate.info/ - Zachary La Real Estate Minute: Windsor Place Subdivision 2010-2011 Report. With a marketing time period or average days on the market of only 31 in 2010 and 39 in 2011, clearly the market wants more of this housing! Since 6/1/2010 in Zachary and excluding Windsor Place home sales, the average days on market has been 140 days for other builders! Metra Area Home Builder, DSLD Homes, has found a sweet spot in the Zachary market! In approximately one year, DSLD has filled up the first filing with new homes...new homes the market likes and wants at affordable pricing! This is the same company, or partners, that purchased approximately $10,000,000 in lots in Ascension Parish in the past two years! DSLD is meeting a need in the Greater Baton Rouge... 03/28/2011

We have several properties in Zachary, Louisiana. One of the popular questions I get when a tenant gets approved for a property is “How do I get the utilities turned on in Zachary?”.  The process of turning on utilities is different from throughout all surrounding areas of Baton Rouge. While some are a piece of pie, some areas can be downright confusing and somewhat of a pain. Luckily, Zachary is more like a walk in the park than some of the other areas that require the first born, tap dancing and a valid passport. Okay, not really. When turning on utilities in Zachary, it’s important that you find out what utility company services the area your home is in. The two electricity companies will be Demco and Entergy. Demco Zachary District Office20110 Plank Rd.Zachary, Louisiana phone: (225... 03/07/2011

http://www.zacharylouisianarealestate.info/ - Appraisers In Zachary Louisiana 70791: Lake Pointe Subdivision 2010 Update.  There's ups and downs to report for this higher end market!   Entrance Image Source: http://lakepointezachary.com/     Solds In Lake Pointe from 1/2010 to 12/03/2010 revealed:Average Sales Price: $271,400  ($257,700 in 2009 ='s +$5.3%)Average Sold Price Sq. Ft.: $121/sf  ($117.44/sf in 2009 ='s +3%)Median Sold Price: $252,000  ($265,000 in 2009 ='s -4.9% Decline)Number of Sales: 5  (5 in 2009)Average Number of Days On Market: 158  (129 in 2009)Low To High: $236,000 to $360,000  ($204,000 to $330,000 in 2009)Number of Sold REO/Foreclosures Noted In MLS: 0Current # MLS Listings: 1, 0 Are ForeclosuresCurrent Listings Prices: $279,900     WHY WE RELY ON MEDIAN SALES PR... 12/03/2010

Zachary 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.The data used represent sales of detached single family homes in Zachary, LA. Unit sales of new construction in March dropped for the third consecutive month. The re-sale market segment, however, enjoyed an enormous increase in unit sales during March. A total of 17 previously owned homes sold in March and only 12 sold during January and February combined. Most of the re-sales during March were in the $251K-$300K range although there were sales ranging from $53K to $520K. For the first quarter of 2010, the highest velocity of home sales in the new construction segment was in the $201K to $250... 04/09/2010

I reported in the first quarter of this year that home sales had out paced sales during the same period in 2008.  Well, after getting off to a fast start, homes sales slowed a little, and are now on pace with sales in the first half of 2008. Through July 2009, a total of 176 homes were sold as compared to 173 during the same period in 2008.  However, these numbers still do not compare to the 253 homes sold during the same period in 2007.  Because the 2009 and 2008 sales are almost the same, it maybe an indication that the housing slump has bottomed out.  The remainder of this year will be interesting as some national prognosticators are projecting homes sales to remain flat through the rest of this year.  I tend to agree . Data Obtained from the Greater Baton Rouge Association Of Realtors. 08/16/2009

Some of my clients ask the question, "Robert, should I have this house inspected prior to the purchase?" And nearly 99% of the time, I answer "yes".  During the home purchasing process, the buyer is given an option to have the house inspected by a professional inspector. In most cases, the buyer is given 10 days from the signing of the purchase agreement to inspect a home. Many times the prospective buyer will forgo the inspection to save the approximately $300 fee charged by most inspectors.  Moreover, the owner reserves a right to not correct the items found in an inspection, thereby making the potential buyer leery of paying the $300 fee.  There are some horror stories associated with home buyers who relinquished the right to have the inspection conducted.  A couple recently purchase... 08/16/2009

In real estate sales, the community you work and sell in can make or break you in business.  When you have a great community, with active involvement and wonderful schools, selling homes is a breeze.  My office is blessed to service three wonderful communities.  Today, May 14, 2009, is Red Day in Keller Williams Realty.  Every KW office in the United States and Canada is helping out in their areas.  Our office chose to help and honor the people that truly make the difference in our business, the teachers, parents and students at the local schools. We were able to volunteer at two schools.  We served breakfast and lunch to teachers and parents, and we read to the children in the classrooms.  It was such a wonderful experience that I have already started working on a "Back to School" Day... 05/14/2009

http://zacharylouisianarealestate.info/ -  Zachary Louisiana FHA Appraisers Report On Beaver Creek February 2009 Update Sold In Beaver Creek Subdivision from 01/01/2007 to 12/31/2007 revealed:  Average Sales Price: $305,403Average Sold Price Per Sq. Ft.: $127.06Median Sold Price: $276,888Low Sales Price: $216,600High Sales Price: $534,500Average # of Days On Market: 79# of Sales: 12 Solds In Beaver Creek Subdivision from 01/01/2008 to 02/25/2009 reveals:  Average Sales Price: $294,422Average Sold Price Per Sq. Ft.: $128.82Median Sold Price: $299,000Low Sales Price: $237,500High Sales Price: $341,900Average # of Days On Market: 162# of Sales: 9 Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Beaver Creek On The P... 03/04/2009

Zachary Louisiana Report On Copper Mill Golf Community January 2009 Update Sales In Copper Mill $345K to $542K With 19 Sales Since 1/1/08, Average Size Home 2,800sf, Avg Sold Price $158/sf, Median Sales Price $430K Solds In Copper Mill from 01/01/2007 to 12/31/2007 revealed:  Average Sales Price: $458,034Average Sold Price Per Sq. Ft.: $160.80Median Sold Price: $451,500Low Sales Price: $291,035High Sales Price: $623,751Average # of Days On Market: 197# of Sales: 16 Solds In Copper Mill from 01/01/2008 to Present reveals:  Average Sales Price: $444,727Average Sold Price Per Sq. Ft.: $158.03Median Sold Price: $430,000Low Sales Price: $345,000High Sales Price: $541,272Average # of Days On Market: 178# of Sales: 19 Therefore, based on the median sale price barometer (the barometer used by t... 01/28/2009

Zachary Louisiana Sandy Creek Subdivision FHA Home Appraiser 2009 Update Solds from 01/01/2007 to 12/31/2007 revealed:  Average Sales Price: $185,355Average Sold Price Per Sq. Ft.: $117.71Median Sold Price: $187,200Low Sales Price: $167,500High Sales Price: $210,600Average # of Days On Market: 51# of Sales: 48 Solds from 01/01/2008 to 01/16/2009 reveals:  Average Sales Price: $188,938Average Sold Price Per Sq. Ft.: $120.26Median Sold Price: $191,500Low Sales Price: $160,000High Sales Price: $201,500Average # of Days On Market: 73# of Sales: 8Listing Price To Sales Price Ratio Has Been: 98.44% Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within  Subdivision, the market direction appears to be increasing slightly.   Y... 01/28/2009

Well, the 2008 numbers for Zachary home sales are in and the downward trend in sales continues. Home sales in Zachary have decreased for the third consecutive year since 2005 and Hurricane Katrina. As I reported in the 3rd quarter of 2008, Zachary home sales are now less than pre-Katrina sales. Hurricane Katrina marked a spike in home sales due to an influx of New Orleans residents relocating into the area. Since that catastrophe, things are slowing down and hopefully we are coming to the bottom of the trend. Let's get into the numbers. Overall Sales Overall, home sales decreased by 36 percent in 2008 when compared to sales in 2007. Table 1 lists Total Home Sold, Average Price and Average Days on the Market (DOM). As indicated, the average sales price increased, which is interesting con... 01/17/2009