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Gonzales, LA Real Estate News

By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
  Settlement At Lakeside Subdivision Gonzales LA Housing Market Stats 70737   In 2013, I've completed two (2) North Ascension Parish Home Appraisals in The Settlement at Lakeside Subdivision (TSAL). This below are some Settlement at Lakeside housing market statistics for the subdivision as well as from the data used to complete the 1004MC or market conditions report for a home that was 2,800sf living area and 7 years old. GBRMLS COMP SEARCH PARAMETERS: Zip Codes 70769 & 70737. Periods from 03/23/2010+ for FNMA 1004MC. From 2650 sf up to 3100sf living area from 1-3 ages +. Comps sold after 09/01/2011 were considered in report. Generally, I tried to use mostly comps on the east side of Airline Hwy because subject's TSAL is further away from Interstate 10.   North Ascension Parish Neighbor...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Gonzales La 70737 Housing Market Report 2012: Woodrun Subdivision   listen to ‘Woodrun Subdivision Gonzales La 70737 Housing Market Report 2012’    SOLDS. Woodrun Subdivision Median Sales Prices have remained in correction mode since the highs in 2008 of $205,000 down to $183,500 in 2011. Before 2012, the most recent high sold price per sq. ft. was in 2008 at $111.97/sf and down to $99.42/sf in 2011.  In 2012, there's been one (1) sale for $210,000 or $112.30/sf, selling for 96% of listing price, averaging 71 days on the market.  In 2011, the average days on market were 124 days. LISTINGS. There are no current listings within GBRMLS.  In FSBOBR.COM, there are 2 listings for 139383 Woodrun Circle $299,000 for 2,650sf or $112.83/sf and 14356 Sommer Lane $219,900 for 1935sf or $113.64/sf. ...
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View 10,000+ Louisiana Properties at MaryMitten.com   Carrington Court is a fast growing subdivision with excellent prices and many homes to choose from. Prices start in only the 120s and is conveniently located in Ascension Parish. This community has a charming cottage feel, with winding sidewalks, lovely street lights and spacious affordable homes. Convenient to I-10, we offer easy access to Baton Rouge and New Orleans. Come visit us today as we are available 7 days a week! Our real estate associate, Natasha Amaya can assist you if you want a tour today. Call 225-202-1170.                  Directions:  From Baton Rouge take I-10E, exit at the Gonzales/St. Gabriel exit. Turn left onto W. Brittany (Hwy LA 30E), travel 0.7 miles and turn left onto S. Darla Ave. Continue to the end of S....
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By Quinton Renfro
(Baton Rouge Area Homes)
April 2011 home sales trends numbers are out for Ascension Parish and it was a difficult month.  After a good start to the year, home sales fell about 30% in April when compared to April 2010. There were 89 homes sold in April 2011 as compared with 129 sold during April 2010.  Keep in mind, the homebuyers tax credit was in effect during April of last year, but that still probably doesn't account for the steep fall-off in sales in April.  Year to date, there have been 344 homes sold in Ascension Parish versus 443 sold during 2010. The average sales price was $201,200 and 53 of the 89 homes sold during the month were for less than $199,999. There are 889 homes available for sale in Ascension Parish which represents about a 9 month supply. If you are contemplating buying a home in the Bato...
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By Quinton Renfro
(Baton Rouge Area Homes)
March 2011 home sales trends are out for Ascension Parish and it looks like it was a decent month. There were 107 homes sold in March 2011 as compared with 142 sold during March 2010.  Year to date there have been 256 homes sold versus 314 sold during the same time period in 2010. The average sales price was $197,000 and 68 of the 107 homes sold were priced at less than $199,999. There are 780 homes available for sale which equates to about a 7 month supply of inventory. If you are contemplating buying a home in the Baton Rouge area and/or Ascension Parish, it is still a great time. Interest rates are very good and there is plenty of available inventory to choose from. If you are thinking about selling you home in the Baton Rouge area and/or Ascension Parish, then you must make sure tha...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Ascension Parish Home Appraisals Charting Of Declining Housing Market 2008-2011 http://www.ascensionrealestateappraisers.com/ - Ascension Parish Home Appraisals Shows Proof Of Declining Housing Market  The QUICK Audio Version! The VIDEO Version!   In this video, homes located in Zip Codes 70769 and 70737in the 1850sf to 2335sf range, within approximately 6-10 to 16-20 years old range sold since June 2008, plus current competing listings are examined.   NOTE: This is known as a sub-market analysis of those homes that would compete with a 2,000sf home built in 2003, not a whole housing market analysis. This appraiser is not stating that the entire Ascension market is declining in all price ranges.   NOTE: Based on information from the Greater Baton Rouge Association of REALTORS/MLS for t...
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By Quinton Renfro
(Baton Rouge Area Homes)
February 2011 home sales trends are out for Ascension Parish and looks like it was a tough month. There were 76 homes sold in February 2011 as compared with 97 in February 2010.  Year to date 2011 there have been 149 homes sold versus 171 sold during the same period in 2010. The average sales price was $192,400 and 52 of the 76 homes sold during February were priced at less than $199,000. There are 752 homes available for sale in Ascension Parish which equates to a 10.2 month supply at current sales rates.  Typically a 6 month supply of inventory is considered to be a healthy real estate market. If you are contemplating buying a home in the Baton Rouge area and/or Ascension Parish, it is still a great time. Interest rates are very good and there is plenty of available inventory to choos...
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By Quinton Renfro
(Baton Rouge Area Homes)
January 2011 homes sales numbers are out for Ascension Parish and it looks like it was a pretty good month....There were 72 homes sold in January 2011 as compared with 74 in January 2010.  The average sales price jumped up to $220,000 with the median price moving up to $197,000.  Ascension Parish homes are selling for an average of 97% of their listing price. As of the end of January, the average home is on the market in Ascension Parish for 98 days before selling.  There are currently 768 homes for sale in the Parish which equates to a 10.6 months supply at the current selling rate.  A typically healthy real estate market would have about 6 months supply of inventory, so there is still excess inventory to be worked through.  Ascension Parish, however, is in better shape than both East ...
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By Quinton Renfro
(Baton Rouge Area Homes)
According to the latest data released from the 2010 Census, Ascension Parish is the fastest growing parish in all of Louisiana - with a growth rate over the last 10 years of 40%!  Ascension Parish is now the 14th largest parish in Louisiana.  In terms of raw numbers there are now 107,215 people in the parish as compared with 76,627 in 2000. Ascension Parish is part of the 8 parish Baton Rouge metropolitan area (MSA). This is how the government groups the region together for purposes of counting among other things, population, housing and employment. With the release of the census numbers, the Baton Rouge MSA's population is in excess of 800,000 which is really good news for the area. I know there are plenty of legitimate gripes about the traffic congestion, infrastructure needs, etc, bu...
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By Quinton Renfro
(Baton Rouge Area Homes)
There were 87 homes sold in Ascension Parish in December 2010 as compared with 103 in December 2009.  The average sales price is $206,000 and we saw a spike in available inventory up to 9 months (6 months is considered to be a healthy number). I think Ascension Parish looks pretty good.  Inventory is high - there are 782 homes available for sale as of the end of 2010, but average sales prices have held fairly steady throughout the year which means our homes are generally holding their values. Total home sales for 2010 were 1,249 homes as compared with 1,276 for 2009 - which is great news as not many areas have had 2010 sales roughly flat with 2009. If you are contemplating buying a home in Ascension Parish, it is still a great time. Interest rates are very good and there is plenty of av...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
http://www.ascensionrealestateappraisers.com/ - FHA Appraisers In Ascension Parish: The Lakes At St Amant Sudivision 2010 Price Trends.  Overall lower indicators based on a continued market correction from post Hurricane Katrina 2007 Highs.  In 2007, the average sales price was $221,000 and in 2010 it was $206,181!   In 2010 as compared to 2009, the Average Sales Price is down 3.4%, Median Sales Price is down 5.6% and Average Sold Price Per Sq. Ft. is down 5.9%.       Solds In The Lakes At Saint Amant Subdivision from 1/1/2010 to 12/31/2010 revealed: Average Sales Price: $206,181 ($213,317 in 2009 or -3.35%) Avg Sold $ Per Sq. Ft.: $96.36/sf  ($102.41/sf in 2009 -5.9%)Median Sold Price: $203,900  ($215,950 in 2009 -5.6%)Number of "MLS" Sales: 9 (6 in 2009)Average Number of Days On Mark...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
http://www.ascensionrealestateappraisers.com/ - Home Appraisers In Ascension Parish: Ascension Trace Sudivision 2010 Home Sales Price Trends.   Overall lower indicators based on three (3) MLS foreclosure sales.       Solds In Ascension Trace Subdivision from 1/1/2010 to 12/31/2010 revealed: Average Sales Price: $162,859 ($165,950 in 2009 -1.86%) Avg Sold $ Per Sq. Ft.: $81.17/sf  ($90.68/sf in 2009 -10.5%)Median Sold Price: $165,000  ($171,500 in 2009 -3.8%)Number of "MLS" Sales: 11 (12 in 2009)Average Number of Days On Market: 220 (85 in 2009)Low To High: $129,900 to $198,000 Number of Sold REO/Foreclosures Noted In MLS: 3Current # Listings: 9, 1 Is A Foreclosure Current Listings Prices: $129,900 to $185,000 or $72/sf to $112/sf. NOTE: See that it took the average home in 2010 "220" d...
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By Kristina Cusick, Prairieville Real Estate Broker
(Town & Parish Realty)
Tuesday, December 7, 2010 will be the 19th Annual Christmas Tree lighting party in Gonzales, Louisiana.  The events will take place at the Gonzales Civic Center where the big guy himself, Santa Claus, will be handing out gifts to local children (ages infant thru fifth grade) and listening to all of their wish lists. The lighting of the Christmas tree will be the main attraction at 6:00 pm and you can walk around Jambalaya Park with your family and enjoy the thousands of lights that have been put out for your enjoyment. I understand that there will be Girl Scouts singing Christmas carols, Center Stage Performing Arts Academy will be providing live entertainment and the Jambalaya Festival Association will serve bowls of jambalaya.  Sounds like there will be a good time had by all! Best of...
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By Kristina Cusick, Prairieville Real Estate Broker
(Town & Parish Realty)
Oh, Parades! My heart races like it did when I was a child. The anticipation when you hear the sirens is so exciting, the sound of the big bass drum passing by with the marching bands, trying to catch the most wonderful throws, the excitement of the big finale...Santa Claus! I love a parade! We have some wonderful Christmas parades in the Baton Rouge/Ascension/Livingston areas this year.   Saturday, December 4, 2010 10:00 am Central Saturday, December 11, 2010 10:00am Zachary Saturday, December 11, 2010 2:00pm Denham Springs Saturday, December 11, 2010 5:30pm Baton Rouge Cortana Kiwanis Christmas Parade Information Sunday, December 12, 2010 12:00noon Gonzales
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FAIR WARNING:  numbers, numbers & more numbers..... After taking a look at the October sales and inventory numbers for Ascension Parish, I wanted to drill in a little bit deeper to better understand what is happening in the available inventory pool of homes.   This analysis is based on a snapshot of the inventory available today - it will change tomorrow, the day after and so forth, but I think this information gives a nice picture of what is happening on the ground right now.  I plan on refreshing this information each month and after I have a couple of months data, then I'll figure out a way to graph the trends that are occurring. I think it is important - particularly if you are selling your home - that you understand how many other homes you are competing against in and around your ...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
http://www.ascensionrealestateappraisers.com/ -  Residential Building Permits Charting For Ascension Parish 2000 - 2010 Year To Date   NOTE: This chart can be viewed in a larger scale @ http://www.batonrougerealestatetrends.net/building-permits/ According to Chad Calder's The Advocate article below, for the first half of 2010, Ascension has issued approximately 399 permits, which was a 27% rise over 2009.  NOTE: IF the pace of first half residential building permits continues throughout 2010, then 2010 will surpass the 786 permits for 2009.  However, with the slowdown in new home construction, this is doubtful.  It's believed by this appraiser, which concurs with Chad's article, that much of the new home construction is taking place within the more affordable markets now, under $200,000...
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By Don Stern, Greater Baton Rouge Real Estate
(Realty Executives South Louisiana)
Pelican Point Real Estate Market Report The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database on 9/2/2010 and represent home sales between 1/1/2005 and 8/30/2010. The data are presumed accurate but are not warranted. I have good news and bad news to report about the Pelican Point real estate market. First the bad news... there are more homes on the market than the demand for them. The chart below shows that, overall, there is nearly a 12 month supply of existing homes based upon current absorption rates. For homes priced over $350K there is nearly a 2 year supply. The next chart gives some cause for optimism. The rate of absorption for existing homes in 2010 shows some improvement over 2009. The absorption rate for new homes, howev...
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By Jason Stewart, "Exceeding Your Expectations"
(Keller Williams Realty - Red Stick Partners)
Jason Stewart | Access Real Estate Group | LiveInBR@gmail.com | (225) 938-0860 39044 Prairie North Dr, Gonzales, LA One Owner Home has it all!! 3BR/2BA   Offered for $154,900 Year Built 2004  Sq Footage 1,486 Bedrooms 3 Bathrooms 2 Full, 0 Partial Floors 1  Parking 2 Car Carport Lot Size 65 X 118  HOA/Maint N/A DESCRIPTION LIKE NEW ONE OWNER HOME ~ GREAT OPEN PLAN WITH LARGE DEN AND LARGE KITCHEN WITH SIT DOWN BAR ~ PLENTY OF NATURAL LIGHT WITH WALL OF WINDOWS IN KITCHEN / BREAKFAST AREA, DEN AND MASTER BEDROOM ~ ALL BEDROOMS ARE LARGE AND FEATURE WALK-IN-CLOSETS ~ MASTER BEDROOM HAS A HUGE WALK-IN CLOSET (11.4 X 4.0) ~ MASTER BATH HAS DOUBLE VANITIES, LARGE TUB & SEPARATE TOILET ~ CERAMIC TILE IN KITCHEN, BREAKFAST, BATHS & UTILITY ROOM ~ CARPET IN DEN, HALL & BEDROOMS ~ CERAMIC TILE ...
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By Jason Stewart, "Exceeding Your Expectations"
(Keller Williams Realty - Red Stick Partners)
LIKE NEW ONE OWNER HOME ~ GREAT OPEN PLAN WITH LARGE DEN AND LARGE KITCHEN WITH SIT DOWN BAR ~ PLENTY OF NATURAL LIGHT WITH WALL OF WINDOWS IN KITCHEN / BREAKFAST AREA, DEN AND MASTER BEDROOM ~ ALL BEDROOMS ARE LARGE AND FEATURE WALK-IN-CLOSETS ~ MASTER BEDROOM HAS A HUGE WALK-IN CLOSET (11.4 X 4.0) ~ MASTER BATH HAS DOUBLE VANITIES, LARGE TUB & SEPARATE TOILET ~ CERAMIC TILE IN KITCHEN, BREAKFAST, BATHS & UTILITY ROOM ~ LOCATED IN GREAT SCHOOL DISTRICT ~ OUTSIDE OF HOUSE HAS A WOOD PRIVACY FENCE, COVERED PATIO IN BACK AND A TWO CAR CARPORT ~ CALL OR E-MAIL FOR MORE INFORMATION   3BR/2BA w/1486 LA - $154,900  - Qualifies for 100% financing (Rural Development)  
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By Kristina Cusick, Prairieville Real Estate Broker
(Town & Parish Realty)
It's that time of year again folks!  Time for the Jambalaya Festival here in beautiful Gonzales, Louisiana! For 43 years, we have celebrated the wonderful food that put us on the map, Jambalaya!  What is Jambalaya you ask?  OK, I know I have readers not from here so here ya go.  Jambalaya is a wonderful blend of pork, chicken, sausage and/or andoullie cooked down to tender perfection, married with the flavors of onion, bell pepper, garlic and other seasonings then cooked all together with rice.  Melt in your mouth goodness!  Jambalaya is probably one of my most favorite foods.    Photo Courtesy of Lisa Heindel at www.WestbankLiving.com This Memorial Day weekend, the Jambalaya Festival runs again in Gonzales, Louisiana.  The Festival starts on Thursday May 27, 2010 and will run through S...
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