Manchac Place (Prairieville, LA)
Manchac Place (Prairieville, LA) Real Estate News
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Manchac Commons Subdivision-Subdivisions In Prairieville LA 70769
Bill Cobb, Greater Baton Rouge's Home Appraiser (Accurate Valuations Group, LLC)

Manchac Commons Subdivision - Subdivisions in Prairieville Louisiana 70769


 

Correction in home prices from Post Hurricane Katrina Highs of $112.70/sf  is still underway down to the $99/sf and $106/sf in 2011 and 2012. The increase from $99/sf to $106/sf is encouraging.  However, this time it takes to sell a home in Manchac Commons is incredibly long at 169 average days in 2011 and 422 days in 2012. 

 

 

Solds In Manchac Commons from 1/1/2011 to 12/31/2011 revealed:
Average Sales Price: $213,697
Average Sold Price Per Sq. Ft.: $99/sf
Median Sold Price: $220,000
Number of Sales: 11

 

Solds In Manchac Commons from 1/1/2012 to 07/19/2012 reveal:
Average Sales Price: $213,983
Average Sold Price Per Sq. Ft.: $106/sf
Median Sold Price: $211,000
Number of Sales: 6

 

CURRENT DETACHED SINGLE FAMILY HOME LISTINGS (Not Attached):

Seven (7) from $225,000 to $275,000 or $102/sf to $112 and then $119/sf and $135/sf .  Three (3) of them are PENDING or under contract and listed for $102/sf, $110/sf and $135/sf.

 

Report presented by Bill Cobb Appraiser with Prairieville Ascension Parish Home Appraisals .


 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®MLS for the period of 01/01/2011 to 07/21/2012. This information was extracted on 07/21/2012. Yes, this appraiser has obtained permission from GBRAR MLS to use the above pricing chart!

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Manchac Place Subdivision Home Price Trends in 2011
Bill Cobb, Greater Baton Rouge's Home Appraiser (Accurate Valuations Group, LLC)

http://www.ascensionrealestateappraisers.com/ - Prairieville Home Appraisers Housing Trends: Manchac Place May 2011 Update

 

 

Solds In Manchac Place from 1/1/2011 to 5/31/2011 revealed:
Average Sales Price: $268,483
Average Sold Price Per Sq. Ft.: $90/sf
Median Sold Price: $274,000
Number of Sales: 6
Average Days On Market: 165

 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2011 to May 31, 2011. This information was extracted on 5/31/2011. YES, permission was granted by GBRMLS to use Subdivision Price Trends Chart Report!

Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/

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Prairieville Louisiana 70769 Housing Market Metrics: Manchac Place 2010 Trends
Bill Cobb, Greater Baton Rouge's Home Appraiser (Accurate Valuations Group, LLC)

http://www.ascensionrealestateappraisers.com/ - Home Appraisers In Prairieville La 70769: Manchac Place Subdivision Home Price Trends in 2010

 

 

 

Solds In Manchac Place from 1/1/2010 to 12/31/2010 revealed:

Average Sales Price: $292,618   ($290,000 in 2009)

Average Sold Price Per Sq. Ft.: $99.34/sf   ($91.14/sf in 2009)

Median Sold Price: $293,900  ($290,000 in 2009)

Number of Sales: 11    (13 in 2009)

Average Days On Market: 125 (147 Days in 2009)

Low To High: $247,000 to $356,900 

Number of Sold REO/Foreclosures Noted In MLS: 2 For $263K and $275K

Current # Listings: 7, 1 Foreclosure, 1 Short Sale

Current Listings Prices: $204,900 To $325,000, $85/sf to $122/sf 

 

 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010.  This information was extracted on 1/11/2011.  YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

 

 

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Prairieville Louisiana 70769 Real Estate News, Housing Trends, Home Prices, Appraiser Market Studies...
Bill Cobb, Greater Baton Rouge's Home Appraiser (Accurate Valuations Group, LLC)

http://www.ascensionrealestateappraisers.com/ - Prairieville Louisiana 70769 Real Estate News, Housing Trends, Home Prices, Appraiser Market Studies...

Manchac Commons Appraiser Housing Market Study

Prairieville Louisiana 70769 FHA Home Real Estate Appraisers

Solds from 01/01/2008 to 12/31/2008 revealed:
Average Sales Price: $232,247
Average Sold Price Per Sq. Ft.: $112.70
Median Sold Price: $239,900
Average # of Days On Market: 56
# of Sales: 16
Average Sq. Ft.: 2,073sf

Solds from 01/01/2009 to 07/31/2009 reveals:
Average Sales Price: $227,538
Average Sold Price Per Sq. Ft.: $110.70
Median Sold Price: $227,000
Average # of Days On Market: 238
# of Sales: 7
Average Sq. Ft.: 2,083sf

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 declining since 2008. Average Sales Price has declined -$4,709 or -2.03%. Median Sales Price has declined -$12,900 or -5.38%. Average Sold Price Per Sq. Ft. has declined -$2.00/sf or -1.77%.

 

A further S.M.A.R.T. Analysis of the Manchac Commons data since 8/1/2008 to 7/31/2009 reveals a -13.45% Decline

manchac commons sales price change

smart trends analysis for manchac commons

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Prairieville, Louisiana Real Estate Appraisers Study Shows An Increase of 9% Pre To Post Hurricane Katrina In Manchac Place Subdivision
Bill Cobb, Greater Baton Rouge's Home Appraiser (Accurate Valuations Group, LLC)

Prairieville, Louisiana Real Estate Appraisers Study Shows An Increase of 9% Pre To Post Hurricane Katrina In Manchac Place Subdivision

    

William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Manchac Place Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Manchac Place Subdivision Pre to Post Hurricane Katrina has been $25,588 or 8.84%. The median price has increased $28,050 or 9.77%.  The average price per square foot has increased $16.19/sf or 17.60%.

This is the Market Summary in Manchac Place from 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:  The average sale price was $1289,593.   The median sold price was $286,950.   The average price per sq. ft. sold was $91.98/sf.   The average number of days on the market was 101.  The total # of listings were 14.  The low sales price was $265,000.  The high sales price was $319,963.

 

This is the Market Summary in Manchac Place from 4/1/2006 to 4/19/2007 POST HURRICANE KATRINA:  The average sale price was $315,181.   The median sold price was $315,000.   The average price per sq. ft. sold was $108.17/sf.   The average number of days on the market was 60.  The total # of listings were 21.  The low sales price was $247,900.  The high sales price was $396,250.


Data Used With The Permission Of The Greater Baton Rouge Board of Realtors.   This data generally excludes REO/Bank Owned or Foreclosure Sales. 

William D. Cobb with Accurate Valuations Group has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market.   For more information on William D. Cobb and Accurate Valuations Group, visit <a href=http://www.getfastvalue.com/>   This article was written with the assistance of R. C. Smith @http://www.1stsourceappraisals.com/ 

Prairieville, LA Real Estate Professionals
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