FHA Appraisers Baton Rouge

http://www.batonrougerealestateappraisal.com/  -  Baton Rouge Home Appraisers Provide January 2012 Market Report    In this Baton Rouge Housing updating, January 22-28, 2012 are reported for the eight (8) parish MSA including East Baton Rouge, Ascension, Livingston and West Baton with  Iberville, East and West Feliciana and Pointe Coupee combined as “ALL”.    Other Greater Baton Rouge Housing Statistics January 22-28: LISTINGS: Total Current Listings: 5,035 Foreclosure Listings: 490 or 10% of total listings 3rd Party Active Listings: 330 or 7% of total listings Short Sale Active or Potential SS Listings: 250 or 5% of total listings SOLDS From 01/22/2012 – 01/28/2012: Total Number of Solds: 65 Foreclosures Sold: 14 or 22% of Solds 3rd Party Solds: 8 or 12% of total solds Short Sales Solds: 8 or 12% of total solds Foreclosure, 3rd Party and Short Sales Solds: 30 or 46% of all solds Low To High Sales Prices: $16,000 to $475,000 New Home Sales: 18 or 28% of all sales East Baton Rouge MLS Area with most home sales: 43 with 9 sales CUMULATIVE TOTALS FOR 2012Total Number of Sales: 290 ASCENSION: 65 EAST BATON ROUGE: 149 EAST FELICIANA: 0 LIVINGSTON: 59 IBERVILLE: 2 POINTE COUPEE: 8 WEST BATON ROUGE: 6 WEST FELICIANA: 1 Foreclosures Sold: 69 or 24% of Solds 3rd Party Solds: 33 or 11% of total solds Short Sales Solds: 47 or 16% of total solds Foreclosure, 3rd Party and Short Sales Solds: 149 or 51% of all solds   AVERAGE SALES PRICES FOR LOCAL PARISHES: EAST BATON ROUGE: $192,043 ASCENSION: $190,747 LIVINGSTON: $144,439 OTHER: $158,993 MEDIAN SALES PRICES FOR LOCAL PARISHES: EAST BATON ROUGE: $158,500 ASCENSION: $166,450 LIVINGSTON: $138,900 OTHER: $159,900 AVERAGE DAYS ON MARKET (CONTINUOUS): EAST BATON ROUGE: 116 ASCENSION: 105 LIVINGSTON: 133 OTHER: 157 LISTING-TO-SALES PRICE RATIO (What Percent Below Listing Price Home Sell For): EAST BATON ROUGE: 97% ASCENSION: 99% LIVINGSTON: 97% OTHER: 92% _____________________________________________________________________   Important Video: Foreclosure Mythbusting by John C. Jones     _____________________________________________________________________ OTHER NATIONAL AND LOCAL HOUSING NEWS: December Existing-Home Sales Show Uptrend Investors With Cash Place Downward Pressure on Home Prices Rise In Home Sales Signifies Strengthening Market: Economists Weak December ends poor year for U.S.

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