Ascension Parish Real Estate Market Stats for May 2010 Wednesday, Jun 30 2010 

Monthly Sales were 153 units. Comparison to last month:  Increased 16% from 128 units.  Comparison to this month last year: Increased 25% from 115 Units.

Average Sold Price was $188,863.  Comparison to last month:  Decreased 13% from $216,252.  Comparison to this month last year: Decreased 9% from $206,806.

Current Inventory is 4.45 months.  Comparison to last month:  Decreased from 5.14 months.  Comparison to this month last year: Decreased from 5.46months.

Average Days on Market were 73.  Comparison to last month:  Decreased from 81 days.  Comparison to this month last year: Decreased from 102 days.

So what do all these numbers mean?  Many first time homebuyers were taking advantage of the tax credit.  We will see lots of homes closing in the next month as well. 

Remember, the tax credit expired on April 30, 2010 and those buyers have until June 30, 2010 to close on those homes.  Knowing that, I wondered what the pending activity was for May.  93 properties in Ascension Parish went under contract compared to 120 in May of 2009.  To show you how the tax credit helped stimulate sales, there were 177 homes to go under contract in the month of April 2010.  That was a 47% drop in sales… Ouch! The medicated market will now take a few months to level out.  Watch closely for the interesting times ahead.

These stats are for areas 90, 91 & 92 in Ascension Parish. Information used from Greater Baton Rouge MLS.  They include only single family dwellings.  Mobile home and land sales are not part of these numbers.  If you would like information on either of these, feel free to let me know.

Got Flood Insurance? Tuesday, Jun 8 2010 

Jambalaya Park ~ Gonzales, LA Friday, May 28 2010 

2010 Gonzales Jambalaya Festival Thursday, May 27 2010 

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. 

Picture 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 Sunday May 30, 2010.  As always, there will be a Jambalaya cooking contest.  They even have a “mini-pot” contest for the younger Jambalaya cooks.  There will be amusement park rides with discounted bracelet prices for day or weekend access.  I can’t wait to see the World Record Jambalaya Pot Cooking 700 lbs of rice!  That’s Crazy! 

There will also be a great line up of bands over the four days.  Chee-Weez, Bits and Pieces, Bag of Donuts, and Na Na Sha, just to name a few.  The band I am most excited about is Chris LeBlanc and Luther Kent. I went to school with Chris and know that a lot of school mates follow to see him play.  I am hoping to hear him play and catch up with some school mates from the past.  Notice I didn’t say old school mates 🙂

If you have some time this weekend, come out to our beautiful city and partake in the festivities!

Check out more here:  Gonzales Jambalaya Festival

Ascension Parish Real Estate Market Stats for April 2010 Wednesday, May 26 2010 

Monthly Sales were 126 units. Comparison to last month:  Decreased 5% from 133 units.  Comparison to this month last year: Increased 13% from 110 Units.

Average Sold Price was $215,954.  Comparison to last month:  Increased 4% from $206,398.  Comparison to this month last year: Increased 4% from $206,370.

Current Inventory is 5.13 months.  Comparison to last month:  Increased from 4.86 months.  Comparison to this month last year: Decreased from 5.91 months.

Average Days on Market were 81.  Comparison to last month:  Decreased from 92 days.  Comparison to this month last year: Decreased from 91 days.

So what do all these numbers mean?  Average sales prices are up and average days on the market are down… Looks like real estate in Ascension Parish is still holding its own!

Remember, the tax credit expired on April 30, 2010.  Knowing that, I wondered what the pending activity was for April.  185 properties in Ascension Parish went under contract compared to 146 in March.  I think we will see the average sales prices fall in May because of the number of First Time Home Buyers that took last minute advantage of the tax credite.  Interesting times ahead!

These stats are for areas 90,91 & 92 in Ascension Parish. Information used from Greater Baton Rouge MLS.  They include only single family dwellings.  Mobile home and land sales are not part of these numbers.  If you would like information on either of these, feel free to let me know.

A Picture Is Worth A Thousand Words… Friday, May 7 2010 

 

Wishing Everyone A  Happy Mother’s Day!

37165 Longwood Avenue :: Prairieville LA 70769 Thursday, Apr 22 2010 

Check it out!  This new listing in Longwood Subdivision makes you feel as if you are spoiling yourself a little!

  • 4 bedrooms arranged in a triple split floorplan
  • Large kitchen with gas stove located on center island
  • Breakfast/Sitting area surrounded by windows
  • Spectacular covered patio overlooking small pond

For additional pictures and more information click here

Ascension Parish Real Estate Market Stats for March 2010 Monday, Apr 19 2010 

Monthly Sales were 132 units. Comparison to last month:  Increased 28% from 95 units.  Comparison to this month last year: Increase 23% from 101 Units.

Average Sold Price was $206,632.  Comparison to last month:  Increased 5% from $197,059.  Comparison to this month last year: Decreased 5% from $216,217.

Current Inventory is 4.73 months.  Comparison to last month:  Decreased from 6.45 months.  Comparison to this month last year: Decreased from 6.91 months.

Average Days on Market were 92.  Comparison to last month:  Held steady at 90 days.  Comparison to this month last year: Decreased from 107 days.

So what do all these numbers mean?  The June 30, 2010 closing deadline for the tax credit is nearing!  The early risers are closing on their new homes so that they are sure to meet the deadline for the tax credit. 

In March, the hottest price range was the $160,000 to $169,999 range. 

Remember, the tax credit expires on April 30, 2010.  Purchasers must be under contract by this date and must close by June 30, 2010 to qualify for the credit.

These stats are for areas 90,91 & 92 in Ascension Parish. Information used from Greater Baton Rouge MLS.  They include only single family dwellings.  Mobile home and land sales are not part of these numbers.  If you would like information on either of these, feel free to let me know.

101 Open Houses in Ascension, Livingston and East Baton Rouge Parishes Friday, Apr 9 2010 

Thinking about taking advantage of the tax credit before it expires on April 30, 2010?

This Sunday, April 11, 2010  C.J. Brown Realtors is hosting 101 Open Houses.

Various homes in Ascension, East Baton Rouge and Livingston Parishes will be open from 2:00-5:00 pm. Check the Sunday Real Estate section of the Advocate  for the list of homes.

The weather is going to be beautiful!  This is a perfect opportunity for you to see what’s available in the various areas of town if you are thinking about taking the homeownership plunge. 

P.S.  I will be hosting an open at 41031 Villa Court South in Gonzales, LA.  Come by and see me!

Ascension Parish Real Estate Market Stats for February 2010 Wednesday, Mar 31 2010 

Monthly Sales were 95 units. Comparison to last month:  Increased 26% from 70 units.  Comparison to this month last year: Increase 8% from 87 Units.

Average Sold Price was $197,038.  Comparison to last month:  Decreased 5% from $207,896.  Comparison to this month last year: Decreased 9% from $217,229.

Current Inventory is 6.34 months.  Comparison to last month:  Decreased from 8.91 months.  Comparison to this month last year: Decreased from 7.95 months.

Average Days on Market were 90.  Comparison to last month:  Held steady at 91 days.  Comparison to this month last year: Decreased at 109 days.

So what do all these numbers mean?  The tax credit is fueling the first time homebuyers to make their leap into homeownership.  This is indicative of the average sales price.  The smaller homes are flying off the shelves!

Monthly sales are up due to the tax credit incentive as well.  I predict that we will see monthly sales rise until the close deadline of  June 30, 2010

Remember, the tax credit expires on April 30, 2010.  Purchasers must be under contract by this date and must close by June 30, 2010 to qualify for the credit.

These stats are for areas 90,91 & 92 in Ascension Parish. Information used from Greater Baton Rouge MLS.  They include only single family dwellings.  Mobile home and land sales are not part of these numbers.  If you would like information on either of these, feel free to let me know.

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