Ascension Parish Real Estate Market Stats for September 2010 Monday, Oct 18 2010 

Monthly Sales were 72 units. Comparison to last month:  Decreased 4% from 75 units.  Comparison to this month last year: Decreased 40% from 121 Units.

Average Sold Price was $204,896.  Comparison to last month:  Decreased 5% from $216,581.  Comparison to this month last year: Decreased 7% from $191,622.

Current Inventory is 9.91 months.  Comparison to last month:  Increased from 9.53 months.  Comparison to this month last year: Increased from 5.12 months.

Average Days on Market were 97.  Comparison to last month:  Increased from 88 days.  Comparison to this month last year: Increased from 83 days.

So what do all these numbers mean?  

The decrease in volume we saw this past month is not extraordinarily alarming to me. Again, we are coming out of a medicated market. September is historically slow due to school starting in August. Average sales prices were down and I still attribute that to the onslaught of first time homebuyers we saw. Compared with the rest of the country, Ascension Parish has fared very well during these tough economic times. My prediction is that we will continue to see slow movement through the winter months and will greet the spring with a flurry of activity.

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.

Ascension Parish Real Estate Market Stats for August 2010 Saturday, Oct 16 2010 

Monthly Sales were 75 units. Comparison to last month:  Increased 5% from 71 units.  Comparison to this month last year: Decreased 32% from 110 Units.

Average Sold Price was $216,581.  Comparison to last month:  Decreased 2% from $221,460.  Comparison to this month last year: Decreased 2% from $221,891.

Current Inventory is 9.53 months.  Comparison to last month:  Increased from 10.26 months.  Comparison to this month last year: Increased from 5.68 months.

Average Days on Market were 88.  Comparison to last month:  Increased from 113 days.  Comparison to this month last year: Increased from 93 days.

So what do all these numbers mean?   

Our activity and sales prices in Ascension Parish are leveling out. September numbers will be interesting to view. Most buyers were trying to close before school started in August.

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.

2010 Ascension High School Football Schedules Wednesday, Sep 8 2010 

Dutchtown High 2010

 

Sept. 3 @ Lutcher High

Sept. 10 vs. West Jefferson High

Sept. 17 @ Thibodaux High

Sept. 24 @ St. John High

Oct. 1. vs. Parkview Baptist High

Oct. 8 @ Destrehan High

Oct. 15 vs. St. Amant High

Oct. 22 vs. Hahnville High

Oct. 29 @ East St. John High

Nov. 5 vs. East Ascension High

 

Good Luck Griffins!

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East Ascension High 2010

 

Sept. 3 vs. Sarah T Reed

Sept. 10 vs. Denham Springs High

Sept. 17 vs. La Grange High

Sept. 24 @ Allen Ellender High

Oct. 1 @ Bonnabel High

Oct. 8 vs. Hahnville High

Oct. 15 @ East St. John High

Oct. 22 @ St. Amant High

Oct. 29 vs. Destrehan High

Nov. 5 @ Dutchtown High

 

Good Luck Spartans!

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St. Amant High 2010

Sept. 3 @ Covington

Sept. 10 vs. Hammond High

Sept. 17 vs. Plaquemine High

Sept. 24 vs. Bonnabel High

Oct. 1 vs. Sarah T. Reed

Oct. 8 vs. East St. John High

Oct. 15 @ Dutchtown High

Oct. 22 vs. East Ascension High

Oct. 29 @ Hahnville High

Nov. 5 @ Destrehan High

Good Luck Gators!

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Ascension Parish Real Estate Market Stats for July 2010 Friday, Aug 27 2010 

Monthly Sales were 71 units. Comparison to last month:  Decreased 51% from 145 units.  Comparison to this month last year: Decreased 32% from 105 Units.

Average Sold Price was $221,460.  Comparison to last month:  Increased 14% from $194,341.  Comparison to this month last year: Increased 2% from $217,878.

Current Inventory is 10.11 months.  Comparison to last month:  Increased from 4.9 months.  Comparison to this month last year: Increased from 5.80 months.

Average Days on Market were 113.  Comparison to last month:  Increased from 61 days.  Comparison to this month last year: Increased from 109 days.

So what do all these numbers mean?   Remember, the tax credit expired.  Most closings happened by the June 30 deadline. (A few stragglers were able to take advantage of the extended deadline.) What I do see as encouraging is that the average sales price was up.  If you are a seller, you have a lot of competition out there.  Make sure that your home is is top notch condition and price it well.  An overpriced home will only help to sell the competition.

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.

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.

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.

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.

Ascension Parish Market Stats for January 2010 Friday, Feb 26 2010 

Monthly Sales were 69 units. Comparison to last month:  Decreased 25% from 92 units.  Comparison to this month last year: Increase 13% from 60 Units.

Average Sold Price was $208,242.  Comparison to last month:  Increased 11% from $186,342.  Comparison to this month last year: Increased % from $207,265.

Current Inventory is 8.85 months.  Comparison to last month:  Increased from 6.53 months.  Comparison to this month last year: Decreased from 11.68 months.

Average Days on Market were 92.  Comparison to last month:  Increased from 67 days.  Comparison to this month last year: Held steady at 92 days.

So what do all these numbers mean?  The Average Sold Price is up due to some “long time homeowners” taking advantage of the $6,500 tax credit.  There are some local move ups happening and that is driving the average sales prices up.

The monthly sales were down for January but that is not anything to worry about.  January is historically a slow real estate month.   I do anticipate a spike in number of sales in the next few months.

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.

2009 A year of speed bumps and road blocks Thursday, Dec 31 2009 

2009…it’s almost over.  As I sat down to write this, the first words to hit the keyboard were this. “Thank God this year is over. I am so ready for a New Year!” As I sifted through the past months in my mind, I pulled up the thoughts of seeing friends, family and strangers struggle with hardships, grief, pain and so much more.  Again the thought of “Thank God this year is over. I am so ready for a New Year!” crossed my mind.

As I thought about each of these challenges a little more, I found myself doing some deep searching.  All of these things that my family faced were actually blessings in disguise.  Everything happens for a reason, we all have been told this, we all know this.  I am here to tell you that this is very true.  I think that each of the things we faced this past year were sent as wake up calls.   We get so busy in our everyday lives that we tend to operate well within our comfort zone.  This year, we were forced to function outside of our comfort zone and the results were amazing! After facing each speed bump or road block, we were stronger, wiser and genuinely better.  This is true with both our personal and professional lives.

As I think about my friends and others, their stories are much similar.  They finished the year with stronger families, stronger marriages, better jobs, better health and a renewed faith in God.  As I wrote in Growing Pains, we are experiencing a “growth spurt”.  I now view 2009 as a year of growth. Growth is always a great thing.  I only hope that 2010 will bring the life lessons  that helped us to grow and the new friendships that are truly treasured.  I know that I have changed and I like the change!

I will enter 2010 with the intention of operating outside of my comfort zone, will you?

May 2010 bring you much love, happiness and prosperity.  Happy New Year!

Ascension Parish Market Stats for November 2009 Friday, Dec 11 2009 

Monthly Sales were 86  units. Comparison to last month:  Decreased 4%  from 90 units.  Comparison to this month last year: Increase 17% from 71 Units.

Average Sold Price was $187,791.  Comparison to last month:  decreased  10% from $208,335.  Comparison to this month last year: Decreased 17% from $225,146.

Current Inventory is 6.95 months.  Comparison to last month:  Holding steady from 6.73 months.  Comparison to this month last year: Decreased from 11.15 months.

Average Days on Market were 76.  Comparison to last month:  decreased from 86 days.  Comparison to this month last year: Decreased from 98 days.

So what do all these numbers mean?  In my opinion, they mean that we are holding steady for this time of the year.  The Average Price Sold being down in nothing to be alarmed about.  The original tax credit was due to expire on November30, 2009 so I would venture to guess that most of these homes were bought by first time home buyers.  The price point in which they buy is lower than $200,000.  In fact, most of the homes sold were in the $170,000 – $179,999 range.  The great news is that home sellers were getting 98.98% of their asking price! Kudos to the homeowners and Realtors (r) who are working together to price the homes correctly!

As I am sure you are aware, the tax credit has been extended to having an accepted contract in place by April 30, 2010 and closing by June 30, 2010.  It has also been expanded to include “long time homeowners”.  These homebuyers will receive $6,500 on a new purchase.  For more information about these credits, click here.

My family and myself wish you a Very Merry Christmas!

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.