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.

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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.

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.

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.

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.

41031 Villa Court South Wednesday, Feb 24 2010 

This beautiful home has been priced to sell!

Now offered exclusively at $168,000

Perfect for you first time homebuyers looking for a beautiful place to call home.

41031 Villa Court South

For more information and additional pictures click here.

Ascension Parish Market Stats for December 2009 Thursday, Jan 21 2010 

Monthly Sales were 91 units. Comparison to last month:  Increased 3%  from 88 units.  Comparison to this month last year: Increase 11% from 81 Units.

Average Sold Price was $186,413.  Comparison to last month:  decreased  2% from $191,023.  Comparison to this month last year: Decreased 10% from $207,090.

Current Inventory is 6.48 months.  Comparison to last month:  Holding steady from 7.05 months.  Comparison to this month last year: Decreased from 8.92 months.

Average Days on Market was 67.  Comparison to last month:  decreased from 78 days.  Comparison to this month last year: Decreased from 87 days.

So what do all these numbers mean?  The Average Sold Price being down is again indicative of the type of buyers we are seeing.  First time homebuyers are still fueling the market. The inventory is slowly being eaten up and homes are not sitting on the market as long.  This is all great news in the recovery of the housing market.  I feel as if we have hit the bottom and are on our way up.  FHA has announced some changes that will not make the climb easy. But as the old fable goes…SLOW AND STEADY WINS THE RACE.

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.

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.

There’s A Heart Behind the “Big Brown Truck” Monday, Jan 4 2010 

Forgive me for the plug I am about to give UPS.  After you read this, you will understand why this has been on my heart to shout above the rooftops what a great company this is. 

It was 9:00 am on Christmas Eve.  I received a call from UPS.  They were inquiring about a forwarding address for the owners of a home I had sold back in September.  The nice lady on the other end of the line was calling from the local Gonzales, LA office of UPS.  She asked me if I had a forwarding address for the former owners of the property.  She said that she Googled their name and found that I had been the listing agent of the property!  The package looked like a Christmas gift and they were trying desperately to get it delivered before the close of business.

 computer search

Unfortunately, the owners were not close.  They had moved out of town.  I gave her the information I had and she said that she would take care of the rest. 

I was so impressed.  Someone took the time to track these people down.  Instead of just sending the package back to the sender, someone used technology to make sure this package was delivered. I hung up the phone and vowed to use UPS whenever possible from this point forward. 

(This is especially impressive to me now that my nine year old daughter has still not received the Christmas card from her grandparents in Maryland.  It was sent USPS a week before Christmas.)

Props to the UPS employee that took the time to do some research on this lonely package.  She gave me the best Christmas present of all!

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