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Bill Cobb

Baton Rouge Real Estate Blogger Bill Cobb Appraiser

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Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851

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April 18, 2012 11:35 PM

Baton Rouge Real Estate Blogger Bill Cobb on Pointe South Subdivision 2012Market

Pointe South Subdivision is located adjacent to the popular Copper Mill GolfCommunity in Zachary Louisiana. The Town of Zachary has THE TOP performing publicschool system in the State of Louisiana 5 years straight! Within Pointe South, homesrange in size from 1,600sf up to 2,702sf per GBRMLS. Since 2010, there's been 28 total sales from $188,500 up to$325,000, from $114/sf up to $138/sf.

SOLDS. Median Sales Prices are increasing into 2012, up from $239,700 in 2011 based on 12 sales to $258,000 in2012 based on 4 sales. In 2011, average sales price per sq. ft. was $123.96 and in 2012 it's $124.16. Average dayson market is lower in 2012 at 46 days from 84 days in 2011. Homes are selling for 99% of listing prices as well.

SOLDS. MedianSales Prices areincreasing into2012, up from$239,700 in2011 based on12 sales to$258,000 in2012 based on4 sales. In 2011,average salesprice per sq. ft.was $123.96and in 2012 it's$124.16.Average dayson market islower in 2012 at46 days from 84days in 2011.Homes areselling for 99%of listing pricesas well.

LISTINGS. There are 6 current listings within GBRMLS, 3 active and 3 pending. Listing prices are $224,900 (aforeclosure), $229,000, $249,900, $250,000, $259,900 to $262,800 or $90/sf, $118/sf, $140/sf, $125/sf, $125/sf and$122/sf.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period ofJanuary 1, 2010 to April 19, 2012. This information was extracted on 04/19/2012. YES, this appraiser does have thepermission of GBRMLS to use the chart above Subdivision Price Trends Report!

Baton Rouge Real Estate Blogger Bill Cobb Appraiser

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