Category Archives: Livingston Parish

Price Reduction

Three Rivers Island Cottage


Don Stern | Realty Executives South Louisiana | (225) 413-3624
21132 Diversion Canal, Maurepas, LA
Waterfront Camp on Three Rivers Island is newly updated and offers great views of the Amite River/Diversion Canal
3BR/2BA Single Family House
offered at $155,900
Year Built 2004
Sq Footage 1,158
Bedrooms 3
Bathrooms 2 full, 0 partial
Floors 1
Parking None
Lot Size 5,375 sqft
HOA/Maint $25 per month

DESCRIPTION

Recently remodeled waterfront cottage with panoramic views of the Amite River/Diversion Canal. Granite countertops, a screened porch, newly constructed storage room and large deck overlooking the water are just a few of the many amenities. All appliances are included.
see additional photos below
PROPERTY FEATURES

- Central A/C - Central heat - High/Vaulted ceiling
- Hardwood floor - Living room - Breakfast nook
- Dishwasher - Refrigerator - Stove/Oven
- Microwave - Granite countertop - Attic
- Washer - Dryer - Laundry area – inside
- Balcony, Deck, or Patio


COMMUNITY FEATURES

- Swimming pool(s)



OTHER SPECIAL FEATURES

- Golf cart, pedestrian and boat access
- $300/yr private parking fee
- Golf cart negotiable
ADDITIONAL PHOTOS


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Contact info:
Don Stern
Realty Executives South Louisiana
(225) 413-3624
For sale by agent/broker

Equal Opportunity Housing
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Posted: Jul 29, 2011, 10:27am PDT

Waterfront Camp


Don Stern | Realty Executives South Louisiana | (225) 413-3624
21060 Diversion Canal, Maurepas, LA
Waterfront Camp on the Diversion Canal
2BR/1+1BA Single Family House
offered at $80,000
Year Built 2000
Sq Footage 708
Bedrooms 2
Bathrooms 1 full, 1 partial
Floors 1
Parking None
Lot Size 5,375 sqft
HOA/Maint $300 per month

DESCRIPTION

Freshly updated cabin that fronts the Diversion Canal on the exclusive, golf cart accessible Three Rivers Island. Move right in… furniture and golf cart are included.
see additional photos below
PROPERTY FEATURES

- Central A/C - Central heat - High/Vaulted ceiling
- Walk-in closet - Living room - Refrigerator
- Stove/Oven - Microwave - Washer
- Dryer - Laundry area – inside - Balcony, Deck, or Patio
- Yard


COMMUNITY FEATURES

- Swimming pool(s)



OTHER SPECIAL FEATURES

- Fully furnished
- Golf cart included
- Just bring groceries
ADDITIONAL PHOTOS


Waterfront Camp

Storage Below

Spectacular View

Loft for storage or addit

Kitchen

Guest Bedroom

Bathroom

Master Bedroom

Master Bathroom

Screened Porch

Waterfront
Contact info:
Don Stern
Realty Executives South Louisiana
(225) 413-3624
For sale by agent/broker

Equal Opportunity Housing
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Posted: Jul 20, 2011, 5:58am PDT

Tri-Parish 2010 Mid-year Home Sales by MLS Area

Tri-Parish Real Estate Market Report

The geography covered by the Greater Baton Rouge Association of Realtors has been segmented into numbered areas. These areas are depicted on the following map.

Greater Baton Rouge Home Sales 2010 mid-year

An analysis of detached single family sales during 2010 was done in the tri-parish region (Ascension, East Baton Rouge, and Livingston) and broken down by MLS area. The next chart provides the results of that analysis.

Greater Baton Rouge Home Sales 2010 mid-year

The chart illustrates that the highest dollar volumes were achieved in northern Ascension parish and in southern East Baton Rouge parish. Unit sales followed similar patterns except that the Livingston parish areas of 81 and 83 exhibited relatively high unit sales. Another statistic is worth noting… homes in area 61 had the highest median sales price of any of the MLS areas.

A similar analysis was done but included only new construction. That chart is below.

Greater Baton Rouge Home Sales 2010 mid-year

We can see that area 90 in Ascension parish far exceeded any other area in terms of both unit and dollar volume. Area 83 in Livingston parish came in second.

As always, I appreciate hearing from readers and I welcome any comments or suggestions for improvement that you may offer.


–Information on this report is not guaranteed. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified.–
Copyright: 2010 by the Greater Baton Rouge Association of REALTORS® Multiple Listing Service
Prepared by STERN, DON of Coldwell Banker Mackey Ascn on Saturday, July 10, 2010 12:57 PM.

©2010 by Don Stern – All Rights Reserved

(225)413-3634 phone (866)723-5477 fax

don@thehomevendor.com – email1312

www.TheHomeVendor.com www.DonAndAlishaStern.com

www.LiveAscension.com www.PelicanPointHomes.com

www.WaterfrontPropertyLA.com

Livingston Parish Residential Real Estate Market Report – 1Q2010

Livingston Parish Real Estate Market Report – 1Q2010

The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database. The data are presumed accurate but are not warranted.

The data presented herein represent sales of detached single family homes in Livingston parish.

In previous blog posts, I shared how unit sales in Ascension parish were up in both new construction and re-sale market segments and that in EBR parish both segments were down in terms of unit sales. In Livingston parish, first quarter results for 2010 show an increase of more than 16% in unit sales in the new construction segment while the re-sale market segment dropped by almost 9%.

Baton Rouge Home Sales

Average home prices in both market segments also dropped.

Baton Rouge Home Sales

Looking at the average selling price per square foot of living area, it appears that the drop in new construction prices is due primarily to buyers purchasing smaller homes as the price per square foot has not changed appreciably. The drop in average re-sale home price, however, does seem to be related to a drop in the average $/sq.ft. price.

Baton Rouge Home Sales

We’ll continue to monitor the market trends and report back to readers.

As always, I appreciate hearing from readers and I welcome any comments or suggestions for improvement that you may offer.



©2010 by Don Stern – All Rights Reserved

(225)413-3634 phone (866)723-5477 fax

don@thehomevendor.com – email1312

www.TheHomeVendor.com www.DonAndAlishaStern.com

www.LiveAscension.com www.PelicanPointHomes.com

www.WaterfrontPropertyLA.com

Livingston Parish Residential Real Estate Market Report – February 2010

Livingston Parish Real Estate Market Report

The data used in this report were extracted from the Greater Baton Rouge Association of Realtors MLS database. The data are presumed accurate but are not warranted.

Despite the fact that unit sales of new homes were up 25% in the first two months of 2010 as compared with the same period in 2009, overall unit sales were down due to a 14.3% drop in unit sales of pre-owned homes. The next chart illustrates this. Unit sales in 2010 are very similar to what they were during the first two months of 2005.

Livingston Parish Home Sales

In terms of pricing, new construction has remained approximately the same for the Jan-Feb period during the past three years. In the resale market segment, pricing has dropped about 1% from 2009 levels but is down more than 10% from the peak of nearly $100/sq.ft. which occured in 2008. The next chart illustrates this.

Livingston Parish Home Sales

As always, I appreciate hearing from readers and I welcome any comments or suggestions for improvement that you may offer.



©2010 by Don Stern – All Rights Reserved

(225)413-3634 phone (866)723-5477 fax

don@thehomevendor.com – email1312

www.TheHomeVendor.com www.DonAndAlishaStern.com

www.LiveAscension.com www.PelicanPointHomes.com

www.WaterfrontPropertyLA.com

Waterfront Getaway on Three Rivers Island

Don Stern | Coldwell Banker Mackey Co. | (225) 413-3624 / (225) 647-880

21132 Diversion Canal, Maurepas, LA

Waterfront Getaway

3BR/2BA Single Family House

offered at $174,900

Year Built 2004
Sq Footage 1,158
Bedrooms 3
Bathrooms 2 full, 0 partial
Floors 1
Parking Unspecified
Lot Size 5,375 sqft
HOA/Maint $25 per month

DESCRIPTION


Waterfront Jewel!! This home is loaded with amenities and features so you can enjoy the privacy and benefits of waterfront living in style. What a great first or second home or investment income property.
see additional photos below

PROPERTY FEATURES


- Central A/C - Central heat - High/Vaulted ceiling

COMMUNITY FEATURES


- Swimming pool(s)

OTHER SPECIAL FEATURES


- Golf Cart Access

ADDITIONAL PHOTOS



Waterfront Living


Views from Oversized Deck

Contact info:

Don Stern

Coldwell Banker Mackey Co.

(225) 413-3624 / (225) 647-880

For sale by agent/broker

powered by postlets Equal Opportunity Housing

Posted: Oct 8, 2009, 10:47am PDT

Play VisualTour

Baton Rouge Metro Area Real Estate Statistics

Baton Rouge Metro Area Real Estate Market Report

With seventy five percent of 2009 in the past, I took a snapshot of sales for detached single family homes in the nine parish Greater Baton Rouge Metro area. In addition to segmenting the data by parish, I also separated new construction from re-sale or previously owned homes. The data were extracted from the Greater Baton Rouge Association of Realtors MLS database. The data are presumed accurate but are not warranted.

The next three charts show unit sales, average selling price and average selling price/sq.ft. for new construction in each of the nine parishes for each year since 2004. Unit sales in 2009 are projected by assuming the same absorption rates for the remainder of 2009.

New Construction

Baton Rouge Metro Area

In terms of unit sales we can see that in 2009 new construction is up significantly in Ascension parish, up a little in Livingston and West Baton Rouge parishes, and down or zero in all remaining parishes.

Baton Rouge Metro Area

In general, we can see a drop in the average selling price of newly constructed homes.

Baton Rouge Metro Area

The average selling price/sq.ft. in Ascension has been significantly lower in 2009 when compared to 2008. This reflects a shift toward more affordable new construction in Ascension. In East Baton Rouge and Livingston parishes, where there were significant levels of new construction sales, the selling price/sq.ft. was maintained at similar levels. In West Baton Rouge Parish, the average selling price/sq.ft. actually increased.

Previously Owned Homes

The next three charts show unit sales, average selling price and average selling price/sq.ft. for previously owned homes.

Baton Rouge Metro Area

Unit sales for this market segment have remained relatively steady in 2009 as compared to 2008.

Baton Rouge Metro Area

If one looks at both the average price and average price/sq.ft. charts for re-sale homes, we can see that, in general, home values are holding. While our 401Ks may have suffered, the equity we have in our homes may not have appreciated but neither have they lost much, if any, value.

Baton Rouge Metro Area

As always, I appreciate hearing from readers and I welcome any comments or suggestions for improvement that you may offer.




©2009 by Don Stern – All Rights Reserved

(225)413-3634 phone (225)313-3698 fax

don@thehomevendor.com – email1312

www.TheHomeVendor.com www.DonAndAlishaStern.com
www.LiveAscension.com www.PelicanPointHomes.com

www.WaterfrontPropertyLA.com

Three Rivers Island Cottage


Don Stern | Coldwell Banker Mackey Co. | (225) 413-3624
21136 Diversion Canal Rd, Maurepas, LA
Three Rivers Island cottage with water view and waterfront access
2BR/2BA Single Family House
offered at $123,000
Year Built 2006
Sq Footage 954
Bedrooms 2
Bathrooms 2 full, 0 partial
Floors 1
Parking None
Lot Size 6,625 sqft
HOA/Maint $25 per month

DESCRIPTION

This cottage features wide-open living area with outstanding views. Watch the boats go by on the Diversion Canal from your 24 x 8 porch. Private tranquil island with golf cart access from the parking area. Community pool on the island.
see additional photos below
PROPERTY FEATURES

- Central A/C - Central heat - High/Vaulted ceiling
- Living room - Dishwasher - Laundry area – inside


COMMUNITY FEATURES

- Swimming pool(s)


ADDITIONAL PHOTOS


Photo 1

Photo 2

Photo 3

Photo 4

Photo 5

Photo 6
Contact info:
Don Stern
Coldwell Banker Mackey Co.
(225) 413-3624
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Sep 11, 2009, 8:57am PDT

Greater Baton Rouge Area Foreclosure Listings

Greater Baton Rouge Foreclosures Analysis

1/1/2004 through 8/23/2009

Recently, there have been a number of articles in the media about the rising number of foreclosures. Indeed, three of the real estate transactions
that I am currently working myself are for bank owned properties. Unlike some other areas of the country, the Greater Baton Rouge real
estate market has not seen a dramatic drop in home prices which is common for areas with an increasing number of bank foreclosures.
I was thinking about this apparent contradiction on the way home from church this morning and decided to do some analysis.

I extracted a subset of data from the Greater Baton Rouge Association of Realtors MLS system. That subset included Residential properties (homes) which were
identified as REO (Real Estate Owned or Bank Owned) properties which were listed between January 1, 2004 and August 23, 2009. In my opinion,
some interesting things came out of my analysis. I created two charts both shown below. The first shows the number of bank foreclosures listed
in the MLS over the time period examined.

In the period between 1/1/2004 and 5/31/2005, an average of about 116 bank owned properties were listed each month. Since 6/1/2005 that average dropped
to 68 homes per month. Other observations are that in May of 2005 the number of bank owned listings spiked to 216. In the months after Hurricane
Katrina the number of foreclosed homes listed dropped substantially. I would hypothesize that, after Katrina, the demand for housing was so
high that people were able to sell their homes prior to being foreclosed upon. The rate of bank owned listings being added to the system
has remained lower than that observed prior to June 2005.

Greater Baton Rouge Foreclosure History

The second chart examines the same data set but further restricts it to just those REO properties in the Tri-Parish Area (Ascension,
East Baton Rouge, and Livingston Parishes.)

It appears to this author like all three parishes follow the same overall trends. Ascension and Livingston see foreclosure listings added at
about the same rate. The anomalous spike in May 2005 was less pronounced in Ascension than in either Livingston or East Baton Rouge Parishes.

Tri-Parish Foreclosure History

In conclusion, I would venture the opinion that foreclosures have not had the impact upon home prices in our area that other areas of our
country have seen. Furthermore, since the rate of foreclosed listings remains low, I would not expect additional downward pressure on prices
directly due to foreclosures. I do believe that downward pressure in our area is do more to the indirect effect that national foreclosures have
had upon the availability of credit.

I would be very interested to hear different interpretations of these observations and would welcome comments.



©2009 by Don Stern – All Rights Reserved

(225)413-3634 phone (225)313-3698 fax

don@thehomevendor.com – email1312

www.TheHomeVendor.com www.DonAndAlishaStern.com
www.LiveAscension.com www.PelicanPointHomes.com

www.WaterfrontPropertyLA.com