http://www.batonrougemarketmetrics.com/ – Northern Ascension Parish Housing Market Metrics: Jefferson Crossing 3 Year Study

From 2009 to 2010 based on 11 home sale, the Jefferson Crossing Trends chart below shows a slight decline in Average Sold Price per square foot of just under $1/sf. The Average Listing Price to Sold price Ratio has decline 1.75%, meaning listing are receiving about 97% of listing prices instead of close to 99% in 2009. Both the Average and Median Sales Prices per square foot appear to have risen because the larger homes have predominantly been selling 2010. In 2010, the average home size selling has been 2,983sf versus 2,744sf in 2009. The average days on the market at 294 is quite high for the Greater Baton Rouge housing market and an increase of 927% from Q3 2007. So, for 2010, the median sold price is $338,000, average sold price $110/sf.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®MLS for the period of January 1, 2008 to November 11, 2010. This information was extracted on 11/11/2010. Yes, I do have permission to use the chart above.

Based on the charts below, these are the results:

Q3 2007 vs. Q3 2010: The median sold price is down 3%

Q3 2007 vs. Q3 2010: The median price of for sale properties is down 3% and the median price of sold properties is down 3%

Q3 2007 vs. Q3 2010: The number of sold properties has not changed

Q3 2007 vs. Q3 2010: The number of under contract properties is up 100%

Q3 2007 vs. Q3 2010: The number of new properties is down 45%

Q3 2007 vs. Q3 2010: The number of for sale properties is down 12%

Q3 2007 vs. Q3 2010: The number of expired properties is down 67%

Q3 2007 vs. Q3 2010: The number of for sale properties is down 12% and the number of sold properties has not changed

Q3 2007 vs. Q3 2010: The average days on market is up 927%

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®MLS for the period of Sept 1, 2007 to Sept 30, 2010. This information was extracted on 11/11/2010.