Live Ascension Real Estate Information

April 5, 2010

Ascension Parish Real Estate - Residential Market Analysis 1st Quarter 2010

Ascension Parish Real Estate Market Report 2010Q1

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 and represent detached single family home sales.

Unit of detached single family homes in Ascension parish were up about 24% in March of 2010 when compared to sales in March of 2009. Both the new construction and the re-sale market segments showed growth.

Ascension Home Sales

First quarter sales, likewise, show growth in 2010 when compared with 2009. In the re-sale market segment first quarter unit sales in 2010 are similar to those of 2007 and 2008.

Ascension Home Sales

The average selling price per square foot of living area is down marginally in both market segments for 2010 as the next chart demonstrates.

Ascension Home Sales

The following chart indicates that the decline may have bottomed out. In fact, there are some indications of improvement but it is too early to say for sure. We’ll continue to monitor this closely.

Ascension 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 - email1312

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