Baton Rouge Real Estate Blogger Bill Cobb on Pointe South Subdivision 2012 Market
Pointe South Subdivision is located adjacent to the popular Copper Mill Golf Community in Zachary Louisiana. The Town of Zachary has THE TOP performing public school system in the State of Louisiana 5 years straight! Within Pointe South, homes range 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 in 2012 based on 4 sales. In 2011, average sales price per sq. ft. was $123.96 and in 2012 it’s $124.16. Average days on market is lower in 2012 at 46 days from 84 days in 2011. Homes are selling for 99% of listing prices as well.
LISTINGS. There are 6 current listings within GBRMLS, 3 active and 3 pending. Listing prices are $224,900 (a foreclosure), $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 of January 1, 2010 to April 19, 2012. This information was extracted on 04/19/2012. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!