Bossier Chamber Chat - Real Estate Market Presentation

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LOCAL REAL ESTATE UPDATE June 2020 Tuesday, June 9, 20


Change / 1950’s ‘The Suburbs’

Tuesday, June 9, 20


Change / 1970’s ‘Blue Laws’

Tuesday, June 9, 20


Change / 1990’s ‘The Mall’

Tuesday, June 9, 20


Change / 2010’s ‘The Internet’

Tuesday, June 9, 20


So What will 2020 Bring?

Tuesday, June 9, 20


Looking Forward Shape of Recovery New Delivery Systems Value of Real Estate Commercial Places / Adaptive Reuse Tuesday, June 9, 20


Looking Forward Shape of Recovery ‘W’ or ‘U’ or ‘V’ or other

Tuesday, June 9, 20


Looking Forward New Delivery Systems

Tuesday, June 9, 20


Looking Forward Value of Real Estate Land. They are not making any more of it. Smaller Cities may be set to gain with Cost of Living and Tuesday, June 9, 20


Looking Forward Value of Real Estate March SOLD March $$$ April SOLD April $$$ May SOLD May $$$

Tuesday, June 9, 20

2019 Residential 443

2020 Residential 461

2019 Commercial 6

$169,195 ASP $189,763 ASP $1,370,000 T 454

420

$179,689 ASP $183,107 ASP 511

424

$195,759 ASP $170,695 ASP

2020 Commercial 2 $645,000 T

4

1

$489,000 T

$165,000 T

6

12

$696,000 T

$5,154,000 T


Looking Forward

Value of Real Estate – Bossier Parish March SOLD March $$$ April SOLD April $$$ May SOLD May $$$

Tuesday, June 9, 20

2019 Residential 166

2020 Residential 180

$184,865 ASP $215,535 ASP 164

157

$211,002 ASP $228,015 ASP 511

141

$228,056 ASP $198,289 ASP

2019 Commercial 2

2020 Commercial 0

$230,000 T

$0 T

4

0

$489,000 T

$0 T

3

3

$383,000 T

$4,275,000 T


Looking Forward Commercial Places / Adaptive Reuse

Tuesday, June 9, 20


LOCAL REAL ESTATE UPDATE June 2020 Tuesday, June 9, 20


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