east baton rouge home sales report april 12 2011 through april 12 2012

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  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

    1/21

    04/12/2012Clarus MarketMetrics

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    East Baton Rouge, Louisiana ALL AREAS

    William CobbAccurate Valuations Group

    Market Dynamics

    Prepared For

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  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Mar-12

    164,000

    Mar-11

    177,250

    %

    -7%

    Change

    -13,250

    Mar-11 vs. Mar-12: The median sold price is down 7%Median Sold Price by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

    2 of 21

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Median Sold Price by MonthMar-11 vs. Mar-12: The median sold price is down 7%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price # Units Average DOM

    Mar-12 164,000 362 108

    Feb-12 165,000 259 108

    Jan-12 159,000 214 100

    Dec-11 160,900 271 94

    Nov-11 158,731 273 104

    Oct-11 169,000 289 107

    Sep-11 170,000 306 100

    Aug-11 169,740 397 103Jul-11 171,000 329 92

    Jun-11 179,900 377 99

    May-11 175,000 329 118

    Apr-11 168,000 281 120

    Mar-11 177,250 294 98

    Clarus MarketMetrics 2 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    3 of 21

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

    4/21

    Mar-11 vs. Mar-12: The median price of for sale properties is down 1% and the median price of sold properties is down 7%

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    169,500 -1%

    William Cobb

    167,500

    Mar-12

    Median For Sale vs. Median Sold

    ChangeMar-11 %

    -2,000

    Mar-11 Mar-12 %

    177,250 -7%

    Mar-11 vs. Mar-12

    164,000

    Change

    -13,250

    Clarus MarketMetrics 1 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

    4 of 21

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Median For Sale vs. Median SoldMar-11 vs. Mar-12: The median price of for sale properties is down 1% and the median price of sold properties is down 7%

    Accurate Valuations GroupWilliam Cobb

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Mar-12 3,111 362167,500 164,000 -3,500

    Feb-12 3,011 259165,000 165,000 0

    Jan-12 2,996 214164,900 159,000 -5,900

    Dec-11 2,984 271161,995 160,900 -1,095

    Nov-11 3,105 273164,900 158,731 -6,169

    Oct-11 3,256 289164,900 169,000 4,100

    Sep-11 3,301 306165,000 170,000 5,000

    Aug-11 3,405 397165,000 169,740 4,740

    Jul-11 3,445 329168,900 171,000 2,100

    Jun-11 3,517 377169,900 179,900 10,000

    May-11 3,532 329169,900 175,000 5,100

    Apr-11 3,414 281169,900 168,000 -1,900

    Mar-11 3,315 294169,500 177,250 7,750

    Clarus MarketMetricsInformation not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    2 of 2 04/12/2012

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    Mar-12

    362

    Mar-11

    294

    %

    +23%

    Change

    68

    Mar-11 vs. Mar-12: The number of Sold properties is up 23%Sold Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

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  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Sold Properties by MonthMar-11 vs. Mar-12: The number of Sold properties is up 23%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOM

    Mar-12 164,000362 108

    Feb-12 165,000259 108

    Jan-12 159,000214 100

    Dec-11 160,900271 94

    Nov-11 158,731273 104

    Oct-11 169,000289 107

    Sep-11 170,000306 100

    Aug-11 169,740397 103Jul-11 171,000329 92

    Jun-11 179,900377 99

    May-11 175,000329 118

    Apr-11 168,000281 120

    Mar-11 177,250294 98

    Clarus MarketMetrics 2 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    467

    Mar-11

    340

    %

    +37%

    Change

    127

    Mar-11 vs. Mar-12: The number of Under Contract properties is up 37%Under Contract Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

    8 of 21

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Under Contract Properties by MonthMar-11 vs. Mar-12: The number of Under Contract properties is up 37%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMMar-12 169,900467 104

    Feb-12 169,900380 103

    Jan-12 160,700294 115

    Dec-11 164,900235 101

    Nov-11 169,900256 95

    Oct-11 174,999295 98

    Sep-11 169,900295 105

    Aug-11 179,000349 115Jul-11 174,950350 116

    Jun-11 174,900340 100

    May-11 184,750374 94

    Apr-11 181,450334 115

    Mar-11 172,000340 105

    Clarus MarketMetrics 2 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    665

    Mar-11

    672

    %

    -1%

    Change

    -7

    Mar-11 vs. Mar-12: The number of New properties is down 1%New Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

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  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    New Properties by MonthMar-11 vs. Mar-12: The number of New properties is down 1%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median PriceMar-12 169,900665

    Feb-12 163,074532

    Jan-12 169,000561

    Dec-11 155,000358

    Nov-11 165,500434

    Oct-11 155,000556

    Sep-11 167,950552

    Aug-11 155,000592Jul-11 159,900553

    Jun-11 174,900607

    May-11 170,000658

    Apr-11 175,000644

    Mar-11 167,700672

    Clarus MarketMetrics 2 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    3,111

    Mar-11

    3,315

    %

    -6%

    Change

    -204

    Mar-11 vs. Mar-12: The number of For Sale properties is down 6%For Sale Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

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  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    For Sale Properties by MonthMar-11 vs. Mar-12: The number of For Sale properties is down 6%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMMar-12 167,5003,111 163

    Feb-12 165,0003,011 167

    Jan-12 164,9002,996 169

    Dec-11 161,9952,984 179

    Nov-11 164,9003,105 168

    Oct-11 164,9003,256 160

    Sep-11 165,0003,301 158

    Aug-11 165,0003,405 157Jul-11 168,9003,445 156

    Jun-11 169,9003,517 151

    May-11 169,9003,532 147

    Apr-11 169,9003,414 148

    Mar-11 169,5003,315 149

    Clarus MarketMetrics 2 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Mar-12

    208

    Mar-11

    205

    %

    +1%

    Change

    3

    Mar-11 vs. Mar-12: The number of Expired properties is up 1%Expired Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

    14 of 21

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    Expired Properties by MonthMar-11 vs. Mar-12: The number of Expired properties is up 1%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price# Properties Average DOMMar-12 148,200208 194

    Feb-12 144,900185 184

    Jan-12 150,000223 192

    Dec-11 154,950314 261

    Nov-11 164,900223 187

    Oct-11 165,000290 183

    Sep-11 155,250306 169

    Aug-11 158,603307 184Jul-11 157,750282 186

    Jun-11 167,000285 182

    May-11 170,000248 174

    Apr-11 150,000206 188

    Mar-11 160,000205 201

    Clarus MarketMetrics 2 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    15 of 21

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Mar-11 vs. Mar-12: The number of for sale properties is down 6% and the number of sold properties is up 23%

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    3,315 -6%

    William Cobb

    3,111

    Mar-12

    Supply & Demand by Month

    ChangeMar-11 %

    -204

    Mar-11 Mar-12 %

    294 +23%

    Mar-11 vs. Mar-12

    362

    Change

    68

    Clarus MarketMetrics 1 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

    16 of 21

    Willi C bb A t V l ti G

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Supply & Demand by MonthMar-11 vs. Mar-12: The number of for sale properties is down 6% and the number of sold properties is up 23%

    William Cobb Accurate Valuations Group

    Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

    Mar-12 163 1083,111 362

    Feb-12 167 1083,011 259

    Jan-12 169 1002,996 214

    Dec-11 179 942,984 271

    Nov-11 168 1043,105 273

    Oct-11 160 1073,256 289

    Sep-11 158 1003,301 306

    Aug-11 157 1033,405 397

    Jul-11 156 923,445 329

    Jun-11 151 993,517 377

    May-11 147 1183,532 329

    Apr-11 148 1203,414 281

    Mar-11 149 983,315 294

    Clarus MarketMetrics 2 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    17 of 21

    Accurate Valuations GroupWilliam Cobb

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Mar-12

    104

    Mar-11

    105

    %

    -1%

    Change

    -1

    Mar-11 vs. Mar-12: The average days on market is down 1%The Average Days on Market by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

    18 of 21

    Accurate Valuations GroupWilliam Cobb

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

    19/21

    The Average Days on Market by MonthMar-11 vs. Mar-12: The average days on market is down 1%

    Accurate Valuations GroupWilliam Cobb

    Time Period # UC UnitsAverage DOM

    Mar-12 467104

    Feb-12 380103

    Jan-12 294115

    Dec-11 235101

    Nov-11 25695

    Oct-11 29598

    Sep-11 295105

    Aug-11 349115

    Jul-11 350116

    Jun-11 340100

    May-11 37494

    Apr-11 334115

    Mar-11 340105

    Clarus MarketMetrics 2 of 2 04/12/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    19 of 21

    Accurate Valuations GroupWilliam Cobb

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Mar-11 vs. Mar-12: The average months supply of inventory is down 36%

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    8.1 -36%

    William Cobb

    5.2

    Mar-12

    Months Supply of Inventory

    ChangeMar-11 %

    -2.9

    Clarus MarketMetrics 1 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    MLS Area:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

    20 of 21

    William Cobb Accurate Valuations Group

  • 8/2/2019 East Baton Rouge Home Sales Report April 12 2011 Through April 12 2012

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    Months Supply of InventoryMar-11 vs. Mar-12: The average months supply of inventory is down 36%

    William Cobb Accurate Valuations Group

    Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

    Mar-12 467 1042,436 5.2

    Feb-12 380 1032,446 6.4

    Jan-12 294 1152,479 8.4

    Dec-11 235 1012,435 10.4

    Nov-11 256 952,626 10.3

    Oct-11 295 982,671 9.1

    Sep-11 295 1052,700 9.2

    Aug-11 349 1152,749 7.9

    Jul-11 350 1162,813 8.0

    Jun-11 340 1002,892 8.5

    May-11 374 942,910 7.8

    Apr-11 334 1152,874 8.6

    Mar-11 340 1052,770 8.1

    Clarus MarketMetrics 2 of 2 04/12/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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