livingston parish home sales q1 2012 pending listings up 30 percent median sales price still down

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  • 8/2/2019 Livingston Parish Home Sales Q1 2012 Pending Listings Up 30 Percent Median Sales Price Still Down

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    04/13/2012Clarus MarketMetrics

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

    Livingston Parish, Louisiana ALL AREAS

    William CobbAccurate Valuations Group

    Market Dynamics

    Prepared For

    1 of 21

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    Mar-12

    142,675

    Mar-11

    145,500

    %

    -2%

    Change

    -2,825

    Mar-11 vs. Mar-12: The median sold price is down 2%Median Sold Price by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/13/2012

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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

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    Median Sold Price by MonthMar-11 vs. Mar-12: The median sold price is down 2%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price # Units Average DOM

    Mar-12 142,675 98 102

    Feb-12 145,000 89 104

    Jan-12 135,000 90 110

    Dec-11 136,900 71 106

    Nov-11 138,250 68 97

    Oct-11 153,000 75 91

    Sep-11 140,900 132 91

    Aug-11 141,100 104 106Jul-11 138,000 99 100

    Jun-11 150,750 110 98

    May-11 147,950 96 112

    Apr-11 140,000 93 96

    Mar-11 145,500 110 112

    Clarus MarketMetrics 2 of 2 04/13/2012

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

    3 of 21

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    Mar-11 vs. Mar-12: The median price of for sale properties is up 3% and the median price of sold properties is down 2%

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    155,000 +3%

    William Cobb

    159,900

    Mar-12

    Median For Sale vs. Median Sold

    ChangeMar-11 %

    4,900

    Mar-11 Mar-12 %

    145,500 -2%

    Mar-11 vs. Mar-12

    142,675

    Change

    -2,825

    Clarus MarketMetrics 1 of 2 04/13/2012

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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

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    Median For Sale vs. Median SoldMar-11 vs. Mar-12: The median price of for sale properties is up 3% and the median price of sold properties is down 2%

    Accurate Valuations GroupWilliam Cobb

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Mar-12 968 98159,900 142,675 -17,225

    Feb-12 973 89159,500 145,000 -14,500

    Jan-12 970 90157,900 135,000 -22,900

    Dec-11 951 71155,250 136,900 -18,350

    Nov-11 982 68155,118 138,250 -16,867

    Oct-11 1,029 75155,300 153,000 -2,300

    Sep-11 973 132155,900 140,900 -15,000

    Aug-11 1,033 104154,900 141,100 -13,800

    Jul-11 1,024 99154,900 138,000 -16,900

    Jun-11 1,010 110152,950 150,750 -2,200

    May-11 1,003 96153,900 147,950 -5,950

    Apr-11 1,015 93154,900 140,000 -14,900

    Mar-11 1,035 110155,000 145,500 -9,500

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

    2 of 2 04/13/2012

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    Mar-12

    98

    Mar-11

    110

    %

    -11%

    Change

    -12

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

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/13/2012

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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

    6 of 21

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

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOM

    Mar-12 142,67598 102

    Feb-12 145,00089 104

    Jan-12 135,00090 110

    Dec-11 136,90071 106

    Nov-11 138,25068 97

    Oct-11 153,00075 91

    Sep-11 140,900132 91

    Aug-11 141,100104 106Jul-11 138,00099 100

    Jun-11 150,750110 98

    May-11 147,95096 112

    Apr-11 140,00093 96

    Mar-11 145,500110 112

    Clarus MarketMetrics 2 of 2 04/13/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    139

    Mar-11

    107

    %

    +30%

    Change

    32

    Mar-11 vs. Mar-12: The number of Under Contract properties is up 30%Under Contract Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/13/2012

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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

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    Under Contract Properties by MonthMar-11 vs. Mar-12: The number of Under Contract properties is up 30%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMMar-12 149,900139 95

    Feb-12 149,900129 104

    Jan-12 142,40098 104

    Dec-11 132,20075 115

    Nov-11 138,90085 98

    Oct-11 139,90086 117

    Sep-11 154,90090 93

    Aug-11 141,645128 93Jul-11 154,95094 105

    Jun-11 144,500123 98

    May-11 149,900105 109

    Apr-11 147,90094 102

    Mar-11 150,000107 108

    Clarus MarketMetrics 2 of 2 04/13/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    183

    Mar-11

    194

    %

    -6%

    Change

    -11

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

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/13/2012

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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

    10 of 21

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

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median PriceMar-12 154,900183

    Feb-12 159,900172

    Jan-12 159,500190

    Dec-11 145,250114

    Nov-11 139,900131

    Oct-11 154,900227

    Sep-11 149,900163

    Aug-11 155,000183Jul-11 154,900231

    Jun-11 150,000191

    May-11 144,900179

    Apr-11 149,900187

    Mar-11 155,000194

    Clarus MarketMetrics 2 of 2 04/13/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    968

    Mar-11

    1,035

    %

    -6%

    Change

    -67

    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 04/13/2012

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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

    12 of 21

  • 8/2/2019 Livingston Parish Home Sales Q1 2012 Pending Listings Up 30 Percent Median Sales Price Still Down

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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-12 159,900968 141

    Feb-12 159,500973 140

    Jan-12 157,900970 140

    Dec-11 155,250951 144

    Nov-11 155,118982 133

    Oct-11 155,3001,029 126

    Sep-11 155,900973 127

    Aug-11 154,9001,033 124Jul-11 154,9001,024 122

    Jun-11 152,9501,010 128

    May-11 153,9001,003 132

    Apr-11 154,9001,015 134

    Mar-11 155,0001,035 134

    Clarus MarketMetrics 2 of 2 04/13/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    63

    Mar-11

    100

    %

    -37%

    Change

    -37

    Mar-11 vs. Mar-12: The number of Expired properties is down 37%Expired Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/13/2012

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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 down 37%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price# Properties Average DOMMar-12 149,00063 192

    Feb-12 150,00059 178

    Jan-12 175,00071 187

    Dec-11 159,50096 177

    Nov-11 163,62860 175

    Oct-11 154,90092 160

    Sep-11 159,90081 148

    Aug-11 154,90095 179Jul-11 151,45080 164

    Jun-11 149,90094 204

    May-11 165,00079 197

    Apr-11 152,00097 202

    Mar-11 165,000100 179

    Clarus MarketMetrics 2 of 2 04/13/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    15 of 21

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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 down 11%

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    1,035 -6%

    William Cobb

    968

    Mar-12

    Supply & Demand by Month

    ChangeMar-11 %

    -67

    Mar-11 Mar-12 %

    110 -11%

    Mar-11 vs. Mar-12

    98

    Change

    -12

    Clarus MarketMetrics 1 of 2 04/13/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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 Livingston Parish Home Sales Q1 2012 Pending Listings Up 30 Percent Median Sales Price Still Down

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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 down 11%

    William Cobb Accurate Valuations Group

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

    Mar-12 141 102968 98

    Feb-12 140 104973 89

    Jan-12 140 110970 90

    Dec-11 144 106951 71

    Nov-11 133 97982 68

    Oct-11 126 911,029 75

    Sep-11 127 91973 132

    Aug-11 124 1061,033 104

    Jul-11 122 1001,024 99

    Jun-11 128 981,010 110

    May-11 132 1121,003 96

    Apr-11 134 961,015 93

    Mar-11 134 1121,035 110

    Clarus MarketMetrics 2 of 2 04/13/2012Information 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 Livingston Parish Home Sales Q1 2012 Pending Listings Up 30 Percent Median Sales Price Still Down

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    Mar-12

    95

    Mar-11

    108

    %

    -12%

    Change

    -13

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

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/13/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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

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

    Accurate Valuations GroupWilliam Cobb

    Time Period # UC UnitsAverage DOM

    Mar-12 13995

    Feb-12 129104

    Jan-12 98104

    Dec-11 75115

    Nov-11 8598

    Oct-11 86117

    Sep-11 9093

    Aug-11 12893

    Jul-11 94105

    Jun-11 12398

    May-11 105109

    Apr-11 94102

    Mar-11 107108

    Clarus MarketMetrics 2 of 2 04/13/2012Information 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 Livingston Parish Home Sales Q1 2012 Pending Listings Up 30 Percent Median Sales Price Still Down

    20/21

    Mar-11 vs. Mar-12: The average months supply of inventory is down 29%

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    7.7 -29%

    William Cobb

    5.5

    Mar-12

    Months Supply of Inventory

    ChangeMar-11 %

    -2.2

    Clarus MarketMetrics 1 of 2 04/13/2012

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    LIV MLS AREA 80, LIV MLS AREA 81, LIV MLS AREA 82, LIV MLS AREA 83

    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

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    Months Supply of InventoryMar-11 vs. Mar-12: The average months supply of inventory is down 29%

    William Cobb Accurate Valuations Group

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

    Mar-12 139 95766 5.5

    Feb-12 129 104785 6.1

    Jan-12 98 104801 8.2

    Dec-11 75 115780 10.4

    Nov-11 85 98837 9.8

    Oct-11 86 117851 9.9

    Sep-11 90 93802 8.9

    Aug-11 128 93810 6.3

    Jul-11 94 105850 9.0

    Jun-11 123 98793 6.4

    May-11 105 109819 7.8

    Apr-11 94 102824 8.8

    Mar-11 107 108828 7.7

    Clarus MarketMetrics 2 of 2 04/13/2012

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

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