COPPER MILL

GOLF

ZACHARY

HOME SALES

REPORT

Q3 2011 VS

Q3 2014

Based on information from

Greater Baton Rouge

Association of REALTORS®\MLS

for period 07/01/2011 to

09/30/2014, extracted on

10/22/2014.

Q3-2014420,000

Q3-2011374,850

%12

Change45,150

Q3-2011 vs Q3-2014: The median sold price is up 12%Median Sold Price by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Copper MillPrice:

Median Sold Price by quarterQ3-2011 vs Q3-2014: The median sold price is up 12%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Q3 2014 420,000 11 135

Q2 2014 362,117 8 152

Q1 2014 292,900 7 130

Q4 2013 339,907 8 125

Q3 2013 379,000 7 105

Q2 2013 388,550 6 55

Q1 2013 354,900 7 61

Q4 2012 363,279 1 78

Q3 2012 365,000 11 135

Q2 2012 390,000 11 92

Q1 2012 405,000 1 24

Q4 2011 440,000 3 174

Q3 2011 374,850 6 111

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201411

Q3-20116

%83

Change5

Q3-2011 vs Q3-2014: The number of Sold properties is up 83%Sold Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Copper MillPrice:

Sold Properties by quarterQ3-2011 vs Q3-2014: The number of Sold properties is up 83%

Accurate Valuations GroupWilliam Cobb

Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Q3 2014 420,00011 135 1 9.1 352,000 10 90.9 422,500

Q2 2014 362,1178 152 1 12.5 343,000 7 87.5 381,234

Q1 2014 292,9007 130 0 0.0 7 100.0 292,900

Q4 2013 339,9078 125 0 0.0 8 100.0 339,907

Q3 2013 379,0007 105 1 14.3 480,000 6 85.7 367,000

Q2 2013 388,5506 55 1 16.7 363,000 5 83.3 389,600

Q1 2013 354,9007 61 2 28.6 375,000 5 71.4 354,900

Q4 2012 363,2791 78 0 0.0 1 100.0 363,279

Q3 2012 365,00011 135 1 9.1 383,645 10 90.9 357,500

Q2 2012 390,00011 92 0 0.0 11 100.0 390,000

Q1 2012 405,0001 24 0 0.0 1 100.0 405,000

Q4 2011 440,0003 174 0 0.0 3 100.0 440,000

Q3 2011 374,8506 111 2 33.3 389,850 4 66.7 343,000

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-20141

Q3-20112

%-50

Change-1

Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -50%Sold Properties by quarter (Bank)

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Copper MillPrice:

Sold Properties by quarter (Bank)Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -50%

Accurate Valuations GroupWilliam Cobb

Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Q3 2014 420,00011 135 1 9.1 352,000 10 90.9 422,500

Q2 2014 362,1178 152 1 12.5 343,000 7 87.5 381,234

Q1 2014 292,9007 130 0 0.0 7 100.0 292,900

Q4 2013 339,9078 125 0 0.0 8 100.0 339,907

Q3 2013 379,0007 105 1 14.3 480,000 6 85.7 367,000

Q2 2013 388,5506 55 1 16.7 363,000 5 83.3 389,600

Q1 2013 354,9007 61 2 28.6 375,000 5 71.4 354,900

Q4 2012 363,2791 78 0 0.0 1 100.0 363,279

Q3 2012 365,00011 135 1 9.1 383,645 10 90.9 357,500

Q2 2012 390,00011 92 0 0.0 11 100.0 390,000

Q1 2012 405,0001 24 0 0.0 1 100.0 405,000

Q4 2011 440,0003 174 0 0.0 3 100.0 440,000

Q3 2011 374,8506 111 2 33.3 389,850 4 66.7 343,000

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201413

Q3-20116

%117

Change7

Q3-2011 vs Q3-2014: The number of Under Contract properties is up 117%Under Contract Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

Copper Mill

Period: 3 Year QuarterlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Under Contract Properties by quarterQ3-2011 vs Q3-2014: The number of Under Contract properties is up 117%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 449,00013 87 428,00092.312452,0007.71Q2 2014 369,90014 166 379,90092.913359,9007.11Q1 2014 350,0007 113 351,40085.76350,00014.31Q4 2013 329,9007 114 329,900100.070.00Q3 2013 448,9005 136 399,40780.04499,90020.01Q2 2013 384,4508 88 379,90087.57435,00012.51Q1 2013 392,8255 52 392,825100.050.00Q4 2012 412,4004 46 412,40050.02402,45050.02Q3 2012 375,0009 128 372,45088.98415,00011.11Q2 2012 369,9009 87 369,900100.090.00Q1 2012 407,4504 124 407,450100.040.00Q4 2011 523,9504 100 523,950100.040.00Q3 2011 403,0006 99 397,00066.74403,00033.32

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201419

Q3-20116

%217

Change13

Q3-2011 vs Q3-2014: The number of New properties is up 217%New Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Copper MillPrice:

New Properties by quarterQ3-2011 vs Q3-2014: The number of New properties is up 217%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 375,00019 0 0.0 19 100.0 375,000Q2 2014 409,00025 4 16.0 433,500 21 84.0 388,900Q1 2014 384,00011 3 27.3 374,900 8 72.7 392,000Q4 2013 407,0009 0 0.0 9 100.0 407,000Q3 2013 374,90022 0 0.0 22 100.0 374,900Q2 2013 369,4758 1 12.5 499,900 7 87.5 349,951Q1 2013 394,86218 1 5.6 498,000 17 94.4 392,825Q4 2012 435,0009 3 33.3 435,000 6 66.7 409,900Q3 2012 415,0007 1 14.3 415,000 6 85.7 395,000Q2 2012 402,00010 0 0.0 10 100.0 402,000Q1 2012 324,9009 0 0.0 9 100.0 324,900Q4 2011 499,90010 0 0.0 10 100.0 499,900Q3 2011 406,0006 1 16.7 397,000 5 83.3 415,000

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201451

Q3-201128

%82

Change23

Q3-2011 vs Q3-2014: The number of For Sale properties is up 82%For Sale Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Copper MillPrice:

For Sale Properties by quarterQ3-2011 vs Q3-2014: The number of For Sale properties is up 82%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time Period

Q3 2014 388,90051 144 3 5.9 452,000 48 94.1 383,450Q2 2014 394,40054 142 6 11.1 433,500 48 88.9 386,450Q1 2014 381,95040 168 3 7.5 374,900 37 92.5 384,000Q4 2013 384,44940 150 1 2.5 498,000 39 97.5 379,900Q3 2013 389,99941 118 2 4.9 498,950 39 95.1 388,999Q2 2013 389,99929 117 3 10.3 498,000 26 89.7 384,450Q1 2013 392,82527 76 2 7.4 466,500 25 92.6 389,999Q4 2012 447,45018 135 3 16.7 435,000 15 83.3 449,900Q3 2012 415,00023 183 1 4.3 415,000 22 95.7 402,000Q2 2012 394,45026 191 0 0.0 26 100.0 394,450Q1 2012 379,90024 220 0 0.0 24 100.0 379,900Q4 2011 427,45024 212 0 0.0 24 100.0 427,450Q3 2011 412,50028 220 2 7.1 403,000 26 92.9 415,000

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-20148

Q3-20118

%0

Change0

Q3-2011 vs Q3-2014: The number of Expired properties has not changedExpired Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

10/26/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Copper MillPrice:

Expired Properties by quarterQ3-2011 vs Q3-2014: The number of Expired properties has not changed

Accurate Valuations GroupWilliam Cobb

Median Price Units% BankAvg DOMUnits Median Price

Bank Properties

Units

Non-Bank Properties

% Non-Bank Median Price

Full Market

Q3 2014 464,4508 186 0 0.0 8 100.0 464,450Q2 2014 449,9508 87 2 25.0 454,950 6 75.0 449,950Q1 2014 379,9504 178 0 0.0 4 100.0 379,950Q4 2013 473,9504 251 1 25.0 498,000 3 75.0 449,900Q3 2013 489,7405 192 0 0.0 5 100.0 489,740Q2 2013 329,9002 128 0 0.0 2 100.0 329,900Q1 2013 319,9001 154 0 0.0 1 100.0 319,900Q4 2012 475,0005 227 0 0.0 5 100.0 475,000Q3 2012 415,0005 171 0 0.0 5 100.0 415,000Q2 2012 515,0001 970 0 0.0 1 100.0 515,000Q1 2012 360,7504 156 0 0.0 4 100.0 360,750Q4 2011 439,9005 172 0 0.0 5 100.0 439,900Q3 2011 449,4508 201 0 0.0 8 100.0 449,450

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-2011 vs Q3-2014: The number of for sale properties is up 82% and the number of sold properties is up 83%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

28 82

William Cobb

51Q3-2014

Supply & Demand by quarter

ChangeQ3-2011 %23

Q3-2011 Q3-2014 %6 83

Q3-2011 vs. Q3-2014

11Change

5

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Copper MillPrice:

Supply & Demand by quarterQ3-2011 vs Q3-2014: The number of for sale properties is up 82% and the number of sold properties is up 83%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Q3 2014 144 13551 11Q2 2014 142 15254 8Q1 2014 168 13040 7Q4 2013 150 12540 8Q3 2013 118 10541 7Q2 2013 117 5529 6Q1 2013 76 6127 7Q4 2012 135 7818 1Q3 2012 183 13523 11Q2 2012 191 9226 11Q1 2012 220 2424 1Q4 2011 212 17424 3Q3 2011 220 11128 6

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201487

Q3-201199

%-12

Change-12

Q3-2011 vs Q3-2014: The average days on market is down -12%The Average Days on Market by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Copper MillAll 3 Year Quarterly

Subdivision:Period:Price:

Property Types: : Residential

10/26/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

All Lot Size:Bathrooms:AllConstruction Type:MLS: GBRAR

The Average Days on Market by quarterQ3-2011 vs Q3-2014: The average days on market is down -12%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodQ3 2014 1387Q2 2014 14166Q1 2014 7113Q4 2013 7114Q3 2013 5136Q2 2013 888Q1 2013 552Q4 2012 446Q3 2012 9128Q2 2012 987Q1 2012 4124Q4 2011 4100Q3 2011 699

Clarus MarketMetrics® 2/2 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

Q3-2011 vs Q3-2014: The median price of for sale properties is down -6% and the median price of sold properties is up 12%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

412,500 -6

William Cobb

388,900Q3-2014

Median For Sale vs Median Sold

ChangeQ3-2011 %-23,600

Q3-2011 Q3-2014 %374,850 12

Q3-2011 vs. Q3-2014

420,000Change45,150

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Copper MillPrice:

Median For Sale vs Median SoldQ3-2011 vs Q3-2014: The median price of for sale properties is down -6% and the median price of sold properties is up 12%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Q3 2014 51 11388,900 420,000 31,100Q2 2014 54 8394,400 362,117 -32,283Q1 2014 40 7381,950 292,900 -89,050Q4 2013 40 8384,449 339,907 -44,542Q3 2013 41 7389,999 379,000 -10,999Q2 2013 29 6389,999 388,550 -1,449Q1 2013 27 7392,825 354,900 -37,925Q4 2012 18 1447,450 363,279 -84,171Q3 2012 23 11415,000 365,000 -50,000Q2 2012 26 11394,450 390,000 -4,450Q1 2012 24 1379,900 405,000 25,100Q4 2011 24 3427,450 440,000 12,550Q3 2011 28 6412,500 374,850 -37,650

Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

10/26/201422/