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East Baton Rouge Home Sales October 2011 Versus October 2012 Existing Homes Resales

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  • 7/30/2019 East Baton Rouge Home Sales October 2011 Versus October 2012 Existing Homes Resales

    1/21

    11/16/2012Clarus MarketMetrics

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

    EBRP 10/2011 vs 10/2012, Louisiana ALL EBRP

    William CobbAccurate Valuations Group

    Market Dynamics

    Prepared For

    1 of 21

  • 7/30/2019 East Baton Rouge Home Sales October 2011 Versus October 2012 Existing Homes Resales

    2/21

    Oct-12

    155,000

    Oct-11

    157,900

    %

    -2%

    Change

    -2,900

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

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    William Cobb

    Clarus MarketMetrics 1 of 2 11/16/2012

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

    AllBathrooms:MLS: ResaleAll

    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, 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

  • 7/30/2019 East Baton Rouge Home Sales October 2011 Versus October 2012 Existing Homes Resales

    3/21

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

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price # Units Average DOM

    Oct-12 155,000 305 89

    Sep-12 165,000 296 97

    Aug-12 167,500 294 95

    Jul-12 166,450 356 83

    Jun-12 161,000 385 80

    May-12 164,078 386 91

    Apr-12 152,500 311 91

    Mar-12 152,750 336 104Feb-12 154,163 232 104

    Jan-12 149,000 185 98

    Dec-11 150,000 235 91

    Nov-11 144,000 229 102

    Oct-11 157,900 247 107

    Clarus MarketMetrics 2 of 2 11/16/2012

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

    3 of 21

  • 7/30/2019 East Baton Rouge Home Sales October 2011 Versus October 2012 Existing Homes Resales

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    Oct-11 vs. Oct-12: The median price of for sale properties is down 1% and the median price of sold properties is down 2%

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    153,850 -1%

    William Cobb

    152,000

    Oct-12

    Median For Sale vs. Median Sold

    ChangeOct-11 %

    -1,850

    Oct-11 Oct-12 %

    157,900 -2%

    Oct-11 vs. Oct-12

    155,000

    Change

    -2,900

    Clarus MarketMetrics 1 of 2 11/16/2012

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

    AllBathrooms:MLS: ResaleAll

    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, 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

  • 7/30/2019 East Baton Rouge Home Sales October 2011 Versus October 2012 Existing Homes Resales

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    Median For Sale vs. Median SoldOct-11 vs. Oct-12: The median price of for sale properties is down 1% and the median price of sold properties is down 2%

    Accurate Valuations GroupWilliam Cobb

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Oct-12 2,678 305152,000 155,000 3,000

    Sep-12 2,697 296152,900 165,000 12,100

    Aug-12 2,778 294154,950 167,500 12,550

    Jul-12 2,866 356156,700 166,450 9,750

    Jun-12 2,867 385159,000 161,000 2,000

    May-12 2,848 386159,000 164,078 5,078

    Apr-12 2,799 311155,000 152,500 -2,500

    Mar-12 2,738 336153,000 152,750 -250

    Feb-12 2,610 232151,250 154,163 2,913

    Jan-12 2,601 185150,900 149,000 -1,900

    Dec-11 2,594 235150,000 150,000 0

    Nov-11 2,708 229150,000 144,000 -6,000

    Oct-11 2,848 247153,850 157,900 4,050

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

    2 of 2 11/16/2012

    5 of 21

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    Oct-12

    305

    Oct-11

    247

    %

    +23%

    Change

    58

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

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    William Cobb

    Clarus MarketMetrics 1 of 2 11/16/2012

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

    AllBathrooms:MLS: ResaleAll

    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, 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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    7/21

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

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOM

    Oct-12 155,000305 89

    Sep-12 165,000296 97

    Aug-12 167,500294 95

    Jul-12 166,450356 83

    Jun-12 161,000385 80

    May-12 164,078386 91

    Apr-12 152,500311 91

    Mar-12 152,750336 104Feb-12 154,163232 104

    Jan-12 149,000185 98

    Dec-11 150,000235 91

    Nov-11 144,000229 102

    Oct-11 157,900247 107

    Clarus MarketMetrics 2 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    7 of 21

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    Oct-12

    345

    Oct-11

    251

    %

    +37%

    Change

    94

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

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    William Cobb

    Clarus MarketMetrics 1 of 2 11/16/2012

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

    AllBathrooms:MLS: ResaleAll

    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, 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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    9/21

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

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMOct-12 145,000345 84

    Sep-12 169,900293 90

    Aug-12 159,900282 101

    Jul-12 175,950354 93

    Jun-12 169,900339 85

    May-12 165,250384 93

    Apr-12 162,700386 98

    Mar-12 161,000357 90Feb-12 158,000319 101

    Jan-12 149,900253 115

    Dec-11 149,000201 96

    Nov-11 159,900220 90

    Oct-11 159,900251 95

    Clarus MarketMetrics 2 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    9 of 21

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    Oct-12

    502

    Oct-11

    489

    %

    +3%

    Change

    13

    Oct-11 vs. Oct-12: The number of New properties is up 3%New Properties by Month

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    William Cobb

    Clarus MarketMetrics 1 of 2 11/16/2012

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

    AllBathrooms:MLS: ResaleAll

    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, 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 MonthOct-11 vs. Oct-12: The number of New properties is up 3%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median PriceOct-12 159,900502

    Sep-12 149,250446

    Aug-12 164,900509

    Jul-12 159,999581

    Jun-12 164,900613

    May-12 163,000610

    Apr-12 165,000613

    Mar-12 159,900618Feb-12 150,000467

    Jan-12 154,450484

    Dec-11 149,900322

    Nov-11 154,500379

    Oct-11 145,000489

    Clarus MarketMetrics 2 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Oct-12

    2,678

    Oct-11

    2,848

    %

    -6%

    Change

    -170

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

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    William Cobb

    Clarus MarketMetrics 1 of 2 11/16/2012

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

    AllBathrooms:MLS: ResaleAll

    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, 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

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    13/21

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

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMOct-12 152,0002,678 140

    Sep-12 152,9002,697 138

    Aug-12 154,9502,778 142

    Jul-12 156,7002,866 139

    Jun-12 159,0002,867 142

    May-12 159,0002,848 145

    Apr-12 155,0002,799 148

    Mar-12 153,0002,738 153Feb-12 151,2502,610 159

    Jan-12 150,9002,601 161

    Dec-11 150,0002,594 166

    Nov-11 150,0002,708 155

    Oct-11 153,8502,848 149

    Clarus MarketMetrics 2 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    13 of 21

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    Oct-12

    232

    Oct-11

    268

    %

    -13%

    Change

    -36

    Oct-11 vs. Oct-12: The number of Expired properties is down 13%Expired Properties by Month

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    William Cobb

    Clarus MarketMetrics 1 of 2 11/16/2012

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

    AllBathrooms:MLS: ResaleAll

    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, 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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    15/21

    Expired Properties by MonthOct-11 vs. Oct-12: The number of Expired properties is down 13%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price# Properties Average DOMOct-12 149,900232 176

    Sep-12 149,900228 173

    Aug-12 160,000245 249

    Jul-12 150,000243 176

    Jun-12 159,900238 216

    May-12 166,200212 188

    Apr-12 135,450174 202

    Mar-12 140,000197 189Feb-12 130,000171 184

    Jan-12 150,000204 193

    Dec-11 145,000277 215

    Nov-11 156,000216 189

    Oct-11 159,900268 186

    Clarus MarketMetrics 2 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    15 of 21

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    16/21

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

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    2,848 -6%

    William Cobb

    2,678

    Oct-12

    Supply & Demand by Month

    ChangeOct-11 %

    -170

    Oct-11 Oct-12 %

    247 +23%

    Oct-11 vs. Oct-12

    305

    Change

    58

    Clarus MarketMetrics 1 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    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, 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

  • 7/30/2019 East Baton Rouge Home Sales October 2011 Versus October 2012 Existing Homes Resales

    17/21

    Supply & Demand by MonthOct-11 vs. Oct-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

    Oct-12 140 892,678 305

    Sep-12 138 972,697 296

    Aug-12 142 952,778 294

    Jul-12 139 832,866 356

    Jun-12 142 802,867 385

    May-12 145 912,848 386

    Apr-12 148 912,799 311

    Mar-12 153 1042,738 336

    Feb-12 159 1042,610 232

    Jan-12 161 982,601 185

    Dec-11 166 912,594 235

    Nov-11 155 1022,708 229

    Oct-11 149 1072,848 247

    Clarus MarketMetrics 2 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    17 of 21

    Accurate Valuations GroupWilliam Cobb

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    Oct-12

    84

    Oct-11

    95

    %

    -11%

    Change

    -10

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

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    William Cobb

    Clarus MarketMetrics 1 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    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, 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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    19/21

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

    Accurate Valuations GroupWilliam Cobb

    Time Period # UC UnitsAverage DOM

    Oct-12 34584

    Sep-12 29390

    Aug-12 282101

    Jul-12 35493

    Jun-12 33985

    May-12 38493

    Apr-12 38698

    Mar-12 35790

    Feb-12 319101

    Jan-12 253115

    Dec-11 20196

    Nov-11 22090

    Oct-11 25195

    Clarus MarketMetrics 2 of 2 11/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    19 of 21

    Accurate Valuations GroupWilliam Cobb

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    20/21

    Oct-11 vs. Oct-12: The average months supply of inventory is down 34%

    Accurate Valuations Group

    Oct-11 vs. Oct-12

    9.3 -34%

    William Cobb

    6.1

    Oct-12

    Months Supply of Inventory

    ChangeOct-11 %

    -3.2

    Clarus MarketMetrics 1 of 2 11/16/2012

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

    AllBathrooms:MLS: ResaleAll

    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, 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 InventoryOct-11 vs. Oct-12: The average months supply of inventory is down 34%

    William Cobb Accurate Valuations Group

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

    Oct-12 345 842,101 6.1

    Sep-12 293 902,176 7.4

    Aug-12 282 1012,251 8.0

    Jul-12 354 932,270 6.4

    Jun-12 339 852,294 6.8

    May-12 384 932,256 5.9

    Apr-12 386 982,242 5.8

    Mar-12 357 902,186 6.1

    Feb-12 319 1012,120 6.6

    Jan-12 253 1152,144 8.5

    Dec-11 201 962,117 10.5

    Nov-11 220 902,272 10.3

    Oct-11 251 952,329 9.3

    Clarus MarketMetrics 2 of 2 11/16/2012

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

    21 of 21


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