baton rouge area 52 two year study existing home sales over $500,000 as of march 2012 for homes over...

8/2/2019 Baton Rouge Area 52 Two Year Study Existing Home Sales Over $500,000 as of March 2012 for Homes Over 5 Years Old

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03/04/2012Clarus MarketMetrics

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

GBRAR MLS Area 52, LA 70808

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21


2/21

Feb-12

0

Feb-10

585,000

%

-100%

Change

-585,000

Feb-10 vs. Feb-12: The median sold price is down 100%Median Sold Price by Month

Accurate Valuations Group

Feb-10 vs. Feb-12

William Cobb

Clarus MarketMetrics 1 of 2 03/04/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: Resale$500,000-$2,000,000

Sq Ft:

EBR MLS AREA 52

Residential: (Detached Single Family)

Period: All All

Property Types:

MLS Area:

All

Construction Type:Price: Lot Size:Bedrooms:2 years (monthly)GBRAR

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3/21

Median Sold Price by MonthFeb-10 vs. Feb-12: The median sold price is down 100%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Feb-12 0

Jan-12 0

Dec-11 0

Nov-11 0

Oct-11 689,000 1 4

Sep-11 1,100,000 3 193

Aug-11 744,500 3 30

Jul-11 0

Jun-11 697,000 1 1

May-11 670,000 4 123

Apr-11 585,000 4 52

Mar-11 801,750 2 149

Feb-11 798,500 2 154

Jan-11 850,000 1 978

Dec-10 645,925 2 166

Nov-10 860,000 2 66

Oct-10 0

Sep-10 550,000 2 126

Aug-10 0

Jul-10 1,295,000 2 318

Jun-10 505,000 1 1

May-10 520,000 1 115

Apr-10 697,500 4 124

Mar-10 679,000 3 223

Feb-10 585,000 2 62

Clarus MarketMetrics 2 of 2 03/04/2012


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4/21

Feb-10 vs. Feb-12: The median price of for sale properties is down 7% and the median price of sold properties is down 100%


Feb-10 vs. Feb-12

852,450 -7%

William Cobb

792,500

Feb-12

Median For Sale vs. Median Sold

ChangeFeb-10 %

-59,950

Feb-10 Feb-12 %

585,000 -100%

Feb-10 vs. Feb-12

0

Change

-585,000




Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


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5/21

Median For Sale vs. Median SoldFeb-10 vs. Feb-12: The median price of for sale properties is down 7% and the median price of sold properties is down 100%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Feb-12 28 0792,500

Jan-12 24 0832,000

Dec-11 21 0869,000

Nov-11 21 0889,000

Oct-11 24 1796,000 689,000 -107,000

Sep-11 28 3797,500 1,100,000 302,500

Aug-11 30 3797,500 744,500 -53,000

Jul-11 30 0798,000

Jun-11 31 1797,000 697,000 -100,000

May-11 29 4790,000 670,000 -120,000

Apr-11 26 4785,000 585,000 -200,000

Mar-11 29 2698,000 801,750 103,750

Feb-11 32 2752,500 798,500 46,000

Jan-11 29 1799,000 850,000 51,000

Dec-10 27 2799,000 645,925 -153,075

Nov-10 28 2862,450 860,000 -2,450

Oct-10 31 0835,000

Sep-10 34 2769,500 550,000 -219,500

Aug-10 37 0790,000

Jul-10 35 2799,000 1,295,000 496,000

Jun-10 35 1825,000 505,000 -320,000

May-10 34 1812,500 520,000 -292,499

Apr-10 29 4875,000 697,500 -177,500

Mar-10 31 3835,000 679,000 -156,000

Feb-10 32 2852,450 585,000 -267,450

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

2 of 2 03/04/2012

5 of 21


6/21

Feb-12

0

Feb-10

2

%

-100%

Change

-2

Feb-10 vs. Feb-12: The number of Sold properties is down 100%Sold Properties by Month


Feb-10 vs. Feb-12

William Cobb




Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


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Sold Properties by MonthFeb-10 vs. Feb-12: The number of Sold properties is down 100%


Time Period # Properties Median Price Average DOMFeb-12 0

Jan-12 0

Dec-11 0

Nov-11 0

Oct-11 689,0001 4

Sep-11 1,100,0003 193

Aug-11 744,5003 30

Jul-11 0Jun-11 697,0001 1

May-11 670,0004 123

Apr-11 585,0004 52

Mar-11 801,7502 149

Feb-11 798,5002 154

Jan-11 850,0001 978

Dec-10 645,9252 166

Nov-10 860,0002 66Oct-10 0

Sep-10 550,0002 126

Aug-10 0

Jul-10 1,295,0002 318

Jun-10 505,0001 1

May-10 520,0001 115

Apr-10 697,5004 124

Mar-10 679,0003 223Feb-10 585,0002 62


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Feb-12

3

Feb-10

2

%

+50%

Change

1

Feb-10 vs. Feb-12: The number of Under Contract properties is up 50%Under Contract Properties by Month


Feb-10 vs. Feb-12

William Cobb




Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


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Under Contract Properties by MonthFeb-10 vs. Feb-12: The number of Under Contract properties is up 50%


Time Period # Properties Median Price Average DOMFeb-12 599,0003 24

Jan-12 0

Dec-11 0

Nov-11 740,0002 432

Oct-11 0

Sep-11 999,0002 14

Aug-11 689,0003 367

Jul-11 955,0002 31Jun-11 565,0001 28

May-11 749,0001 1

Apr-11 515,0001 121

Mar-11 630,0005 109

Feb-11 725,0005 113

Jan-11 0

Dec-10 739,9001 78

Nov-10 835,0001 269Oct-10 825,0003 66

Sep-10 0

Aug-10 515,0001 109

Jul-10 564,5002 126

Jun-10 675,0001 209

May-10 505,0001 1

Apr-10 0

Mar-10 699,0005 181Feb-10 682,4502 144


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10/21

Feb-12

4

Feb-10

6

%

-33%

Change

-2

Feb-10 vs. Feb-12: The number of New properties is down 33%New Properties by Month


Feb-10 vs. Feb-12

William Cobb




Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


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11/21

New Properties by MonthFeb-10 vs. Feb-12: The number of New properties is down 33%


Time Period # Properties Median PriceFeb-12 572,0004

Jan-12 634,2504

Dec-11 609,9003

Nov-11 930,0001

Oct-11 512,5001

Sep-11 760,0002

Aug-11 790,0005

Jul-11 922,5002Jun-11 990,0005

May-11 749,5006

Apr-11 889,0003

Mar-11 570,0004

Feb-11 615,0005

Jan-11 725,0005

Dec-10 550,0003

Nov-10 980,0003Oct-10 825,0005

Sep-10 510,0001

Aug-10 712,0005

Jul-10 550,0003

Jun-10 950,0003

May-10 674,4508

Apr-10 989,7506

Mar-10 694,9504Feb-10 916,5006


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Feb-12

28

Feb-10

32

%

-12%

Change

-4

Feb-10 vs. Feb-12: The number of For Sale properties is down 12%For Sale Properties by Month


Feb-10 vs. Feb-12

William Cobb




Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


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For Sale Properties by MonthFeb-10 vs. Feb-12: The number of For Sale properties is down 12%


Time Period # Properties Median Price Average DOMFeb-12 792,50028 201

Jan-12 832,00024 205

Dec-11 869,00021 216

Nov-11 889,00021 246

Oct-11 796,00024 213

Sep-11 797,50028 191

Aug-11 797,50030 203

Jul-11 798,00030 200Jun-11 797,00031 177

May-11 790,00029 171

Apr-11 785,00026 188

Mar-11 698,00029 169

Feb-11 752,50032 156

Jan-11 799,00029 184

Dec-10 799,00027 182

Nov-10 862,45028 177Oct-10 835,00031 170

Sep-10 769,50034 192

Aug-10 790,00037 173

Jul-10 799,00035 171

Jun-10 825,00035 163

May-10 812,50034 143

Apr-10 875,00029 153

Mar-10 835,00031 173Feb-10 852,45032 168


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Feb-12

2

Feb-10

3

%

-33%

Change

-1

Feb-10 vs. Feb-12: The number of Expired properties is down 33%Expired Properties by Month


Feb-10 vs. Feb-12

William Cobb



Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


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Expired Properties by MonthFeb-10 vs. Feb-12: The number of Expired properties is down 33%


Time Period Median Price# Properties Average DOMFeb-12 1,394,5002 524

Jan-12 0

Dec-11 615,0001 302

Nov-11 550,0001 352

Oct-11 746,0004 133

Sep-11 698,0003 300

Aug-11 712,0001 364

Jul-11 780,0003 217Jun-11 677,4502 163

May-11 762,0002 142

Apr-11 529,5002 316

Mar-11 510,0001 182

Feb-11 724,5002 161

Jan-11 1,195,0002 512

Dec-10 549,7502 150

Nov-10 799,9993 184Oct-10 985,0003 284

Sep-10 532,4008 259

Aug-10 875,0003 216

Jul-10 1,875,0001 366

Jun-10 877,0002 255

May-10 998,0001 111

Apr-10 875,0003 170

Mar-10 897,0003 260Feb-10 930,0003 174


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Feb-10 vs. Feb-12: The number of for sale properties is down 12% and the number of sold properties is down 100%


Feb-10 vs. Feb-12

32 -12%

William Cobb

28

Feb-12

Supply & Demand by Month

ChangeFeb-10 %

-4

Feb-10 Feb-12 %

2 -100%

Feb-10 vs. Feb-12

0

Change

-2



Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


16 of 21

Willi C bb A t V l ti G


17/21

Supply & Demand by MonthFeb-10 vs. Feb-12: The number of for sale properties is down 12% and the number of sold properties is down 100%

William Cobb Accurate Valuations Group

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

Feb-12 20128 0

Jan-12 20524 0

Dec-11 21621 0

Nov-11 24621 0

Oct-11 213 424 1

Sep-11 191 19328 3

Aug-11 203 3030 3

Jul-11 20030 0

Jun-11 177 131 1

May-11 171 12329 4

Apr-11 188 5226 4

Mar-11 169 14929 2

Feb-11 156 15432 2

Jan-11 184 97829 1

Dec-10 182 16627 2

Nov-10 177 6628 2

Oct-10 17031 0

Sep-10 192 12634 2

Aug-10 17337 0

Jul-10 171 31835 2

Jun-10 163 135 1

May-10 143 11534 1

Apr-10 153 12429 4

Mar-10 173 22331 3

Feb-10 168 6232 2


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Feb-12

24

Feb-10

144

%

-84%

Change

-120

Feb-10 vs. Feb-12: The average days on market is down 84%The Average Days on Market by Month


Feb-10 vs. Feb-12

William Cobb



Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


18 of 21



19/21

The Average Days on Market by MonthFeb-10 vs. Feb-12: The average days on market is down 84%


Time Period # UC UnitsAverage DOM

Feb-12 324

Jan-12 0

Dec-11 0

Nov-11 2432

Oct-11 0

Sep-11 214

Aug-11 3367

Jul-11 231

Jun-11 128

May-11 11

Apr-11 1121

Mar-11 5109

Feb-11 5113

Jan-11 0

Dec-10 178

Nov-10 1269

Oct-10 366

Sep-10 0

Aug-10 1109

Jul-10 2126

Jun-10 1209

May-10 11

Apr-10 0

Mar-10 5181

Feb-10 2144

Clarus MarketMetrics2 of 2 03/04/2012


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20/21

Feb-10 vs. Feb-12: The average months supply of inventory is down 43%


Feb-10 vs. Feb-12

13.5 -43%

William Cobb

7.7

Feb-12

Months Supply of Inventory

ChangeFeb-10 %

-5.8




Sq Ft:

EBR MLS AREA 52


Period: All All

Property Types:

MLS Area:

All


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Months Supply of InventoryFeb-10 vs. Feb-12: The average months supply of inventory is down 43%


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

Feb-12 3 2423 7.7

Jan-12 024

Dec-11 020

Nov-11 2 43218 9.0

Oct-11 020

Sep-11 2 1423 11.5

Aug-11 3 36726 8.7

Jul-11 2 3125 12.5

Jun-11 1 2828 28.0

May-11 1 126 26.0

Apr-11 1 12123 23.0

Mar-11 5 10923 4.6

Feb-11 5 11325 5.0

Jan-11 027

Dec-10 1 7824 24.0

Nov-10 1 26924 24.0

Oct-10 3 6625 8.3

Sep-10 026

Aug-10 1 10933 33.0

Jul-10 2 12632 16.0

Jun-10 1 20932 32.0

May-10 1 132 32.0

Apr-10 026

Mar-10 5 18123 4.6

Feb-10 2 14427 13.5



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baton rouge area 52 two year study existing home sales over $500,000 as of march 2012 for homes over...

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