baton rouge area 53 two year study existing home sales over $500,000 as of march 2012 for homes over...

8/2/2019 Baton Rouge Area 53 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

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2/21

Feb-12

607,500

Feb-10

547,900

%

+11%

Change

59,600

Feb-10 vs. Feb-12: The median sold price is up 11%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 53

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 up 11%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Feb-12 607,500 6 10

Jan-12 639,500 4 94

Dec-11 550,000 3 100

Nov-11 625,500 1 13

Oct-11 600,000 3 89

Sep-11 550,000 3 72

Aug-11 599,500 8 303

Jul-11 533,000 5 111

Jun-11 605,000 6 91

May-11 700,000 5 319

Apr-11 685,000 9 310

Mar-11 630,000 6 80

Feb-11 540,000 3 120

Jan-11 571,000 2 100

Dec-10 625,000 5 109

Nov-10 572,500 6 57

Oct-10 592,500 4 128

Sep-10 593,500 2 33

Aug-10 647,000 5 53

Jul-10 535,000 6 199

Jun-10 612,500 6 73

May-10 670,000 10 102

Apr-10 523,750 2 202

Mar-10 709,000 5 57

Feb-10 547,900 3 99

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 up 5% and the median price of sold properties is up 11%


Feb-10 vs. Feb-12

707,326 +5%

William Cobb

744,000

Feb-12

Median For Sale vs. Median Sold

ChangeFeb-10 %

36,674

Feb-10 Feb-12 %

547,900 +11%

Feb-10 vs. Feb-12

607,500

Change

59,600




Sq Ft:

EBR MLS AREA 53


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 up 5% and the median price of sold properties is up 11%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Feb-12 66 6744,000 607,500 -136,500

Jan-12 66 4749,950 639,500 -110,450

Dec-11 64 3749,950 550,000 -199,950

Nov-11 73 1749,000 625,500 -123,500

Oct-11 74 3732,284 600,000 -132,283

Sep-11 74 3739,950 550,000 -189,950

Aug-11 69 8730,000 599,500 -130,500

Jul-11 74 5754,450 533,000 -221,450

Jun-11 79 6699,900 605,000 -94,900

May-11 71 5699,900 700,000 100

Apr-11 66 9699,000 685,000 -14,000

Mar-11 66 6707,000 630,000 -77,000

Feb-11 65 3699,000 540,000 -159,000

Jan-11 69 2699,000 571,000 -128,000

Dec-10 63 5699,000 625,000 -74,000

Nov-10 67 6699,000 572,500 -126,500

Oct-10 78 4696,450 592,500 -103,950

Sep-10 80 2647,000 593,500 -53,500

Aug-10 82 5650,000 647,000 -3,000

Jul-10 81 6675,000 535,000 -140,000

Jun-10 74 6698,450 612,500 -85,950

May-10 67 10689,000 670,000 -19,000

Apr-10 62 2650,000 523,750 -126,250

Mar-10 55 5699,000 709,000 10,000

Feb-10 52 3707,326 547,900 -159,426

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

2 of 2 03/04/2012

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6/21

Feb-12

6

Feb-10

3

%

+100%

Change

3

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


Feb-10 vs. Feb-12

William Cobb




Sq Ft:

EBR MLS AREA 53


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 up 100%


Time Period # Properties Median Price Average DOMFeb-12 607,5006 10

Jan-12 639,5004 94

Dec-11 550,0003 100

Nov-11 625,5001 13

Oct-11 600,0003 89

Sep-11 550,0003 72

Aug-11 599,5008 303

Jul-11 533,0005 111Jun-11 605,0006 91

May-11 700,0005 319

Apr-11 685,0009 310

Mar-11 630,0006 80

Feb-11 540,0003 120

Jan-11 571,0002 100

Dec-10 625,0005 109

Nov-10 572,5006 57Oct-10 592,5004 128

Sep-10 593,5002 33

Aug-10 647,0005 53

Jul-10 535,0006 199

Jun-10 612,5006 73

May-10 670,00010 102

Apr-10 523,7502 202

Mar-10 709,0005 57Feb-10 547,9003 99


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Feb-12

3

Feb-10

6

%

-50%

Change

-3

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


Feb-10 vs. Feb-12

William Cobb




Sq Ft:

EBR MLS AREA 53


Period: All All

Property Types:

MLS Area:

All


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9/21

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



Jan-12 629,0005 5

Dec-11 775,0003 153

Nov-11 595,0004 56

Oct-11 592,0002 12

Sep-11 592,5004 77

Aug-11 679,4502 114

Jul-11 619,0009 283Jun-11 550,0003 52

May-11 589,0005 87

Apr-11 747,5006 255

Mar-11 589,9007 209

Feb-11 754,45010 143

Jan-11 699,0005 180

Dec-10 588,7502 100

Nov-10 555,0003 135Oct-10 627,5008 54

Sep-10 539,0003 64

Aug-10 647,5006 106

Jul-10 589,0006 172

Jun-10 592,0002 24

May-10 637,5006 108

Apr-10 642,0008 106

Mar-10 799,9005 124Feb-10 664,5006 72


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10/21

Feb-12

9

Feb-10

4

%

+125%

Change

5

Feb-10 vs. Feb-12: The number of New properties is up 125%New Properties by Month


Feb-10 vs. Feb-12

William Cobb




Sq Ft:

EBR MLS AREA 53


Period: All All

Property Types:

MLS Area:

All


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New Properties by MonthFeb-10 vs. Feb-12: The number of New properties is up 125%


Time Period # Properties Median PriceFeb-12 675,0009

Jan-12 687,00012

Dec-11 725,0001

Nov-11 684,0006

Oct-11 679,0009

Sep-11 749,90015

Aug-11 730,0009

Jul-11 775,0005Jun-11 624,90013

May-11 699,90013

Apr-11 645,00010

Mar-11 837,00012

Feb-11 674,5008

Jan-11 719,95012

Dec-10 741,5006

Nov-10 549,0003Oct-10 697,0006

Sep-10 549,95012

Aug-10 588,40012

Jul-10 630,00012

Jun-10 649,00016

May-10 835,00017

Apr-10 574,50016

Mar-10 657,50010Feb-10 674,5004


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Feb-12

66

Feb-10

52

%

+27%

Change

14

Feb-10 vs. Feb-12: The number of For Sale properties is up 27%For Sale Properties by Month


Feb-10 vs. Feb-12

William Cobb




Sq Ft:

EBR MLS AREA 53


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 up 27%



Jan-12 749,95066 232

Dec-11 749,95064 252

Nov-11 749,00073 213

Oct-11 732,28474 201

Sep-11 739,95074 189

Aug-11 730,00069 193

Jul-11 754,45074 201Jun-11 699,90079 192

May-11 699,90071 191

Apr-11 699,00066 209

Mar-11 707,00066 216

Feb-11 699,00065 218

Jan-11 699,00069 221

Dec-10 699,00063 234

Nov-10 699,00067 224Oct-10 696,45078 212

Sep-10 647,00080 189

Aug-10 650,00082 180

Jul-10 675,00081 180

Jun-10 698,45074 175

May-10 689,00067 179

Apr-10 650,00062 191

Mar-10 699,00055 220Feb-10 707,32652 215


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Feb-12

4

Feb-10

1

%

+300%

Change

3

Feb-10 vs. Feb-12: The number of Expired properties is up 300%Expired Properties by Month


Feb-10 vs. Feb-12

William Cobb



Sq Ft:

EBR MLS AREA 53


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 up 300%


Time Period Median Price# Properties Average DOMFeb-12 562,4504 166

Jan-12 762,4504 298

Dec-11 579,6007 303

Nov-11 837,0006 162

Oct-11 569,0005 271

Sep-11 749,9005 168

Aug-11 799,9008 136

Jul-11 799,0005 165Jun-11 609,9007 329

May-11 0

Apr-11 597,0002 308

Mar-11 774,9003 294

Feb-11 505,5001 187

Jan-11 699,7507 237

Dec-10 742,4504 274

Nov-10 835,0007 276Oct-10 707,4506 481

Sep-10 599,0005 121

Aug-10 594,4508 134

Jul-10 724,9005 191

Jun-10 1,150,0003 153

May-10 649,9003 141

Apr-10 647,5004 188

Mar-10 1,132,0004 322Feb-10 765,0001 96


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Feb-10 vs. Feb-12: The number of for sale properties is up 27% and the number of sold properties is up 100%


Feb-10 vs. Feb-12

52 +27%

William Cobb

66

Feb-12

Supply & Demand by Month

ChangeFeb-10 %

14

Feb-10 Feb-12 %

3 +100%

Feb-10 vs. Feb-12

6

Change

3



Sq Ft:

EBR MLS AREA 53


Period: All All

Property Types:

MLS Area:

All


16 of 21

Willi C bb A t V l ti G


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Supply & Demand by MonthFeb-10 vs. Feb-12: The number of for sale properties is up 27% and the number of sold properties is up 100%

William Cobb Accurate Valuations Group

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

Feb-12 238 1066 6

Jan-12 232 9466 4

Dec-11 252 10064 3

Nov-11 213 1373 1

Oct-11 201 8974 3

Sep-11 189 7274 3

Aug-11 193 30369 8

Jul-11 201 11174 5

Jun-11 192 9179 6

May-11 191 31971 5

Apr-11 209 31066 9

Mar-11 216 8066 6

Feb-11 218 12065 3

Jan-11 221 10069 2

Dec-10 234 10963 5

Nov-10 224 5767 6

Oct-10 212 12878 4

Sep-10 189 3380 2

Aug-10 180 5382 5

Jul-10 180 19981 6

Jun-10 175 7374 6

May-10 179 10267 10

Apr-10 191 20262 2

Mar-10 220 5755 5

Feb-10 215 9952 3


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Feb-12

299

Feb-10

72

%

+312%

Change

226

Feb-10 vs. Feb-12: The average days on market is up 312%The Average Days on Market by Month


Feb-10 vs. Feb-12

William Cobb



Sq Ft:

EBR MLS AREA 53


Period: All All

Property Types:

MLS Area:

All


18 of 21



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The Average Days on Market by MonthFeb-10 vs. Feb-12: The average days on market is up 312%


Time Period # UC UnitsAverage DOM

Feb-12 3299

Jan-12 55

Dec-11 3153

Nov-11 456

Oct-11 212

Sep-11 477

Aug-11 2114

Jul-11 9283

Jun-11 352

May-11 587

Apr-11 6255

Mar-11 7209

Feb-11 10143

Jan-11 5180

Dec-10 2100

Nov-10 3135

Oct-10 854

Sep-10 364

Aug-10 6106

Jul-10 6172

Jun-10 224

May-10 6108

Apr-10 8106

Mar-10 5124

Feb-10 672

Clarus MarketMetrics2 of 2 03/04/2012


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Feb-10 vs. Feb-12: The average months supply of inventory is up 162%


Feb-10 vs. Feb-12

7.5 +162%

William Cobb

19.7

Feb-12

Months Supply of Inventory

ChangeFeb-10 %

12.2




Sq Ft:

EBR MLS AREA 53


Period: All All

Property Types:

MLS Area:

All


20 of 21



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Months Supply of InventoryFeb-10 vs. Feb-12: The average months supply of inventory is up 162%


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

Feb-12 3 29959 19.7

Jan-12 5 557 11.4

Dec-11 3 15354 18.0

Nov-11 4 5663 15.8

Oct-11 2 1267 33.5

Sep-11 4 7765 16.2

Aug-11 2 11459 29.5

Jul-11 9 28360 6.7

Jun-11 3 5269 23.0

May-11 5 8766 13.2

Apr-11 6 25558 9.7

Mar-11 7 20956 8.0

Feb-11 10 14354 5.4

Jan-11 5 18057 11.4

Dec-10 2 10057 28.5

Nov-10 3 13557 19.0

Oct-10 8 5464 8.0

Sep-10 3 6472 24.0

Aug-10 6 10668 11.3

Jul-10 6 17270 11.7

Jun-10 2 2469 34.5

May-10 6 10858 9.7

Apr-10 8 10650 6.2

Mar-10 5 12446 9.2

Feb-10 6 7245 7.5



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baton rouge area 53 two year study existing home sales over $500,000 as of march 2012 for homes over...

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