gbrmls baton rouge home sales report for december 2010 versus december 2011

8/3/2019 GBRMLS Baton Rouge Home Sales Report for December 2010 Versus December 2011

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01/10/2012Clarus MarketMetrics®

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

Greater Baton Rouge Area, Baton Rouge, LA ALL

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21



Dec-11

174,082

Dec-10

175,000

%

-1%

Change

-918

Dec-10 vs. Dec-11: The median sold price is down 1%Median Sold Price by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics® 1 of 2 01/10/2012Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: All$60,000-$2,500,000

Sq Ft:

GBRAR

Residential: (Detached Single Family, Residential Attached, Preconstruction DSF, Preconstruction ASF)

Period: All All

Property Types:

All MLS:

All

Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

2 of 21



Median Sold Price by MonthDec-10 vs. Dec-11: The median sold price is down 1%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Dec-11 174,082 422 102

Nov-11 169,000 427 104

Oct-11 179,900 466 102

Sep-11 175,000 556 93

Aug-11 176,450 642 101

Jul-11 177,250 548 91

Jun-11 179,900 631 104

May-11 173,000 541 115

Apr-11 172,250 460 119

Mar-11 176,000 509 106

Feb-11 169,900 378 105

Jan-11 174,000 335 106

Dec-10 175,000 423 101

Clarus MarketMetrics® 2 of 2 01/10/2012


3 of 21



Dec-10 vs. Dec-11: The median price of for sale properties is down 2% and the median price of sold properties is down 1%


Dec-10 vs. Dec-11

179,500 -2%

William Cobb

176,000

Dec-11

Median For Sale vs. Median Sold

ChangeDec-10 %

-3,500

Dec-10 Dec-11 %

175,000 -1%

Dec-10 vs. Dec-11

174,082

Change

-918




Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


4 of 21



Median For Sale vs. Median SoldDec-10 vs. Dec-11: The median price of for sale properties is down 2% and the median price of sold properties is down 1%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Dec-11 4,826 422176,000 174,082 -1,918

Nov-11 5,091 427175,800 169,000 -6,800

Oct-11 5,306 466175,000 179,900 4,900

Sep-11 5,322 556176,000 175,000 -1,000

Aug-11 5,561 642175,000 176,450 1,450

Jul-11 5,642 548178,900 177,250 -1,650

Jun-11 5,691 631179,275 179,900 625

May-11 5,681 541179,900 173,000 -6,900

Apr-11 5,614 460179,625 172,250 -7,375

Mar-11 5,499 509179,000 176,000 -3,000

Feb-11 5,230 378179,900 169,900 -10,000

Jan-11 5,277 335179,900 174,000 -5,900

Dec-10 5,150 423179,500 175,000 -4,500

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

2 of 2 01/10/2012

5 of 21



Dec-11

422

Dec-10

423

%

-0%

Change

-1

Dec-10 vs. Dec-11: The number of Sold properties is down 0%Sold Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


6 of 21



Sold Properties by MonthDec-10 vs. Dec-11: The number of Sold properties is down 0%


Time Period # Properties Median Price Average DOMDec-11 174,082422 102

Nov-11 169,000427 104

Oct-11 179,900466 102

Sep-11 175,000556 93

Aug-11 176,450642 101

Jul-11 177,250548 91

Jun-11 179,900631 104

May-11 173,000541 115Apr-11 172,250460 119

Mar-11 176,000509 106

Feb-11 169,900378 105

Jan-11 174,000335 106

Dec-10 175,000423 101


7 of 21



Dec-11

433

Dec-10

306

%

+42%

Change

127

Dec-10 vs. Dec-11: The number of Under Contract properties is up 42%Under Contract Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


8 of 21



Under Contract Properties by MonthDec-10 vs. Dec-11: The number of Under Contract properties is up 42%


Time Period # Properties Median Price Average DOMDec-11 167,900433 117

Nov-11 169,900463 103

Oct-11 178,750488 100

Sep-11 176,900505 103

Aug-11 179,000629 106

Jul-11 177,750582 109

Jun-11 179,900609 103

May-11 178,950608 96Apr-11 180,950560 119

Mar-11 179,900554 109

Feb-11 178,000455 109

Jan-11 169,900429 111

Dec-10 179,950306 103


9 of 21



Dec-11

570

Dec-10

638

%

-11%

Change

-68

Dec-10 vs. Dec-11: The number of New properties is down 11%New Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


10 of 21



New Properties by MonthDec-10 vs. Dec-11: The number of New properties is down 11%


Time Period # Properties Median PriceDec-11 172,500570

Nov-11 179,900699

Oct-11 169,000951

Sep-11 179,000889

Aug-11 169,200967

Jul-11 170,0001,014

Jun-11 175,9001,014

May-11 179,9001,026Apr-11 179,9001,052

Mar-11 175,0001,097

Feb-11 177,650852

Jan-11 179,5001,067

Dec-10 160,650638


11 of 21



Dec-11

4,826

Dec-10

5,150

%

-6%

Change

-324

Dec-10 vs. Dec-11: The number of For Sale properties is down 6%For Sale Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


12 of 21



For Sale Properties by MonthDec-10 vs. Dec-11: The number of For Sale properties is down 6%


Time Period # Properties Median Price Average DOMDec-11 176,0004,826 173

Nov-11 175,8005,091 161

Oct-11 175,0005,306 154

Sep-11 176,0005,322 152

Aug-11 175,0005,561 150

Jul-11 178,9005,642 149

Jun-11 179,2755,691 147

May-11 179,9005,681 145Apr-11 179,6255,614 146

Mar-11 179,0005,499 148

Feb-11 179,9005,230 150

Jan-11 179,9005,277 151

Dec-10 179,5005,150 159


13 of 21



Dec-11

485

Dec-10

634

%

-24%

Change

-149

Dec-10 vs. Dec-11: The number of Expired properties is down 24%Expired Properties by Month


Dec-10 vs. Dec-11

William Cobb



Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


14 of 21



Expired Properties by MonthDec-10 vs. Dec-11: The number of Expired properties is down 24%


Time Period Median Price# Properties Average DOMDec-11 169,500485 232

Nov-11 174,000372 181

Oct-11 172,950426 182

Sep-11 169,700462 165

Aug-11 170,000499 190

Jul-11 176,450466 184

Jun-11 168,800454 186

May-11 180,000396 178Apr-11 171,000399 184

Mar-11 169,900383 200

Feb-11 183,100373 177

Jan-11 179,950470 191

Dec-10 174,900634 201


15 of 21



Dec-10 vs. Dec-11: The number of for sale properties is down 6% and the number of sold properties is down 0%


Dec-10 vs. Dec-11

5,150 -6%

William Cobb

4,826

Dec-11

Supply & Demand by Month

ChangeDec-10 %

-324

Dec-10 Dec-11 %

423 -0%

Dec-10 vs. Dec-11

422

Change

-1



Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


16 of 21

Willi C bb A t V l ti G



Supply & Demand by MonthDec-10 vs. Dec-11: The number of for sale properties is down 6% and the number of sold properties is down 0%

William Cobb Accurate Valuations Group

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

Dec-11 173 1024,826 422

Nov-11 161 1045,091 427

Oct-11 154 1025,306 466

Sep-11 152 935,322 556

Aug-11 150 1015,561 642

Jul-11 149 915,642 548

Jun-11 147 1045,691 631

May-11 145 1155,681 541

Apr-11 146 1195,614 460

Mar-11 148 1065,499 509

Feb-11 150 1055,230 378

Jan-11 151 1065,277 335

Dec-10 159 1015,150 423


17 of 21




Dec-11

117

Dec-10

103

%

+13%

Change

13

Dec-10 vs. Dec-11: The average days on market is up 13%The Average Days on Market by Month


Dec-10 vs. Dec-11

William Cobb



Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


18 of 21




The Average Days on Market by MonthDec-10 vs. Dec-11: The average days on market is up 13%


Time Period # UC UnitsAverage DOM

Dec-11 433117

Nov-11 463103

Oct-11 488100

Sep-11 505103

Aug-11 629106

Jul-11 582109

Jun-11 609103

May-11 60896

Apr-11 560119

Mar-11 554109

Feb-11 455109

Jan-11 429111

Dec-10 306103



19 of 21




Dec-10 vs. Dec-11: The average months supply of inventory is down 34%


Dec-10 vs. Dec-11

13.8 -34%

William Cobb

9.0

Dec-11

Months Supply of Inventory

ChangeDec-10 %

-4.7




Sq Ft:

GBRAR


Period: All All

Property Types:

All MLS:

All


20 of 21




Months Supply of InventoryDec-10 vs. Dec-11: The average months supply of inventory is down 34%


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

Dec-11 433 1173,908 9.0

Nov-11 463 1034,256 9.2

Oct-11 488 1004,392 9.0

Sep-11 505 1034,355 8.6

Aug-11 629 1064,433 7.0

Jul-11 582 1094,594 7.9

Jun-11 609 1034,628 7.6

May-11 608 964,677 7.7

Apr-11 560 1194,655 8.3

Mar-11 554 1094,562 8.2

Feb-11 455 1094,402 9.7

Jan-11 429 1114,378 10.2

Dec-10 306 1034,210 13.8



21 of 21



NOTE: Based on informationfrom the Greater Baton Rouge

Association of REALTORS®\MLS

for the period of 01/09/2011 to01/09/2012. This information

was extracted on 01/10/2012.The reason 01/09 in the month



was chosen is because it takestime for home closings just

before 12/31/2011 to be

recorded at the Courthousesand reported by GBRMLS.

gbrmls baton rouge home sales report for december 2010 versus december 2011

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