jefferson terrace subdivision baton rouge home sales report august 2013 vs august 2014

JEFFERSON

TERRACE

BATON ROUGE

HOME SALES

AUGUST 2013

VS AUGUST

2014

Based on information from

Greater Baton Rouge

Association of REALTORS®\MLS

for period 08/01/2014 to

08/31/2014, extracted on

09/14/2014.

Aug-2014166,000

Aug-2013217,000

%-24

Change-51,000

Aug-2013 vs Aug-2014: The median sold price is down -24%Median Sold Price by Month

Accurate Valuations Group

Aug-2013 vs. Aug-2014

William Cobb

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Jefferson Terrace SubdPrice:

Median Sold Price by MonthAug-2013 vs Aug-2014: The median sold price is down -24%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Aug-14 166,000 7 78

Jul-14 209,475 6 76

Jun-14 159,000 2 28

May-14 180,000 2 28

Apr-14 234,000 2 77

Mar-14 149,000 3 71

Feb-14 174,000 1 37

Jan-14 0Dec-13 185,000 3 151

Nov-13 203,500 1 43

Oct-13 305,190 2 77

Sep-13 204,000 5 80

Aug-13 217,000 2 30

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Aug-2013 vs Aug-2014: The median price of for sale properties is down -14% and the median price of sold properties is down -24%

Accurate Valuations Group

Aug-2013 vs. Aug-2014

219,900 -14

William Cobb

189,900Aug-2014

Median For Sale vs Median Sold

ChangeAug-2013 %-30,000

Aug-2013 Aug-2014 %217,000 -24

Aug-2013 vs. Aug-2014

166,000Change-51,000

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Jefferson Terrace SubdPrice:

Median For Sale vs Median SoldAug-2013 vs Aug-2014: The median price of for sale properties is down -14% and the median price of sold properties is down -24%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Aug-14 7 7189,900 166,000 -23,900Jul-14 10 6194,950 209,475 14,525Jun-14 11 2193,700 159,000 -34,700May-14 14 2191,800 180,000 -11,800Apr-14 11 2193,700 234,000 40,300Mar-14 10 3181,750 149,000 -32,750Feb-14 14 1179,200 174,000 -5,200Jan-14 13 0179,900 -179,900Dec-13 11 3219,900 185,000 -34,900Nov-13 11 1219,900 203,500 -16,400Oct-13 8 2222,500 305,190 82,690Sep-13 10 5222,500 204,000 -18,500Aug-13 15 2219,900 217,000 -2,900

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

09/14/201422/

Aug-20147

Aug-20132

%250

Change5

Aug-2013 vs Aug-2014: The number of Sold properties is up 250%Sold Properties by Month

Accurate Valuations Group

Aug-2013 vs. Aug-2014

William Cobb

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Jefferson Terrace SubdPrice:

Sold Properties by MonthAug-2013 vs Aug-2014: The number of Sold properties is up 250%

Accurate Valuations GroupWilliam Cobb

Time Period Units Median Price Avg DOM

Aug-14 166,0007 78Jul-14 209,4756 76Jun-14 159,0002 28May-14 180,0002 28Apr-14 234,0002 77Mar-14 149,0003 71Feb-14 174,0001 37Jan-14 0Dec-13 185,0003 151Nov-13 203,5001 43Oct-13 305,1902 77Sep-13 204,0005 80Aug-13 217,0002 30

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Aug-20142

Aug-20135

%-60

Change-3

Aug-2013 vs Aug-2014: The number of Under Contract properties is down -60%Under Contract Properties by Month

Accurate Valuations Group

Aug-2013 vs. Aug-2014

William Cobb

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

Jefferson Terrace Subd

Period: 1 Year MonthlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Under Contract Properties by MonthAug-2013 vs Aug-2014: The number of Under Contract properties is down -60%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime PeriodAug-14 201,2502 8Jul-14 200,0005 76Jun-14 204,8504 110May-14 164,9504 17Apr-14 179,9502 85Mar-14 199,2004 92Feb-14 149,9003 29Jan-14 0Dec-13 0Nov-13 202,5002 224Oct-13 319,9502 48Sep-13 202,9502 53Aug-13 209,0005 61

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Aug-20143

Aug-20134

%-25

Change-1

Aug-2013 vs Aug-2014: The number of New properties is down -25%New Properties by Month

Accurate Valuations Group

Aug-2013 vs. Aug-2014

William Cobb

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Jefferson Terrace SubdPrice:

New Properties by MonthAug-2013 vs Aug-2014: The number of New properties is down -25%

Accurate Valuations GroupWilliam Cobb

Units Median PriceTime PeriodAug-14 179,9003Jul-14 268,5003Jun-14 169,9001May-14 194,9506Apr-14 199,9005Mar-14 258,0001Feb-14 185,0005Jan-14 165,9003Dec-13 259,9003Nov-13 185,0005Oct-13 181,7502Sep-13 245,9001Aug-13 207,9504

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Aug-20147

Aug-201315

%-53

Change-8

Aug-2013 vs Aug-2014: The number of For Sale properties is down -53%For Sale Properties by Month

Accurate Valuations Group

Aug-2013 vs. Aug-2014

William Cobb

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Jefferson Terrace SubdPrice:

For Sale Properties by MonthAug-2013 vs Aug-2014: The number of For Sale properties is down -53%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime Period

Aug-14 189,9007 34Jul-14 194,95010 68Jun-14 193,70011 89May-14 191,80014 55Apr-14 193,70011 56Mar-14 181,75010 74Feb-14 179,20014 63Jan-14 179,90013 71Dec-13 219,90011 62Nov-13 219,90011 93Oct-13 222,5008 118Sep-13 222,50010 124Aug-13 219,90015 89

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Aug-20141

Aug-20131

%0

Change0

Aug-2013 vs Aug-2014: The number of Expired properties has not changedExpired Properties by Month

Accurate Valuations Group

Aug-2013 vs. Aug-2014

William Cobb

09/14/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Jefferson Terrace SubdPrice:

Expired Properties by MonthAug-2013 vs Aug-2014: The number of Expired properties has not changed

Accurate Valuations GroupWilliam Cobb

Avg DOMUnits Median PriceAug-14 165,9001 14Jul-14 165,9001 182Jun-14 0May-14 0Apr-14 299,0001 5Mar-14 0Feb-14 232,9002 160Jan-14 232,2504 79Dec-13 185,0001 27Nov-13 225,0001 185Oct-13 0Sep-13 207,1572 182Aug-13 173,5001 45

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Aug-2013 vs Aug-2014: The number of for sale properties is down -53% and the number of sold properties is up 250%

Accurate Valuations Group

Aug-2013 vs. Aug-2014

15 -53

William Cobb

7Aug-2014

Supply & Demand by Month

ChangeAug-2013 %-8

Aug-2013 Aug-2014 %2 250

Aug-2013 vs. Aug-2014

7Change

5

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Jefferson Terrace SubdPrice:

Supply & Demand by MonthAug-2013 vs Aug-2014: The number of for sale properties is down -53% and the number of sold properties is up 250%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Aug-14 34 787 7Jul-14 68 7610 6Jun-14 89 2811 2May-14 55 2814 2Apr-14 56 7711 2Mar-14 74 7110 3Feb-14 63 3714 1Jan-14 7113 0Dec-13 62 15111 3Nov-13 93 4311 1Oct-13 118 778 2Sep-13 124 8010 5Aug-13 89 3015 2

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Aug-20148

Aug-201361

%-87

Change-53

Aug-2013 vs Aug-2014: The average days on market is down -87%The Average Days on Market by Month

Accurate Valuations Group

Aug-2013 vs. Aug-2014

William Cobb

Jefferson Terrace SubdAll 1 Year Monthly

Subdivision:Period:Price:

Property Types: : Residential

09/14/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

The Average Days on Market by MonthAug-2013 vs Aug-2014: The average days on market is down -87%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodAug-14 28Jul-14 576Jun-14 4110May-14 417Apr-14 285Mar-14 492Feb-14 329Jan-14 0Dec-13 0Nov-13 2224Oct-13 248Sep-13 253Aug-13 561

Clarus MarketMetrics® 2/2 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Aug-2013 vs Aug-2014: The average months supply of inventory is up 11%

Accurate Valuations Group

Aug-2013 vs. Aug-2014

1.8 11

William Cobb

2Aug-2014

Months Supply of Inventory

ChangeAug-2013 %0.2

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Jefferson Terrace SubdPrice:

Months Supply of InventoryAug-2013 vs Aug-2014: The average months supply of inventory is up 11%

William Cobb Accurate Valuations Group

During MonthLast Day of Month MSI# Units For Sale # UC Units

UC Avg DOMTime Period

Aug-14 2 84 2.0Jul-14 5 764 0.8Jun-14 4 1107 1.8May-14 4 1710 2.5Apr-14 2 858 4.0Mar-14 4 926 1.5Feb-14 3 299 3.0Jan-14 09Dec-13 010Nov-13 2 2248 4.0Oct-13 2 486 3.0Sep-13 2 536 3.0Aug-13 5 619 1.8

Clarus MarketMetrics® 09/14/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/