baton rouge broadmoor subdivision 2011 comprehensive housing report

8/3/2019 Baton Rouge Broadmoor Subdivision 2011 Comprehensive Housing Report

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01/16/2012Clarus MarketMetrics

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

Broadmoor Subdivisions, Baton Rouge, LA 70815

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21


2/21

Dec-11

152,000

Dec-10

165,000

%

-8%

Change

-13,000

Dec-10 vs. Dec-11: The median sold price is down 8%Median Sold Price by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics 1 of 2 01/16/2012


AllBathrooms:MLS: AllAll

Sq Ft:

Broadmoor East, Broadmoor Estates, Broadmoor Forest, Broadmoor North, Broadmoor Oaks, Broadmoor Orleans Twn, Broadmoor Place, Broadmoor South, Broadmoor Subd, Broadmoor

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

2 of 21


3/21

Median Sold Price by MonthDec-10 vs. Dec-11: The median sold price is down 8%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Dec-11 152,000 4 38

Nov-11 152,500 6 119

Oct-11 151,000 3 64

Sep-11 135,835 4 92

Aug-11 155,000 7 110

Jul-11 148,900 3 78

Jun-11 161,000 4 117

May-11 145,000 7 110Apr-11 169,850 4 86

Mar-11 134,750 8 100

Feb-11 176,000 2 89

Jan-11 140,000 5 81

Dec-10 165,000 1 101



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4/21

Dec-10 vs. Dec-11: The median price of for sale properties is up 8% and the median price of sold properties is down 8%


Dec-10 vs. Dec-11

165,000 +8%

William Cobb

178,900

Dec-11

Median For Sale vs. Median Sold

ChangeDec-10 %

13,900

Dec-10 Dec-11 %

165,000 -8%

Dec-10 vs. Dec-11

152,000

Change

-13,000




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


4 of 21


5/21

Median For Sale vs. Median SoldDec-10 vs. Dec-11: The median price of for sale properties is up 8% and the median price of sold properties is down 8%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Dec-11 41 4178,900 152,000 -26,900

Nov-11 44 6174,450 152,500 -21,950

Oct-11 48 3168,366 151,000 -17,365

Sep-11 57 4169,731 135,835 -33,896

Aug-11 63 7170,000 155,000 -15,000

Jul-11 65 3169,900 148,900 -21,000

Jun-11 61 4179,000 161,000 -18,000

May-11 61 7179,000 145,000 -34,000

Apr-11 56 4176,950 169,850 -7,100

Mar-11 53 8167,500 134,750 -32,750

Feb-11 52 2184,000 176,000 -8,000

Jan-11 49 5179,000 140,000 -39,000

Dec-10 49 1165,000 165,000 0

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

2 of 2 01/16/2012

5 of 21


6/21

Dec-11

4

Dec-10

1

%

+300%

Change

3

Dec-10 vs. Dec-11: The number of Sold properties is up 300%Sold Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


6 of 21


7/21

Sold Properties by MonthDec-10 vs. Dec-11: The number of Sold properties is up 300%


Time Period # Properties Median Price Average DOM

Dec-11 152,0004 38

Nov-11 152,5006 119

Oct-11 151,0003 64

Sep-11 135,8354 92

Aug-11 155,0007 110

Jul-11 148,9003 78

Jun-11 161,0004 117

May-11 145,0007 110Apr-11 169,8504 86

Mar-11 134,7508 100

Feb-11 176,0002 89

Jan-11 140,0005 81

Dec-10 165,0001 101

Clarus MarketMetrics 2 of 2 01/16/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

7 of 21


8/21

Dec-11

4

Dec-10

4

%

0%

Change

0

Dec-10 vs. Dec-11: The number of Under Contract properties has not changedUnder Contract Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


8 of 21


9/21

Under Contract Properties by MonthDec-10 vs. Dec-11: The number of Under Contract properties has not changed


Time Period # Properties Median Price Average DOMDec-11 179,3504 58

Nov-11 147,9003 53

Oct-11 169,9506 125

Sep-11 132,2006 204

Aug-11 172,0006 129

Jul-11 164,9005 94

Jun-11 177,4004 62

May-11 179,0005 152Apr-11 147,9506 119

Mar-11 162,0006 98

Feb-11 145,0005 60

Jan-11 156,4004 93

Dec-10 148,0004 76


9 of 21


10/21

Dec-11

3

Dec-10

8

%

-62%

Change

-5

Dec-10 vs. Dec-11: The number of New properties is down 62%New Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


10 of 21


11/21

New Properties by MonthDec-10 vs. Dec-11: The number of New properties is down 62%


Time Period # Properties Median PriceDec-11 165,0003

Nov-11 197,0008

Oct-11 145,0007

Sep-11 174,8508

Aug-11 175,0009

Jul-11 166,00012

Jun-11 165,5009

May-11 158,00015Apr-11 189,90011

Mar-11 153,45012

Feb-11 197,00012

Jan-11 197,97611

Dec-10 162,2008


11 of 21


12/21

Dec-11

41

Dec-10

49

%

-16%

Change

-8

Dec-10 vs. Dec-11: The number of For Sale properties is down 16%For Sale Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


12 of 21


13/21

For Sale Properties by MonthDec-10 vs. Dec-11: The number of For Sale properties is down 16%


Time Period # Properties Median Price Average DOMDec-11 178,90041 145

Nov-11 174,45044 122

Oct-11 168,36648 124

Sep-11 169,73157 132

Aug-11 170,00063 132

Jul-11 169,90065 123

Jun-11 179,00061 121

May-11 179,00061 114Apr-11 176,95056 119

Mar-11 167,50053 117

Feb-11 184,00052 123

Jan-11 179,00049 131

Dec-10 165,00049 147


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14/21

Dec-11

2

Dec-10

7

%

-71%

Change

-5

Dec-10 vs. Dec-11: The number of Expired properties is down 71%Expired Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


14 of 21


15/21

Expired Properties by MonthDec-10 vs. Dec-11: The number of Expired properties is down 71%


Time Period Median Price# Properties Average DOMDec-11 280,0002 243

Nov-11 189,9003 140

Oct-11 164,7006 161

Sep-11 173,00010 155

Aug-11 192,4508 171

Jul-11 187,4506 130

Jun-11 179,9884 210

May-11 174,9004 130Apr-11 186,4504 112

Mar-11 154,0002 156

Feb-11 217,0006 212

Jan-11 190,0005 169

Dec-10 195,0007 242


15 of 21


16/21

Dec-10 vs. Dec-11: The number of for sale properties is down 16% and the number of sold properties is up 300%


Dec-10 vs. Dec-11

49 -16%

William Cobb

41

Dec-11

Supply & Demand by Month

ChangeDec-10 %

-8

Dec-10 Dec-11 %

1 +300%

Dec-10 vs. Dec-11

4

Change

3



Sq Ft:



Period: All All

Property Types:

Subdivision:

All


16 of 21

Willi C bb A t V l ti G


17/21

Supply & Demand by MonthDec-10 vs. Dec-11: The number of for sale properties is down 16% and the number of sold properties is up 300%

William Cobb Accurate Valuations Group

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

Dec-11 145 3841 4

Nov-11 122 11944 6

Oct-11 124 6448 3

Sep-11 132 9257 4

Aug-11 132 11063 7

Jul-11 123 7865 3

Jun-11 121 11761 4

May-11 114 11061 7

Apr-11 119 8656 4

Mar-11 117 10053 8

Feb-11 123 8952 2

Jan-11 131 8149 5

Dec-10 147 10149 1


17 of 21



18/21

Dec-11

58

Dec-10

76

%

-24%

Change

-18

Dec-10 vs. Dec-11: The average days on market is down 24%The Average Days on Market by Month


Dec-10 vs. Dec-11

William Cobb



Sq Ft:



Period: All All

Property Types:

Subdivision:

All


18 of 21



19/21

The Average Days on Market by MonthDec-10 vs. Dec-11: The average days on market is down 24%


Time Period # UC UnitsAverage DOM

Dec-11 458

Nov-11 353

Oct-11 6125

Sep-11 6204

Aug-11 6129

Jul-11 594

Jun-11 462

May-11 5152

Apr-11 6119

Mar-11 698

Feb-11 560

Jan-11 493

Dec-10 476


19 of 21



20/21

Dec-10 vs. Dec-11: The average months supply of inventory is down 8%


Dec-10 vs. Dec-11

9.5 -8%

William Cobb

8.8

Dec-11

Months Supply of Inventory

ChangeDec-10 %

-0.8




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


20 of 21



21/21

Months Supply of InventoryDec-10 vs. Dec-11: The average months supply of inventory is down 8%


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

Dec-11 4 5835 8.8

Nov-11 3 5338 12.7

Oct-11 6 12536 6.0

Sep-11 6 20441 6.8

Aug-11 6 12949 8.2

Jul-11 5 9454 10.8

Jun-11 4 6253 13.2

May-11 5 15252 10.4

Apr-11 6 11946 7.7

Mar-11 6 9845 7.5

Feb-11 5 6041 8.2

Jan-11 4 9340 10.0

Dec-10 4 7638 9.5



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baton rouge broadmoor subdivision 2011 comprehensive housing report

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