baton rouge housing news for briar place subdivision 2009-2011 study 70817

8/3/2019 Baton Rouge Housing News for Briar Place Subdivision 2009-2011 Study 70817

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11/09/2011Clarus MarketMetrics

Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Briar Place Subdivision, Baton Rouge, LA 70817

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

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Q3 2011

0

Q3 2008

143,900

%

-100%

Change

-143,900

Q3 2008 vs. Q3 2011: The median sold price is down 100%Median Sold Price by Quarter

Accurate Valuations Group

Q3 2008 vs. Q3 2011

William Cobb

Clarus MarketMetrics 1 of 2 11/09/2011


AllBathrooms:MLS: AllAll

Sq Ft:

Briar Place

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

Construction Type:Price: Lot Size:Bedrooms:3 years (quarterly)GBRAR

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Median Sold Price by QuarterQ3 2008 vs. Q3 2011: The median sold price is down 100%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Q3 2011 0

Q2 2011 0

Q1 2011 0

Q4 2010 111,075 2 36

Q3 2010 0

Q2 2010 138,000 1 48

Q1 2010 150,000 1 35

Q4 2009 0Q3 2009 0

Q2 2009 159,900 1 55

Q1 2009 160,000 1 136

Q4 2008 176,000 1 61

Q3 2008 143,900 3 72



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Q3 08 vs. Q3 11: The median price of for sale properties is down 16% and the median price of sold properties is down 100%


Q3 2008 vs. Q3 2011

158,950 -16%

William Cobb

133,900

Q3 2011

Median For Sale vs. Median Sold

ChangeQ3 2008 %

-25,050

Q3 2008 Q3 2011 %

143,900 -100%

Q3 2008 vs. Q3 2011

0

Change

-143,900




Sq Ft:

Briar Place


Period: All All

Property Types:

Subdivision:

All


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Median For Sale vs. Median SoldQ3 08 vs. Q3 11: The median price of for sale properties is down 16% and the median price of sold properties is down 100%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Q3 2011 8 0133,900

Q2 2011 4 0170,850

Q1 2011 2 0156,950

Q4 2010 4 2128,450 111,075 -17,375

Q3 2010 4 0143,450

Q2 2010 4 1142,400 138,000 -4,400

Q1 2010 3 1155,000 150,000 -5,000

Q4 2009 2 0162,450

Q3 2009 2 0162,450

Q2 2009 5 1189,900 159,900 -30,000

Q1 2009 4 1184,450 160,000 -24,450

Q4 2008 4 1184,450 176,000 -8,450

Q3 2008 8 3158,950 143,900 -15,050

Clarus MarketMetricsInformation not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 11/09/2011

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7/19

Sold Properties by QuarterQ3 2008 vs. Q3 2011: The number of Sold properties is down 100%


Time Period # Properties Median Price Average DOM

Q3 2011 0

Q2 2011 0

Q1 2011 0

Q4 2010 111,0752 36

Q3 2010 0

Q2 2010 138,0001 48

Q1 2010 150,0001 35

Q4 2009 0Q3 2009 0

Q2 2009 159,9001 55

Q1 2009 160,0001 136

Q4 2008 176,0001 61

Q3 2008 143,9003 72

Clarus MarketMetrics 2 of 2 11/09/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Q3 2011

1

Q3 2008

4

%

-75%

Change

-3

Q3 2008 vs. Q3 2011: The number of Under Contract properties is down 75%Under Contract Properties by Quarter


Q3 2008 vs. Q3 2011

William Cobb




Sq Ft:

Briar Place


Period: All All

Property Types:

Subdivision:

All


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Under Contract Properties by QuarterQ3 2008 vs. Q3 2011: The number of Under Contract properties is down 75%


Time Period # Properties Median Price Average DOMQ3 2011 119,9001 30

Q2 2011 0

Q1 2011 0

Q4 2010 109,9001 1

Q3 2010 139,9001 71

Q2 2010 144,9001 48

Q1 2010 155,0001 35

Q4 2009 0Q3 2009 0

Q2 2009 159,9001 55

Q1 2009 169,9001 136

Q4 2008 0

Q3 2008 158,9004 69


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10/19

Q3 2011

4

Q3 2008

3

%

+33%

Change

1

Q3 2008 vs. Q3 2011: The number of New properties is up 33%New Properties by Quarter


Q3 2008 vs. Q3 2011

William Cobb




Sq Ft:

Briar Place


Period: All All

Property Types:

Subdivision:

All


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New Properties by QuarterQ3 2008 vs. Q3 2011: The number of New properties is up 33%


Time Period # Properties Median PriceQ3 2011 119,9504

Q2 2011 174,8003

Q1 2011 166,9001

Q4 2010 109,9001

Q3 2010 147,0001

Q2 2010 124,9002

Q1 2010 155,0003

Q4 2009 0Q3 2009 135,0001

Q2 2009 177,7002

Q1 2009 179,4502

Q4 2008 184,4502

Q3 2008 159,9003


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Q3 2011

8

Q3 2008

8

%

0%

Change

0

Q3 2008 vs. Q3 2011: The number of For Sale properties has not changedFor Sale Properties by Quarter


Q3 2008 vs. Q3 2011

William Cobb




Sq Ft:

Briar Place


Period: All All

Property Types:

Subdivision:

All


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For Sale Properties by QuarterQ3 2008 vs. Q3 2011: The number of For Sale properties has not changed


Time Period # Properties Median Price Average DOMQ3 2011 133,9008 81

Q2 2011 170,8504 69

Q1 2011 156,9502 108

Q4 2010 128,4504 136

Q3 2010 143,4504 126

Q2 2010 142,4004 70

Q1 2010 155,0003 40

Q4 2009 162,4502 196Q3 2009 162,4502 130

Q2 2009 189,9005 71

Q1 2009 184,4504 76

Q4 2008 184,4504 118

Q3 2008 158,9508 80


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Q3 2011

2

Q3 2008

2

%

0%

Change

0

Q3 2008 vs. Q3 2011: The number of Expired properties has not changedExpired Properties by Quarter


Q3 2008 vs. Q3 2011

William Cobb




Sq Ft:

Briar Place


Period: All All

Property Types:

Subdivision:

All


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Expired Properties by QuarterQ3 2008 vs. Q3 2011: The number of Expired properties has not changed


Time Period Median Price# Properties Average DOMQ3 2011 151,3502 70

Q2 2011 0

Q1 2011 147,0001 185

Q4 2010 144,4502 210

Q3 2010 0

Q2 2010 0

Q1 2010 0

Q4 2009 162,4502 196Q3 2009 0

Q2 2009 199,0003 74

Q1 2009 0

Q4 2008 216,4502 165

Q3 2008 158,9502 64


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Q3 2008 vs. Q3 2011: The number of for sale properties has not changed and the number of sold properties is down 100%


Q3 2008 vs. Q3 2011

8 0%

William Cobb

8

Q3 2011

Supply & Demand by Quarter

ChangeQ3 2008 %

0

Q3 2008 Q3 2011 %

3 -100%

Q3 2008 vs. Q3 2011

0

Change

-3



Sq Ft:

Briar Place


Period: All All

Property Types:

Subdivision:

All


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Willi C bb A t V l ti G


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Supply & Demand by QuarterQ3 2008 vs. Q3 2011: The number of for sale properties has not changed 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

Q3 2011 818 0

Q2 2011 694 0

Q1 2011 1082 0

Q4 2010 136 364 2

Q3 2010 1264 0

Q2 2010 70 484 1

Q1 2010 40 353 1

Q4 2009 1962 0

Q3 2009 1302 0

Q2 2009 71 555 1

Q1 2009 76 1364 1

Q4 2008 118 614 1

Q3 2008 80 728 3


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Q3 2011

30

Q3 2008

69

%

-57%

Change

-39

Q3 2008 vs. Q3 2011: The average days on market is down 57%The Average Days on Market by Quarter


Q3 2008 vs. Q3 2011

William Cobb



Sq Ft:

Briar Place


Period: All All

Property Types:

Subdivision:

All


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The Average Days on Market by QuarterQ3 2008 vs. Q3 2011: The average days on market is down 57%


Time Period # UC UnitsAverage DOM

Q3 2011 130

Q2 2011 0

Q1 2011 0

Q4 2010 11

Q3 2010 171

Q2 2010 148

Q1 2010 135

Q4 2009 0

Q3 2009 0

Q2 2009 155

Q1 2009 1136

Q4 2008 0

Q3 2008 469


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baton rouge housing news for briar place subdivision 2009-2011 study 70817

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