Transcript
Page 1: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

LEXINGTON

ESTATES

BATON

ROUGE

HOME SALES

REPORT

Q3 2011 VS

Q3 2014

Based on information from

Greater Baton Rouge

Association of REALTORS®\MLS

for period 07/01/2011 to

09/30/2014, extracted on

10/22/2014.

Page 2: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-2014468,107

Q3-2011442,500

%6

Change25,607

Q3-2011 vs Q3-2014: The median sold price is up 6%Median Sold Price by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lexington EstatesPrice:

Page 3: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Median Sold Price by quarterQ3-2011 vs Q3-2014: The median sold price is up 6%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Q3 2014 468,107 6 193

Q2 2014 495,321 10 83

Q1 2014 475,000 1 70

Q4 2013 433,700 8 161

Q3 2013 463,700 10 130

Q2 2013 445,000 9 82

Q1 2013 269,500 2 76

Q4 2012 442,000 3 68

Q3 2012 464,000 4 89

Q2 2012 462,450 6 197

Q1 2012 118,500 5 119

Q4 2011 489,000 5 47

Q3 2011 442,500 1 62

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 4: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20146

Q3-20111

%500

Change5

Q3-2011 vs Q3-2014: The number of Sold properties is up 500%Sold Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lexington EstatesPrice:

Page 5: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Sold Properties by quarterQ3-2011 vs Q3-2014: The number of Sold properties is up 500%

Accurate Valuations GroupWilliam Cobb

Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Q3 2014 468,1076 193 1 16.7 330,750 5 83.3 474,900

Q2 2014 495,32110 83 0 0.0 10 100.0 495,321

Q1 2014 475,0001 70 0 0.0 1 100.0 475,000

Q4 2013 433,7008 161 1 12.5 108,000 7 87.5 467,400

Q3 2013 463,70010 130 1 10.0 418,000 9 90.0 469,900

Q2 2013 445,0009 82 2 22.2 93,525 7 77.8 467,000

Q1 2013 269,5002 76 1 50.0 99,000 1 50.0 440,000

Q4 2012 442,0003 68 1 33.3 103,900 2 66.7 523,500

Q3 2012 464,0004 89 0 0.0 4 100.0 464,000

Q2 2012 462,4506 197 2 33.3 300,500 4 66.7 462,450

Q1 2012 118,5005 119 2 40.0 107,400 3 60.0 400,000

Q4 2011 489,0005 47 1 20.0 128,000 4 80.0 557,250

Q3 2011 442,5001 62 0 0.0 1 100.0 442,500

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 6: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20147

Q3-20112

%250

Change5

Q3-2011 vs Q3-2014: The number of Under Contract properties is up 250%Under Contract Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

Lexington Estates

Period: 3 Year QuarterlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Page 7: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Under Contract Properties by quarterQ3-2011 vs Q3-2014: The number of Under Contract properties is up 250%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 474,9007 189 474,95085.76399,90014.31Q2 2014 495,0007 60 495,000100.070.00Q1 2014 495,0004 120 495,000100.040.00Q4 2013 469,9007 180 472,40085.76113,00014.31Q3 2013 447,9008 93 465,90087.57429,90012.51Q2 2013 475,0009 139 500,00088.9874,90011.11Q1 2013 442,5004 52 450,00075.0398,00025.01Q4 2012 450,0003 46 532,50066.72107,90033.31Q3 2012 285,4504 80 438,00075.03103,90025.01Q2 2012 469,9006 214 469,90066.74304,95033.32Q1 2012 269,4506 103 424,50066.74102,40033.32Q4 2011 459,5004 14 489,00075.03129,90025.01Q3 2011 577,4502 121 577,450100.020.00

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 8: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-2014189

Q3-2011121

%56

Change68

Q3-2011 vs Q3-2014: The average days on market is up 56%The Average Days on Market by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Lexington EstatesAll 3 Year Quarterly

Subdivision:Period:Price:

Property Types: : Residential

10/26/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

Page 9: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

The Average Days on Market by quarterQ3-2011 vs Q3-2014: The average days on market is up 56%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodQ3 2014 7189Q2 2014 760Q1 2014 4120Q4 2013 7180Q3 2013 893Q2 2013 9139Q1 2013 452Q4 2012 346Q3 2012 480Q2 2012 6214Q1 2012 6103Q4 2011 414Q3 2011 2121

Clarus MarketMetrics® 2/2 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

Page 10: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20141

Q3-20112

%-50

Change-1

Q3-2011 vs Q3-2014: The number of Expired properties is down -50%Expired Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

10/26/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lexington EstatesPrice:

Page 11: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Expired Properties by quarterQ3-2011 vs Q3-2014: The number of Expired properties is down -50%

Accurate Valuations GroupWilliam Cobb

Median Price Units% BankAvg DOMUnits Median Price

Bank Properties

Units

Non-Bank Properties

% Non-Bank Median Price

Full Market

Q3 2014 449,0001 315 0 0.0 1 100.0 449,000Q2 2014 621,0005 187 0 0.0 5 100.0 621,000Q1 2014 495,0001 120 0 0.0 1 100.0 495,000Q4 2013 449,9005 161 0 0.0 5 100.0 449,900Q3 2013 499,9001 462 0 0.0 1 100.0 499,900Q2 2013 442,5004 64 2 50.0 292,450 2 50.0 520,000Q1 2013 672,4994 167 0 0.0 4 100.0 672,499Q4 2012 525,0003 131 1 33.3 434,900 2 66.7 582,450Q3 2012 131,4002 140 0 0.0 2 100.0 131,400Q2 2012 517,5002 186 1 50.0 540,000 1 50.0 495,000Q1 2012 476,2002 209 0 0.0 2 100.0 476,200Q4 2011 399,0007 268 1 14.3 119,900 6 85.7 409,000Q3 2011 639,9002 124 0 0.0 2 100.0 639,900

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 12: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20145

Q3-20112

%150

Change3

Q3-2011 vs Q3-2014: The number of New properties is up 150%New Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lexington EstatesPrice:

Page 13: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

New Properties by quarterQ3-2011 vs Q3-2014: The number of New properties is up 150%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 519,0005 0 0.0 5 100.0 519,000Q2 2014 543,4758 0 0.0 8 100.0 543,475Q1 2014 480,0007 1 14.3 399,900 6 85.7 487,500Q4 2013 480,00013 0 0.0 13 100.0 480,000Q3 2013 499,9005 0 0.0 5 100.0 499,900Q2 2013 474,95014 2 14.3 271,450 12 85.7 477,450Q1 2013 440,00010 3 30.0 129,900 7 70.0 445,000Q4 2012 449,9009 3 33.3 107,900 6 66.7 484,400Q3 2012 585,0009 0 0.0 9 100.0 585,000Q2 2012 438,0007 2 28.6 96,950 5 71.4 499,900Q1 2012 522,4508 2 25.0 529,950 6 75.0 489,950Q4 2011 129,9009 3 33.3 104,900 6 66.7 421,250Q3 2011 392,4502 0 0.0 2 100.0 392,450

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 14: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-201418

Q3-201116

%13

Change2

Q3-2011 vs Q3-2014: The number of For Sale properties is up 13%For Sale Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lexington EstatesPrice:

Page 15: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

For Sale Properties by quarterQ3-2011 vs Q3-2014: The number of For Sale properties is up 13%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time Period

Q3 2014 482,45018 203 1 5.6 399,900 17 94.4 485,000Q2 2014 495,00025 160 1 4.0 399,900 24 96.0 497,450Q1 2014 495,00022 156 1 4.5 399,900 21 95.5 495,000Q4 2013 475,00027 153 1 3.7 113,000 26 96.3 477,450Q3 2013 469,90023 175 2 8.7 271,450 21 91.3 474,900Q2 2013 469,90031 135 5 16.1 129,900 26 83.9 474,900Q1 2013 455,00025 136 4 16.0 113,950 21 84.0 469,900Q4 2012 498,90021 116 3 14.3 107,900 18 85.7 512,450Q3 2012 474,95018 99 1 5.6 103,900 17 94.4 499,900Q2 2012 484,90017 146 4 23.5 311,900 13 76.5 484,900Q1 2012 442,45018 153 4 22.2 312,400 14 77.8 442,450Q4 2011 412,50021 188 4 19.0 112,400 17 81.0 429,900Q3 2011 442,50016 208 1 6.2 119,900 15 93.8 455,000

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 16: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-2011 vs Q3-2014: The number of for sale properties is up 13% and the number of sold properties is up 500%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

16 13

William Cobb

18Q3-2014

Supply & Demand by quarter

ChangeQ3-2011 %2

Q3-2011 Q3-2014 %1 500

Q3-2011 vs. Q3-2014

6Change

5

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lexington EstatesPrice:

Page 17: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Supply & Demand by quarterQ3-2011 vs Q3-2014: The number of for sale properties is up 13% and the number of sold properties is up 500%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Q3 2014 203 19318 6Q2 2014 160 8325 10Q1 2014 156 7022 1Q4 2013 153 16127 8Q3 2013 175 13023 10Q2 2013 135 8231 9Q1 2013 136 7625 2Q4 2012 116 6821 3Q3 2012 99 8918 4Q2 2012 146 19717 6Q1 2012 153 11918 5Q4 2011 188 4721 5Q3 2011 208 6216 1

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 18: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-2011 vs Q3-2014: The median price of for sale properties is up 9% and the median price of sold properties is up 6%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

442,500 9

William Cobb

482,450Q3-2014

Median For Sale vs Median Sold

ChangeQ3-2011 %39,950

Q3-2011 Q3-2014 %442,500 6

Q3-2011 vs. Q3-2014

468,107Change25,607

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lexington EstatesPrice:

Page 19: Lexington Estates Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Median For Sale vs Median SoldQ3-2011 vs Q3-2014: The median price of for sale properties is up 9% and the median price of sold properties is up 6%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Q3 2014 18 6482,450 468,107 -14,343Q2 2014 25 10495,000 495,321 321Q1 2014 22 1495,000 475,000 -20,000Q4 2013 27 8475,000 433,700 -41,300Q3 2013 23 10469,900 463,700 -6,200Q2 2013 31 9469,900 445,000 -24,900Q1 2013 25 2455,000 269,500 -185,500Q4 2012 21 3498,900 442,000 -56,900Q3 2012 18 4474,950 464,000 -10,950Q2 2012 17 6484,900 462,450 -22,450Q1 2012 18 5442,450 118,500 -323,950Q4 2011 21 5412,500 489,000 76,500Q3 2011 16 1442,500 442,500 0

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

10/26/201422/


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