Transcript
Page 1: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

PARK FOREST

PARK FOREST

EAST

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.

Page 2: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-2014145,000

Aug-2013112,400

%29

Change32,600

Aug-2013 vs Aug-2014: The median sold price is up 29%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

Park Forest East, Park ForestPrice:

Page 3: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Median Sold Price by MonthAug-2013 vs Aug-2014: The median sold price is up 29%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Aug-14 145,000 5 38

Jul-14 140,000 1 107

Jun-14 120,000 7 92

May-14 132,400 8 54

Apr-14 124,000 5 83

Mar-14 118,500 5 77

Feb-14 124,000 4 97

Jan-14 89,000 5 61

Dec-13 125,000 7 64

Nov-13 108,500 5 174

Oct-13 90,200 4 20

Sep-13 112,500 5 58

Aug-13 112,400 7 76

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

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Page 4: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-2013 vs Aug-2014: The median price of for sale properties is up 3% and the median price of sold properties is up 29%

Accurate Valuations Group

Aug-2013 vs. Aug-2014

128,200 3

William Cobb

132,400Aug-2014

Median For Sale vs Median Sold

ChangeAug-2013 %4,200

Aug-2013 Aug-2014 %112,400 29

Aug-2013 vs. Aug-2014

145,000Change32,600

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

Park Forest East, Park ForestPrice:

Page 5: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Median For Sale vs Median SoldAug-2013 vs Aug-2014: The median price of for sale properties is up 3% and the median price of sold properties is up 29%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Aug-14 26 5132,400 145,000 12,600Jul-14 21 1129,900 140,000 10,100Jun-14 19 7133,900 120,000 -13,900May-14 25 8122,900 132,400 9,500Apr-14 27 5129,500 124,000 -5,500Mar-14 31 5124,900 118,500 -6,400Feb-14 30 4132,400 124,000 -8,400Jan-14 30 5125,700 89,000 -36,700Dec-13 33 7124,900 125,000 100Nov-13 32 5128,200 108,500 -19,700Oct-13 34 4124,900 90,200 -34,700Sep-13 29 5126,500 112,500 -14,000Aug-13 24 7128,200 112,400 -15,800

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

09/14/201422/

Page 6: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-20145

Aug-20137

%-29

Change-2

Aug-2013 vs Aug-2014: The number of Sold properties is down -29%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

Park Forest East, Park ForestPrice:

Page 7: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Sold Properties by MonthAug-2013 vs Aug-2014: The number of Sold properties is down -29%

Accurate Valuations GroupWilliam Cobb

Time Period Units Median Price Avg DOM

Aug-14 145,0005 38Jul-14 140,0001 107Jun-14 120,0007 92May-14 132,4008 54Apr-14 124,0005 83Mar-14 118,5005 77Feb-14 124,0004 97Jan-14 89,0005 61Dec-13 125,0007 64Nov-13 108,5005 174Oct-13 90,2004 20Sep-13 112,5005 58Aug-13 112,4007 76

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

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Page 8: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-20148

Aug-20135

%60

Change3

Aug-2013 vs Aug-2014: The number of Under Contract properties is up 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

Park Forest East, Park Forest

Period: 1 Year MonthlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Page 9: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

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

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime PeriodAug-14 142,9508 105Jul-14 107,5003 32Jun-14 139,4504 80May-14 122,9007 52Apr-14 143,6256 100Mar-14 124,9007 74Feb-14 133,4004 54Jan-14 91,9506 70Dec-13 129,9007 70Nov-13 146,0003 109Oct-13 99,9005 79Sep-13 115,0003 27Aug-13 94,9005 49

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

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Page 10: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-20148

Aug-20135

%60

Change3

Aug-2013 vs Aug-2014: The number of New properties is up 60%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

Park Forest East, Park ForestPrice:

Page 11: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

New Properties by MonthAug-2013 vs Aug-2014: The number of New properties is up 60%

Accurate Valuations GroupWilliam Cobb

Units Median PriceTime PeriodAug-14 133,0008Jul-14 134,95010Jun-14 161,4502May-14 134,9007Apr-14 133,0007Mar-14 94,9005Feb-14 126,9009Jan-14 138,0007Dec-13 114,9005Nov-13 109,9506Oct-13 121,20010Sep-13 114,95010Aug-13 144,7505

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

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Page 12: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-201426

Aug-201324

%8

Change2

Aug-2013 vs Aug-2014: The number of For Sale properties is up 8%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

Park Forest East, Park ForestPrice:

Page 13: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

For Sale Properties by MonthAug-2013 vs Aug-2014: The number of For Sale properties is up 8%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime Period

Aug-14 132,40026 94Jul-14 129,90021 97Jun-14 133,90019 115May-14 122,90025 93Apr-14 129,50027 105Mar-14 124,90031 118Feb-14 132,40030 105Jan-14 125,70030 121Dec-13 124,90033 123Nov-13 128,20032 116Oct-13 124,90034 123Sep-13 126,50029 128Aug-13 128,20024 138

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

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Page 14: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-20143

Aug-20130

%N/A

Change3

Aug-2013 vs Aug-2014: The number of Expired properties : The percent change calculation is N/AExpired 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

Park Forest East, Park ForestPrice:

Page 15: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Expired Properties by MonthAug-2013 vs Aug-2014: The number of Expired properties : The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Avg DOMUnits Median PriceAug-14 102,0003 163Jul-14 0Jun-14 105,0004 70May-14 95,0001 210Apr-14 135,0003 156Mar-14 127,4504 210Feb-14 0Jan-14 126,5003 258Dec-13 129,9003 193Nov-13 135,0001 59Oct-13 119,0003 297Sep-13 142,4002 84Aug-13 0

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

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Page 16: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-2013 vs Aug-2014: The number of for sale properties is up 8% and the number of sold properties is down -29%

Accurate Valuations Group

Aug-2013 vs. Aug-2014

24 8

William Cobb

26Aug-2014

Supply & Demand by Month

ChangeAug-2013 %2

Aug-2013 Aug-2014 %7 -29

Aug-2013 vs. Aug-2014

5Change

-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

Park Forest East, Park ForestPrice:

Page 17: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Supply & Demand by MonthAug-2013 vs Aug-2014: The number of for sale properties is up 8% and the number of sold properties is down -29%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Aug-14 94 3826 5Jul-14 97 10721 1Jun-14 115 9219 7May-14 93 5425 8Apr-14 105 8327 5Mar-14 118 7731 5Feb-14 105 9730 4Jan-14 121 6130 5Dec-13 123 6433 7Nov-13 116 17432 5Oct-13 123 2034 4Sep-13 128 5829 5Aug-13 138 7624 7

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

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Page 18: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-2014105

Aug-201349

%115

Change56

Aug-2013 vs Aug-2014: The average days on market is up 115%The Average Days on Market by Month

Accurate Valuations Group

Aug-2013 vs. Aug-2014

William Cobb

Park Forest East, Park ForestAll 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

Page 19: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

The Average Days on Market by MonthAug-2013 vs Aug-2014: The average days on market is up 115%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodAug-14 8105Jul-14 332Jun-14 480May-14 752Apr-14 6100Mar-14 774Feb-14 454Jan-14 670Dec-13 770Nov-13 3109Oct-13 579Sep-13 327Aug-13 549

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

Page 20: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Aug-2013 vs Aug-2014: The average months supply of inventory is down -51%

Accurate Valuations Group

Aug-2013 vs. Aug-2014

3.8 -51

William Cobb

1.9Aug-2014

Months Supply of Inventory

ChangeAug-2013 %-1.9

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

Park Forest East, Park ForestPrice:

Page 21: Park Forest Subdivision Baton Rouge Home Sales Update August 2014

Months Supply of InventoryAug-2013 vs Aug-2014: The average months supply of inventory is down -51%

William Cobb Accurate Valuations Group

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

UC Avg DOMTime Period

Aug-14 8 10515 1.9Jul-14 3 3218 6.0Jun-14 4 8011 2.8May-14 7 5217 2.4Apr-14 6 10018 3.0Mar-14 7 7420 2.9Feb-14 4 5426 6.5Jan-14 6 7021 3.5Dec-13 7 7023 3.3Nov-13 3 10928 9.3Oct-13 5 7926 5.2Sep-13 3 2724 8.0Aug-13 5 4919 3.8

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

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