east baton rouge commercial real estate sales august 2013 vs august 2014
DESCRIPTION
East Baton Rouge Commercial Real Estate Sales August 2013 vs August 2014 Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 09/01/2013 to 09/14/2014, extracted on 09/14/2014.TRANSCRIPT
EAST BATON
ROUGE
COMMERCIAL
SALES REPORT
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-201496,250
Aug-201310,500
%817
Change85,750
Aug-2013 vs Aug-2014: The median sold price is up 817%Median Sold Price by Month
Accurate Valuations Group
Aug-2013 vs. Aug-2014
William Cobb
Clarus MarketMetrics® 09/15/2014Information 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
Counties:Property Types: : Commercial
East Baton RougePrice:
Median Sold Price by MonthAug-2013 vs Aug-2014: The median sold price is up 817%
Accurate Valuations GroupWilliam Cobb
Sold Median Price Units Avg DOMTime Period
Aug-14 96,250 3 93
Jul-14 357,500 4 111
Jun-14 260,000 4 130
May-14 27,499 2 186
Apr-14 150,725 2 88
Mar-14 500 4 173
Feb-14 0Jan-14 45,000 3 182
Dec-13 350 3 1,454
Nov-13 179,000 2 142
Oct-13 59,900 7 347
Sep-13 300,000 3 66
Aug-13 10,500 4 426
Clarus MarketMetrics® 09/15/2014Information 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 up 17% and the median price of sold properties is up 817%
Accurate Valuations Group
Aug-2013 vs. Aug-2014
115,000 17
William Cobb
135,000Aug-2014
Median For Sale vs Median Sold
ChangeAug-2013 %20,000
Aug-2013 Aug-2014 %10,500 817
Aug-2013 vs. Aug-2014
96,250Change85,750
Clarus MarketMetrics® 09/15/2014Information 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
Counties:Property Types: : Commercial
East Baton RougePrice:
Median For Sale vs Median SoldAug-2013 vs Aug-2014: The median price of for sale properties is up 17% and the median price of sold properties is up 817%
Accurate Valuations GroupWilliam Cobb
For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference
Time Period
Aug-14 97 3135,000 96,250 -38,750Jul-14 110 4142,125 357,500 215,375Jun-14 113 4145,000 260,000 115,000May-14 106 2150,000 27,499 -122,501Apr-14 109 2150,000 150,725 725Mar-14 106 4147,500 500 -147,000Feb-14 99 0155,000 -155,000Jan-14 99 3150,000 45,000 -105,000Dec-13 109 3138,500 350 -138,150Nov-13 117 2125,000 179,000 54,000Oct-13 119 7120,000 59,900 -60,100Sep-13 116 3115,000 300,000 185,000Aug-13 123 4115,000 10,500 -104,500
Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).
09/15/201422/
Aug-20143
Aug-20134
%-25
Change-1
Aug-2013 vs Aug-2014: The number of Sold properties is down -25%Sold Properties by Month
Accurate Valuations Group
Aug-2013 vs. Aug-2014
William Cobb
Clarus MarketMetrics® 09/15/2014Information 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
Counties:Property Types: : Commercial
East Baton RougePrice:
Sold Properties by MonthAug-2013 vs Aug-2014: The number of Sold properties is down -25%
Accurate Valuations GroupWilliam Cobb
Time Period Units Median Price Avg DOM
Aug-14 96,2503 93Jul-14 357,5004 111Jun-14 260,0004 130May-14 27,4992 186Apr-14 150,7252 88Mar-14 5004 173Feb-14 0Jan-14 45,0003 182Dec-13 3503 1,454Nov-13 179,0002 142Oct-13 59,9007 347Sep-13 300,0003 66Aug-13 10,5004 426
Clarus MarketMetrics® 09/15/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).
22/
Aug-20140
Aug-20136
%-100
Change-6
Aug-2013 vs Aug-2014: The number of Under Contract properties is down -100%Under Contract Properties by Month
Accurate Valuations Group
Aug-2013 vs. Aug-2014
William Cobb
Clarus MarketMetrics® 09/15/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).
1/2
AllBathrooms: SqFt:All
: Commercial
All Square FootageConstruction Type: Lot Size:GBRAR
East Baton Rouge
Period: 1 Year MonthlyPrice:MLS:
All AllAll
Property Types:
Bedrooms:
Counties:
Under Contract Properties by MonthAug-2013 vs Aug-2014: The number of Under Contract properties is down -100%
Accurate Valuations GroupWilliam Cobb
Units Avg DOMMedian PriceTime PeriodAug-14 0Jul-14 110,0005 49Jun-14 219,9005 128May-14 150,0003 75Apr-14 193,3452 88Mar-14 6505 196Feb-14 0Jan-14 563,0082 90Dec-13 3503 1,454Nov-13 186,5002 242Oct-13 40,0876 384Sep-13 115,0001 5Aug-13 41,3506 333
Clarus MarketMetrics® 09/15/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).
22/
Aug-20147
Aug-201316
%-56
Change-9
Aug-2013 vs Aug-2014: The number of New properties is down -56%New Properties by Month
Accurate Valuations Group
Aug-2013 vs. Aug-2014
William Cobb
Clarus MarketMetrics® 09/15/2014Information 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
Counties:Property Types: : Commercial
East Baton RougePrice:
New Properties by MonthAug-2013 vs Aug-2014: The number of New properties is down -56%
Accurate Valuations GroupWilliam Cobb
Units Median PriceTime PeriodAug-14 73,5007Jul-14 211,50012Jun-14 135,00016May-14 92,45010Apr-14 136,50016Mar-14 33,50015Feb-14 187,00010Jan-14 397,0006Dec-13 114,9002Nov-13 179,75010Oct-13 154,95010Sep-13 138,5009Aug-13 97,50016
Clarus MarketMetrics® 09/15/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).
22/
Aug-201497
Aug-2013123
%-21
Change-26
Aug-2013 vs Aug-2014: The number of For Sale properties is down -21%For Sale Properties by Month
Accurate Valuations Group
Aug-2013 vs. Aug-2014
William Cobb
Clarus MarketMetrics® 09/15/2014Information 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
Counties:Property Types: : Commercial
East Baton RougePrice:
For Sale Properties by MonthAug-2013 vs Aug-2014: The number of For Sale properties is down -21%
Accurate Valuations GroupWilliam Cobb
Units Avg DOMMedian PriceTime Period
Aug-14 135,00097 262Jul-14 142,125110 255Jun-14 145,000113 257May-14 150,000106 267Apr-14 150,000109 262Mar-14 147,500106 299Feb-14 155,00099 314Jan-14 150,00099 306Dec-13 138,500109 331Nov-13 125,000117 315Oct-13 120,000119 315Sep-13 115,000116 307Aug-13 115,000123 303
Clarus MarketMetrics® 09/15/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).
22/
Aug-20147
Aug-201310
%-30
Change-3
Aug-2013 vs Aug-2014: The number of Expired properties is down -30%Expired Properties by Month
Accurate Valuations Group
Aug-2013 vs. Aug-2014
William Cobb
09/15/2014Clarus MarketMetrics® 1/2
MLS: GBRAR Bedrooms:AllAll
Construction Type:All1 Year Monthly SqFt:
Bathrooms: Lot Size:All All Square FootagePeriod:All
Counties:Property Types: : Commercial
East Baton RougePrice:
Expired Properties by MonthAug-2013 vs Aug-2014: The number of Expired properties is down -30%
Accurate Valuations GroupWilliam Cobb
Avg DOMUnits Median PriceAug-14 90,0007 503Jul-14 155,00015 348Jun-14 195,00010 329May-14 112,4506 342Apr-14 64,00011 282Mar-14 144,2508 679Feb-14 204,5008 271Jan-14 92,5008 207Dec-13 100,00013 326Nov-13 79,5008 433Oct-13 110,0006 270Sep-13 199,5006 226Aug-13 145,00010 319
Clarus MarketMetrics® 09/15/2014Information 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 -21% and the number of sold properties is down -25%
Accurate Valuations Group
Aug-2013 vs. Aug-2014
123 -21
William Cobb
97Aug-2014
Supply & Demand by Month
ChangeAug-2013 %-26
Aug-2013 Aug-2014 %4 -25
Aug-2013 vs. Aug-2014
3Change
-1
Clarus MarketMetrics® 09/15/2014Information 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
Counties:Property Types: : Commercial
East Baton RougePrice:
Supply & Demand by MonthAug-2013 vs Aug-2014: The number of for sale properties is down -21% and the number of sold properties is down -25%
William Cobb Accurate Valuations Group
For Sale Sold# Properties
Avg DOM Avg DOM# Properties
Time Period
Aug-14 262 9397 3Jul-14 255 111110 4Jun-14 257 130113 4May-14 267 186106 2Apr-14 262 88109 2Mar-14 299 173106 4Feb-14 31499 0Jan-14 306 18299 3Dec-13 331 1,454109 3Nov-13 315 142117 2Oct-13 315 347119 7Sep-13 307 66116 3Aug-13 303 426123 4
Clarus MarketMetrics® 09/15/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).
22/
Aug-20140
Aug-2013333
%-100
Change-333
Aug-2013 vs Aug-2014: The average days on market is down -100%The Average Days on Market by Month
Accurate Valuations Group
Aug-2013 vs. Aug-2014
William Cobb
East Baton RougeAll 1 Year Monthly
Counties:Period:Price:
Property Types: : Commercial
09/15/20141/2Clarus 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 -100%
Accurate Valuations GroupWilliam Cobb
# UC UnitsAvg DOMTime PeriodAug-14 0Jul-14 549Jun-14 5128May-14 375Apr-14 288Mar-14 5196Feb-14 0Jan-14 290Dec-13 31,454Nov-13 2242Oct-13 6384Sep-13 15Aug-13 6333
Clarus MarketMetrics® 2/2 09/15/2014Information 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 down -100%
Accurate Valuations Group
Aug-2013 vs. Aug-2014
17.8 -100
William Cobb
0Aug-2014
Months Supply of Inventory
ChangeAug-2013 %-17.8
Clarus MarketMetrics® 09/15/2014Information 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
Counties:Property Types: : Commercial
East Baton RougePrice:
Months Supply of InventoryAug-2013 vs Aug-2014: The average months supply of inventory is down -100%
William Cobb Accurate Valuations Group
During MonthLast Day of Month MSI# Units For Sale # UC Units
UC Avg DOMTime Period
Aug-14 090Jul-14 5 4990 18.0Jun-14 5 12898 19.6May-14 3 7597 32.3Apr-14 2 8896 48.0Mar-14 5 19693 18.6Feb-14 091Jan-14 2 9089 44.5Dec-13 3 1,45493 31.0Nov-13 2 242107 53.5Oct-13 6 384107 17.8Sep-13 1 5109 109.0Aug-13 6 333107 17.8
Clarus MarketMetrics® 09/15/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).
22/