east baton rouge home sales april 2012 vs april 2013

Upload: bill-cobb

Post on 14-Apr-2018

214 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    1/21

    05/18/2013Clarus MarketMetrics

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    EBRP 4/2012 vs 4/2013, East Baton Rouge ALL EBRP

    William CobbAccurate Valuations Group

    Market Dynamics

    Prepared For

    1 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    2/21

    Apr-13

    174,600

    Apr-12

    160,000

    %

    +9%

    Change

    14,600

    Apr-12 vs. Apr-13: The median sold price is up 9%Median Sold Price by Month

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    William Cobb

    Clarus MarketMetrics 1 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    2 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    3/21

    Median Sold Price by MonthApr-12 vs. Apr-13: The median sold price is up 9%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price # Units Average DOM

    Apr-13 174,600 424 99

    Mar-13 171,500 416 91

    Feb-13 170,000 280 109

    J an-13 165,000 266 108

    Dec-12 165,000 294 87

    Nov-12 172,500 343 97

    Oct-12 172,250 363 94

    Sep-12 178,500 344 104

    Aug-12 175,000 352 98

    J ul-12 175,000 411 87

    J un-12 174,706 439 84

    May-12 170,000 438 93

    Apr-12 160,000 351 99

    Clarus MarketMetrics 2 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    3 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    4/21

    Apr-12 vs. Apr-13: The median price of for sale propert ies is up 3% and the median price of sold properties is up 9%

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    164,900 +3%

    William Cobb

    169,900

    Apr-13

    Median For Sale vs. Median Sold

    ChangeApr-12 %

    5,000

    Apr-12 Apr-13 %

    160,000 +9%

    Apr-12 vs. Apr-13

    174,600

    Change

    14,600

    Clarus MarketMetrics 1 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    4 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    5/21

    Median For Sale vs. Median SoldApr-12 vs. Apr-13: The median price of for sale propert ies is up 3% and the median price of sold properties is up 9%

    Accurate Valuations GroupWilliam Cobb

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Apr-13 3,038 424169,900 174,600 4,700

    Mar-13 3,051 416167,000 171,500 4,500

    Feb-13 2,930 280164,900 170,000 5,100

    J an-13 2,894 266160,000 165,000 5,000

    Dec-12 2,773 294159,000 165,000 6,000

    Nov-12 2,961 343159,900 172,500 12,600

    Oct-12 3,139 363161,900 172,250 10,350

    Sep-12 3,111 344161,500 178,500 17,000

    Aug-12 3,210 352164,950 175,000 10,050

    J ul-12 3,339 411165,600 175,000 9,400

    J un-12 3,340 439168,000 174,706 6,706

    May-12 3,305 438167,500 170,000 2,500

    Apr-12 3,247 351164,900 160,000 -4,900

    Clarus MarketMetricsInformation not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    2 of 2 05/18/2013

    5 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    6/21

    Apr-13

    424

    Apr-12

    351

    %

    +21%

    Change

    73

    Apr-12 vs. Apr-13: The number of Sold propert ies is up 21%Sold Properties by Month

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    William Cobb

    Clarus MarketMetrics 1 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    6 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    7/21

    Sold Properties by MonthApr-12 vs. Apr-13: The number of Sold properties is up 21%

    Accurate Valuations GroupWilliam Cobb

    Time Period #Properties Median Price Average DOMApr-13 174,600424 99

    Mar-13 171,500416 91

    Feb-13 170,000280 109

    J an-13 165,000266 108

    Dec-12 165,000294 87

    Nov-12 172,500343 97

    Oct-12 172,250363 94

    Sep-12 178,500344 104Aug-12 175,000352 98

    J ul-12 175,000411 87

    J un-12 174,706439 84

    May-12 170,000438 93

    Apr-12 160,000351 99

    Clarus MarketMetrics 2 of 2 05/18/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    7 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    8/21

    Apr-13

    543

    Apr-12

    450

    %

    +21%

    Change

    93

    Apr-12 vs. Apr-13: The number of Under Contract propert ies is up 21%Under Contract Properties by Month

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    William Cobb

    Clarus MarketMetrics 1 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    8 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    9/21

    Under Contract Properties by MonthApr-12 vs. Apr-13: The number of Under Contract properties is up 21%

    Accurate Valuations GroupWilliam Cobb

    Time Period #Properties Median Price Average DOMApr-13 177,900543 93

    Mar-13 179,900494 95

    Feb-13 175,950390 96

    J an-13 177,500323 118

    Dec-12 158,200274 102

    Nov-12 169,900302 102

    Oct-12 174,950352 91

    Sep-12 179,900323 91Aug-12 177,100315 105

    J ul-12 185,000424 93

    J un-12 178,750388 86

    May-12 179,900444 94

    Apr-12 174,900450 98

    Clarus MarketMetrics 2 of 2 05/18/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    9 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    10/21

    Apr-13

    661

    Apr-12

    676

    %

    -2%

    Change

    -15

    Apr-12 vs. Apr-13: The number of New propert ies is down 2%New Properties by Month

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    William Cobb

    Clarus MarketMetrics 1 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    10 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    11/21

    New Properties by MonthApr-12 vs. Apr-13: The number of New properties is down 2%

    Accurate Valuations GroupWilliam Cobb

    Time Period #Properties Median PriceApr-13 189,900661

    Mar-13 178,000675

    Feb-13 174,900594

    J an-13 173,950666

    Dec-12 149,900337

    Nov-12 157,500440

    Oct-12 164,900601

    Sep-12 158,000487Aug-12 169,450572

    J ul-12 173,900669

    J un-12 175,000699

    May-12 170,000693

    Apr-12 169,900676

    Clarus MarketMetrics 2 of 2 05/18/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    11 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    12/21

    Apr-13

    3,038

    Apr-12

    3,247

    %

    -6%

    Change

    -209

    Apr-12 vs. Apr-13: The number of For Sale propert ies is down 6%For Sale Properties by Month

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    William Cobb

    Clarus MarketMetrics 1 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    12 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    13/21

    For Sale Properties by MonthApr-12 vs. Apr-13: The number of For Sale properties is down 6%

    Accurate Valuations GroupWilliam Cobb

    Time Period #Properties Median Price Average DOMApr-13 169,9003,038 143

    Mar-13 167,0003,051 146

    Feb-13 164,9002,930 150

    J an-13 160,0002,894 158

    Dec-12 159,0002,773 171

    Nov-12 159,9002,961 159

    Oct-12 161,9003,139 152

    Sep-12 161,5003,111 152Aug-12 164,9503,210 155

    J ul-12 165,6003,339 153

    J un-12 168,0003,340 157

    May-12 167,5003,305 160

    Apr-12 164,9003,247 162

    Clarus MarketMetrics 2 of 2 05/18/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    13 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    14/21

    Apr-13

    204

    Apr-12

    185

    %

    +10%

    Change

    19

    Apr-12 vs. Apr-13: The number of Expired propert ies is up 10%Expired Properties by Month

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    William Cobb

    Clarus MarketMetrics 1 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    14 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    15/21

    Expired Properties by MonthApr-12 vs. Apr-13: The number of Expired properties is up 10%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price# Properties Average DOMApr-13 156,250204 171

    Mar-13 149,950180 201

    Feb-13 149,900164 197

    J an-13 153,900235 196

    Dec-12 155,000271 224

    Nov-12 156,900223 171

    Oct-12 159,000266 199

    Sep-12 149,900250 188Aug-12 162,500271 258

    J ul-12 160,000276 217

    J un-12 169,000278 234

    May-12 164,900221 188

    Apr-12 139,900185 198

    Clarus MarketMetrics 2 of 2 05/18/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    15 of 21

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    16/21

    Apr-12 vs. Apr-13: The number of for sale properties is down 6% and the number of so ld propert ies is up 21%

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    3,247 -6%

    William Cobb

    3,038

    Apr-13

    Supply & Demand by Month

    ChangeApr-12 %

    -209

    Apr-12 Apr-13 %

    351 +21%

    Apr-12 vs. Apr-13

    424

    Change

    73

    Clarus MarketMetrics 1 of 2 05/18/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    16 of 21

    Willi C bb A t V l ti G

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    17/21

    Supply & Demand by MonthApr-12 vs. Apr-13: The number of for sale properties is down 6% and the number of so ld propert ies is up 21%

    William Cobb Accurate Valuations Group

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

    Apr-13 143 993,038 424

    Mar-13 146 913,051 416

    Feb-13 150 1092,930 280

    J an-13 158 1082,894 266

    Dec-12 171 872,773 294

    Nov-12 159 972,961 343

    Oct-12 152 943,139 363

    Sep-12 152 1043,111 344

    Aug-12 155 983,210 352

    J ul-12 153 873,339 411

    J un-12 157 843,340 439

    May-12 160 933,305 438

    Apr-12 162 993,247 351

    Clarus MarketMetrics 2 of 2 05/18/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    17 of 21

    Accurate Valuations GroupWilliam Cobb

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    18/21

    Apr-13

    93

    Apr-12

    98

    %

    -5%

    Change

    -5

    Apr-12 vs. Apr-13: The average days on market is down 5%The Average Days on Market by Month

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    William Cobb

    Clarus MarketMetrics 1 of 2 05/18/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    18 of 21

    Accurate Valuations GroupWilliam Cobb

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    19/21

    The Average Days on Market by MonthApr-12 vs. Apr-13: The average days on market is down 5%

    Accurate Valuations GroupWilliam Cobb

    Time Period # UC UnitsAverage DOM

    Apr-13 54393

    Mar-13 49495

    Feb-13 39096

    J an-13 323118

    Dec-12 274102

    Nov-12 302102

    Oct-12 35291

    Sep-12 32391

    Aug-12 315105

    J ul-12 42493

    J un-12 38886

    May-12 44494

    Apr-12 45098

    Clarus MarketMetrics2 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    19 of 21

    Accurate Valuations GroupWilliam Cobb

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    20/21

    Apr-12 vs. Apr-13: The average months supply of inventory is down 27%

    Accurate Valuations Group

    Apr-12 vs. Apr-13

    5.8 -27%

    William Cobb

    4.2

    Apr-13

    Months Supply of Inventory

    ChangeApr-12 %

    -1.6

    Clarus MarketMetrics 1 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    East Baton Rouge

    Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

    Period: All All

    Property Types:

    County:

    All

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

    20 of 21

    William Cobb Accurate Valuations Group

  • 7/30/2019 East Baton Rouge Home Sales April 2012 vs April 2013

    21/21

    Months Supply of InventoryApr-12 vs. Apr-13: The average months supply of inventory is down 27%

    William Cobb Accurate Valuations Group

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

    Apr-13 543 932,291 4.2

    Mar-13 494 952,377 4.8

    Feb-13 390 962,376 6.1

    J an-13 323 1182,336 7.2

    Dec-12 274 1022,228 8.1

    Nov-12 302 1022,436 8.1

    Oct-12 352 912,521 7.2

    Sep-12 323 912,538 7.9

    Aug-12 315 1052,624 8.3

    J ul-12 424 932,640 6.2

    J un-12 388 862,679 6.9

    May-12 444 942,644 6.0

    Apr-12 450 982,616 5.8

    Clarus MarketMetrics 2 of 2 05/18/2013

    Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    21 of 21