east baton rouge parish home sales may 2011 vs may 2012

7/31/2019 East Baton Rouge Parish Home Sales May 2011 vs May 2012

1/21

06/05/2012Clarus MarketMetrics

Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

EBRP 5/2011 vs 5/2012, Baton Rouge, LA ALL

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21


2/21

May-12

169,200

May-11

175,000

%

-3%

Change

-5,800

May-11 vs. May-12: The median sold price is down 3%Median Sold Price by Month

Accurate Valuations Group

May-11 vs. May-12

William Cobb

Clarus MarketMetrics 1 of 2 06/05/2012


AllBathrooms:MLS: AllAll

Sq Ft:

EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

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

Period: All All

Property Types:

MLS Area:

All

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

2 of 21


3/21

Median Sold Price by MonthMay-11 vs. May-12: The median sold price is down 3%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

May-12 169,200 410 95

Apr-12 160,700 348 98

Mar-12 164,000 367 106

Feb-12 164,750 260 108

Jan-12 159,000 214 100

Dec-11 160,900 271 94

Nov-11 158,731 273 104

Oct-11 169,000 289 107Sep-11 170,000 306 100

Aug-11 169,740 397 103

Jul-11 171,000 329 92

Jun-11 179,900 377 99

May-11 175,000 329 118



3 of 21


4/21

May-11 vs. May-12: The median price of for sale properties has not changed and the median price of sold properties is down


May-11 vs. May-12

169,900 0%

William Cobb

169,900

May-12

Median For Sale vs. Median Sold

ChangeMay-11 %

0

May-11 May-12 %

175,000 -3%

May-11 vs. May-12

169,200

Change

-5,800




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


4 of 21


5/21

Median For Sale vs. Median SoldMay-11 vs. May-12: The median price of for sale properties has not changed and the median price of sold properties is down


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

May-12 3,191 410169,900 169,200 -700

Apr-12 3,182 348168,200 160,700 -7,500

Mar-12 3,147 367165,000 164,000 -1,000

Feb-12 3,023 260164,800 164,750 -50

Jan-12 3,009 214162,900 159,000 -3,900

Dec-11 2,993 271160,000 160,900 900

Nov-11 3,110 273162,900 158,731 -4,169

Oct-11 3,261 289164,900 169,000 4,100

Sep-11 3,304 306165,000 170,000 5,000

Aug-11 3,408 397165,000 169,740 4,740

Jul-11 3,448 329168,900 171,000 2,100

Jun-11 3,519 377169,900 179,900 10,000

May-11 3,534 329169,900 175,000 5,100

Clarus MarketMetricsInformation not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 06/05/2012

5 of 21


6/21

May-12

410

May-11

329

%

+25%

Change

81

May-11 vs. May-12: The number of Sold properties is up 25%Sold Properties by Month


May-11 vs. May-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


6 of 21


7/21

Sold Properties by MonthMay-11 vs. May-12: The number of Sold properties is up 25%


Time Period # Properties Median Price Average DOM

May-12 169,200410 95

Apr-12 160,700348 98

Mar-12 164,000367 106

Feb-12 164,750260 108

Jan-12 159,000214 100

Dec-11 160,900271 94

Nov-11 158,731273 104

Oct-11 169,000289 107Sep-11 170,000306 100

Aug-11 169,740397 103

Jul-11 171,000329 92

Jun-11 179,900377 99

May-11 175,000329 118

Clarus MarketMetrics 2 of 2 06/05/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

7 of 21


8/21

May-12

512

May-11

374

%

+37%

Change

138

May-11 vs. May-12: The number of Under Contract properties is up 37%Under Contract Properties by Month


May-11 vs. May-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


8 of 21


9/21


10/21

May-12

675

May-11

658

%

+3%

Change

17

May-11 vs. May-12: The number of New properties is up 3%New Properties by Month


May-11 vs. May-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


10 of 21


11/21

New Properties by MonthMay-11 vs. May-12: The number of New properties is up 3%


Time Period # Properties Median PriceMay-12 175,500675

Apr-12 175,000670

Mar-12 167,900677

Feb-12 163,074534

Jan-12 167,500563

Dec-11 154,950358

Nov-11 165,000434

Oct-11 154,950558Sep-11 167,950552

Aug-11 155,000592

Jul-11 159,900554

Jun-11 174,900607

May-11 170,000658


11 of 21


12/21

May-12

3,191

May-11

3,534

%

-10%

Change

-343

May-11 vs. May-12: The number of For Sale properties is down 10%For Sale Properties by Month


May-11 vs. May-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


12 of 21


13/21

For Sale Properties by MonthMay-11 vs. May-12: The number of For Sale properties is down 10%


Time Period # Properties Median Price Average DOMMay-12 169,9003,191 156

Apr-12 168,2003,182 158

Mar-12 165,0003,147 162

Feb-12 164,8003,023 167

Jan-12 162,9003,009 169

Dec-11 160,0002,993 180

Nov-11 162,9003,110 168

Oct-11 164,9003,261 160Sep-11 165,0003,304 158

Aug-11 165,0003,408 157

Jul-11 168,9003,448 157

Jun-11 169,9003,519 151

May-11 169,9003,534 147


13 of 21


14/21

May-12

223

May-11

248

%

-10%

Change

-25

May-11 vs. May-12: The number of Expired properties is down 10%Expired Properties by Month


May-11 vs. May-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


14 of 21


15/21

Expired Properties by MonthMay-11 vs. May-12: The number of Expired properties is down 10%


Time Period Median Price# Properties Average DOMMay-12 169,900223 183

Apr-12 139,900181 196

Mar-12 148,900211 194

Feb-12 142,000187 186

Jan-12 150,000227 195

Dec-11 154,950314 261

Nov-11 164,900223 187

Oct-11 165,000290 183Sep-11 155,250306 169

Aug-11 158,603307 184

Jul-11 157,750282 186

Jun-11 167,000285 182

May-11 170,000248 174


15 of 21


16/21

May-11 vs. May-12: The number of for sale properties is down 10% and the number of sold properties is up 25%


May-11 vs. May-12

3,534 -10%

William Cobb

3,191

May-12

Supply & Demand by Month

ChangeMay-11 %

-343

May-11 May-12 %

329 +25%

May-11 vs. May-12

410

Change

81



Sq Ft:



Period: All All

Property Types:

MLS Area:

All


16 of 21

Willi C bb A t V l ti G


17/21

Supply & Demand by MonthMay-11 vs. May-12: The number of for sale properties is down 10% and the number of sold properties is up 25%

William Cobb Accurate Valuations Group

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

May-12 156 953,191 410

Apr-12 158 983,182 348

Mar-12 162 1063,147 367

Feb-12 167 1083,023 260

Jan-12 169 1003,009 214

Dec-11 180 942,993 271

Nov-11 168 1043,110 273

Oct-11 160 1073,261 289

Sep-11 158 1003,304 306

Aug-11 157 1033,408 397

Jul-11 157 923,448 329

Jun-11 151 993,519 377

May-11 147 1183,534 329


17 of 21



18/21

May-12

101

May-11

94

%

+8%

Change

7

May-11 vs. May-12: The average days on market is up 8%The Average Days on Market by Month


May-11 vs. May-12

William Cobb



Sq Ft:



Period: All All

Property Types:

MLS Area:

All


18 of 21



19/21

The Average Days on Market by MonthMay-11 vs. May-12: The average days on market is up 8%


Time Period # UC UnitsAverage DOM

May-12 512101

Apr-12 48399

Mar-12 42599

Feb-12 366103

Jan-12 292114

Dec-11 234102

Nov-11 25296

Oct-11 29598

Sep-11 295105

Aug-11 349115

Jul-11 350116

Jun-11 340100

May-11 37494


19 of 21



20/21

May-11 vs. May-12: The average months supply of inventory is down 38%


May-11 vs. May-12

7.8 -38%

William Cobb

4.8

May-12

Months Supply of Inventory

ChangeMay-11 %

-3.0




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


20 of 21



21/21

Months Supply of InventoryMay-11 vs. May-12: The average months supply of inventory is down 38%


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

May-12 512 1012,456 4.8

Apr-12 483 992,520 5.2

Mar-12 425 992,512 5.9

Feb-12 366 1032,470 6.7

Jan-12 292 1142,490 8.5

Dec-11 234 1022,446 10.5

Nov-11 252 962,635 10.5

Oct-11 295 982,676 9.1

Sep-11 295 1052,703 9.2

Aug-11 349 1152,752 7.9

Jul-11 350 1162,816 8.0

Jun-11 340 1002,894 8.5

May-11 374 942,912 7.8



21 of 21

east baton rouge parish home sales may 2011 vs may 2012

Documents