greater baton rouge foreclosure home sales improvement report q3 2011 vs q3 2014

12
FORECLOSURE DECLINE STATS Q3 2011 vs Q3 2014 GREATER BATON ROUGE REAL ESTATE DATA NOTE: BASED ON INFORMATION FROM GREATER BATON ROUGE ASSOCIATION OF REALTORS®\MLS FOR PERIOD Q3 2011 TO Q3 2014, EXTRACTED ON 10/01/2014.

Upload: bill-cobb-appraiser

Post on 13-Jun-2015

543 views

Category:

Real Estate


1 download

DESCRIPTION

Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014 This report shows the % decline of Bank Owned Foreclosure sales within Greater Baton Rouge Nine Parish MSA, East Baton Rouge, Ascension, Livingston and West Baton Rouge Parishes. Published by Bill Cobb, Greater Baton Rouge's Home Appraiser 225-293-1500 http://www.batonrougehousingreports.com Chart 1: 9 Parish MSA -30% Chart 2: EAST BATON ROUGE -32% Chart 3: ASCENSION -34% Chart 4: LIVINGSTON -21% Chart 5: WEST BATON ROUGE -67% For ALL Residential property types NOTE: Image source for msa map is Baton Rouge Chamber of Commerce GREATER BATON ROUGE REAL ESTATE DATA NOTE: Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period Q3 2011 to Q3 2014, extracted on 10/01/2014.

TRANSCRIPT

Page 1: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

FORECLOSURE DECLINE STATS

Q3 2011 vs Q3 2014

GREATER BATON ROUGE REAL ESTATE DATA NOTE:

BASED ON INFORMATION FROM GREATER BATON ROUGE ASSOCIATION OF REALTORS®\MLS FOR PERIOD Q3 2011 TO Q3 2014,

EXTRACTED ON 10/01/2014.

Page 2: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

There Are 5 Charts

Showing Declines -

ImprovementCHART 1: 9 PARISH MSA SHOWS -30% CHART 2: EAST BATON ROUGE -32% CHART 3: ASCENSION -34% CHART 4: LIVINGSTON -21% CHART 5: WEST BATON ROUGE -67%

FOR ALL RESIDENTIAL PROPERTY TYPES NOTE: IMAGE SOURCE FOR MSA MAP IS BATON ROUGE CHAMBER OF COMMERCE

Page 3: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Q3-2014283

Q3-2011406

%-30

Change-123

Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -30%Sold Properties by quarter (Bank)

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton Rouge, Pointe Coupee, Iberville, West Feliciana, East Feliciana, St HelenaPrice:

Page 4: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Sold Properties by quarter (Bank)Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -30%

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 180,8502,306 80 283 12.3 101,000 2,023 87.7 187,732

Q2 2014 179,0002,563 87 330 12.9 106,500 2,233 87.1 190,000

Q1 2014 170,9501,746 92 347 19.9 92,500 1,399 80.1 184,900

Q4 2013 175,0001,864 86 338 18.1 87,032 1,526 81.9 188,000

Q3 2013 174,9002,433 79 368 15.1 101,250 2,065 84.9 185,000

Q2 2013 176,5002,450 88 452 18.4 104,700 1,998 81.6 185,342

Q1 2013 168,2471,748 99 330 18.9 98,875 1,418 81.1 179,427

Q4 2012 167,9001,721 92 364 21.2 91,000 1,357 78.8 184,000

Q3 2012 171,0002,041 97 389 19.1 95,500 1,652 80.9 184,500

Q2 2012 169,0002,119 97 443 20.9 100,000 1,676 79.1 179,900

Q1 2012 160,0001,572 107 402 25.6 103,250 1,170 74.4 175,000

Q4 2011 162,9501,478 102 360 24.4 101,750 1,118 75.6 180,000

Q3 2011 168,1001,934 94 406 21.0 99,500 1,528 79.0 179,900

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 5: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Q3-2014164

Q3-2011242

%-32

Change-78

Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -32%Sold Properties by quarter (Bank)

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton RougePrice:

Page 6: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Sold Properties by quarter (Bank)Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -32%

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 182,2501,248 83 164 13.1 79,950 1,084 86.9 190,500

Q2 2014 179,5001,417 86 189 13.3 85,000 1,228 86.7 195,000

Q1 2014 169,950922 93 186 20.2 71,769 736 79.8 189,900

Q4 2013 178,2751,018 86 195 19.2 68,000 823 80.8 198,000

Q3 2013 176,5571,298 81 210 16.2 78,500 1,088 83.8 191,597

Q2 2013 177,5001,423 91 280 19.7 87,950 1,143 80.3 190,000

Q1 2013 168,935968 100 194 20.0 80,000 774 80.0 186,250

Q4 2012 170,0001,000 93 214 21.4 76,750 786 78.6 189,800

Q3 2012 176,9001,107 95 213 19.2 82,000 894 80.8 189,950

Q2 2012 169,7001,228 91 254 20.7 90,000 974 79.3 185,000

Q1 2012 162,000843 105 225 26.7 75,951 618 73.3 180,000

Q4 2011 164,000833 101 214 25.7 84,249 619 74.3 186,000

Q3 2011 170,0001,060 98 242 22.8 89,750 818 77.2 184,950

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 7: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Q3-201442

Q3-201164

%-34

Change-22

Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -34%Sold Properties by quarter (Bank)

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Counties:Property Types: : Residential

AscensionPrice:

Page 8: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Sold Properties by quarter (Bank)Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -34%

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 206,310443 61 42 9.5 185,101 401 90.5 207,500

Q2 2014 199,000482 66 65 13.5 158,615 417 86.5 201,725

Q1 2014 195,000363 79 63 17.4 185,500 300 82.6 197,955

Q4 2013 195,500339 63 50 14.7 146,950 289 85.3 200,000

Q3 2013 192,000511 66 58 11.4 150,511 453 88.6 195,000

Q2 2013 197,575472 77 70 14.8 173,500 402 85.2 200,052

Q1 2013 185,000345 93 59 17.1 151,000 286 82.9 190,899

Q4 2012 188,000301 86 57 18.9 140,000 244 81.1 190,000

Q3 2012 182,250420 88 73 17.4 145,000 347 82.6 189,000

Q2 2012 184,950386 108 68 17.6 173,099 318 82.4 186,250

Q1 2012 183,900329 105 79 24.0 150,000 250 76.0 187,150

Q4 2011 186,200306 94 59 19.3 148,000 247 80.7 192,900

Q3 2011 190,000391 86 64 16.4 165,750 327 83.6 191,000

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 9: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Q3-201462

Q3-201178

%-21

Change-16

Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -21%Sold Properties by quarter (Bank)

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Counties:Property Types: : Residential

LivingstonPrice:

Page 10: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Sold Properties by quarter (Bank)Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -21%

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 160,145453 78 62 13.7 122,750 391 86.3 165,000

Q2 2014 159,900473 97 57 12.1 110,000 416 87.9 163,300

Q1 2014 150,715311 106 79 25.4 99,574 232 74.6 160,000

Q4 2013 153,000341 90 72 21.1 112,450 269 78.9 162,650

Q3 2013 154,900437 85 83 19.0 129,000 354 81.0 158,247

Q2 2013 152,250394 85 80 20.3 111,530 314 79.7 161,250

Q1 2013 150,595306 101 61 19.9 108,999 245 80.1 156,000

Q4 2012 146,700278 91 64 23.0 91,000 214 77.0 155,450

Q3 2012 149,900344 101 77 22.4 83,100 267 77.6 160,000

Q2 2012 147,650356 100 88 24.7 98,845 268 75.3 155,325

Q1 2012 139,950282 105 72 25.5 116,000 210 74.5 147,250

Q4 2011 146,000215 98 62 28.8 117,000 153 71.2 151,700

Q3 2011 140,100342 98 78 22.8 98,900 264 77.2 149,900

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 11: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Q3-20143

Q3-20119

%-67

Change-6

Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -67%Sold Properties by quarter (Bank)

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Counties:Property Types: : Residential

West Baton RougePrice:

Page 12: Greater Baton Rouge Foreclosure Home Sales Improvement Report Q3 2011 vs Q3 2014

Sold Properties by quarter (Bank)Q3-2011 vs Q3-2014: The number of Sold (Bank) properties is down -67%

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 203,00055 123 3 5.5 103,000 52 94.5 206,400

Q2 2014 193,98476 106 7 9.2 90,000 69 90.8 194,765

Q1 2014 187,91460 66 3 5.0 115,000 57 95.0 189,915

Q4 2013 171,00762 84 8 12.9 84,125 54 87.1 172,450

Q3 2013 196,81276 71 5 6.6 108,900 71 93.4 200,000

Q2 2013 172,90061 92 12 19.7 103,450 49 80.3 195,000

Q1 2013 188,90051 90 4 7.8 162,120 47 92.2 188,900

Q4 2012 192,25056 86 9 16.1 62,000 47 83.9 200,300

Q3 2012 181,40073 110 9 12.3 120,700 64 87.7 184,500

Q2 2012 184,50057 105 10 17.5 120,004 47 82.5 186,700

Q1 2012 174,00043 89 6 14.0 97,450 37 86.0 186,000

Q4 2011 174,95052 140 6 11.5 129,500 46 88.5 179,950

Q3 2011 183,70060 87 9 15.0 182,500 51 85.0 184,900

Clarus MarketMetrics® 10/02/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/