greater baton rouge new homes sales for october 2014

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Oct-2014 176,900 Oct-2013 194,300 % -9 Change -17,400 Oct-2013 vs Oct-2014: The median sold price is down -9% Median Sold Price by Month Accurate Valuations Group Oct-2013 vs. Oct-2014 William Cobb Clarus MarketMetrics® 11/17/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners). 1/2 MLS: GBRAR Bedrooms: All All Construction Type: All 1 Year Monthly SqFt: Bathrooms: Lot Size: New All Square Footage Period: All Counties: Property Types: : Residential East Baton Rouge, Ascension, Livingston, West Baton Rouge Price:

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Greater Baton Rouge New Homes Sales For October 2014 Published by Bill Cobb, Greater Baton Rouge's Home Appraiser 225-293-1500 http://www.homeappraisalsbatonrouge.com GREATER BATON ROUGE REAL ESTATE DATA NOTE: Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 10/01/2013 to 10/31/2013 to 10/01/2014 to 10/31/2014, extracted on 11/17/2014.

TRANSCRIPT

Page 1: Greater Baton Rouge New Homes Sales For October 2014

Oct-2014176,900

Oct-2013194,300

%-9

Change-17,400

Oct-2013 vs Oct-2014: The median sold price is down -9%Median Sold Price by Month

Accurate Valuations Group

Oct-2013 vs. Oct-2014

William Cobb

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:New All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 2: Greater Baton Rouge New Homes Sales For October 2014

Median Sold Price by MonthOct-2013 vs Oct-2014: The median sold price is down -9%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Oct-14 176,900 5 71

Sep-14 206,900 51 70

Aug-14 200,197 104 79

Jul-14 216,015 103 79

Jun-14 218,900 107 92

May-14 219,372 110 104

Apr-14 206,400 91 100

Mar-14 203,924 90 87

Feb-14 199,750 76 88

Jan-14 208,635 66 44

Dec-13 201,020 93 63

Nov-13 202,697 80 42

Oct-13 194,300 79 71

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 3: Greater Baton Rouge New Homes Sales For October 2014

Oct-2013 vs Oct-2014: The median price of for sale properties is up 12% and the median price of sold properties is down -9%

Accurate Valuations Group

Oct-2013 vs. Oct-2014

204,400 12

William Cobb

229,900Oct-2014

Median For Sale vs Median Sold

ChangeOct-2013 %25,500

Oct-2013 Oct-2014 %194,300 -9

Oct-2013 vs. Oct-2014

176,900Change-17,400

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:New All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 4: Greater Baton Rouge New Homes Sales For October 2014

Median For Sale vs Median SoldOct-2013 vs Oct-2014: The median price of for sale properties is up 12% and the median price of sold properties is down -9%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Oct-14 283 5229,900 176,900 -53,000Sep-14 291 51227,900 206,900 -21,000Aug-14 317 104221,900 200,197 -21,703Jul-14 271 103221,900 216,015 -5,885Jun-14 256 107221,900 218,900 -3,000May-14 295 110204,000 219,372 15,372Apr-14 317 91208,390 206,400 -1,990Mar-14 342 90209,150 203,924 -5,226Feb-14 346 76210,012 199,750 -10,262Jan-14 376 66212,900 208,635 -4,265Dec-13 363 93209,150 201,020 -8,130Nov-13 374 80209,150 202,697 -6,453Oct-13 384 79204,400 194,300 -10,100

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

11/17/201422/

Page 5: Greater Baton Rouge New Homes Sales For October 2014

Oct-20145

Oct-201379

%-94

Change-74

Oct-2013 vs Oct-2014: The number of Sold properties is down -94%Sold Properties by Month

Accurate Valuations Group

Oct-2013 vs. Oct-2014

William Cobb

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:New All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 6: Greater Baton Rouge New Homes Sales For October 2014

Sold Properties by MonthOct-2013 vs Oct-2014: The number of Sold properties is down -94%

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

Oct-14 176,9005 71 0 0.0 5 100.0 176,900

Sep-14 206,90051 70 0 0.0 51 100.0 206,900

Aug-14 200,197104 79 1 1.0 216,800 103 99.0 199,440

Jul-14 216,015103 79 0 0.0 103 100.0 216,015

Jun-14 218,900107 92 0 0.0 107 100.0 218,900

May-14 219,372110 104 0 0.0 110 100.0 219,372

Apr-14 206,40091 100 0 0.0 91 100.0 206,400

Mar-14 203,92490 87 1 1.1 192,819 89 98.9 203,953

Feb-14 199,75076 88 0 0.0 76 100.0 199,750

Jan-14 208,63566 44 1 1.5 216,800 65 98.5 208,290

Dec-13 201,02093 63 0 0.0 93 100.0 201,020

Nov-13 202,69780 42 0 0.0 80 100.0 202,697

Oct-13 194,30079 71 0 0.0 79 100.0 194,300

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 7: Greater Baton Rouge New Homes Sales For October 2014

Oct-201448

Oct-201380

%-40

Change-32

Oct-2013 vs Oct-2014: The number of Under Contract properties is down -40%Under Contract Properties by Month

Accurate Valuations Group

Oct-2013 vs. Oct-2014

William Cobb

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

AllBathrooms: SqFt:New

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

East Baton Rouge, Ascension, Livingston, West Baton Rouge

Period: 1 Year MonthlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Counties:

Page 8: Greater Baton Rouge New Homes Sales For October 2014

Under Contract Properties by MonthOct-2013 vs Oct-2014: The number of Under Contract properties is down -40%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodOct-14 193,10048 70 193,100100.0480.00Sep-14 195,90047 67 195,900100.0470.00Aug-14 206,36578 58 206,365100.0780.00Jul-14 216,90097 60 216,900100.0970.00Jun-14 207,98079 70 207,980100.0790.00May-14 207,900106 97 207,900100.01060.00Apr-14 210,01286 127 210,012100.0860.00Mar-14 205,55596 83 205,45599.095216,8001.01Feb-14 215,00087 92 215,000100.0870.00Jan-14 209,90094 90 209,900100.0940.00Dec-13 204,90073 80 204,900100.0730.00Nov-13 203,90069 68 203,900100.0690.00Oct-13 194,90080 54 194,900100.0800.00

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 9: Greater Baton Rouge New Homes Sales For October 2014

Oct-201446

Oct-2013128

%-64

Change-82

Oct-2013 vs Oct-2014: The number of New properties is down -64%New Properties by Month

Accurate Valuations Group

Oct-2013 vs. Oct-2014

William Cobb

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:New All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 10: Greater Baton Rouge New Homes Sales For October 2014

New Properties by MonthOct-2013 vs Oct-2014: The number of New properties is down -64%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodOct-14 207,32146 0 0.0 46 100.0 207,321Sep-14 229,90061 0 0.0 61 100.0 229,900Aug-14 213,900163 0 0.0 163 100.0 213,900Jul-14 215,90097 0 0.0 97 100.0 215,900Jun-14 237,90077 0 0.0 77 100.0 237,900May-14 204,00073 0 0.0 73 100.0 204,000Apr-14 199,80075 0 0.0 75 100.0 199,800Mar-14 208,77092 1 1.1 216,800 91 98.9 208,390Feb-14 206,45076 0 0.0 76 100.0 206,450Jan-14 214,13790 0 0.0 90 100.0 214,137Dec-13 208,68562 0 0.0 62 100.0 208,685Nov-13 212,90072 0 0.0 72 100.0 212,900Oct-13 204,400128 0 0.0 128 100.0 204,400

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 11: Greater Baton Rouge New Homes Sales For October 2014

Oct-2014283

Oct-2013384

%-26

Change-101

Oct-2013 vs Oct-2014: The number of For Sale properties is down -26%For Sale Properties by Month

Accurate Valuations Group

Oct-2013 vs. Oct-2014

William Cobb

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:New All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 12: Greater Baton Rouge New Homes Sales For October 2014

For Sale Properties by MonthOct-2013 vs Oct-2014: The number of For Sale properties is down -26%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time Period

Oct-14 229,900283 96 0 0.0 283 100.0 229,900Sep-14 227,900291 81 0 0.0 291 100.0 227,900Aug-14 221,900317 69 0 0.0 317 100.0 221,900Jul-14 221,900271 91 0 0.0 271 100.0 221,900Jun-14 221,900256 100 0 0.0 256 100.0 221,900May-14 204,000295 112 0 0.0 295 100.0 204,000Apr-14 208,390317 148 0 0.0 317 100.0 208,390Mar-14 209,150342 143 1 0.3 216,800 341 99.7 209,150Feb-14 210,012346 147 0 0.0 346 100.0 210,012Jan-14 212,900376 143 0 0.0 376 100.0 212,900Dec-13 209,150363 143 0 0.0 363 100.0 209,150Nov-13 209,150374 128 0 0.0 374 100.0 209,150Oct-13 204,400384 114 0 0.0 384 100.0 204,400

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 13: Greater Baton Rouge New Homes Sales For October 2014

Oct-20146

Oct-20132

%200

Change4

Oct-2013 vs Oct-2014: The number of Expired properties is up 200%Expired Properties by Month

Accurate Valuations Group

Oct-2013 vs. Oct-2014

William Cobb

11/17/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:New All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 14: Greater Baton Rouge New Homes Sales For October 2014

Expired Properties by MonthOct-2013 vs Oct-2014: The number of Expired properties is up 200%

Accurate Valuations GroupWilliam Cobb

Median Price Units% BankAvg DOMUnits Median Price

Bank Properties

Units

Non-Bank Properties

% Non-Bank Median Price

Full Market

Oct-14 237,0506 145 0 0.0 6 100.0 237,050Sep-14 419,9007 53 0 0.0 7 100.0 419,900Aug-14 252,9009 109 0 0.0 9 100.0 252,900Jul-14 161,90020 120 0 0.0 20 100.0 161,900Jun-14 220,0003 86 0 0.0 3 100.0 220,000May-14 178,95510 144 0 0.0 10 100.0 178,955Apr-14 407,9009 1,026 0 0.0 9 100.0 407,900Mar-14 257,9504 152 0 0.0 4 100.0 257,950Feb-14 179,9009 155 0 0.0 9 100.0 179,900Jan-14 298,45012 157 0 0.0 12 100.0 298,450Dec-13 1,047,5004 166 0 0.0 4 100.0 1,047,500Nov-13 186,4004 170 0 0.0 4 100.0 186,400Oct-13 287,4492 187 0 0.0 2 100.0 287,449

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 15: Greater Baton Rouge New Homes Sales For October 2014

Oct-2013 vs Oct-2014: The number of for sale properties is down -26% and the number of sold properties is down -94%

Accurate Valuations Group

Oct-2013 vs. Oct-2014

384 -26

William Cobb

283Oct-2014

Supply & Demand by Month

ChangeOct-2013 %-101

Oct-2013 Oct-2014 %79 -94

Oct-2013 vs. Oct-2014

5Change

-74

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:New All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 16: Greater Baton Rouge New Homes Sales For October 2014

Supply & Demand by MonthOct-2013 vs Oct-2014: The number of for sale properties is down -26% and the number of sold properties is down -94%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Oct-14 96 71283 5Sep-14 81 70291 51Aug-14 69 79317 104Jul-14 91 79271 103Jun-14 100 92256 107May-14 112 104295 110Apr-14 148 100317 91Mar-14 143 87342 90Feb-14 147 88346 76Jan-14 143 44376 66Dec-13 143 63363 93Nov-13 128 42374 80Oct-13 114 71384 79

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 17: Greater Baton Rouge New Homes Sales For October 2014

Oct-201470

Oct-201354

%31

Change17

Oct-2013 vs Oct-2014: The average days on market is up 31%The Average Days on Market by Month

Accurate Valuations Group

Oct-2013 vs. Oct-2014

William Cobb

East Baton Rouge, Ascension, Livingston, West Baton RougeAll 1 Year Monthly

Counties:Period:Price:

Property Types: : Residential

11/17/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

All Lot Size:Bathrooms:NewConstruction Type:MLS: GBRAR

Page 18: Greater Baton Rouge New Homes Sales For October 2014

The Average Days on Market by MonthOct-2013 vs Oct-2014: The average days on market is up 31%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodOct-14 4870Sep-14 4767Aug-14 7858Jul-14 9760Jun-14 7970May-14 10697Apr-14 86127Mar-14 9683Feb-14 8792Jan-14 9490Dec-13 7380Nov-13 6968Oct-13 8054

Clarus MarketMetrics® 2/2 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

Page 19: Greater Baton Rouge New Homes Sales For October 2014

Oct-2013 vs Oct-2014: The average months supply of inventory is up 26.0%

Accurate Valuations Group

Oct-2013 vs. Oct-2014

3.8 26.0

William Cobb

4.8Oct-2014

Months Supply of Inventory

ChangeOct-2013 %1.0

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:New All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 20: Greater Baton Rouge New Homes Sales For October 2014

Months Supply of InventoryOct-2013 vs Oct-2014: The average months supply of inventory is up 26.0%

William Cobb Accurate Valuations Group

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

UC Avg DOMTime Period

Oct-14 48 70229 4.8Sep-14 47 67237 5.0Aug-14 78 58230 2.9Jul-14 97 60154 1.6Jun-14 79 70174 2.2May-14 106 97179 1.7Apr-14 86 127222 2.6Mar-14 96 83242 2.5Feb-14 87 92250 2.9Jan-14 94 90270 2.9Dec-13 73 80286 3.9Nov-13 69 68301 4.4Oct-13 80 54302 3.8

Clarus MarketMetrics® 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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