the lakes at highland subdivision baton rouge home sales q3 2011 vs q3 2014

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THE LAKES AT HIGHLAND BATON ROUGE HOME SALES REPORT Q3 2011 VS Q3 2014 Based on information from Greater Baton Rouge Association of REALTORS® \ MLS for period 07/01/2011 to 09/30/2014 , extracted on 10/26/2014 .

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The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014 The Lakes At Highland Subdivision Pinterest Board link: http://www.pinterest.com/billdcobb/the-lakes-at-highland-baton-rouge-70810/ Published by Bill Cobb, Greater Baton Rouge's Home Appraiser 225-293-1500 homeappraisalsbatonrouge.com Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 07/01/2011 to 09/30/2014, extracted on 10/26/2014.

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Page 1: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

THE LAKES AT

HIGHLAND

BATON ROUGE

HOME SALES

REPORT

Q3 2011 VS

Q3 2014

Based on information from

Greater Baton Rouge

Association of REALTORS®\MLS

for period 07/01/2011 to

09/30/2014, extracted on

10/26/2014.

Page 2: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-2014350,000

Q3-2011425,000

%-18

Change-75,000

Q3-2011 vs Q3-2014: The median sold price is down -18%Median Sold Price by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lakes At Highland ThePrice:

Page 3: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Median Sold Price by quarterQ3-2011 vs Q3-2014: The median sold price is down -18%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Q3 2014 350,000 3 148

Q2 2014 569,750 4 27

Q1 2014 461,750 2 126

Q4 2013 640,000 1 299

Q3 2013 498,500 4 38

Q2 2013 425,000 5 63

Q1 2013 635,000 1 4

Q4 2012 450,000 3 53

Q3 2012 479,000 5 67

Q2 2012 512,000 7 127

Q1 2012 0Q4 2011 539,000 3 97

Q3 2011 425,000 5 150

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 4: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20143

Q3-20115

%-40

Change-2

Q3-2011 vs Q3-2014: The number of Sold properties is down -40%Sold Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lakes At Highland ThePrice:

Page 5: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Sold Properties by quarterQ3-2011 vs Q3-2014: The number of Sold properties is down -40%

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 350,0003 148 1 33.3 322,000 2 66.7 352,500

Q2 2014 569,7504 27 0 0.0 4 100.0 569,750

Q1 2014 461,7502 126 1 50.0 351,500 1 50.0 572,000

Q4 2013 640,0001 299 0 0.0 1 100.0 640,000

Q3 2013 498,5004 38 1 25.0 635,000 3 75.0 380,000

Q2 2013 425,0005 63 0 0.0 5 100.0 425,000

Q1 2013 635,0001 4 0 0.0 1 100.0 635,000

Q4 2012 450,0003 53 0 0.0 3 100.0 450,000

Q3 2012 479,0005 67 1 20.0 479,000 4 80.0 462,500

Q2 2012 512,0007 127 3 42.9 635,000 4 57.1 456,000

Q1 2012 0 0 0

Q4 2011 539,0003 97 1 33.3 539,000 2 66.7 485,000

Q3 2011 425,0005 150 0 0.0 5 100.0 425,000

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 6: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20144

Q3-20116

%-33

Change-2

Q3-2011 vs Q3-2014: The number of Under Contract properties is down -33%Under Contract Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

Lakes At Highland The

Period: 3 Year QuarterlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Page 7: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Under Contract Properties by quarterQ3-2011 vs Q3-2014: The number of Under Contract properties is down -33%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 362,0004 116 365,00075.03350,00025.01Q2 2014 524,9502 44 524,950100.020.00Q1 2014 591,0004 68 597,00075.03379,90025.01Q4 2013 0 00Q3 2013 648,0005 90 516,45080.04649,90020.01Q2 2013 435,0003 80 435,000100.030.00Q1 2013 625,0003 25 625,000100.030.00Q4 2012 460,0001 26 460,000100.010.00Q3 2012 589,0005 76 589,000100.050.00Q2 2012 453,9508 55 392,45050.04581,50050.04Q1 2012 629,9001 545 629,900100.010.00Q4 2011 504,4502 105 469,90050.01539,00050.01Q3 2011 509,9506 139 509,950100.060.00

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 8: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20140

Q3-20111

%-100

Change-1

Q3-2011 vs Q3-2014: The number of Expired properties is down -100%Expired Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

10/26/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lakes At Highland ThePrice:

Page 9: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Expired Properties by quarterQ3-2011 vs Q3-2014: The number of Expired properties is down -100%

Accurate Valuations GroupWilliam Cobb

Median Price Units% BankAvg DOMUnits Median Price

Bank Properties

Units

Non-Bank Properties

% Non-Bank Median Price

Full Market

Q3 2014 0 0 0Q2 2014 365,0001 152 0 0.0 1 100.0 365,000Q1 2014 0 0 0Q4 2013 639,0001 173 0 0.0 1 100.0 639,000Q3 2013 544,9502 106 0 0.0 2 100.0 544,950Q2 2013 582,0003 66 0 0.0 3 100.0 582,000Q1 2013 425,0001 135 0 0.0 1 100.0 425,000Q4 2012 722,4502 148 0 0.0 2 100.0 722,450Q3 2012 399,0001 50 0 0.0 1 100.0 399,000Q2 2012 487,0004 328 0 0.0 4 100.0 487,000Q1 2012 0 0 0Q4 2011 0 0 0Q3 2011 429,9001 56 0 0.0 1 100.0 429,900

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 10: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-2014116

Q3-2011139

%-16

Change-22

Q3-2011 vs Q3-2014: The average days on market is down -16%The Average Days on Market by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Lakes At Highland TheAll 3 Year Quarterly

Subdivision:Period:Price:

Property Types: : Residential

10/26/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

Page 11: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

The Average Days on Market by quarterQ3-2011 vs Q3-2014: The average days on market is down -16%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodQ3 2014 4116Q2 2014 244Q1 2014 468Q4 2013 0Q3 2013 590Q2 2013 380Q1 2013 325Q4 2012 126Q3 2012 576Q2 2012 855Q1 2012 1545Q4 2011 2105Q3 2011 6139

Clarus MarketMetrics® 2/2 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

Page 12: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20144

Q3-20112

%100

Change2

Q3-2011 vs Q3-2014: The number of New properties is up 100%New Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lakes At Highland ThePrice:

Page 13: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

New Properties by quarterQ3-2011 vs Q3-2014: The number of New properties is up 100%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 656,4884 0 0.0 4 100.0 656,488Q2 2014 427,4002 0 0.0 2 100.0 427,400Q1 2014 570,0007 1 14.3 350,000 6 85.7 583,500Q4 2013 619,9502 0 0.0 2 100.0 619,950Q3 2013 379,9003 1 33.3 379,900 2 66.7 379,950Q2 2013 639,0007 1 14.3 649,900 6 85.7 608,450Q1 2013 582,0005 0 0.0 5 100.0 582,000Q4 2012 567,5004 0 0.0 4 100.0 567,500Q3 2012 460,0003 0 0.0 3 100.0 460,000Q2 2012 473,95012 3 25.0 498,000 9 75.0 449,900Q1 2012 375,0003 1 33.3 689,000 2 66.7 367,500Q4 2011 539,0001 1 100.0 539,000 0 0.0Q3 2011 419,9002 0 0.0 2 100.0 419,900

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 14: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-20149

Q3-201112

%-25

Change-3

Q3-2011 vs Q3-2014: The number of For Sale properties is down -25%For Sale Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lakes At Highland ThePrice:

Page 15: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

For Sale Properties by quarterQ3-2011 vs Q3-2014: The number of For Sale properties is down -25%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time Period

Q3 2014 647,9769 141 1 11.1 350,000 8 88.9 651,438Q2 2014 427,4008 116 1 12.5 350,000 7 87.5 479,900Q1 2014 577,50010 68 2 20.0 364,950 8 80.0 591,000Q4 2013 612,0004 93 1 25.0 379,900 3 75.0 639,000Q3 2013 639,0009 90 2 22.2 514,900 7 77.8 639,000Q2 2013 610,50012 84 1 8.3 649,900 11 91.7 582,000Q1 2013 582,0009 69 0 0.0 9 100.0 582,000Q4 2012 485,0007 73 0 0.0 7 100.0 485,000Q3 2012 460,0009 72 0 0.0 9 100.0 460,000Q2 2012 473,95018 112 4 22.2 581,500 14 77.8 429,900Q1 2012 575,0007 282 1 14.3 689,000 6 85.7 492,450Q4 2011 557,0006 303 1 16.7 539,000 5 83.3 575,000Q3 2011 519,95012 188 0 0.0 12 100.0 519,950

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Page 16: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-2011 vs Q3-2014: The median price of for sale properties is up 25% and the median price of sold properties is down -18%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

519,950 25

William Cobb

647,976Q3-2014

Median For Sale vs Median Sold

ChangeQ3-2011 %128,026

Q3-2011 Q3-2014 %425,000 -18

Q3-2011 vs. Q3-2014

350,000Change-75,000

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lakes At Highland ThePrice:

Page 17: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Median For Sale vs Median SoldQ3-2011 vs Q3-2014: The median price of for sale properties is up 25% and the median price of sold properties is down -18%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Q3 2014 9 3647,976 350,000 -297,976Q2 2014 8 4427,400 569,750 142,350Q1 2014 10 2577,500 461,750 -115,750Q4 2013 4 1612,000 640,000 28,000Q3 2013 9 4639,000 498,500 -140,500Q2 2013 12 5610,500 425,000 -185,500Q1 2013 9 1582,000 635,000 53,000Q4 2012 7 3485,000 450,000 -35,000Q3 2012 9 5460,000 479,000 19,000Q2 2012 18 7473,950 512,000 38,050Q1 2012 7 0575,000 -575,000Q4 2011 6 3557,000 539,000 -18,000Q3 2011 12 5519,950 425,000 -94,950

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

10/26/201422/

Page 18: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Q3-2011 vs Q3-2014: The number of for sale properties is down -25% and the number of sold properties is down -40%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

12 -25

William Cobb

9Q3-2014

Supply & Demand by quarter

ChangeQ3-2011 %-3

Q3-2011 Q3-2014 %5 -40

Q3-2011 vs. Q3-2014

3Change

-2

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Lakes At Highland ThePrice:

Page 19: The Lakes At Highland Subdivision Baton Rouge Home Sales Q3 2011 vs Q3 2014

Supply & Demand by quarterQ3-2011 vs Q3-2014: The number of for sale properties is down -25% and the number of sold properties is down -40%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Q3 2014 141 1489 3Q2 2014 116 278 4Q1 2014 68 12610 2Q4 2013 93 2994 1Q3 2013 90 389 4Q2 2013 84 6312 5Q1 2013 69 49 1Q4 2012 73 537 3Q3 2012 72 679 5Q2 2012 112 12718 7Q1 2012 2827 0Q4 2011 303 976 3Q3 2011 188 15012 5

Clarus MarketMetrics® 10/26/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/