three years of east baton rouge multi-family sales 2011 vs 2014
DESCRIPTION
Three Years of East Baton Rouge Multi-Family Sales 2011 vs 2014 Published by Bill Cobb, Greater Baton Rouge's Home Appraiser 225-293-1500 http://www.homeappraisalsbatonrouge.com Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 07/01/2011 to 09/30/2014, extracted on 10/22/2014.TRANSCRIPT
Q3-201498,750
Q3-201158,715
%68
Change40,035
Q3-2011 vs Q3-2014: The median sold price is up 68%Median Sold Price by quarter
Accurate Valuations Group
Q3-2011 vs. Q3-2014
William Cobb
Clarus MarketMetrics® 10/22/2014Information 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
Counties:Property Types: : Multi-Family
East Baton RougePrice:
Median Sold Price by quarterQ3-2011 vs Q3-2014: The median sold price is up 68%
Accurate Valuations GroupWilliam Cobb
Sold Median Price Units Avg DOMTime Period
Q3 2014 98,750 12 54
Q2 2014 91,500 16 111
Q1 2014 66,149 16 153
Q4 2013 98,500 22 292
Q3 2013 104,500 30 65
Q2 2013 70,000 25 173
Q1 2013 75,500 34 98
Q4 2012 78,000 26 89
Q3 2012 92,500 20 81
Q2 2012 95,000 24 135
Q1 2012 82,950 18 112
Q4 2011 115,000 32 172
Q3 2011 58,715 18 105
Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
22/
Q3-2011 vs Q3-2014: The median price of for sale properties is up 30% and the median price of sold properties is up 68%
Accurate Valuations Group
Q3-2011 vs. Q3-2014
115,000 30
William Cobb
149,900Q3-2014
Median For Sale vs Median Sold
ChangeQ3-2011 %34,900
Q3-2011 Q3-2014 %58,715 68
Q3-2011 vs. Q3-2014
98,750Change40,035
Clarus MarketMetrics® 10/22/2014Information 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
Counties:Property Types: : Multi-Family
East Baton RougePrice:
Median For Sale vs Median SoldQ3-2011 vs Q3-2014: The median price of for sale properties is up 30% and the median price of sold properties is up 68%
Accurate Valuations GroupWilliam Cobb
For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference
Time Period
Q3 2014 117 12149,900 98,750 -51,150Q2 2014 123 16145,000 91,500 -53,500Q1 2014 119 16145,000 66,149 -78,851Q4 2013 133 22122,000 98,500 -23,500Q3 2013 137 30125,000 104,500 -20,500Q2 2013 139 25135,000 70,000 -65,000Q1 2013 142 34125,000 75,500 -49,500Q4 2012 142 26110,000 78,000 -32,000Q3 2012 152 20110,000 92,500 -17,500Q2 2012 143 24108,000 95,000 -13,000Q1 2012 133 18109,000 82,950 -26,050Q4 2011 138 32109,000 115,000 6,000Q3 2011 126 18115,000 58,715 -56,285
Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
10/22/201422/
Q3-201412
Q3-201118
%-33
Change-6
Q3-2011 vs Q3-2014: The number of Sold properties is down -33%Sold Properties by quarter
Accurate Valuations Group
Q3-2011 vs. Q3-2014
William Cobb
Clarus MarketMetrics® 10/22/2014Information 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
Counties:Property Types: : Multi-Family
East Baton RougePrice:
Sold Properties by quarterQ3-2011 vs Q3-2014: The number of Sold properties is down -33%
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 98,75012 54 1 8.3 65,000 11 91.7 100,000
Q2 2014 91,50016 111 0 0.0 16 100.0 91,500
Q1 2014 66,14916 153 6 37.5 63,650 10 62.5 73,375
Q4 2013 98,50022 292 4 18.2 67,024 18 81.8 104,750
Q3 2013 104,50030 65 8 26.7 71,950 22 73.3 114,950
Q2 2013 70,00025 173 9 36.0 38,000 16 64.0 95,840
Q1 2013 75,50034 98 17 50.0 40,175 17 50.0 80,000
Q4 2012 78,00026 89 10 38.5 50,375 16 61.5 105,000
Q3 2012 92,50020 81 10 50.0 42,250 10 50.0 138,086
Q2 2012 95,00024 135 7 29.2 38,340 17 70.8 129,000
Q1 2012 82,95018 112 9 50.0 35,000 9 50.0 177,500
Q4 2011 115,00032 172 8 25.0 60,750 24 75.0 125,000
Q3 2011 58,71518 105 7 38.9 40,000 11 61.1 98,000
Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
22/
Q3-201413
Q3-201126
%-50
Change-13
Q3-2011 vs Q3-2014: The number of Under Contract properties is down -50%Under Contract Properties by quarter
Accurate Valuations Group
Q3-2011 vs. Q3-2014
William Cobb
Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
1/2
AllBathrooms: SqFt:All
: Multi-Family
All Square FootageConstruction Type: Lot Size:GBRAR
East Baton Rouge
Period: 3 Year QuarterlyPrice:MLS:
All AllAll
Property Types:
Bedrooms:
Counties:
Under Contract Properties by quarterQ3-2011 vs Q3-2014: The number of Under Contract properties is down -50%
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 115,00013 54 129,00084.61166,25015.42Q2 2014 148,50015 56 149,25093.314120,0006.71Q1 2014 51,50012 212 60,00075.0943,00025.03Q4 2013 107,00027 265 107,00077.82184,45022.26Q3 2013 77,05024 55 122,50066.71662,45033.38Q2 2013 85,00023 115 145,00069.61634,65030.47Q1 2013 85,00030 123 117,50060.01858,45040.012Q4 2012 100,00029 120 105,00062.11850,00037.911Q3 2012 77,50024 75 143,90058.31441,00041.710Q2 2012 99,90021 111 110,00061.91349,45038.18Q1 2012 60,45026 124 150,00042.31135,00057.715Q4 2011 135,00023 144 135,00078.31836,50021.75Q3 2011 87,70626 161 115,00065.41767,90034.69
Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
22/
Q3-201426
Q3-201147
%-45
Change-21
Q3-2011 vs Q3-2014: The number of New properties is down -45%New Properties by quarter
Accurate Valuations Group
Q3-2011 vs. Q3-2014
William Cobb
Clarus MarketMetrics® 10/22/2014Information 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
Counties:Property Types: : Multi-Family
East Baton RougePrice:
New Properties by quarterQ3-2011 vs Q3-2014: The number of New properties is down -45%
Accurate Valuations GroupWilliam Cobb
Median Price UnitsUnits Median Price% Non-Bank
Full Market
% BankMedian Price
Bank Properties
Units
Non-Bank Properties
Time PeriodQ3 2014 162,50026 1 3.8 34,980 25 96.2 165,000Q2 2014 101,00036 6 16.7 55,000 30 83.3 135,000Q1 2014 150,00035 3 8.6 95,900 32 91.4 150,000Q4 2013 112,00037 9 24.3 84,900 28 75.7 129,450Q3 2013 104,95040 11 27.5 74,900 29 72.5 139,900Q2 2013 120,00052 8 15.4 43,950 44 84.6 139,900Q1 2013 154,95064 19 29.7 59,990 45 70.3 170,000Q4 2012 93,25040 9 22.5 49,900 31 77.5 120,000Q3 2012 119,50048 11 22.9 64,900 37 77.1 125,000Q2 2012 99,45056 17 30.4 50,000 39 69.6 100,000Q1 2012 127,95042 8 19.0 33,950 34 81.0 142,500Q4 2011 109,00058 15 25.9 37,620 43 74.1 109,000Q3 2011 107,00047 15 31.9 67,900 32 68.1 108,500
Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
22/
Q3-2014117
Q3-2011126
%-7
Change-9
Q3-2011 vs Q3-2014: The number of For Sale properties is down -7%For Sale Properties by quarter
Accurate Valuations Group
Q3-2011 vs. Q3-2014
William Cobb
Clarus MarketMetrics® 10/22/2014Information 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
Counties:Property Types: : Multi-Family
East Baton RougePrice:
For Sale Properties by quarterQ3-2011 vs Q3-2014: The number of For Sale properties is down -7%
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 149,900117 248 10 8.5 62,500 107 91.5 160,000Q2 2014 145,000123 224 13 10.6 67,500 110 89.4 149,950Q1 2014 145,000119 233 11 9.2 81,000 108 90.8 150,000Q4 2013 122,000133 248 17 12.8 84,000 116 87.2 132,000Q3 2013 125,000137 213 18 13.1 77,050 119 86.9 139,900Q2 2013 135,000139 189 16 11.5 47,450 123 88.5 144,900Q1 2013 125,000142 183 25 17.6 59,900 117 82.4 144,900Q4 2012 110,000142 214 22 15.5 52,300 120 84.5 118,000Q3 2012 110,000152 190 30 19.7 64,950 122 80.3 116,000Q2 2012 108,000143 172 29 20.3 59,900 114 79.7 110,000Q1 2012 109,000133 196 30 22.6 39,500 103 77.4 115,000Q4 2011 109,000138 190 28 20.3 40,000 110 79.7 115,000Q3 2011 115,000126 216 22 17.5 67,700 104 82.5 125,000
Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
22/
Q3-201433
Q3-201120
%65
Change13
Q3-2011 vs Q3-2014: The number of Expired properties is up 65%Expired Properties by quarter
Accurate Valuations Group
Q3-2011 vs. Q3-2014
William Cobb
10/22/2014Clarus MarketMetrics® 1/2
MLS: GBRAR Bedrooms:AllAll
Construction Type:All3 Year Quarterly SqFt:
Bathrooms: Lot Size:All All Square FootagePeriod:All
Counties:Property Types: : Multi-Family
East Baton RougePrice:
Expired Properties by quarterQ3-2011 vs Q3-2014: The number of Expired properties is up 65%
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 129,00033 219 4 12.1 45,000 29 87.9 165,000Q2 2014 120,00017 232 3 17.6 95,000 14 82.4 135,950Q1 2014 91,50020 274 1 5.0 81,000 19 95.0 98,000Q4 2013 148,50022 256 3 13.6 279,000 19 86.4 148,500Q3 2013 149,90017 196 2 11.8 125,000 15 88.2 160,000Q2 2013 170,00019 183 2 10.5 47,450 17 89.5 180,000Q1 2013 124,90025 181 5 20.0 77,000 20 80.0 137,500Q4 2012 115,00035 252 5 14.3 112,000 30 85.7 117,000Q3 2012 119,95026 201 7 26.9 149,900 19 73.1 110,000Q2 2012 109,00018 173 2 11.1 32,350 16 88.9 109,450Q1 2012 85,00020 332 3 15.0 40,000 17 85.0 105,000Q4 2011 146,70024 215 1 4.2 210,000 23 95.8 139,900Q3 2011 121,00020 210 0 0.0 20 100.0 121,000
Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
22/
Q3-2011 vs Q3-2014: The number of for sale properties is down -7% and the number of sold properties is down -33%
Accurate Valuations Group
Q3-2011 vs. Q3-2014
126 -7
William Cobb
117Q3-2014
Supply & Demand by quarter
ChangeQ3-2011 %-9
Q3-2011 Q3-2014 %18 -33
Q3-2011 vs. Q3-2014
12Change
-6
Clarus MarketMetrics® 10/22/2014Information 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
Counties:Property Types: : Multi-Family
East Baton RougePrice:
Supply & Demand by quarterQ3-2011 vs Q3-2014: The number of for sale properties is down -7% and the number of sold properties is down -33%
William Cobb Accurate Valuations Group
For Sale Sold# Properties
Avg DOM Avg DOM# Properties
Time Period
Q3 2014 248 54117 12Q2 2014 224 111123 16Q1 2014 233 153119 16Q4 2013 248 292133 22Q3 2013 213 65137 30Q2 2013 189 173139 25Q1 2013 183 98142 34Q4 2012 214 89142 26Q3 2012 190 81152 20Q2 2012 172 135143 24Q1 2012 196 112133 18Q4 2011 190 172138 32Q3 2011 216 105126 18
Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).
22/
Q3-201454
Q3-2011161
%-67
Change-107
Q3-2011 vs Q3-2014: The average days on market is down -67%The Average Days on Market by quarter
Accurate Valuations Group
Q3-2011 vs. Q3-2014
William Cobb
East Baton RougeAll 3 Year Quarterly
Counties:Period:Price:
Property Types: : Multi-Family
10/22/20141/2Clarus MarketMetrics®
All Square FootageBedrooms: All AllSqFt:
All Lot Size:Bathrooms:AllConstruction Type:MLS: GBRAR
The Average Days on Market by quarterQ3-2011 vs Q3-2014: The average days on market is down -67%
Accurate Valuations GroupWilliam Cobb
# UC UnitsAvg DOMTime PeriodQ3 2014 1354Q2 2014 1556Q1 2014 12212Q4 2013 27265Q3 2013 2455Q2 2013 23115Q1 2013 30123Q4 2012 29120Q3 2012 2475Q2 2012 21111Q1 2012 26124Q4 2011 23144Q3 2011 26161
Clarus MarketMetrics® 2/2 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).