west baton rouge home sales march 2012 vs march 2013

7/28/2019 West Baton Rouge Home Sales March 2012 vs March 2013

1/21

04/21/2013Clarus MarketMetrics

Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

West Baton Rouge, Louisiana ALL WBRP

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21


2/21

Mar-13

185,000

Mar-12

179,900

%

+3%

Change

5,100

Mar-12 vs. Mar-13: The median sold price is up 3%Median Sold Price by Month

Accurate Valuations Group

Mar-12 vs. Mar-13

William Cobb

Clarus MarketMetrics 1 of 2 04/21/2013


AllBathrooms:MLS: AllAll

Sq Ft:

WBR MLS AREA 70

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

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3/21

Median Sold Price by MonthMar-12 vs. Mar-13: The median sold price is up 3%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Mar-13 185,000 20 107

Feb-13 198,722 20 88

J an-13 169,900 9 75

Dec-12 188,950 20 95

Nov-12 195,665 19 80

Oct-12 192,500 17 80

Sep-12 173,400 18 97

Aug-12 173,900 27 130

J ul-12 187,250 28 101

J un-12 186,400 20 87

May-12 175,650 26 113

Apr-12 186,700 11 121

Mar-12 179,900 14 98



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4/21

Mar-12 vs. Mar-13: The median price of for sale properties is up 9% and the median price of sold properties is up 3%


Mar-12 vs. Mar-13

175,000 +9%

William Cobb

190,000

Mar-13

Median For Sale vs. Median Sold

ChangeMar-12 %

15,000

Mar-12 Mar-13 %

179,900 +3%

Mar-12 vs. Mar-13

185,000

Change

5,100




Sq Ft:

WBR MLS AREA 70


Period: All All

Property Types:

MLS Area:

All


4 of 21


5/21

Median For Sale vs. Median SoldMar-12 vs. Mar-13: The median price of for sale properties is up 9% and the median price of sold properties is up 3%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Mar-13 143 20190,000 185,000 -5,000

Feb-13 118 20184,816 198,722 13,907

J an-13 119 9181,900 169,900 -12,000

Dec-12 108 20192,047 188,950 -3,097

Nov-12 115 19189,000 195,665 6,665

Oct-12 116 17183,000 192,500 9,500

Sep-12 122 18189,900 173,400 -16,500

Aug-12 117 27184,900 173,900 -11,000

J ul-12 123 28189,000 187,250 -1,750

J un-12 123 20184,500 186,400 1,900

May-12 134 26187,400 175,650 -11,750

Apr-12 134 11178,500 186,700 8,200

Mar-12 127 14175,000 179,900 4,900

Clarus MarketMetricsInformation not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 04/21/2013

5 of 21


6/21

Mar-13

20

Mar-12

14

%

+43%

Change

6

Mar-12 vs. Mar-13: The number of Sold properties is up 43%Sold Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

WBR MLS AREA 70


Period: All All

Property Types:

MLS Area:

All


6 of 21


7/21

Sold Properties by MonthMar-12 vs. Mar-13: The number of Sold properties is up 43%


Time Period #Properties Median Price Average DOMMar-13 185,00020 107

Feb-13 198,72220 88

J an-13 169,9009 75

Dec-12 188,95020 95

Nov-12 195,66519 80

Oct-12 192,50017 80

Sep-12 173,40018 97

Aug-12 173,90027 130J ul-12 187,25028 101

J un-12 186,40020 87

May-12 175,65026 113

Apr-12 186,70011 121

Mar-12 179,90014 98

Clarus MarketMetrics 2 of 2 04/21/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

7 of 21


8/21

Mar-13

41

Mar-12

20

%

+105%

Change

21

Mar-12 vs. Mar-13: The number of Under Contract properties is up 105%Under Contract Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

WBR MLS AREA 70


Period: All All

Property Types:

MLS Area:

All


8 of 21


9/21

Under Contract Properties by MonthMar-12 vs. Mar-13: The number of Under Contract properties is up 105%



Feb-13 218,90019 72

J an-13 181,90021 57

Dec-12 201,70014 140

Nov-12 181,45022 98

Oct-12 187,00025 93

Sep-12 194,90020 88

Aug-12 175,70012 119J ul-12 188,54521 130

J un-12 185,85024 98

May-12 189,00026 120

Apr-12 180,65024 95

Mar-12 188,40020 97


9 of 21


10/21

Mar-13

48

Mar-12

25

%

+92%

Change

23

Mar-12 vs. Mar-13: The number of New propert ies is up 92%New Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

WBR MLS AREA 70


Period: All All

Property Types:

MLS Area:

All


10 of 21


11/21

New Properties by MonthMar-12 vs. Mar-13: The number of New properties is up 92%


Time Period #Properties Median PriceMar-13 211,30048

Feb-13 191,50021

J an-13 179,00033

Dec-12 192,09423

Nov-12 198,90030

Oct-12 172,90019

Sep-12 192,00026

Aug-12 160,70026J ul-12 216,90029

J un-12 179,90025

May-12 202,20031

Apr-12 185,40032

Mar-12 171,90025


11 of 21


12/21

Mar-13

143

Mar-12

127

%

+13%

Change

16

Mar-12 vs. Mar-13: The number of For Sale properties is up 13%For Sale Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

WBR MLS AREA 70


Period: All All

Property Types:

MLS Area:

All


12 of 21


13/21

For Sale Properties by MonthMar-12 vs. Mar-13: The number of For Sale properties is up 13%



Feb-13 184,816118 122

J an-13 181,900119 111

Dec-12 192,047108 127

Nov-12 189,000115 126

Oct-12 183,000116 137

Sep-12 189,900122 128

Aug-12 184,900117 133J ul-12 189,000123 146

J un-12 184,500123 147

May-12 187,400134 151

Apr-12 178,500134 153

Mar-12 175,000127 159


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14/21

Mar-13

4

Mar-12

5

%

-20%

Change

-1

Mar-12 vs. Mar-13: The number of Expired propert ies is down 20%Expired Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

WBR MLS AREA 70


Period: All All

Property Types:

MLS Area:

All


14 of 21


15/21

Expired Properties by MonthMar-12 vs. Mar-13: The number of Expired properties is down 20%


Time Period Median Price# Properties Average DOMMar-13 147,9504 164

Feb-13 161,0004 111

J an-13 215,5001 236

Dec-12 163,9508 174

Nov-12 194,7008 165

Oct-12 192,4006 291

Sep-12 220,9085 149

Aug-12 169,9009 207J ul-12 172,00011 239

J un-12 240,0005 168

May-12 182,95010 202

Apr-12 159,0007 193

Mar-12 85,0005 146


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16/21

Mar-12 vs. Mar-13: The number of for sale properties is up 13% and the number of so ld properties is up 43%


Mar-12 vs. Mar-13

127 +13%

William Cobb

143

Mar-13

Supply & Demand by Month

ChangeMar-12 %

16

Mar-12 Mar-13 %

14 +43%

Mar-12 vs. Mar-13

20

Change

6



Sq Ft:

WBR MLS AREA 70


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 MonthMar-12 vs. Mar-13: The number of for sale properties is up 13% and the number of so ld properties is up 43%

William Cobb Accurate Valuations Group

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

Mar-13 110 107143 20

Feb-13 122 88118 20

J an-13 111 75119 9

Dec-12 127 95108 20

Nov-12 126 80115 19

Oct-12 137 80116 17

Sep-12 128 97122 18

Aug-12 133 130117 27

J ul-12 146 101123 28

J un-12 147 87123 20

May-12 151 113134 26

Apr-12 153 121134 11

Mar-12 159 98127 14


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18/21

Mar-13

64

Mar-12

97

%

-34%

Change

-33

Mar-12 vs. Mar-13: The average days on market is down 34%The Average Days on Market by Month


Mar-12 vs. Mar-13

William Cobb



Sq Ft:

WBR MLS AREA 70


Period: All All

Property Types:

MLS Area:

All


18 of 21



19/21

The Average Days on Market by MonthMar-12 vs. Mar-13: The average days on market is down 34%


Time Period # UC UnitsAverage DOM

Mar-13 4164

Feb-13 1972

J an-13 2157

Dec-12 14140

Nov-12 2298

Oct-12 2593

Sep-12 2088

Aug-12 12119

J ul-12 21130

J un-12 2498

May-12 26120

Apr-12 2495

Mar-12 2097

Clarus MarketMetrics2 of 2 04/21/2013


19 of 21



20/21

Mar-12 vs. Mar-13: The average months supply of inventory is down 53%


Mar-12 vs. Mar-13

5.1 -53%

William Cobb

2.4

Mar-13

Months Supply of Inventory

ChangeMar-12 %

-2.7




Sq Ft:

WBR MLS AREA 70


Period: All All

Property Types:

MLS Area:

All


20 of 21



21/21

Months Supply of InventoryMar-12 vs. Mar-13: The average months supply of inventory is down 53%


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

Mar-13 41 6498 2.4

Feb-13 19 7295 5.0

J an-13 21 5797 4.6

Dec-12 14 14086 6.1

Nov-12 22 9885 3.9

Oct-12 25 9385 3.4

Sep-12 20 8897 4.8

Aug-12 12 11996 8.0

J ul-12 21 13091 4.3

J un-12 24 9894 3.9

May-12 26 12098 3.8

Apr-12 24 95103 4.3

Mar-12 20 97102 5.1



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west baton rouge home sales march 2012 vs march 2013

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