East Baton Rouge Home Sales Q1 2012 vs Q1 2013

7/28/2019 East Baton Rouge Home Sales Q1 2012 vs Q1 2013

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04/17/2013Clarus MarketMetrics

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

EBRP 3/2012 vs 3/2013, East Baton Rouge ALL EBRP

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

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2/21

Mar-13

171,500

Mar-12

164,000

%

+5%

Change

7,500

Mar-12 vs. Mar-13: The median sold price is up 5%Median Sold Price by Month

Accurate Valuations Group

Mar-12 vs. Mar-13

William Cobb

Clarus MarketMetrics 1 of 2 04/17/2013


AllBathrooms:MLS: AllAll

Sq Ft:

East Baton Rouge

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

Period: All All

Property Types:

County:

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 5%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Mar-13 171,500 414 91

Feb-13 170,000 279 109

J an-13 165,000 263 108

Dec-12 165,000 294 87

Nov-12 172,500 343 97

Oct-12 172,250 363 94

Sep-12 178,500 344 104

Aug-12 175,000 352 98

J ul-12 175,000 411 87

J un-12 174,706 439 84

May-12 170,000 438 93

Apr-12 160,700 350 99

Mar-12 164,000 367 106



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4/21

Mar-12 vs. Mar-13: The median price of for sale properties is up 3% and the median price of sold properties is up 5%


Mar-12 vs. Mar-13

163,647 +3%

William Cobb

168,000

Mar-13

Median For Sale vs. Median Sold

ChangeMar-12 %

4,353

Mar-12 Mar-13 %

164,000 +5%

Mar-12 vs. Mar-13

171,500

Change

7,500




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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5/21

Median For Sale vs. Median SoldMar-12 vs. Mar-13: The median price of for sale properties is up 3% and the median price of sold properties is up 5%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Mar-13 3,030 414168,000 171,500 3,500

Feb-13 2,915 279164,900 170,000 5,100

J an-13 2,887 263161,900 165,000 3,100

Dec-12 2,770 294159,000 165,000 6,000

Nov-12 2,958 343159,900 172,500 12,600

Oct-12 3,136 363162,000 172,250 10,250

Sep-12 3,108 344161,950 178,500 16,550

Aug-12 3,209 352165,000 175,000 10,000

J ul-12 3,337 411166,000 175,000 9,000

J un-12 3,338 439168,250 174,706 6,456

May-12 3,303 438167,500 170,000 2,500

Apr-12 3,245 350165,000 160,700 -4,300

Mar-12 3,193 367163,647 164,000 353

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

2 of 2 04/17/2013

5 of 21


6/21

Mar-13

414

Mar-12

367

%

+13%

Change

47

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


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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7/21

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


Time Period #Properties Median Price Average DOMMar-13 171,500414 91

Feb-13 170,000279 109

J an-13 165,000263 108

Dec-12 165,000294 87

Nov-12 172,500343 97

Oct-12 172,250363 94

Sep-12 178,500344 104

Aug-12 175,000352 98J ul-12 175,000411 87

J un-12 174,706439 84

May-12 170,000438 93

Apr-12 160,700350 99

Mar-12 164,000367 106

Clarus MarketMetrics 2 of 2 04/17/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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8/21

Mar-13

519

Mar-12

412

%

+26%

Change

107

Mar-12 vs. Mar-13: The number of Under Contract properties is up 26%Under Contract Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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9/21

Under Contract Properties by MonthMar-12 vs. Mar-13: The number of Under Contract properties is up 26%


Time Period #Properties Median Price Average DOMMar-13 178,000519 94

Feb-13 174,700398 97

J an-13 179,700330 118

Dec-12 158,700276 102

Nov-12 169,900302 102

Oct-12 175,000353 91

Sep-12 179,900323 91

Aug-12 176,900317 106J ul-12 185,000424 93

J un-12 178,750388 86

May-12 179,900444 94

Apr-12 174,900450 98

Mar-12 173,200412 97


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10/21

Mar-13

675

Mar-12

679

%

-1%

Change

-4

Mar-12 vs. Mar-13: The number of New properties is down 1%New Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


10 of 21


11/21

New Properties by MonthMar-12 vs. Mar-13: The number of New properties is down 1%


Time Period #Properties Median PriceMar-13 179,000675

Feb-13 174,900593

J an-13 174,000664

Dec-12 149,900337

Nov-12 158,000440

Oct-12 165,000601

Sep-12 158,000487

Aug-12 169,450572J ul-12 173,900669

J un-12 175,000699

May-12 170,000693

Apr-12 169,900676

Mar-12 163,900679


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12/21

Mar-13

3,030

Mar-12

3,193

%

-5%

Change

-163

Mar-12 vs. Mar-13: The number of For Sale properties is down 5%For Sale Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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13/21

For Sale Properties by MonthMar-12 vs. Mar-13: The number of For Sale properties is down 5%


Time Period #Properties Median Price Average DOMMar-13 168,0003,030 146

Feb-13 164,9002,915 150

J an-13 161,9002,887 158

Dec-12 159,0002,770 171

Nov-12 159,9002,958 158

Oct-12 162,0003,136 152

Sep-12 161,9503,108 152

Aug-12 165,0003,209 155J ul-12 166,0003,337 153

J un-12 168,2503,338 157

May-12 167,5003,303 160

Apr-12 165,0003,245 162

Mar-12 163,6473,193 165


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Mar-13

182

Mar-12

214

%

-15%

Change

-32

Mar-12 vs. Mar-13: The number of Expired propert ies is down 15%Expired Properties by Month


Mar-12 vs. Mar-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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15/21

Expired Properties by MonthMar-12 vs. Mar-13: The number of Expired properties is down 15%


Time Period Median Price# Properties Average DOMMar-13 149,950182 201

Feb-13 148,900162 194

J an-13 153,900235 196

Dec-12 155,000271 224

Nov-12 156,900223 171

Oct-12 159,500265 197

Sep-12 149,900250 188

Aug-12 162,500271 258J ul-12 160,000275 215

J un-12 169,000278 234

May-12 164,900221 188

Apr-12 139,900185 198

Mar-12 147,450214 197


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16/21

Mar-12 vs. Mar-13: The number of for sale properties is down 5% and the number of sold properties is up 13%


Mar-12 vs. Mar-13

3,193 -5%

William Cobb

3,030

Mar-13

Supply & Demand by Month

ChangeMar-12 %

-163

Mar-12 Mar-13 %

367 +13%

Mar-12 vs. Mar-13

414

Change

47



Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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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 down 5% and the number of sold properties is up 13%

William Cobb Accurate Valuations Group

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

Mar-13 146 913,030 414

Feb-13 150 1092,915 279

J an-13 158 1082,887 263

Dec-12 171 872,770 294

Nov-12 158 972,958 343

Oct-12 152 943,136 363

Sep-12 152 1043,108 344

Aug-12 155 983,209 352

J ul-12 153 873,337 411

J un-12 157 843,338 439

May-12 160 933,303 438

Apr-12 162 993,245 350

Mar-12 165 1063,193 367


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18/21

Mar-13

94

Mar-12

97

%

-3%

Change

-3

Mar-12 vs. Mar-13: The average days on market is down 3%The Average Days on Market by Month


Mar-12 vs. Mar-13

William Cobb



Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


18 of 21



19/21

The Average Days on Market by MonthMar-12 vs. Mar-13: The average days on market is down 3%


Time Period # UC UnitsAverage DOM

Mar-13 51994

Feb-13 39897

J an-13 330118

Dec-12 276102

Nov-12 302102

Oct-12 35391

Sep-12 32391

Aug-12 317106

J ul-12 42493

J un-12 38886

May-12 44494

Apr-12 45098

Mar-12 41297

Clarus MarketMetrics2 of 2 04/17/2013


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20/21

Mar-12 vs. Mar-13: The average months supply of inventory is down 28%


Mar-12 vs. Mar-13

6.2 -28%

William Cobb

4.5

Mar-13

Months Supply of Inventory

ChangeMar-12 %

-1.7




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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21/21

Months Supply of InventoryMar-12 vs. Mar-13: The average months supply of inventory is down 28%


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

Mar-13 519 942,329 4.5

Feb-13 398 972,355 5.9

J an-13 330 1182,322 7.0

Dec-12 276 1022,223 8.1

Nov-12 302 1022,433 8.1

Oct-12 353 912,518 7.1

Sep-12 323 912,535 7.8

Aug-12 317 1062,621 8.3

J ul-12 424 932,639 6.2

J un-12 388 862,677 6.9

May-12 444 942,642 6.0

Apr-12 450 982,614 5.8

Mar-12 412 972,569 6.2



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Documents

East Baton Rouge Home Sales Q1 2012 vs Q1 2013