baton rouge real estate multi family sales april 2013 vs april 2014

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Apr-2014 37,500 Apr-2013 64,500 % -42 Change -27,000 Apr-2013 vs Apr-2014: The median sold price is down -42% Median Sold Price by Month Accurate Valuations Group Apr-2013 vs. Apr-2014 William Cobb Clarus MarketMetrics® 05/19/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 1/2 MLS: GBRAR Bedrooms: All All Construction Type: All 1 Year Monthly SqFt: Bathrooms: Lot Size: All All Square Footage Period: All County: Property Types: : Multi-Family East Baton Rouge Price:

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http://www.batonrougehousingreports.com - Baton Rouge Real Estate Multi-Family Sales April 2013 vs April 2014. These are Duplex, Triplex and Fourplex home types located within East Baton Rouge Parish. Baton Rouge Real Estate Multi-Family Sales Sold Properties by Month Apr-2013 vs Apr-2014: The number of Sold properties is down -10% Baton Rouge Real Estate Multi-Family Sales Median Sold Price by Month Apr-2013 vs Apr-2014: The median sold price is down -42% Baton Rouge Real Estate Multi-Family Sales Under Contract Properties by Month Apr-2013 vs Apr-2014: The number of Under Contract properties is up 50% Baton Rouge Real Estate Multi-Family Sales Months Supply of Inventory Apr-2013 vs Apr-2014: The average months supply of inventory is down -44% Baton Rouge Real Estate Multi-Family Sales Average Days on Market by Month Apr-2013 vs Apr-2014: The average days on market is down -42% Baton Rouge Real Estate Multi-Family Sales Expired Properties by Month Apr-2013 vs Apr-2014: The number of Expired properties is up 33% Baton Rouge Real Estate Multi-Family Sales New Properties by Month Apr-2013 vs Apr-2014: The number of New properties is down -9% Baton Rouge Real Estate Multi-Family Sales For Sale Properties by Month Apr-2013 vs Apr-2014: The number of For Sale properties is down -7% Baton Rouge Real Estate Multi-Family Sales Median For Sale vs Median Sold Apr-2013 vs Apr-2014: The median price of for sale properties is up 19% and the median price of sold properties is down -42% Baton Rouge Real Estate Multi-Family Sales Supply & Demand by Month Apr-2013 vs Apr-2014: The number of for sale properties is down -7% and the number of sold properties is down -10% Baton Rouge Real Estate Multi-Family Sales April 2013 vs April 2014 Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 04/01/2013 to 04/30/2013 to 04/01/2014 to 04/30/2014, extracted on 05/18/2014.

TRANSCRIPT

Page 1: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-201437,500

Apr-201364,500

%-42

Change-27,000

Apr-2013 vs Apr-2014: The median sold price is down -42%Median Sold Price by Month

Accurate Valuations Group

Apr-2013 vs. Apr-2014

William Cobb

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Page 2: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Median Sold Price by MonthApr-2013 vs Apr-2014: The median sold price is down -42%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Apr-14 37,500 9 166

Mar-14 88,750 2 44

Feb-14 60,000 9 149

Jan-14 90,750 4 252

Dec-13 101,000 5 178

Nov-13 95,000 7 380

Oct-13 95,000 7 210

Sep-13 84,500 10 77

Aug-13 127,000 12 80

Jul-13 127,450 8 30

Jun-13 73,250 12 261

May-13 106,000 3 194

Apr-13 64,500 10 62

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 3: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-2013 vs Apr-2014: The median price of for sale properties is up 19% and the median price of sold properties is down -42%

Accurate Valuations Group

Apr-2013 vs. Apr-2014

120,000 19

William Cobb

142,450Apr-2014

Median For Sale vs Median Sold

ChangeApr-2013 %22,450

Apr-2013 Apr-2014 %64,500 -42

Apr-2013 vs. Apr-2014

37,500Change-27,000

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Page 4: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Median For Sale vs Median SoldApr-2013 vs Apr-2014: The median price of for sale properties is up 19% and the median price of sold properties is down -42%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Apr-14 76 9142,450 37,500 -104,950Mar-14 74 2132,000 88,750 -43,250Feb-14 70 9120,000 60,000 -60,000Jan-14 72 4120,000 90,750 -29,250Dec-13 84 5119,500 101,000 -18,500Nov-13 77 7120,000 95,000 -25,000Oct-13 83 7115,000 95,000 -20,000Sep-13 82 10112,000 84,500 -27,500Aug-13 85 12115,000 127,000 12,000Jul-13 92 8120,000 127,450 7,450Jun-13 92 12120,000 73,250 -46,750May-13 85 3120,000 106,000 -14,000Apr-13 82 10120,000 64,500 -55,500

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

05/19/201422/

Page 5: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-20149

Apr-201310

%-10

Change-1

Apr-2013 vs Apr-2014: The number of Sold properties is down -10%Sold Properties by Month

Accurate Valuations Group

Apr-2013 vs. Apr-2014

William Cobb

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Page 6: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Sold Properties by MonthApr-2013 vs Apr-2014: The number of Sold properties is down -10%

Accurate Valuations GroupWilliam Cobb

Time Period Units Median Price Avg DOM

Apr-14 37,5009 166Mar-14 88,7502 44Feb-14 60,0009 149Jan-14 90,7504 252Dec-13 101,0005 178Nov-13 95,0007 380Oct-13 95,0007 210Sep-13 84,50010 77Aug-13 127,00012 80Jul-13 127,4508 30Jun-13 73,25012 261May-13 106,0003 194Apr-13 64,50010 62

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 7: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-201412

Apr-20138

%50

Change4

Apr-2013 vs Apr-2014: The number of Under Contract properties is up 50%Under Contract Properties by Month

Accurate Valuations Group

Apr-2013 vs. Apr-2014

William Cobb

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

AllBathrooms: SqFt:All

: Multi-Family

All Square FootageConstruction Type: Lot Size:GBRAR

East Baton Rouge

Period: 1 Year MonthlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

County:

Page 8: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Under Contract Properties by MonthApr-2013 vs Apr-2014: The number of Under Contract properties is up 50%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime PeriodApr-14 134,25012 66Mar-14 20,0003 372Feb-14 80,0005 33Jan-14 101,0003 415Dec-13 80,0007 35Nov-13 137,5004 3Oct-13 107,00015 368Sep-13 62,5006 120Aug-13 97,4508 54Jul-13 79,2009 43Jun-13 145,00010 127May-13 73,0005 98Apr-13 57,2758 114

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 9: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-201410

Apr-201311

%-9

Change-1

Apr-2013 vs Apr-2014: The number of New properties is down -9%New Properties by Month

Accurate Valuations Group

Apr-2013 vs. Apr-2014

William Cobb

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Page 10: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

New Properties by MonthApr-2013 vs Apr-2014: The number of New properties is down -9%

Accurate Valuations GroupWilliam Cobb

Units Median PriceTime PeriodApr-14 93,25010Mar-14 157,50014Feb-14 149,0006Jan-14 139,9007Dec-13 98,00015Nov-13 99,95010Oct-13 103,5008Sep-13 70,5006Aug-13 84,0009Jul-13 120,00019Jun-13 137,00016May-13 115,00014Apr-13 64,90011

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 11: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-201476

Apr-201382

%-7

Change-6

Apr-2013 vs Apr-2014: The number of For Sale properties is down -7%For Sale Properties by Month

Accurate Valuations Group

Apr-2013 vs. Apr-2014

William Cobb

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Page 12: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

For Sale Properties by MonthApr-2013 vs Apr-2014: The number of For Sale properties is down -7%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime Period

Apr-14 142,45076 211Mar-14 132,00074 221Feb-14 120,00070 230Jan-14 120,00072 233Dec-13 119,50084 209Nov-13 120,00077 210Oct-13 115,00083 237Sep-13 112,00082 221Aug-13 115,00085 193Jul-13 120,00092 171Jun-13 120,00092 179May-13 120,00085 182Apr-13 120,00082 179

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 13: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-20144

Apr-20133

%33

Change1

Apr-2013 vs Apr-2014: The number of Expired properties is up 33%Expired Properties by Month

Accurate Valuations Group

Apr-2013 vs. Apr-2014

William Cobb

05/19/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Page 14: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Expired Properties by MonthApr-2013 vs Apr-2014: The number of Expired properties is up 33%

Accurate Valuations GroupWilliam Cobb

Avg DOMUnits Median PriceApr-14 105,0004 219Mar-14 81,0005 223Feb-14 80,0005 313Jan-14 160,0005 240Dec-13 144,20012 214Nov-13 117,4504 208Oct-13 45,5001 13Sep-13 199,9991 185Aug-13 125,0001 181Jul-13 144,9007 188Jun-13 180,0009 187May-13 143,5004 182Apr-13 79,9003 197

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 15: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-2013 vs Apr-2014: The number of for sale properties is down -7% and the number of sold properties is down -10%

Accurate Valuations Group

Apr-2013 vs. Apr-2014

82 -7

William Cobb

76Apr-2014

Supply & Demand by Month

ChangeApr-2013 %-6

Apr-2013 Apr-2014 %10 -10

Apr-2013 vs. Apr-2014

9Change

-1

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Page 16: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Supply & Demand by MonthApr-2013 vs Apr-2014: The number of for sale properties is down -7% and the number of sold properties is down -10%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Apr-14 211 16676 9Mar-14 221 4474 2Feb-14 230 14970 9Jan-14 233 25272 4Dec-13 209 17884 5Nov-13 210 38077 7Oct-13 237 21083 7Sep-13 221 7782 10Aug-13 193 8085 12Jul-13 171 3092 8Jun-13 179 26192 12May-13 182 19485 3Apr-13 179 6282 10

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/

Page 17: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-201467

Apr-2013114

%-42

Change-47

Apr-2013 vs Apr-2014: The average days on market is down -42%The Average Days on Market by Month

Accurate Valuations Group

Apr-2013 vs. Apr-2014

William Cobb

East Baton RougeAll 1 Year Monthly

County:Period:Price:

Property Types: : Multi-Family

05/19/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

Page 18: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

The Average Days on Market by MonthApr-2013 vs Apr-2014: The average days on market is down -42%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodApr-14 1266Mar-14 3372Feb-14 533Jan-14 3415Dec-13 735Nov-13 43Oct-13 15368Sep-13 6120Aug-13 854Jul-13 943Jun-13 10127May-13 598Apr-13 8114

Clarus MarketMetrics® 2/2 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Page 19: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Apr-2013 vs Apr-2014: The average months supply of inventory is down -44%

Accurate Valuations Group

Apr-2013 vs. Apr-2014

8.9 -44

William Cobb

5Apr-2014

Months Supply of Inventory

ChangeApr-2013 %-3.9

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Page 20: Baton Rouge Real Estate Multi Family Sales April 2013 vs April 2014

Months Supply of InventoryApr-2013 vs Apr-2014: The average months supply of inventory is down -44%

William Cobb Accurate Valuations Group

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

UC Avg DOMTime Period

Apr-14 12 6660 5.0Mar-14 3 37266 22.0Feb-14 5 3360 12.0Jan-14 3 41564 21.3Dec-13 7 3565 9.3Nov-13 4 369 17.2Oct-13 15 36867 4.5Sep-13 6 12075 12.5Aug-13 8 5476 9.5Jul-13 9 4376 8.4Jun-13 10 12773 7.3May-13 5 9876 15.2Apr-13 8 11471 8.9

Clarus MarketMetrics® 05/19/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/