denham springs woodland crossing subdivision housing report 10 13 2011

8/3/2019 Denham Springs Woodland Crossing Subdivision Housing Report 10 13 2011

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10/13/2011Clarus MarketMetrics

Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Denham Springs , LA 70726

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21


2/21

Sep-11

175,900

Sep-10

161,400

%

+9%

Change

14,500

Sep-10 vs. Sep-11: The median sold price is up 9%Median Sold Price by Month

Accurate Valuations Group

Sep-10 vs. Sep-11

William Cobb

Clarus MarketMetrics 1 of 2 10/13/2011


AllBathrooms:MLS: AllAll

Sq Ft:

Woodland Crossing

Residential: (Detached Single Family, Preconstruction DSF)

Period: All All

Property Types:

Subdivision:

All

Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

2 of 21


3/21

Median Sold Price by MonthSep-10 vs. Sep-11: The median sold price is up 9%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Sep-11 175,900 1 103

Aug-11 139,900 3 188

Jul-11 143,950 6 143

Jun-11 135,900 3 95

May-11 135,900 7 101

Apr-11 144,388 6 122

Mar-11 134,900 5 41

Feb-11 169,900 3 80Jan-11 124,000 7 101

Dec-10 139,900 3 148

Nov-10 153,900 3 76

Oct-10 151,450 2 28

Sep-10 161,400 1 1



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4/21

Sep-10 vs. Sep-11: The median price of for sale properties is down 3% and the median price of sold properties is up 9%


Sep-10 vs. Sep-11

153,900 -3%

William Cobb

148,900

Sep-11

Median For Sale vs. Median Sold

ChangeSep-10 %

-5,000

Sep-10 Sep-11 %

161,400 +9%

Sep-10 vs. Sep-11

175,900

Change

14,500




Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


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5/21

Median For Sale vs. Median SoldSep-10 vs. Sep-11: The median price of for sale properties is down 3% and the median price of sold properties is up 9%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Sep-11 23 1148,900 175,900 27,000

Aug-11 21 3159,900 139,900 -20,000

Jul-11 23 6159,900 143,950 -15,950

Jun-11 29 3152,900 135,900 -17,000

May-11 29 7152,900 135,900 -17,000

Apr-11 34 6153,900 144,388 -9,513

Mar-11 42 5149,950 134,900 -15,050

Feb-11 43 3149,900 169,900 20,000

Jan-11 44 7149,900 124,000 -25,900

Dec-10 47 3150,000 139,900 -10,100

Nov-10 54 3149,900 153,900 4,000

Oct-10 48 2151,400 151,450 50

Sep-10 49 1153,900 161,400 7,500

Clarus MarketMetricsInformation not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 10/13/2011

5 of 21


6/21

Sep-11

1

Sep-10

1

%

0%

Change

0

Sep-10 vs. Sep-11: The number of Sold properties has not changedSold Properties by Month


Sep-10 vs. Sep-11

William Cobb




Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


6 of 21


7/21

Sold Properties by MonthSep-10 vs. Sep-11: The number of Sold properties has not changed


Time Period # Properties Median Price Average DOM

Sep-11 175,9001 103

Aug-11 139,9003 188

Jul-11 143,9506 143

Jun-11 135,9003 95

May-11 135,9007 101

Apr-11 144,3886 122

Mar-11 134,9005 41

Feb-11 169,9003 80Jan-11 124,0007 101

Dec-10 139,9003 148

Nov-10 153,9003 76

Oct-10 151,4502 28

Sep-10 161,4001 1

Clarus MarketMetrics 2 of 2 10/13/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

7 of 21


8/21

Sep-11

1

Sep-10

3

%

-67%

Change

-2

Sep-10 vs. Sep-11: The number of Under Contract properties is down 67%Under Contract Properties by Month


Sep-10 vs. Sep-11

William Cobb




Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


8 of 21


9/21

Under Contract Properties by MonthSep-10 vs. Sep-11: The number of Under Contract properties is down 67%


Time Period # Properties Median Price Average DOMSep-11 99,9001 98

Aug-11 149,9003 113

Jul-11 119,9001 22

Jun-11 141,9007 166

May-11 139,9005 102

Apr-11 149,9004 126

Mar-11 142,4506 88

Feb-11 134,9003 59Jan-11 125,9506 71

Dec-10 132,4506 106

Nov-10 149,9005 154

Oct-10 174,4502 47

Sep-10 153,9003 70


9 of 21


10/21

Sep-11

7

Sep-10

5

%

+40%

Change

2

Sep-10 vs. Sep-11: The number of New properties is up 40%New Properties by Month


Sep-10 vs. Sep-11

William Cobb




Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


10 of 21


11/21

New Properties by MonthSep-10 vs. Sep-11: The number of New properties is up 40%


Time Period # Properties Median PriceSep-11 138,0007

Aug-11 139,9003

Jul-11 128,0005

Jun-11 143,8756

May-11 130,9504

Apr-11 172,9502

Mar-11 152,9003

Feb-11 149,9006Jan-11 147,45014

Dec-10 159,3502

Nov-10 133,4508

Oct-10 149,9506

Sep-10 164,9005


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12/21

Sep-11

23

Sep-10

49

%

-53%

Change

-26

Sep-10 vs. Sep-11: The number of For Sale properties is down 53%For Sale Properties by Month


Sep-10 vs. Sep-11

William Cobb




Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


12 of 21


13/21

For Sale Properties by MonthSep-10 vs. Sep-11: The number of For Sale properties is down 53%


Time Period # Properties Median Price Average DOMSep-11 148,90023 162

Aug-11 159,90021 173

Jul-11 159,90023 158

Jun-11 152,90029 159

May-11 152,90029 164

Apr-11 153,90034 170

Mar-11 149,95042 159

Feb-11 149,90043 137Jan-11 149,90044 120

Dec-10 150,00047 145

Nov-10 149,90054 128

Oct-10 151,40048 117

Sep-10 153,90049 104


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14/21

Sep-11

3

Sep-10

4

%

-25%

Change

-1

Sep-10 vs. Sep-11: The number of Expired properties is down 25%Expired Properties by Month


Sep-10 vs. Sep-11

William Cobb




Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


14 of 21


15/21

Expired Properties by MonthSep-10 vs. Sep-11: The number of Expired properties is down 25%


Time Period Median Price# Properties Average DOMSep-11 168,0003 166

Aug-11 147,3502 34

Jul-11 154,9004 134

Jun-11 158,7004 92

May-11 137,9001 242

Apr-11 149,9005 253

Mar-11 164,9504 342

Feb-11 142,9001 161Jan-11 147,9001 38

Dec-10 152,90011 194

Nov-10 138,2504 186

Oct-10 0

Sep-10 172,4954 150


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16/21

Sep-10 vs. Sep-11: The number of for sale properties is down 53% and the number of sold properties has not changed


Sep-10 vs. Sep-11

49 -53%

William Cobb

23

Sep-11

Supply & Demand by Month

ChangeSep-10 %

-26

Sep-10 Sep-11 %

1 0%

Sep-10 vs. Sep-11

1

Change

0



Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


16 of 21

Willi C bb A t V l ti G


17/21

Supply & Demand by MonthSep-10 vs. Sep-11: The number of for sale properties is down 53% and the number of sold properties has not changed

William Cobb Accurate Valuations Group

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

Sep-11 162 10323 1

Aug-11 173 18821 3

Jul-11 158 14323 6

Jun-11 159 9529 3

May-11 164 10129 7

Apr-11 170 12234 6

Mar-11 159 4142 5

Feb-11 137 8043 3

Jan-11 120 10144 7

Dec-10 145 14847 3

Nov-10 128 7654 3

Oct-10 117 2848 2

Sep-10 104 149 1


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18/21

Sep-11

98

Sep-10

70

%

+39%

Change

28

Sep-10 vs. Sep-11: The average days on market is up 39%The Average Days on Market by Month


Sep-10 vs. Sep-11

William Cobb



Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


18 of 21



19/21

The Average Days on Market by MonthSep-10 vs. Sep-11: The average days on market is up 39%


Time Period # UC UnitsAverage DOM

Sep-11 198

Aug-11 3113

Jul-11 122

Jun-11 7166

May-11 5102

Apr-11 4126

Mar-11 688

Feb-11 359

Jan-11 671

Dec-10 6106

Nov-10 5154

Oct-10 247

Sep-10 370


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20/21

Sep-10 vs. Sep-11: The average months supply of inventory is up 36%


Sep-10 vs. Sep-11

14.0 +36%

William Cobb

19.0

Sep-11

Months Supply of Inventory

ChangeSep-10 %

5.0




Sq Ft:

Woodland Crossing


Period: All All

Property Types:

Subdivision:

All


20 of 21



21/21

Months Supply of InventorySep-10 vs. Sep-11: The average months supply of inventory is up 36%


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

Sep-11 1 9819 19.0

Aug-11 3 11316 5.3

Jul-11 1 2218 18.0

Jun-11 7 16618 2.6

May-11 5 10223 4.6

Apr-11 4 12625 6.2

Mar-11 6 8832 5.3

Feb-11 3 5939 13.0

Jan-11 6 7137 6.2

Dec-10 6 10630 5.0

Nov-10 5 15445 9.0

Oct-10 2 4746 23.0

Sep-10 3 7042 14.0



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denham springs woodland crossing subdivision housing report 10 13 2011

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