east baton rouge home sales july 2011 vs july 2012

7/31/2019 East Baton Rouge Home Sales July 2011 vs July 2012

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08/13/2012Clarus MarketMetrics

Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

EBRP 7/2011 vs 7/2012, East Baton Rouge ALL EBRP

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

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Jul-12

175,000

Jul-11

171,000

%

+2%

Change

4,000

Jul-11 vs. Jul-12: The median sold price is up 2%Median Sold Price by Month

Accurate Valuations Group

Jul-11 vs. Jul-12

William Cobb

Clarus MarketMetrics 1 of 2 08/13/2012


AllBathrooms:MLS: AllAll

Sq Ft:

EBR MLS AREA 11, EBR MLS AREA 12, EBR MLS AREA 13, EBR MLS AREA 21, EBR MLS AREA 22, EBR MLS AREA 31, EBR MLS AREA 41, EBR MLS AREA 42, EBR MLS AREA 43, EBR MLS AREA

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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Median Sold Price by MonthJul-11 vs. Jul-12: The median sold price is up 2%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Jul-12 175,000 408 88

Jun-12 175,000 437 85

May-12 170,000 436 93

Apr-12 161,400 349 98

Mar-12 164,000 367 106

Feb-12 164,500 261 108

Jan-12 159,000 214 100

Dec-11 160,900 271 94Nov-11 158,731 273 104

Oct-11 169,000 289 107

Sep-11 170,000 306 100

Aug-11 169,740 397 103

Jul-11 171,000 329 92



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Jul-11 vs. Jul-12: The median price of for sale properties is up 1% and the median price of sold properties is up 2%


Jul-11 vs. Jul-12

168,000 +1%

William Cobb

169,900

Jul-12

Median For Sale vs. Median Sold

ChangeJul-11 %

1,900

Jul-11 Jul-12 %

171,000 +2%

Jul-11 vs. Jul-12

175,000

Change

4,000




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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Median For Sale vs. Median SoldJul-11 vs. Jul-12: The median price of for sale properties is up 1% and the median price of sold properties is up 2%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Jul-12 3,253 408169,900 175,000 5,100

Jun-12 3,282 437169,900 175,000 5,100

May-12 3,264 436168,500 170,000 1,500

Apr-12 3,216 349165,000 161,400 -3,600

Mar-12 3,165 367164,900 164,000 -900

Feb-12 3,042 261163,823 164,500 677

Jan-12 3,026 214162,800 159,000 -3,800

Dec-11 3,007 271160,000 160,900 900

Nov-11 3,123 273162,900 158,731 -4,169

Oct-11 3,272 289164,900 169,000 4,100

Sep-11 3,314 306165,000 170,000 5,000

Aug-11 3,415 397165,000 169,740 4,740

Jul-11 3,453 329168,000 171,000 3,000

Clarus MarketMetricsInformation not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 08/13/2012

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6/21

Jul-12

408

Jul-11

329

%

+24%

Change

79

Jul-11 vs. Jul-12: The number of Sold properties is up 24%Sold Properties by Month


Jul-11 vs. Jul-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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7/21

Sold Properties by MonthJul-11 vs. Jul-12: The number of Sold properties is up 24%


Time Period # Properties Median Price Average DOM

Jul-12 175,000408 88

Jun-12 175,000437 85

May-12 170,000436 93

Apr-12 161,400349 98

Mar-12 164,000367 106

Feb-12 164,500261 108

Jan-12 159,000214 100

Dec-11 160,900271 94Nov-11 158,731273 104

Oct-11 169,000289 107

Sep-11 170,000306 100

Aug-11 169,740397 103

Jul-11 171,000329 92

Clarus MarketMetrics 2 of 2 08/13/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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8/21

Jul-12

467

Jul-11

348

%

+34%

Change

119

Jul-11 vs. Jul-12: The number of Under Contract properties is up 34%Under Contract Properties by Month


Jul-11 vs. Jul-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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9/21

Under Contract Properties by MonthJul-11 vs. Jul-12: The number of Under Contract properties is up 34%


Time Period # Properties Median Price Average DOMJul-12 182,000467 93

Jun-12 175,000415 87

May-12 179,900460 93

Apr-12 174,950460 98

Mar-12 172,750414 97

Feb-12 173,900367 103

Jan-12 163,150292 114

Dec-11 165,000233 102Nov-11 170,000251 96

Oct-11 174,950294 99

Sep-11 169,900293 103

Aug-11 179,000347 115

Jul-11 174,700348 116


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Jul-12

660

Jul-11

555

%

+19%

Change

105

Jul-11 vs. Jul-12: The number of New properties is up 19%New Properties by Month


Jul-11 vs. Jul-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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New Properties by MonthJul-11 vs. Jul-12: The number of New properties is up 19%


Time Period # Properties Median PriceJul-12 175,000660

Jun-12 178,950694

May-12 174,950690

Apr-12 173,950674

Mar-12 165,000677

Feb-12 162,500536

Jan-12 165,000565

Dec-11 154,950358Nov-11 165,000435

Oct-11 154,900558

Sep-11 167,950552

Aug-11 155,000592

Jul-11 159,900555


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Jul-12

3,253

Jul-11

3,453

%

-6%

Change

-200

Jul-11 vs. Jul-12: The number of For Sale properties is down 6%For Sale Properties by Month


Jul-11 vs. Jul-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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For Sale Properties by MonthJul-11 vs. Jul-12: The number of For Sale properties is down 6%


Time Period # Properties Median Price Average DOMJul-12 169,9003,253 151

Jun-12 169,9003,282 155

May-12 168,5003,264 157

Apr-12 165,0003,216 159

Mar-12 164,9003,165 163

Feb-12 163,8233,042 168

Jan-12 162,8003,026 170

Dec-11 160,0003,007 180Nov-11 162,9003,123 168

Oct-11 164,9003,272 161

Sep-11 165,0003,314 158

Aug-11 165,0003,415 157

Jul-11 168,0003,453 157


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Jul-12

258

Jul-11

282

%

-9%

Change

-24

Jul-11 vs. Jul-12: The number of Expired properties is down 9%Expired Properties by Month


Jul-11 vs. Jul-12

William Cobb




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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Expired Properties by MonthJul-11 vs. Jul-12: The number of Expired properties is down 9%


Time Period Median Price# Properties Average DOMJul-12 159,900258 179

Jun-12 169,000270 230

May-12 167,500217 184

Apr-12 139,900182 197

Mar-12 148,900211 194

Feb-12 142,000187 186

Jan-12 150,000227 195

Dec-11 154,950314 261Nov-11 164,900223 187

Oct-11 165,000290 183

Sep-11 155,500307 172

Aug-11 158,603307 184

Jul-11 157,750282 186


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Jul-11 vs. Jul-12: The number of for sale properties is down 6% and the number of sold properties is up 24%


Jul-11 vs. Jul-12

3,453 -6%

William Cobb

3,253

Jul-12

Supply & Demand by Month

ChangeJul-11 %

-200

Jul-11 Jul-12 %

329 +24%

Jul-11 vs. Jul-12

408

Change

79



Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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Willi C bb A t V l ti G


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Supply & Demand by MonthJul-11 vs. Jul-12: The number of for sale properties is down 6% and the number of sold properties is up 24%

William Cobb Accurate Valuations Group

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

Jul-12 151 883,253 408

Jun-12 155 853,282 437

May-12 157 933,264 436

Apr-12 159 983,216 349

Mar-12 163 1063,165 367

Feb-12 168 1083,042 261

Jan-12 170 1003,026 214

Dec-11 180 943,007 271

Nov-11 168 1043,123 273

Oct-11 161 1073,272 289

Sep-11 158 1003,314 306

Aug-11 157 1033,415 397

Jul-11 157 923,453 329


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Jul-12

93

Jul-11

116

%

-20%

Change

-24

Jul-11 vs. Jul-12: The average days on market is down 20%The Average Days on Market by Month


Jul-11 vs. Jul-12

William Cobb



Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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The Average Days on Market by MonthJul-11 vs. Jul-12: The average days on market is down 20%


Time Period # UC UnitsAverage DOM

Jul-12 46793

Jun-12 41587

May-12 46093

Apr-12 46098

Mar-12 41497

Feb-12 367103

Jan-12 292114

Dec-11 233102

Nov-11 25196

Oct-11 29499

Sep-11 293103

Aug-11 347115

Jul-11 348116


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20/21

Jul-11 vs. Jul-12: The average months supply of inventory is down 33%


Jul-11 vs. Jul-12

8.1 -33%

William Cobb

5.4

Jul-12

Months Supply of Inventory

ChangeJul-11 %

-2.7




Sq Ft:



Period: All All

Property Types:

MLS Area:

All


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Months Supply of InventoryJul-11 vs. Jul-12: The average months supply of inventory is down 33%


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

Jul-12 467 932,528 5.4

Jun-12 415 872,602 6.3

May-12 460 932,591 5.6

Apr-12 460 982,578 5.6

Mar-12 414 972,542 6.1

Feb-12 367 1032,488 6.8

Jan-12 292 1142,507 8.6

Dec-11 233 1022,461 10.6

Nov-11 251 962,649 10.6

Oct-11 294 992,688 9.1

Sep-11 293 1032,714 9.3

Aug-11 347 1152,762 8.0

Jul-11 348 1162,823 8.1



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east baton rouge home sales july 2011 vs july 2012

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