east baton rouge local market update 04/2014
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![Page 1: East Baton Rouge Local Market Update 04/2014](https://reader038.vdocuments.net/reader038/viewer/2022100800/577cca071a28aba711a52fa6/html5/thumbnails/1.jpg)
Key Metrics 2013 2014 Percent Change Thru 4-2013 Thru 4-2014 Percent Change
New Listings 676 729 + 7.8% 2,627 2,410 - 8.3%
Closed Sales 428 420 - 1.9% 1,396 1,341 - 3.9%
Median Sales Price* $174,300 $171,000 - 1.9% $169,900 $170,000 + 0.1%
Percent of List Price Received* 96.5% 96.6% + 0.1% 96.4% 96.5% + 0.1%
Days on Market Until Sale 95 88 - 7.4% 95 89 - 6.3%
Inventory of Homes for Sale 2,407 2,209 - 8.2% -- -- --
Months Supply of Inventory 6.5 5.6 - 13.8% -- -- --
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Local Market Update for April 2014A Research Tool Provided by the Greater Baton Rouge Association of REALTORS®
East Baton Rouge
April Year to Date
April428 420
676729
96.5% 96.6% 6.55.6
2013 2014
Current as of May 10, 2014. All data from the Greater Baton Rouge Association of REALTORS® MLS. Powered by 10K Research and Marketing. Percent changes are calculated using rounded figures.
All MLS — East Baton Rouge —
Closed Sales
676
New Listings
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Median Sales Price Rolling 12-Month Calculation
+ 7.8% - 1.9%
96.5% 96.6%
Pct. of List Price Received+ 0.1%
5.6
Months Supply- 13.8%
Current as of May 10, 2014. All data from the Greater Baton Rouge Association of REALTORS® MLS. Powered by 10K Research and Marketing. Percent changes are calculated using rounded figures.