Baton Rouge Housing Report April 2011 vs April 2012

7/31/2019 Baton Rouge Housing Report April 2011 vs April 2012

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05/17/2012Clarus MarketMetrics

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

Baton Rouge, Louisiana ALL

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

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2/21

Apr-12

160,000

Apr-11

164,000

%

-2%

Change

-4,000

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

Accurate Valuations Group

Apr-11 vs. Apr-12

William Cobb

Clarus MarketMetrics 1 of 2 05/17/2012


AllBathrooms:MLS: AllAll

Sq Ft:

Baton Rouge

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

Period: All All

Property Types:

City:

All

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

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3/21

Median Sold Price by MonthApr-11 vs. Apr-12: The median sold price is down 2%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Apr-12 160,000 289 98

Mar-12 158,200 307 102

Feb-12 161,200 220 107

Jan-12 159,950 182 105

Dec-11 164,800 227 92

Nov-11 150,000 225 98

Oct-11 170,000 239 112

Sep-11 165,000 254 95Aug-11 168,000 343 106

Jul-11 170,000 286 94

Jun-11 179,900 324 103

May-11 171,000 268 119

Apr-11 164,000 230 127



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4/21

Apr-11 vs. Apr-12: The median price of for sale properties is down 2% and the median price of sold properties is down 2%


Apr-11 vs. Apr-12

169,000 -2%

William Cobb

165,000

Apr-12

Median For Sale vs. Median Sold

ChangeApr-11 %

-4,000

Apr-11 Apr-12 %

164,000 -2%

Apr-11 vs. Apr-12

160,000

Change

-4,000




Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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Median For Sale vs. Median SoldApr-11 vs. Apr-12: The median price of for sale properties is down 2% and the median price of sold properties is down 2%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Apr-12 2,640 289165,000 160,000 -5,000

Mar-12 2,625 307162,900 158,200 -4,700

Feb-12 2,508 220161,995 161,200 -795

Jan-12 2,517 182160,000 159,950 -50

Dec-11 2,496 227159,900 164,800 4,900

Nov-11 2,595 225160,000 150,000 -10,000

Oct-11 2,713 239161,995 170,000 8,005

Sep-11 2,753 254161,995 165,000 3,005

Aug-11 2,849 343161,995 168,000 6,005

Jul-11 2,894 286165,000 170,000 5,000

Jun-11 2,944 324168,950 179,900 10,950

May-11 2,960 268169,500 171,000 1,500

Apr-11 2,879 230169,000 164,000 -5,000

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

2 of 2 05/17/2012

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6/21

Apr-12

289

Apr-11

230

%

+26%

Change

59

Apr-11 vs. Apr-12: The number of Sold properties is up 26%Sold Properties by Month


Apr-11 vs. Apr-12

William Cobb




Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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Sold Properties by MonthApr-11 vs. Apr-12: The number of Sold properties is up 26%


Time Period # Properties Median Price Average DOM

Apr-12 160,000289 98

Mar-12 158,200307 102

Feb-12 161,200220 107

Jan-12 159,950182 105

Dec-11 164,800227 92

Nov-11 150,000225 98

Oct-11 170,000239 112

Sep-11 165,000254 95Aug-11 168,000343 106

Jul-11 170,000286 94

Jun-11 179,900324 103

May-11 171,000268 119

Apr-11 164,000230 127

Clarus MarketMetrics 2 of 2 05/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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8/21

Apr-12

399

Apr-11

281

%

+42%

Change

118

Apr-11 vs. Apr-12: The number of Under Contract properties is up 42%Under Contract Properties by Month


Apr-11 vs. Apr-12

William Cobb




Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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Under Contract Properties by MonthApr-11 vs. Apr-12: The number of Under Contract properties is up 42%


Time Period # Properties Median Price Average DOMApr-12 164,900399 102

Mar-12 168,250366 96

Feb-12 169,000307 110

Jan-12 160,000244 110

Dec-11 165,000198 102

Nov-11 169,900211 95

Oct-11 174,900249 93

Sep-11 169,900239 106Aug-11 174,900291 116

Jul-11 175,000297 121

Jun-11 174,900295 106

May-11 185,000317 92

Apr-11 179,900281 116


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Apr-12

557

Apr-11

548

%

+2%

Change

9

Apr-11 vs. Apr-12: The number of New properties is up 2%New Properties by Month


Apr-11 vs. Apr-12

William Cobb




Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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New Properties by MonthApr-11 vs. Apr-12: The number of New properties is up 2%


Time Period # Properties Median PriceApr-12 174,900557

Mar-12 166,000572

Feb-12 159,900423

Jan-12 164,800476

Dec-11 150,000298

Nov-11 165,000372

Oct-11 155,000459

Sep-11 168,750454Aug-11 153,900499

Jul-11 158,000476

Jun-11 174,800511

May-11 169,900532

Apr-11 177,700548


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Apr-12

2,640

Apr-11

2,879

%

-8%

Change

-239

Apr-11 vs. Apr-12: The number of For Sale properties is down 8%For Sale Properties by Month


Apr-11 vs. Apr-12

William Cobb




Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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For Sale Properties by MonthApr-11 vs. Apr-12: The number of For Sale properties is down 8%


Time Period # Properties Median Price Average DOMApr-12 165,0002,640 162

Mar-12 162,9002,625 166

Feb-12 161,9952,508 171

Jan-12 160,0002,517 172

Dec-11 159,9002,496 183

Nov-11 160,0002,595 171

Oct-11 161,9952,713 164

Sep-11 161,9952,753 160Aug-11 161,9952,849 159

Jul-11 165,0002,894 159

Jun-11 168,9502,944 155

May-11 169,5002,960 151

Apr-11 169,0002,879 150


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Apr-12

157

Apr-11

171

%

-8%

Change

-14

Apr-11 vs. Apr-12: The number of Expired properties is down 8%Expired Properties by Month


Apr-11 vs. Apr-12

William Cobb




Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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Expired Properties by MonthApr-11 vs. Apr-12: The number of Expired properties is down 8%


Time Period Median Price# Properties Average DOMApr-12 139,900157 200

Mar-12 145,000177 195

Feb-12 144,950148 174

Jan-12 149,900187 196

Dec-11 149,400258 264

Nov-11 158,500186 189

Oct-11 165,000241 189

Sep-11 149,700260 163Aug-11 155,000259 184

Jul-11 156,500247 183

Jun-11 167,000231 181

May-11 169,450210 173

Apr-11 150,000171 188


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Apr-11 vs. Apr-12: The number of for sale properties is down 8% and the number of sold properties is up 26%


Apr-11 vs. Apr-12

2,879 -8%

William Cobb

2,640

Apr-12

Supply & Demand by Month

ChangeApr-11 %

-239

Apr-11 Apr-12 %

230 +26%

Apr-11 vs. Apr-12

289

Change

59



Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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Willi C bb A t V l ti G


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Supply & Demand by MonthApr-11 vs. Apr-12: The number of for sale properties is down 8% and the number of sold properties is up 26%

William Cobb Accurate Valuations Group

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

Apr-12 162 982,640 289

Mar-12 166 1022,625 307

Feb-12 171 1072,508 220

Jan-12 172 1052,517 182

Dec-11 183 922,496 227

Nov-11 171 982,595 225

Oct-11 164 1122,713 239

Sep-11 160 952,753 254

Aug-11 159 1062,849 343

Jul-11 159 942,894 286

Jun-11 155 1032,944 324

May-11 151 1192,960 268

Apr-11 150 1272,879 230


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Apr-12

102

Apr-11

116

%

-12%

Change

-14

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


Apr-11 vs. Apr-12

William Cobb



Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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The Average Days on Market by MonthApr-11 vs. Apr-12: The average days on market is down 12%


Time Period # UC UnitsAverage DOM

Apr-12 399102

Mar-12 36696

Feb-12 307110

Jan-12 244110

Dec-11 198102

Nov-11 21195

Oct-11 24993

Sep-11 239106

Aug-11 291116

Jul-11 297121

Jun-11 295106

May-11 31792

Apr-11 281116


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20/21

Apr-11 vs. Apr-12: The average months supply of inventory is down 40%


Apr-11 vs. Apr-12

8.6 -40%

William Cobb

5.2

Apr-12

Months Supply of Inventory

ChangeApr-11 %

-3.4




Sq Ft:

Baton Rouge


Period: All All

Property Types:

City:

All


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Months Supply of InventoryApr-11 vs. Apr-12: The average months supply of inventory is down 40%


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

Apr-12 399 1022,085 5.2

Mar-12 366 962,083 5.7

Feb-12 307 1102,053 6.7

Jan-12 244 1102,086 8.5

Dec-11 198 1022,041 10.3

Nov-11 211 952,198 10.4

Oct-11 249 932,223 8.9

Sep-11 239 1062,254 9.4

Aug-11 291 1162,299 7.9

Jul-11 297 1212,350 7.9

Jun-11 295 1062,418 8.2

May-11 317 922,433 7.7

Apr-11 281 1162,428 8.6



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Baton Rouge Housing Report April 2011 vs April 2012

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Transcript of Baton Rouge Housing Report April 2011 vs April 2012