Denham Springs New DSF Homes Housing Study March 2011 vs March 2012

8/2/2019 Denham Springs New DSF Homes Housing Study March 2011 vs March 2012

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04/17/2012Clarus MarketMetrics

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

Denham Springs , LA New DSF Homes ALL

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

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Mar-12

151,450

Mar-11

155,900

%

-3%

Change

-4,450

Mar-11 vs. Mar-12: The median sold price is down 3%Median Sold Price by Month

Accurate Valuations Group

Mar-11 vs. Mar-12

William Cobb

Clarus MarketMetrics 1 of 2 04/17/2012


AllBathrooms:MLS: NewAll

Sq Ft:

Denham Springs

Residential: (Detached Single Family, Preconstruction DSF)

Period: All All

Property Types:

City:

All

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

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Median Sold Price by MonthMar-11 vs. Mar-12: The median sold price is down 3%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Mar-12 151,450 10 135

Feb-12 181,100 17 123

Jan-12 141,950 14 161

Dec-11 162,400 10 96

Nov-11 152,450 10 78

Oct-11 168,200 11 121

Sep-11 164,900 13 126

Aug-11 147,000 23 146Jul-11 149,900 21 167

Jun-11 150,300 25 128

May-11 155,900 21 141

Apr-11 155,000 13 137

Mar-11 155,900 15 148



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Mar-11 vs. Mar-12: The median price of for sale properties is up 5% and the median price of sold properties is down 3%


Mar-11 vs. Mar-12

165,000 +5%

William Cobb

172,900

Mar-12

Median For Sale vs. Median Sold

ChangeMar-11 %

7,900

Mar-11 Mar-12 %

155,900 -3%

Mar-11 vs. Mar-12

151,450

Change

-4,450




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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Median For Sale vs. Median SoldMar-11 vs. Mar-12: The median price of for sale properties is up 5% and the median price of sold properties is down 3%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Mar-12 142 10172,900 151,450 -21,450

Feb-12 155 17170,900 181,100 10,200

Jan-12 159 14172,900 141,950 -30,950

Dec-11 164 10171,900 162,400 -9,500

Nov-11 159 10167,900 152,450 -15,450

Oct-11 156 11167,900 168,200 300

Sep-11 118 13164,900 164,900 0

Aug-11 122 23164,900 147,000 -17,900

Jul-11 124 21160,250 149,900 -10,350

Jun-11 108 25159,900 150,300 -9,600

May-11 121 21157,900 155,900 -2,000

Apr-11 129 13159,900 155,000 -4,900

Mar-11 135 15165,000 155,900 -9,100

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

2 of 2 04/17/2012

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Mar-12

10

Mar-11

15

%

-33%

Change

-5

Mar-11 vs. Mar-12: The number of Sold properties is down 33%Sold Properties by Month


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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Sold Properties by MonthMar-11 vs. Mar-12: The number of Sold properties is down 33%


Time Period # Properties Median Price Average DOM

Mar-12 151,45010 135

Feb-12 181,10017 123

Jan-12 141,95014 161

Dec-11 162,40010 96

Nov-11 152,45010 78

Oct-11 168,20011 121

Sep-11 164,90013 126

Aug-11 147,00023 146Jul-11 149,90021 167

Jun-11 150,30025 128

May-11 155,90021 141

Apr-11 155,00013 137

Mar-11 155,90015 148

Clarus MarketMetrics 2 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Mar-12

14

Mar-11

13

%

+8%

Change

1

Mar-11 vs. Mar-12: The number of Under Contract properties is up 8%Under Contract Properties by Month


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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Under Contract Properties by MonthMar-11 vs. Mar-12: The number of Under Contract properties is up 8%


Time Period # Properties Median Price Average DOMMar-12 179,00014 108

Feb-12 169,80027 91

Jan-12 178,90018 152

Dec-11 163,05014 108

Nov-11 155,00013 108

Oct-11 170,40014 126

Sep-11 186,80012 114

Aug-11 162,40020 98Jul-11 159,90015 163

Jun-11 149,90031 129

May-11 149,90017 191

Apr-11 161,90018 169

Mar-11 159,90013 170


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Mar-12

16

Mar-11

24

%

-33%

Change

-8

Mar-11 vs. Mar-12: The number of New properties is down 33%New Properties by Month


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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New Properties by MonthMar-11 vs. Mar-12: The number of New properties is down 33%


Time Period # Properties Median PriceMar-12 180,50016

Feb-12 181,40016

Jan-12 171,78812

Dec-11 199,40020

Nov-11 153,00019

Oct-11 176,90054

Sep-11 180,90023

Aug-11 168,20019Jul-11 155,90051

Jun-11 181,20010

May-11 142,60024

Apr-11 134,90017

Mar-11 173,50024


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Mar-12

142

Mar-11

135

%

+5%

Change

7

Mar-11 vs. Mar-12: The number of For Sale properties is up 5%For Sale Properties by Month


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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For Sale Properties by MonthMar-11 vs. Mar-12: The number of For Sale properties is up 5%


Time Period # Properties Median Price Average DOMMar-12 172,900142 170

Feb-12 170,900155 147

Jan-12 172,900159 136

Dec-11 171,900164 122

Nov-11 167,900159 107

Oct-11 167,900156 93

Sep-11 164,900118 106

Aug-11 164,900122 105Jul-11 160,250124 103

Jun-11 159,900108 136

May-11 157,900121 136

Apr-11 159,900129 161

Mar-11 165,000135 154


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Mar-12

2

Mar-11

10

%

-80%

Change

-8

Mar-11 vs. Mar-12: The number of Expired properties is down 80%Expired Properties by Month


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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Expired Properties by MonthMar-11 vs. Mar-12: The number of Expired properties is down 80%


Time Period Median Price# Properties Average DOMMar-12 171,0502 108

Feb-12 204,9002 72

Jan-12 205,9502 54

Dec-11 182,9943 413

Nov-11 214,4002 28

Oct-11 141,0502 48

Sep-11 169,4504 185

Aug-11 199,9007 198Jul-11 133,7506 82

Jun-11 196,9004 166

May-11 174,9506 176

Apr-11 157,89014 297

Mar-11 199,70010 80


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Mar-11 vs. Mar-12: The number of for sale properties is up 5% and the number of sold properties is down 33%


Mar-11 vs. Mar-12

135 +5%

William Cobb

142

Mar-12

Supply & Demand by Month

ChangeMar-11 %

7

Mar-11 Mar-12 %

15 -33%

Mar-11 vs. Mar-12

10

Change

-5



Sq Ft:

Denham Springs


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 MonthMar-11 vs. Mar-12: The number of for sale properties is up 5% and the number of sold properties is down 33%

William Cobb Accurate Valuations Group

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

Mar-12 170 135142 10

Feb-12 147 123155 17

Jan-12 136 161159 14

Dec-11 122 96164 10

Nov-11 107 78159 10

Oct-11 93 121156 11

Sep-11 106 126118 13

Aug-11 105 146122 23

Jul-11 103 167124 21

Jun-11 136 128108 25

May-11 136 141121 21

Apr-11 161 137129 13

Mar-11 154 148135 15


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Mar-12

108

Mar-11

170

%

-36%

Change

-62

Mar-11 vs. Mar-12: The average days on market is down 36%The Average Days on Market by Month


Mar-11 vs. Mar-12

William Cobb



Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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The Average Days on Market by MonthMar-11 vs. Mar-12: The average days on market is down 36%


Time Period # UC UnitsAverage DOM

Mar-12 14108

Feb-12 2791

Jan-12 18152

Dec-11 14108

Nov-11 13108

Oct-11 14126

Sep-11 12114

Aug-11 2098

Jul-11 15163

Jun-11 31129

May-11 17191

Apr-11 18169

Mar-11 13170


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Mar-11 vs. Mar-12: The average months supply of inventory is up 4%


Mar-11 vs. Mar-12

8.6 +4%

William Cobb

9.0

Mar-12

Months Supply of Inventory

ChangeMar-11 %

0.4




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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Months Supply of InventoryMar-11 vs. Mar-12: The average months supply of inventory is up 4%


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

Mar-12 14 108126 9.0

Feb-12 27 91126 4.7

Jan-12 18 152139 7.7

Dec-11 14 108147 10.5

Nov-11 13 108144 11.1

Oct-11 14 126140 10.0

Sep-11 12 114102 8.5

Aug-11 20 9895 4.8

Jul-11 15 163103 6.9

Jun-11 31 12973 2.4

May-11 17 19198 5.8

Apr-11 18 16997 5.4

Mar-11 13 170112 8.6



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Denham Springs New DSF Homes Housing Study March 2011 vs March 2012

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