Denham Springs South Point Subdivision 2011 Comprehensive Housing Report

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01/16/2012 Clarus MarketMetrics® Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors ( www.terradatum.com/about/licensors.td). South Point, Denham Sprgs, Louisiana 70726 William Cobb Accurate Valuations Group Market Dynamics Prepared For 1 of 21

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01/16/2012Clarus MarketMetrics® 

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South Point, Denham Sprgs, Louisiana 70726

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

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Dec-11

153,000

Dec-10

0

%Change

153,000

Dec-10 vs. Dec-11: The percent change calculation is N/AMedian Sold Price by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics®  1 of 2 01/16/2012

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

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

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Median Sold Price by MonthDec-10 vs. Dec-11: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Dec-11 153,000 2 73

Nov-11 0

Oct-11 147,000 3 47

Sep-11 120,500 3 66

Aug-11 119,000 4 91

Jul-11 0

Jun-11 140,000 3 47

May-11 106,600 2 67Apr-11 134,950 6 98

Mar-11 135,950 6 82

Feb-11 119,750 2 124

Jan-11 100,000 1 179

Dec-10 0

Clarus MarketMetrics®  2 of 2 01/16/2012

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Dec-10 vs. Dec-11: The median price of for sale properties is down 0% and the percent change in the median price of sold

Accurate Valuations Group

Dec-10 vs. Dec-11

142,450 -0%

William Cobb

142,000

Dec-11

Median For Sale vs. Median Sold

ChangeDec-10 %

-450

Dec-10 Dec-11 %

0

Dec-10 vs. Dec-11

153,000

Change

153,000

Clarus MarketMetrics®  1 of 2 01/16/2012

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AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

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Median For Sale vs. Median SoldDec-10 vs. Dec-11: The median price of for sale properties is down 0% and the percent change in the median price of sold

Accurate Valuations GroupWilliam Cobb

Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Dec-11 27 2142,000 153,000 11,000

Nov-11 28 0139,950

Oct-11 24 3144,450 147,000 2,550

Sep-11 26 3149,900 120,500 -29,400

Aug-11 30 4149,450 119,000 -30,450

Jul-11 27 0149,000

Jun-11 27 3149,000 140,000 -9,000

May-11 21 2146,900 106,600 -40,301

Apr-11 21 6149,000 134,950 -14,050

Mar-11 25 6129,900 135,950 6,050

Feb-11 21 2144,999 119,750 -25,249

Jan-11 26 1130,900 100,000 -30,900

Dec-10 24 0142,450

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Dec-11

2

Dec-10

0

%Change

2

Dec-10 vs. Dec-11: The percent change calculation is N/ASold Properties by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics®  1 of 2 01/16/2012

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

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

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Sold Properties by MonthDec-10 vs. Dec-11: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOM

Dec-11 153,0002 73

Nov-11 0

Oct-11 147,0003 47

Sep-11 120,5003 66

Aug-11 119,0004 91

Jul-11 0

Jun-11 140,0003 47

May-11 106,6002 67Apr-11 134,9506 98

Mar-11 135,9506 82

Feb-11 119,7502 124

Jan-11 100,0001 179

Dec-10 0

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Dec-11

3

Dec-10

0

%Change

3

Dec-10 vs. Dec-11: The percent change calculation is N/AUnder Contract Properties by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics®  1 of 2 01/16/2012

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

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

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Under Contract Properties by MonthDec-10 vs. Dec-11: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOMDec-11 136,0003 119

Nov-11 174,0001 96

Oct-11 139,9001 50

Sep-11 149,9001 72

Aug-11 124,9934 86

Jul-11 150,4004 61

Jun-11 131,4502 34

May-11 0Apr-11 127,5004 114

Mar-11 128,9005 67

Feb-11 131,9003 134

Jan-11 128,9007 80

Dec-10 0

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Dec-11

3

Dec-10

4

%

-25%

Change

-1

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

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics®  1 of 2 01/16/2012

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

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

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New Properties by MonthDec-10 vs. Dec-11: The number of New properties is down 25%

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median PriceDec-11 105,9003

Nov-11 112,4006

Oct-11 134,9003

Sep-11 146,9502

Aug-11 149,9009

Jul-11 132,9506

Jun-11 150,0007

May-11 140,0007Apr-11 151,9506

Mar-11 129,4508

Feb-11 155,0003

Jan-11 139,9007

Dec-10 129,9004

Clarus MarketMetrics®  2 of 2 01/16/2012Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Dec-11

27

Dec-10

24

%

+12%

Change

3

Dec-10 vs. Dec-11: The number of For Sale properties is up 12%For Sale Properties by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics®  1 of 2 01/16/2012

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

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

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For Sale Properties by MonthDec-10 vs. Dec-11: The number of For Sale properties is up 12%

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOMDec-11 142,00027 119

Nov-11 139,95028 104

Oct-11 144,45024 102

Sep-11 149,90026 84

Aug-11 149,45030 72

Jul-11 149,00027 70

Jun-11 149,00027 65

May-11 146,90021 59Apr-11 149,00021 70

Mar-11 129,90025 73

Feb-11 144,99921 101

Jan-11 130,90026 90

Dec-10 142,45024 102

Clarus MarketMetrics®  2 of 2 01/16/2012Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Dec-11

4

Dec-10

5

%

-20%

Change

-1

Dec-10 vs. Dec-11: The number of Expired properties is down 20%Expired Properties by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics®  1 of 2 01/16/2012

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

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

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Expired Properties by MonthDec-10 vs. Dec-11: The number of Expired properties is down 20%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price# Properties Average DOMDec-11 144,9004 131

Nov-11 115,0003 90

Oct-11 154,9001 263

Sep-11 159,9504 83

Aug-11 165,5002 154

Jul-11 129,4002 95

Jun-11 144,7504 107

May-11 159,9001 82Apr-11 149,9003 102

Mar-11 155,0005 100

Feb-11 176,9001 185

Jan-11 160,0001 134

Dec-10 157,0005 189

Clarus MarketMetrics®  2 of 2 01/16/2012Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Dec-10 vs. Dec-11: The number of for sale properties is up 12% and the percent change in the number of sold properties is

Accurate Valuations Group

Dec-10 vs. Dec-11

24 +12%

William Cobb

27

Dec-11

Supply & Demand by Month

ChangeDec-10 %

3

Dec-10 Dec-11 %

0

Dec-10 vs. Dec-11

2

Change

2

Clarus MarketMetrics®  1 of 2 01/16/2012Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

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Willi C bb A t V l ti G

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Supply & Demand by MonthDec-10 vs. Dec-11: The number of for sale properties is up 12% and the percent change in the number of sold properties is

William Cobb Accurate Valuations Group

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

Dec-11 119 7327 2

Nov-11 10428 0

Oct-11 102 4724 3

Sep-11 84 6626 3

Aug-11 72 9130 4

Jul-11 7027 0

Jun-11 65 4727 3

May-11 59 6721 2

Apr-11 70 9821 6

Mar-11 73 8225 6

Feb-11 101 12421 2

Jan-11 90 17926 1

Dec-10 10224 0

Clarus MarketMetrics®  2 of 2 01/16/2012Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Accurate Valuations GroupWilliam Cobb

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Dec-11

119

Dec-10

0

%Change

119

Dec-10 vs. Dec-11: The percent change calculation is N/AThe Average Days on Market by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics®  1 of 2 01/16/2012Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

18 of 21

Accurate Valuations GroupWilliam Cobb

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The Average Days on Market by MonthDec-10 vs. Dec-11: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period # UC UnitsAverage DOM

Dec-11 3119

Nov-11 196

Oct-11 150

Sep-11 172

Aug-11 486

Jul-11 461

Jun-11 234

May-11 0

Apr-11 4114

Mar-11 567

Feb-11 3134

Jan-11 780

Dec-10 0

Clarus MarketMetrics®  2 of 2 01/16/2012Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Accurate Valuations GroupWilliam Cobb

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Dec-10 vs. Dec-11: The percent change calculation is N/A

Accurate Valuations Group

Dec-10 vs. Dec-11

0.0

William Cobb

6.7

Dec-11

Months Supply of Inventory

ChangeDec-10 %

6.7

Clarus MarketMetrics®  1 of 2 01/16/2012

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

AllBathrooms:MLS: AllAll

Sq Ft:

South Point

Residential: (Detached Single Family)

Period: All All

Property Types:

Subdivision:

All

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

20 of 21

William Cobb Accurate Valuations Group

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Months Supply of InventoryDec-10 vs. Dec-11: The percent change calculation is N/A

William Cobb Accurate Valuations Group

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

Dec-11 3 11920 6.7

Nov-11 1 9624 24.0

Oct-11 1 5022 22.0

Sep-11 1 7221 21.0

Aug-11 4 8624 6.0

Jul-11 4 6121 5.2

Jun-11 2 3421 10.5

May-11 020

Apr-11 4 11414 3.5

Mar-11 5 6715 3.0

Feb-11 3 13417 5.7

Jan-11 7 8018 2.6

Dec-10 019

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