Denham Springs Westminister Estates Subdivision 2011 Comprehensive Housing Report

8/3/2019 Denham Springs Westminister Estates Subdivision 2011 Comprehensive Housing Report

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01/16/2012Clarus MarketMetrics®

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

Westminister Estates, Denham Springs, Louisiana 70726

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

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Dec-11

134,500

Dec-10

151,000

%

-11%

Change

-16,500

Dec-10 vs. Dec-11: The median sold price is down 11%Median Sold Price by Month

Accurate Valuations Group

Dec-10 vs. Dec-11

William Cobb

Clarus MarketMetrics® 1 of 2 01/16/2012


AllBathrooms:MLS: AllAll

Sq Ft:

Westminister Estates

Residential: (Detached Single Family, Preconstruction DSF)

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 median sold price is down 11%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Dec-11 134,500 1 4

Nov-11 146,000 2 64

Oct-11 0

Sep-11 0

Aug-11 137,000 2 110

Jul-11 122,199 1 55

Jun-11 152,450 2 101

May-11 151,000 2 70Apr-11 127,000 2 12

Mar-11 137,950 2 278

Feb-11 144,900 1 35

Jan-11 0

Dec-10 151,000 1 35



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Dec-10 vs. Dec-11: The median price of for sale properties is up 3% and the median price of sold properties is down 11%


Dec-10 vs. Dec-11

155,900 +3%

William Cobb

160,000

Dec-11

Median For Sale vs. Median Sold

ChangeDec-10 %

4,100

Dec-10 Dec-11 %

151,000 -11%

Dec-10 vs. Dec-11

134,500

Change

-16,500




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


4 of 21



Median For Sale vs. Median SoldDec-10 vs. Dec-11: The median price of for sale properties is up 3% and the median price of sold properties is down 11%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Dec-11 5 1160,000 134,500 -25,500

Nov-11 5 2154,500 146,000 -8,500

Oct-11 7 0149,999

Sep-11 6 0157,250

Aug-11 4 2157,500 137,000 -20,499

Jul-11 7 1149,999 122,199 -27,800

Jun-11 10 2146,200 152,450 6,250

May-11 13 2147,900 151,000 3,100

Apr-11 12 2148,945 127,000 -21,945

Mar-11 13 2144,990 137,950 -7,040

Feb-11 14 1147,950 144,900 -3,050

Jan-11 11 0144,990

Dec-10 9 1155,900 151,000 -4,900

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

2 of 2 01/16/2012

5 of 21



Dec-11

1

Dec-10

1

%

0%

Change

0

Dec-10 vs. Dec-11: The number of Sold properties has not changedSold Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


6 of 21



Sold Properties by MonthDec-10 vs. Dec-11: The number of Sold properties has not changed


Time Period # Properties Median Price Average DOM

Dec-11 134,5001 4

Nov-11 146,0002 64

Oct-11 0

Sep-11 0

Aug-11 137,0002 110

Jul-11 122,1991 55

Jun-11 152,4502 101

May-11 151,0002 70Apr-11 127,0002 12

Mar-11 137,9502 278

Feb-11 144,9001 35

Jan-11 0

Dec-10 151,0001 35

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

7 of 21



Dec-11

0

Dec-10

1

%

-100%

Change

-1

Dec-10 vs. Dec-11: The number of Under Contract properties is down 100%Under Contract Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


8 of 21



Under Contract Properties by MonthDec-10 vs. Dec-11: The number of Under Contract properties is down 100%


Time Period # Properties Median Price Average DOMDec-11 0

Nov-11 146,3451 19

Oct-11 139,5742 56

Sep-11 0

Aug-11 0

Jul-11 141,2252 110

Jun-11 131,6001 55

May-11 154,9454 86Apr-11 0

Mar-11 117,4002 261

Feb-11 148,0001 11

Jan-11 144,9001 35

Dec-10 155,0001 47


9 of 21



Dec-11

1

Dec-10

2

%

-50%

Change

-1

Dec-10 vs. Dec-11: The number of New properties is down 50%New Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


10 of 21



New Properties by MonthDec-10 vs. Dec-11: The number of New properties is down 50%


Time Period # Properties Median PriceDec-11 207,9001

Nov-11 150,0001

Oct-11 137,7482

Sep-11 157,2502

Aug-11 0

Jul-11 165,0001

Jun-11 149,9502

May-11 142,5001Apr-11 162,0003

Mar-11 136,9502

Feb-11 148,9454

Jan-11 142,4454

Dec-10 135,9502


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Dec-11

5

Dec-10

9

%

-44%

Change

-4

Dec-10 vs. Dec-11: The number of For Sale properties is down 44%For Sale Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


12 of 21



For Sale Properties by MonthDec-10 vs. Dec-11: The number of For Sale properties is down 44%


Time Period # Properties Median Price Average DOMDec-11 160,0005 114

Nov-11 154,5005 88

Oct-11 149,9997 78

Sep-11 157,2506 80

Aug-11 157,5004 92

Jul-11 149,9997 76

Jun-11 146,20010 103

May-11 147,90013 96Apr-11 148,94512 80

Mar-11 144,99013 112

Feb-11 147,95014 109

Jan-11 144,99011 116

Dec-10 155,9009 159


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Dec-11

0

Dec-10

1

%

-100%

Change

-1

Dec-10 vs. Dec-11: The number of Expired properties is down 100%Expired Properties by Month


Dec-10 vs. Dec-11

William Cobb




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


14 of 21



Expired Properties by MonthDec-10 vs. Dec-11: The number of Expired properties is down 100%


Time Period Median Price# Properties Average DOMDec-11 0

Nov-11 0

Oct-11 149,9001 123

Sep-11 165,0001 69

Aug-11 0

Jul-11 168,8001 86

Jun-11 134,5003 202

May-11 147,9001 93Apr-11 0

Mar-11 149,9002 150

Feb-11 178,4002 193

Jan-11 0

Dec-10 163,9001 400


15 of 21



Dec-10 vs. Dec-11: The number of for sale properties is down 44% and the number of sold properties has not changed


Dec-10 vs. Dec-11

9 -44%

William Cobb

5

Dec-11

Supply & Demand by Month

ChangeDec-10 %

-4

Dec-10 Dec-11 %

1 0%

Dec-10 vs. Dec-11

1

Change

0



Sq Ft:



Period: All All

Property Types:

Subdivision:

All


16 of 21

Willi C bb A t V l ti G



Supply & Demand by MonthDec-10 vs. Dec-11: The number of for sale properties is down 44% and the number of sold properties has not changed

William Cobb Accurate Valuations Group

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

Dec-11 114 45 1

Nov-11 88 645 2

Oct-11 787 0

Sep-11 806 0

Aug-11 92 1104 2

Jul-11 76 557 1

Jun-11 103 10110 2

May-11 96 7013 2

Apr-11 80 1212 2

Mar-11 112 27813 2

Feb-11 109 3514 1

Jan-11 11611 0

Dec-10 159 359 1


17 of 21




Dec-11

0

Dec-10

47

%

-100%

Change

-47

Dec-10 vs. Dec-11: The average days on market is down 100%The Average Days on Market by Month


Dec-10 vs. Dec-11

William Cobb



Sq Ft:



Period: All All

Property Types:

Subdivision:

All


18 of 21




The Average Days on Market by MonthDec-10 vs. Dec-11: The average days on market is down 100%


Time Period # UC UnitsAverage DOM

Dec-11 0

Nov-11 119

Oct-11 256

Sep-11 0

Aug-11 0

Jul-11 2110

Jun-11 155

May-11 486

Apr-11 0

Mar-11 2261

Feb-11 111

Jan-11 135

Dec-10 147


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Dec-10 vs. Dec-11: The average months supply of inventory is down 100%


Dec-10 vs. Dec-11

7.0 -100%

William Cobb

0.0

Dec-11

Months Supply of Inventory

ChangeDec-10 %

-7.0




Sq Ft:



Period: All All

Property Types:

Subdivision:

All


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Months Supply of InventoryDec-10 vs. Dec-11: The average months supply of inventory is down 100%


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

Dec-11 05

Nov-11 1 194 4.0

Oct-11 2 564 2.0

Sep-11 05

Aug-11 04

Jul-11 2 1104 2.0

Jun-11 1 556 6.0

May-11 4 868 2.0

Apr-11 012

Mar-11 2 2619 4.5

Feb-11 1 1111 11.0

Jan-11 1 3510 10.0

Dec-10 1 477 7.0



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Denham Springs Westminister Estates Subdivision 2011 Comprehensive Housing Report

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