Denham Springs Woodland Crossing Subdivision 2011 Comprehensive Housing Report

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

Transcript of Denham Springs Woodland Crossing 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).

Woodland Crossing, Denham Springs, Louisiana 70726

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

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Dec-11

134,000

Dec-10

139,900

%

-4%

Change

-5,900

Dec-10 vs. Dec-11: The median sold price is down 4%Median 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:

Woodland Crossing

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 4%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Dec-11 134,000 1 23

Nov-11 134,650 4 44

Oct-11 140,950 4 142

Sep-11 175,900 1 103

Aug-11 139,900 3 188

Jul-11 143,950 6 143

Jun-11 135,900 3 95

May-11 135,900 7 101Apr-11 144,388 6 122

Mar-11 134,900 5 41

Feb-11 169,900 3 80

Jan-11 124,000 7 101

Dec-10 139,900 3 148

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 up 7% and the median price of sold properties is down 4%

Accurate Valuations Group

Dec-10 vs. Dec-11

151,400 +7%

William Cobb

162,450

Dec-11

Median For Sale vs. Median Sold

ChangeDec-10 %

11,050

Dec-10 Dec-11 %

139,900 -4%

Dec-10 vs. Dec-11

134,000

Change

-5,900

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:

Woodland Crossing

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 For Sale vs. Median SoldDec-10 vs. Dec-11: The median price of for sale properties is up 7% and the median price of sold properties is down 4%

Accurate Valuations GroupWilliam Cobb

Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Dec-11 26 1162,450 134,000 -28,450

Nov-11 23 4147,950 134,650 -13,300

Oct-11 34 4148,850 140,950 -7,900

Sep-11 24 1150,900 175,900 25,000

Aug-11 21 3159,900 139,900 -20,000

Jul-11 24 6159,900 143,950 -15,950

Jun-11 30 3153,900 135,900 -18,000

May-11 30 7153,900 135,900 -18,000

Apr-11 35 6154,900 144,388 -10,513

Mar-11 43 5150,000 134,900 -15,100

Feb-11 44 3149,900 169,900 20,000

Jan-11 45 7149,900 124,000 -25,900

Dec-10 48 3151,400 139,900 -11,500

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

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Dec-11

1

Dec-10

3

%

-67%

Change

-2

Dec-10 vs. Dec-11: The number of Sold properties is down 67%Sold 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:

Woodland Crossing

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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Sold Properties by MonthDec-10 vs. Dec-11: The number of Sold properties is down 67%

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOM

Dec-11 134,0001 23

Nov-11 134,6504 44

Oct-11 140,9504 142

Sep-11 175,9001 103

Aug-11 139,9003 188

Jul-11 143,9506 143

Jun-11 135,9003 95

May-11 135,9007 101Apr-11 144,3886 122

Mar-11 134,9005 41

Feb-11 169,9003 80

Jan-11 124,0007 101

Dec-10 139,9003 148

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

2

Dec-10

6

%

-67%

Change

-4

Dec-10 vs. Dec-11: The number of Under Contract properties is down 67%Under 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:

Woodland Crossing

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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Under Contract Properties by MonthDec-10 vs. Dec-11: The number of Under Contract properties is down 67%

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOMDec-11 139,6752 79

Nov-11 127,5002 8

Oct-11 144,40010 130

Sep-11 99,9001 98

Aug-11 162,9002 152

Jul-11 119,9001 22

Jun-11 141,9007 166

May-11 139,9005 102Apr-11 149,9004 126

Mar-11 142,4506 88

Feb-11 134,9003 59

Jan-11 125,9506 71

Dec-10 132,4506 106

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

6

Dec-10

2

%

+200%

Change

4

Dec-10 vs. Dec-11: The number of New properties is up 200%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:

Woodland Crossing

Residential: (Detached Single Family, Preconstruction DSF)

Period: All All

Property Types:

Subdivision:

All

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

10 of 21

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New Properties by MonthDec-10 vs. Dec-11: The number of New properties is up 200%

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median PriceDec-11 172,4006

Nov-11 143,4502

Oct-11 147,92514

Sep-11 138,0007

Aug-11 139,9003

Jul-11 128,0005

Jun-11 143,8506

May-11 130,9504Apr-11 172,9502

Mar-11 152,9003

Feb-11 149,9006

Jan-11 147,45014

Dec-10 159,3502

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

26

Dec-10

48

%

-46%

Change

-22

Dec-10 vs. Dec-11: The number of For Sale properties is down 46%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:

Woodland Crossing

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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For Sale Properties by MonthDec-10 vs. Dec-11: The number of For Sale properties is down 46%

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOMDec-11 162,45026 112

Nov-11 147,95023 115

Oct-11 148,85034 118

Sep-11 150,90024 164

Aug-11 159,90021 180

Jul-11 159,90024 164

Jun-11 153,90030 163

May-11 153,90030 167Apr-11 154,90035 172

Mar-11 150,00043 159

Feb-11 149,90044 137

Jan-11 149,90045 120

Dec-10 151,40048 144

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

2

Dec-10

11

%

-82%

Change

-9

Dec-10 vs. Dec-11: The number of Expired properties is down 82%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:

Woodland Crossing

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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Expired Properties by MonthDec-10 vs. Dec-11: The number of Expired properties is down 82%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price# Properties Average DOMDec-11 169,9502 138

Nov-11 159,9001 366

Oct-11 148,8003 213

Sep-11 168,0003 166

Aug-11 147,3502 34

Jul-11 159,9005 176

Jun-11 158,7004 92

May-11 137,9001 242Apr-11 149,9005 253

Mar-11 164,9504 342

Feb-11 142,9001 161

Jan-11 147,9001 38

Dec-10 152,90011 194

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 down 46% and the number of sold properties is down 67%

Accurate Valuations Group

Dec-10 vs. Dec-11

48 -46%

William Cobb

26

Dec-11

Supply & Demand by Month

ChangeDec-10 %

-22

Dec-10 Dec-11 %

3 -67%

Dec-10 vs. Dec-11

1

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:

Woodland Crossing

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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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 down 46% and the number of sold properties is down 67%

William Cobb Accurate Valuations Group

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

Dec-11 112 2326 1

Nov-11 115 4423 4

Oct-11 118 14234 4

Sep-11 164 10324 1

Aug-11 180 18821 3

Jul-11 164 14324 6

Jun-11 163 9530 3

May-11 167 10130 7

Apr-11 172 12235 6

Mar-11 159 4143 5

Feb-11 137 8044 3

Jan-11 120 10145 7

Dec-10 144 14848 3

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

79

Dec-10

106

%

-26%

Change

-27

Dec-10 vs. Dec-11: The average days on market is down 26%The 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:

Woodland Crossing

Residential: (Detached Single Family, Preconstruction DSF)

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 average days on market is down 26%

Accurate Valuations GroupWilliam Cobb

Time Period # UC UnitsAverage DOM

Dec-11 279

Nov-11 28

Oct-11 10130

Sep-11 198

Aug-11 2152

Jul-11 122

Jun-11 7166

May-11 5102

Apr-11 4126

Mar-11 688

Feb-11 359

Jan-11 671

Dec-10 6106

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 average months supply of inventory is up 113%

Accurate Valuations Group

Dec-10 vs. Dec-11

5.2 +113%

William Cobb

11.0

Dec-11

Months Supply of Inventory

ChangeDec-10 %

5.8

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:

Woodland Crossing

Residential: (Detached Single Family, Preconstruction DSF)

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 average months supply of inventory is up 113%

William Cobb Accurate Valuations Group

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

Dec-11 2 7922 11.0

Nov-11 2 820 10.0

Oct-11 10 13021 2.1

Sep-11 1 9820 20.0

Aug-11 2 15217 8.5

Jul-11 1 2218 18.0

Jun-11 7 16619 2.7

May-11 5 10224 4.8

Apr-11 4 12626 6.5

Mar-11 6 8833 5.5

Feb-11 3 5940 13.3

Jan-11 6 7138 6.3

Dec-10 6 10631 5.2

Clarus MarketMetrics®  2 of 2 01/16/2012

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

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