Greater Baton Rouge Home Sales March 2013 vs March 2014

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Greater Baton Rouge Home Sales March 2013 vs March 2014 Published on www.batonrougehousingreports.com. Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 03/01/2013 to 03/31/2014 extracted 04/16/2014. ALL Property Types Ages. East & West Baton Rouge, Livingston & Ascension Parishes or Counties.

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Greater Baton Rouge Home Sales March 2013 vs March 2014 in Baton Rouge Real Estate by Bill Cobb, Greater Baton Rouge's Home Appraiser Data use disclaimer is located on pdf.

Transcript of Greater Baton Rouge Home Sales March 2013 vs March 2014

Page 1: Greater Baton Rouge Home Sales March 2013 vs March 2014

Greater Baton Rouge Home Sales March 2013 vs March 2014

Published on www.batonrougehousingreports.com. Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 03/01/2013 to 03/31/2014 extracted 04/16/2014. ALL Property Types Ages. East & West Baton Rouge, Livingston & Ascension Parishes or Counties.

Page 2: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-2014181,000

Mar-2013168,547

%7

Change12,453

Mar-2013 vs Mar-2014: The median sold price is up 7%Median Sold Price by Month

Accurate Valuations Group

Mar-2013 vs. Mar-2014

William Cobb

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 3: Greater Baton Rouge Home Sales March 2013 vs March 2014

Median Sold Price by MonthMar-2013 vs Mar-2014: The median sold price is up 7%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Mar-14 181,000 608 95

Feb-14 169,000 555 94

Jan-14 167,500 487 89

Dec-13 179,900 597 81

Nov-13 174,000 549 82

Oct-13 172,900 613 86

Sep-13 169,900 674 80

Aug-13 175,025 854 80

Jul-13 179,000 793 76

Jun-13 179,700 804 81

May-13 174,250 792 90

Apr-13 176,250 754 92

Mar-13 168,547 716 91

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 4: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-2013 vs Mar-2014: The median price of for sale properties is up 5% and the median price of sold properties is up 7%

Accurate Valuations Group

Mar-2013 vs. Mar-2014

169,900 5

William Cobb

179,000Mar-2014

Median For Sale vs Median Sold

ChangeMar-2013 %9,100

Mar-2013 Mar-2014 %168,547 7

Mar-2013 vs. Mar-2014

181,000Change12,453

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 5: Greater Baton Rouge Home Sales March 2013 vs March 2014

Median For Sale vs Median SoldMar-2013 vs Mar-2014: The median price of for sale properties is up 5% and the median price of sold properties is up 7%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Mar-14 4,591 608179,000 181,000 2,000Feb-14 4,547 555174,900 169,000 -5,900Jan-14 4,575 487173,000 167,500 -5,500Dec-13 4,522 597170,000 179,900 9,900Nov-13 4,760 549172,950 174,000 1,050Oct-13 5,000 613173,500 172,900 -600Sep-13 4,930 674170,000 169,900 -100Aug-13 4,999 854170,900 175,025 4,125Jul-13 5,011 793173,900 179,000 5,100Jun-13 4,979 804174,500 179,700 5,200May-13 4,991 792174,900 174,250 -650Apr-13 4,968 754172,700 176,250 3,550Mar-13 4,932 716169,900 168,547 -1,353

Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

04/17/201422/

Page 6: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-2014608

Mar-2013716

%-15

Change-108

Mar-2013 vs Mar-2014: The number of Sold properties is down -15%Sold Properties by Month

Accurate Valuations Group

Mar-2013 vs. Mar-2014

William Cobb

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 7: Greater Baton Rouge Home Sales March 2013 vs March 2014

Sold Properties by MonthMar-2013 vs Mar-2014: The number of Sold properties is down -15%

Accurate Valuations GroupWilliam Cobb

Time Period Units Median Price Avg DOM

Mar-14 181,000608 95Feb-14 169,000555 94Jan-14 167,500487 89Dec-13 179,900597 81Nov-13 174,000549 82Oct-13 172,900613 86Sep-13 169,900674 80Aug-13 175,025854 80Jul-13 179,000793 76Jun-13 179,700804 81May-13 174,250792 90Apr-13 176,250754 92Mar-13 168,547716 91

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 8: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-2014892

Mar-2013817

%9

Change75

Mar-2013 vs Mar-2014: The number of Under Contract properties is up 9%Under Contract Properties by Month

Accurate Valuations Group

Mar-2013 vs. Mar-2014

William Cobb

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

East Baton Rouge, Ascension, Livingston, West Baton Rouge

Period: 1 Year MonthlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

County:

Page 9: Greater Baton Rouge Home Sales March 2013 vs March 2014

Under Contract Properties by MonthMar-2013 vs Mar-2014: The number of Under Contract properties is up 9%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime PeriodMar-14 175,000892 87Feb-14 179,900657 91Jan-14 175,000636 107Dec-13 172,000459 88Nov-13 185,000537 84Oct-13 175,900645 80Sep-13 179,900574 90Aug-13 174,950700 80Jul-13 179,950730 83Jun-13 175,000728 78May-13 179,900784 82Apr-13 178,400830 83Mar-13 180,000817 92

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 10: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-2014993

Mar-20131,130

%-12

Change-137

Mar-2013 vs Mar-2014: The number of New properties is down -12%New Properties by Month

Accurate Valuations Group

Mar-2013 vs. Mar-2014

William Cobb

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 11: Greater Baton Rouge Home Sales March 2013 vs March 2014

New Properties by MonthMar-2013 vs Mar-2014: The number of New properties is down -12%

Accurate Valuations GroupWilliam Cobb

Units Median PriceTime PeriodMar-14 189,900993Feb-14 179,900940Jan-14 181,950896Dec-13 174,950614Nov-13 169,950740Oct-13 180,000981Sep-13 169,5001,009Aug-13 178,7501,074Jul-13 173,5001,094Jun-13 179,0001,073May-13 180,0001,154Apr-13 180,0001,177Mar-13 175,0001,130

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 12: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-20144,591

Mar-20134,932

%-7

Change-341

Mar-2013 vs Mar-2014: The number of For Sale properties is down -7%For Sale Properties by Month

Accurate Valuations Group

Mar-2013 vs. Mar-2014

William Cobb

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 13: Greater Baton Rouge Home Sales March 2013 vs March 2014

For Sale Properties by MonthMar-2013 vs Mar-2014: The number of For Sale properties is down -7%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime Period

Mar-14 179,0004,591 146Feb-14 174,9004,547 149Jan-14 173,0004,575 154Dec-13 170,0004,522 158Nov-13 172,9504,760 146Oct-13 173,5005,000 137Sep-13 170,0004,930 137Aug-13 170,9004,999 138Jul-13 173,9005,011 141Jun-13 174,5004,979 141May-13 174,9004,991 141Apr-13 172,7004,968 141Mar-13 169,9004,932 147

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 14: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-2014277

Mar-2013324

%-15

Change-47

Mar-2013 vs Mar-2014: The number of Expired properties is down -15%Expired Properties by Month

Accurate Valuations Group

Mar-2013 vs. Mar-2014

William Cobb

04/17/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 15: Greater Baton Rouge Home Sales March 2013 vs March 2014

Expired Properties by MonthMar-2013 vs Mar-2014: The number of Expired properties is down -15%

Accurate Valuations GroupWilliam Cobb

Avg DOMUnits Median PriceMar-14 160,000277 191Feb-14 164,400292 195Jan-14 169,950332 185Dec-13 174,450384 220Nov-13 179,900315 179Oct-13 164,000335 175Sep-13 164,900337 180Aug-13 158,000378 212Jul-13 188,100356 219Jun-13 168,750334 184May-13 169,000301 185Apr-13 164,900301 172Mar-13 151,750324 198

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 16: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-2013 vs Mar-2014: The number of for sale properties is down -7% and the number of sold properties is down -15%

Accurate Valuations Group

Mar-2013 vs. Mar-2014

4,932 -7

William Cobb

4,591Mar-2014

Supply & Demand by Month

ChangeMar-2013 %-341

Mar-2013 Mar-2014 %716 -15

Mar-2013 vs. Mar-2014

608Change

-108

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 17: Greater Baton Rouge Home Sales March 2013 vs March 2014

Supply & Demand by MonthMar-2013 vs Mar-2014: The number of for sale properties is down -7% and the number of sold properties is down -15%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Mar-14 146 954,591 608Feb-14 149 944,547 555Jan-14 154 894,575 487Dec-13 158 814,522 597Nov-13 146 824,760 549Oct-13 137 865,000 613Sep-13 137 804,930 674Aug-13 138 804,999 854Jul-13 141 765,011 793Jun-13 141 814,979 804May-13 141 904,991 792Apr-13 141 924,968 754Mar-13 147 914,932 716

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 18: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-201487

Mar-201392

%-5

Change-5

Mar-2013 vs Mar-2014: The average days on market is down -5%The Average Days on Market by Month

Accurate Valuations Group

Mar-2013 vs. Mar-2014

William Cobb

East Baton Rouge, Ascension, Livingston, West Baton RougeAll 1 Year Monthly

County:Period:Price:

Property Types: : Residential

04/17/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

All Lot Size:Bathrooms:AllConstruction Type:MLS: GBRAR

Page 19: Greater Baton Rouge Home Sales March 2013 vs March 2014

The Average Days on Market by MonthMar-2013 vs Mar-2014: The average days on market is down -5%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodMar-14 89287Feb-14 65791Jan-14 636107Dec-13 45988Nov-13 53784Oct-13 64580Sep-13 57490Aug-13 70080Jul-13 73083Jun-13 72878May-13 78482Apr-13 83083Mar-13 81792

Clarus MarketMetrics® 2/2 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Page 20: Greater Baton Rouge Home Sales March 2013 vs March 2014

Mar-2013 vs Mar-2014: The average months supply of inventory is down -17%

Accurate Valuations Group

Mar-2013 vs. Mar-2014

4.6 -17

William Cobb

3.8Mar-2014

Months Supply of Inventory

ChangeMar-2013 %-0.8

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Page 21: Greater Baton Rouge Home Sales March 2013 vs March 2014

Months Supply of InventoryMar-2013 vs Mar-2014: The average months supply of inventory is down -17%

William Cobb Accurate Valuations Group

During MonthLast Day of Month MSI# Units For Sale # UC Units

UC Avg DOMTime Period

Mar-14 892 873,422 3.8Feb-14 657 913,598 5.5Jan-14 636 1073,607 5.7Dec-13 459 883,679 8.0Nov-13 537 843,908 7.3Oct-13 645 804,020 6.2Sep-13 574 904,019 7.0Aug-13 700 803,921 5.6Jul-13 730 833,925 5.4Jun-13 728 783,917 5.4May-13 784 823,906 5.0Apr-13 830 833,837 4.6Mar-13 817 923,791 4.6

Clarus MarketMetrics® 04/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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