RICHMOND

PLACE

DENHAM

SPRINGS

HOME SALES

REPORT

Q3 2011 VS

Q3 2014

Based on information from

Greater Baton Rouge

Association of REALTORS®\MLS

for period 07/01/2011 to

09/30/2014, extracted on

10/29/2014.

Q3-2014151,950

Q3-2011135,000

%13

Change16,950

Q3-2011 vs Q3-2014: The median sold price is up 13%Median Sold Price by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Richmond PlacePrice:

Median Sold Price by quarterQ3-2011 vs Q3-2014: The median sold price is up 13%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Q3 2014 151,950 10 59

Q2 2014 157,000 8 38

Q1 2014 142,900 3 77

Q4 2013 156,000 9 87

Q3 2013 153,950 6 34

Q2 2013 143,500 6 93

Q1 2013 151,500 6 57

Q4 2012 150,000 1 105

Q3 2012 143,000 6 74

Q2 2012 145,000 5 98

Q1 2012 126,250 4 79

Q4 2011 137,000 5 65

Q3 2011 135,000 7 48

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201410

Q3-20117

%43

Change3

Q3-2011 vs Q3-2014: The number of Sold properties is up 43%Sold Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Richmond PlacePrice:

Sold Properties by quarterQ3-2011 vs Q3-2014: The number of Sold properties is up 43%

Accurate Valuations GroupWilliam Cobb

Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Q3 2014 151,95010 59 2 20.0 133,000 8 80.0 156,450

Q2 2014 157,0008 38 0 0.0 8 100.0 157,000

Q1 2014 142,9003 77 1 33.3 142,900 2 66.7 88,000

Q4 2013 156,0009 87 2 22.2 127,000 7 77.8 158,000

Q3 2013 153,9506 34 2 33.3 106,950 4 66.7 154,000

Q2 2013 143,5006 93 2 33.3 133,700 4 66.7 145,000

Q1 2013 151,5006 57 2 33.3 87,799 4 66.7 154,450

Q4 2012 150,0001 105 0 0.0 1 100.0 150,000

Q3 2012 143,0006 74 2 33.3 135,900 4 66.7 143,000

Q2 2012 145,0005 98 0 0.0 5 100.0 145,000

Q1 2012 126,2504 79 2 50.0 124,750 2 50.0 137,500

Q4 2011 137,0005 65 2 40.0 120,690 3 60.0 155,000

Q3 2011 135,0007 48 1 14.3 124,900 6 85.7 136,450

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-20145

Q3-20119

%-44

Change-4

Q3-2011 vs Q3-2014: The number of Under Contract properties is down -44%Under Contract Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

Richmond Place

Period: 3 Year QuarterlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Under Contract Properties by quarterQ3-2011 vs Q3-2014: The number of Under Contract properties is down -44%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 139,9005 48 139,90060.03125,95040.02Q2 2014 160,45012 50 162,00091.711124,9008.31Q1 2014 157,0004 58 159,00075.03142,90025.01Q4 2013 142,5008 87 152,00075.06132,95025.02Q3 2013 161,9506 51 161,95066.74118,45033.32Q2 2013 145,0007 64 147,50071.45134,90028.62Q1 2013 154,9005 69 154,900100.050.00Q4 2012 117,0003 73 154,90033.3190,70066.72Q3 2012 149,9002 72 149,900100.020.00Q2 2012 147,4006 106 147,44966.74139,90033.32Q1 2012 145,9506 80 146,90083.35136,00016.71Q4 2011 129,9003 50 159,90033.31121,30066.72Q3 2011 139,0009 58 139,00088.98130,00011.11

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201448

Q3-201158

%-17

Change-10

Q3-2011 vs Q3-2014: The average days on market is down -17%The Average Days on Market by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Richmond PlaceAll 3 Year Quarterly

Subdivision:Period:Price:

Property Types: : Residential

10/29/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

Q3-20144

Q3-20116

%-33

Change-2

Q3-2011 vs Q3-2014: The number of Expired properties is down -33%Expired Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

10/29/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Richmond PlacePrice:

Expired Properties by quarterQ3-2011 vs Q3-2014: The number of Expired properties is down -33%

Accurate Valuations GroupWilliam Cobb

Median Price Units% BankAvg DOMUnits Median Price

Bank Properties

Units

Non-Bank Properties

% Non-Bank Median Price

Full Market

Q3 2014 168,7004 92 0 0.0 4 100.0 168,700Q2 2014 118,0003 494 1 33.3 118,000 2 66.7 107,499Q1 2014 148,5001 371 0 0.0 1 100.0 148,500Q4 2013 116,5001 366 0 0.0 1 100.0 116,500Q3 2013 0 0 0Q2 2013 144,0003 190 3 100.0 144,000 0 0.0Q1 2013 147,4502 337 0 0.0 2 100.0 147,450Q4 2012 164,9001 185 0 0.0 1 100.0 164,900Q3 2012 155,4002 113 0 0.0 2 100.0 155,400Q2 2012 151,2004 250 0 0.0 4 100.0 151,200Q1 2012 147,2502 92 0 0.0 2 100.0 147,250Q4 2011 149,9454 198 0 0.0 4 100.0 149,945Q3 2011 156,4506 127 0 0.0 6 100.0 156,450

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

The Average Days on Market by quarterQ3-2011 vs Q3-2014: The average days on market is down -17%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodQ3 2014 548Q2 2014 1250Q1 2014 458Q4 2013 887Q3 2013 651Q2 2013 764Q1 2013 569Q4 2012 373Q3 2012 272Q2 2012 6106Q1 2012 680Q4 2011 350Q3 2011 958

Clarus MarketMetrics® 2/2 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

Q3-201410

Q3-20119

%11

Change1

Q3-2011 vs Q3-2014: The number of New properties is up 11%New Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Richmond PlacePrice:

New Properties by quarterQ3-2011 vs Q3-2014: The number of New properties is up 11%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 153,36510 2 20.0 103,650 8 80.0 158,365Q2 2014 157,40012 2 16.7 125,950 10 83.3 160,450Q1 2014 146,4006 2 33.3 133,900 4 66.7 154,450Q4 2013 163,0005 0 0.0 5 100.0 163,000Q3 2013 159,0009 2 22.2 149,900 7 77.8 159,000Q2 2013 137,9508 3 37.5 118,000 5 62.5 147,500Q1 2013 149,2008 2 25.0 137,900 6 75.0 149,900Q4 2012 154,5007 2 28.6 102,700 5 71.4 154,900Q3 2012 139,9005 2 40.0 141,950 3 60.0 139,900Q2 2012 149,9496 2 33.3 133,450 4 66.7 154,949Q1 2012 139,9006 1 16.7 129,900 5 83.3 139,900Q4 2011 145,00011 2 18.2 132,950 9 81.8 146,900Q3 2011 139,0009 2 22.2 121,350 7 77.8 154,900

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201416

Q3-201123

%-30

Change-7

Q3-2011 vs Q3-2014: The number of For Sale properties is down -30%For Sale Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Richmond PlacePrice:

For Sale Properties by quarterQ3-2011 vs Q3-2014: The number of For Sale properties is down -30%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time Period

Q3 2014 152,90016 51 4 25.0 119,200 12 75.0 158,365Q2 2014 155,90021 110 4 19.0 121,450 17 81.0 159,999Q1 2014 152,45014 166 3 21.4 124,900 11 78.6 159,000Q4 2013 149,00017 155 3 17.6 129,900 14 82.4 155,000Q3 2013 149,20018 120 5 27.8 129,900 13 72.2 155,000Q2 2013 141,00019 114 8 42.1 137,950 11 57.9 147,500Q1 2013 147,20018 136 5 27.8 141,000 13 72.2 149,900Q4 2012 144,50014 136 5 35.7 139,900 9 64.3 154,500Q3 2012 144,00011 124 3 27.3 139,900 8 72.7 147,450Q2 2012 147,65016 144 3 18.8 129,900 13 81.2 149,999Q1 2012 145,00018 123 2 11.1 132,950 16 88.9 145,950Q4 2011 149,90019 117 3 15.8 129,900 16 84.2 149,900Q3 2011 149,90023 113 2 8.7 121,350 21 91.3 149,990

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-2011 vs Q3-2014: The number of for sale properties is down -30% and the number of sold properties is up 43%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

23 -30

William Cobb

16Q3-2014

Supply & Demand by quarter

ChangeQ3-2011 %-7

Q3-2011 Q3-2014 %7 43

Q3-2011 vs. Q3-2014

10Change

3

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Richmond PlacePrice:

Supply & Demand by quarterQ3-2011 vs Q3-2014: The number of for sale properties is down -30% and the number of sold properties is up 43%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Q3 2014 51 5916 10Q2 2014 110 3821 8Q1 2014 166 7714 3Q4 2013 155 8717 9Q3 2013 120 3418 6Q2 2013 114 9319 6Q1 2013 136 5718 6Q4 2012 136 10514 1Q3 2012 124 7411 6Q2 2012 144 9816 5Q1 2012 123 7918 4Q4 2011 117 6519 5Q3 2011 113 4823 7

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-2011 vs Q3-2014: The median price of for sale properties is up 2% and the median price of sold properties is up 13%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

149,900 2

William Cobb

152,900Q3-2014

Median For Sale vs Median Sold

ChangeQ3-2011 %3,000

Q3-2011 Q3-2014 %135,000 13

Q3-2011 vs. Q3-2014

151,950Change16,950

Clarus MarketMetrics® 10/29/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Richmond PlacePrice:

Median For Sale vs Median SoldQ3-2011 vs Q3-2014: The median price of for sale properties is up 2% and the median price of sold properties is up 13%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Q3 2014 16 10152,900 151,950 -950Q2 2014 21 8155,900 157,000 1,100Q1 2014 14 3152,450 142,900 -9,550Q4 2013 17 9149,000 156,000 7,000Q3 2013 18 6149,200 153,950 4,750Q2 2013 19 6141,000 143,500 2,500Q1 2013 18 6147,200 151,500 4,300Q4 2012 14 1144,500 150,000 5,500Q3 2012 11 6144,000 143,000 -1,000Q2 2012 16 5147,650 145,000 -2,650Q1 2012 18 4145,000 126,250 -18,750Q4 2011 19 5149,900 137,000 -12,900Q3 2011 23 7149,900 135,000 -14,900

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

10/29/201422/