Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

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WESTDALE HEIGHTS BATON ROUGE 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 10/22/2014 .

description

Westdale Heights Baton Rouge Louisiana 70808 Home Sales Q3 2011 vs Q3 2014, Baton Rouge Garden District Photos inside Westdale Heights Pinterest Board are here: http://www.pinterest.com/billdcobb/westdale-heights-subdivision-baton-rouge-70808/ Published by Bill Cobb, Greater Baton Rouge's Home Appraiser 225-293-1500 http://www.homeappraisalsbatonrouge.com Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 07/01/2011 to 09/30/2014, extracted on 10/22/2014.

Transcript of Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Page 1: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

WESTDALE

HEIGHTS

BATON ROUGE

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

10/22/2014.

Page 2: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-2014362,500

Q3-2011279,000

%30

Change83,500

Q3-2011 vs Q3-2014: The median sold price is up 30%Median Sold Price by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/22/2014Information 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

Westdale HeightsPrice:

Page 3: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Median Sold Price by quarterQ3-2011 vs Q3-2014: The median sold price is up 30%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Q3 2014 362,500 1 166

Q2 2014 390,000 3 17

Q1 2014 325,000 1 5

Q4 2013 314,500 2 114

Q3 2013 322,500 2 166

Q2 2013 0Q1 2013 0Q4 2012 407,500 2 294

Q3 2012 298,000 1 55

Q2 2012 485,000 3 216

Q1 2012 475,000 1 55

Q4 2011 292,500 2 54

Q3 2011 279,000 2 34

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 4: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014
Page 5: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-2011 vs Q3-2014: The median price of for sale properties is down -22% and the median price of sold properties is up 30%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

392,500 -22

William Cobb

304,900Q3-2014

Median For Sale vs Median Sold

ChangeQ3-2011 %-87,600

Q3-2011 Q3-2014 %279,000 30

Q3-2011 vs. Q3-2014

362,500Change83,500

Clarus MarketMetrics® 10/22/2014Information 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

Westdale HeightsPrice:

Page 6: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Median For Sale vs Median SoldQ3-2011 vs Q3-2014: The median price of for sale properties is down -22% and the median price of sold properties is up 30%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Q3 2014 6 1304,900 362,500 57,600Q2 2014 4 3377,450 390,000 12,550Q1 2014 5 1339,900 325,000 -14,900Q4 2013 3 2312,000 314,500 2,500Q3 2013 6 2325,500 322,500 -3,000Q2 2013 4 0366,950 -366,950Q1 2013 4 0386,950 -386,950Q4 2012 6 2384,950 407,500 22,550Q3 2012 7 1374,900 298,000 -76,900Q2 2012 6 3372,000 485,000 113,000Q1 2012 8 1380,000 475,000 95,000Q4 2011 9 2420,000 292,500 -127,500Q3 2011 10 2392,500 279,000 -113,500

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

10/22/201422/

Page 7: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-20141

Q3-20112

%-50

Change-1

Q3-2011 vs Q3-2014: The number of Sold properties is down -50%Sold Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/22/2014Information 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

Westdale HeightsPrice:

Page 8: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Sold Properties by quarterQ3-2011 vs Q3-2014: The number of Sold properties is down -50%

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 362,5001 166 0 0.0 1 100.0 362,500

Q2 2014 390,0003 17 0 0.0 3 100.0 390,000

Q1 2014 325,0001 5 0 0.0 1 100.0 325,000

Q4 2013 314,5002 114 0 0.0 2 100.0 314,500

Q3 2013 322,5002 166 0 0.0 2 100.0 322,500

Q2 2013 0 0 0

Q1 2013 0 0 0

Q4 2012 407,5002 294 0 0.0 2 100.0 407,500

Q3 2012 298,0001 55 0 0.0 1 100.0 298,000

Q2 2012 485,0003 216 0 0.0 3 100.0 485,000

Q1 2012 475,0001 55 0 0.0 1 100.0 475,000

Q4 2011 292,5002 54 0 0.0 2 100.0 292,500

Q3 2011 279,0002 34 0 0.0 2 100.0 279,000

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 9: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-20142

Q3-20112

%0

Change0

Q3-2011 vs Q3-2014: The number of Under Contract properties has not changedUnder Contract Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

Westdale Heights

Period: 3 Year QuarterlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Page 10: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Under Contract Properties by quarterQ3-2011 vs Q3-2014: The number of Under Contract properties has not changed

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 495,0002 162 495,000100.020.00Q2 2014 319,9002 3 319,900100.020.00Q1 2014 426,4002 26 426,400100.020.00Q4 2013 325,5002 114 325,500100.020.00Q3 2013 329,9502 166 329,950100.020.00Q2 2013 0 00Q1 2013 0 00Q4 2012 447,5002 294 447,500100.020.00Q3 2012 349,0001 55 349,000100.010.00Q2 2012 362,0002 246 362,000100.020.00Q1 2012 719,0001 156 719,000100.010.00Q4 2011 459,9502 72 459,950100.020.00Q3 2011 221,2002 30 221,200100.020.00

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 11: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-20144

Q3-20116

%-33

Change-2

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

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/22/2014Information 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

Westdale HeightsPrice:

Page 12: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

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

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 269,9504 0 0.0 4 100.0 269,950Q2 2014 379,9003 0 0.0 3 100.0 379,900Q1 2014 357,4504 0 0.0 4 100.0 357,450Q4 2013 0 0 0Q3 2013 312,0003 0 0.0 3 100.0 312,000Q2 2013 199,9001 0 0.0 1 100.0 199,900Q1 2013 391,9502 0 0.0 2 100.0 391,950Q4 2012 0 0 0Q3 2012 374,9003 0 0.0 3 100.0 374,900Q2 2012 302,4502 0 0.0 2 100.0 302,450Q1 2012 334,9003 0 0.0 3 100.0 334,900Q4 2011 499,9001 0 0.0 1 100.0 499,900Q3 2011 420,0006 1 16.7 420,000 5 83.3 420,000

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 13: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-20146

Q3-201110

%-40

Change-4

Q3-2011 vs Q3-2014: The number of For Sale properties is down -40%For Sale Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 10/22/2014Information 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

Westdale HeightsPrice:

Page 14: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

For Sale Properties by quarterQ3-2011 vs Q3-2014: The number of For Sale properties is down -40%

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 304,9006 81 0 0.0 6 100.0 304,900Q2 2014 377,4504 51 0 0.0 4 100.0 377,450Q1 2014 339,9005 66 0 0.0 5 100.0 339,900Q4 2013 312,0003 138 0 0.0 3 100.0 312,000Q3 2013 325,5006 124 0 0.0 6 100.0 325,500Q2 2013 366,9504 142 0 0.0 4 100.0 366,950Q1 2013 386,9504 127 0 0.0 4 100.0 386,950Q4 2012 384,9506 222 0 0.0 6 100.0 384,950Q3 2012 374,9007 150 0 0.0 7 100.0 374,900Q2 2012 372,0006 174 0 0.0 6 100.0 372,000Q1 2012 380,0008 158 0 0.0 8 100.0 380,000Q4 2011 420,0009 147 1 11.1 420,000 8 88.9 459,500Q3 2011 392,50010 77 1 10.0 420,000 9 90.0 365,000

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 15: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-20140

Q3-20110

%N/A

Change0

Q3-2011 vs Q3-2014: The number of Expired properties : The percent change calculation is N/AExpired Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

10/22/2014Clarus 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

Westdale HeightsPrice:

Page 16: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Expired Properties by quarterQ3-2011 vs Q3-2014: The number of Expired properties : The percent change calculation is N/A

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 0 0 0Q2 2014 0 0 0Q1 2014 224,9502 117 0 0.0 2 100.0 224,950Q4 2013 0 0 0Q3 2013 359,0001 183 0 0.0 1 100.0 359,000Q2 2013 424,9001 97 0 0.0 1 100.0 424,900Q1 2013 399,0001 185 0 0.0 1 100.0 399,000Q4 2012 325,4502 193 0 0.0 2 100.0 325,450Q3 2012 0 0 0Q2 2012 0 0 0Q1 2012 334,9003 72 0 0.0 3 100.0 334,900Q4 2011 289,9502 113 1 50.0 420,000 1 50.0 159,900Q3 2011 0 0 0

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 17: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-2011 vs Q3-2014: The number of for sale properties is down -40% and the number of sold properties is down -50%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

10 -40

William Cobb

6Q3-2014

Supply & Demand by quarter

ChangeQ3-2011 %-4

Q3-2011 Q3-2014 %2 -50

Q3-2011 vs. Q3-2014

1Change

-1

Clarus MarketMetrics® 10/22/2014Information 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

Westdale HeightsPrice:

Page 18: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Supply & Demand by quarterQ3-2011 vs Q3-2014: The number of for sale properties is down -40% and the number of sold properties is down -50%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Q3 2014 81 1666 1Q2 2014 51 174 3Q1 2014 66 55 1Q4 2013 138 1143 2Q3 2013 124 1666 2Q2 2013 1424 0Q1 2013 1274 0Q4 2012 222 2946 2Q3 2012 150 557 1Q2 2012 174 2166 3Q1 2012 158 558 1Q4 2011 147 549 2Q3 2011 77 3410 2

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

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Page 19: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

Q3-2014162

Q3-201130

%440

Change132

Q3-2011 vs Q3-2014: The average days on market is up 440%The Average Days on Market by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Westdale HeightsAll 3 Year Quarterly

Subdivision:Period:Price:

Property Types: : Residential

10/22/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

Page 20: Westdale Heights Baton Rouge LA 70808 Home Sales Q3 2011 vs Q3 2014

The Average Days on Market by quarterQ3-2011 vs Q3-2014: The average days on market is up 440%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodQ3 2014 2162Q2 2014 23Q1 2014 226Q4 2013 2114Q3 2013 2166Q2 2013 0Q1 2013 0Q4 2012 2294Q3 2012 155Q2 2012 2246Q1 2012 1156Q4 2011 272Q3 2011 230

Clarus MarketMetrics® 2/2 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).