Denham Springs Woodland Crossing Subdivision Housing Report 10 13 2011

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    10/13/2011Clarus MarketMetrics

    Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    Denham Springs , LA 70726

    William CobbAccurate Valuations Group

    Market Dynamics

    Prepared For

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    Sep-11

    175,900

    Sep-10

    161,400

    %

    +9%

    Change

    14,500

    Sep-10 vs. Sep-11: The median sold price is up 9%Median Sold Price by Month

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    William Cobb

    Clarus MarketMetrics 1 of 2 10/13/2011

    Information not guaranteed. 2009-2010 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 MonthSep-10 vs. Sep-11: The median sold price is up 9%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price # Units Average DOM

    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 7 101

    Apr-11 144,388 6 122

    Mar-11 134,900 5 41

    Feb-11 169,900 3 80Jan-11 124,000 7 101

    Dec-10 139,900 3 148

    Nov-10 153,900 3 76

    Oct-10 151,450 2 28

    Sep-10 161,400 1 1

    Clarus MarketMetrics 2 of 2 10/13/2011

    Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Sep-10 vs. Sep-11: The median price of for sale properties is down 3% and the median price of sold properties is up 9%

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    153,900 -3%

    William Cobb

    148,900

    Sep-11

    Median For Sale vs. Median Sold

    ChangeSep-10 %

    -5,000

    Sep-10 Sep-11 %

    161,400 +9%

    Sep-10 vs. Sep-11

    175,900

    Change

    14,500

    Clarus MarketMetrics 1 of 2 10/13/2011

    Information not guaranteed. 2009-2010 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 SoldSep-10 vs. Sep-11: The median price of for sale properties is down 3% and the median price of sold properties is up 9%

    Accurate Valuations GroupWilliam Cobb

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Sep-11 23 1148,900 175,900 27,000

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

    Jul-11 23 6159,900 143,950 -15,950

    Jun-11 29 3152,900 135,900 -17,000

    May-11 29 7152,900 135,900 -17,000

    Apr-11 34 6153,900 144,388 -9,513

    Mar-11 42 5149,950 134,900 -15,050

    Feb-11 43 3149,900 169,900 20,000

    Jan-11 44 7149,900 124,000 -25,900

    Dec-10 47 3150,000 139,900 -10,100

    Nov-10 54 3149,900 153,900 4,000

    Oct-10 48 2151,400 151,450 50

    Sep-10 49 1153,900 161,400 7,500

    Clarus MarketMetricsInformation not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Sep-11

    1

    Sep-10

    1

    %

    0%

    Change

    0

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

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    William Cobb

    Clarus MarketMetrics 1 of 2 10/13/2011

    Information not guaranteed. 2009-2010 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 MonthSep-10 vs. Sep-11: The number of Sold properties has not changed

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOM

    Sep-11 175,9001 103

    Aug-11 139,9003 188

    Jul-11 143,9506 143

    Jun-11 135,9003 95

    May-11 135,9007 101

    Apr-11 144,3886 122

    Mar-11 134,9005 41

    Feb-11 169,9003 80Jan-11 124,0007 101

    Dec-10 139,9003 148

    Nov-10 153,9003 76

    Oct-10 151,4502 28

    Sep-10 161,4001 1

    Clarus MarketMetrics 2 of 2 10/13/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Sep-11

    1

    Sep-10

    3

    %

    -67%

    Change

    -2

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

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    William Cobb

    Clarus MarketMetrics 1 of 2 10/13/2011

    Information not guaranteed. 2009-2010 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 MonthSep-10 vs. Sep-11: The number of Under Contract properties is down 67%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMSep-11 99,9001 98

    Aug-11 149,9003 113

    Jul-11 119,9001 22

    Jun-11 141,9007 166

    May-11 139,9005 102

    Apr-11 149,9004 126

    Mar-11 142,4506 88

    Feb-11 134,9003 59Jan-11 125,9506 71

    Dec-10 132,4506 106

    Nov-10 149,9005 154

    Oct-10 174,4502 47

    Sep-10 153,9003 70

    Clarus MarketMetrics 2 of 2 10/13/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Sep-11

    7

    Sep-10

    5

    %

    +40%

    Change

    2

    Sep-10 vs. Sep-11: The number of New properties is up 40%New Properties by Month

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    William Cobb

    Clarus MarketMetrics 1 of 2 10/13/2011

    Information not guaranteed. 2009-2010 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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    New Properties by MonthSep-10 vs. Sep-11: The number of New properties is up 40%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median PriceSep-11 138,0007

    Aug-11 139,9003

    Jul-11 128,0005

    Jun-11 143,8756

    May-11 130,9504

    Apr-11 172,9502

    Mar-11 152,9003

    Feb-11 149,9006Jan-11 147,45014

    Dec-10 159,3502

    Nov-10 133,4508

    Oct-10 149,9506

    Sep-10 164,9005

    Clarus MarketMetrics 2 of 2 10/13/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Sep-11

    23

    Sep-10

    49

    %

    -53%

    Change

    -26

    Sep-10 vs. Sep-11: The number of For Sale properties is down 53%For Sale Properties by Month

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    William Cobb

    Clarus MarketMetrics 1 of 2 10/13/2011

    Information not guaranteed. 2009-2010 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 MonthSep-10 vs. Sep-11: The number of For Sale properties is down 53%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMSep-11 148,90023 162

    Aug-11 159,90021 173

    Jul-11 159,90023 158

    Jun-11 152,90029 159

    May-11 152,90029 164

    Apr-11 153,90034 170

    Mar-11 149,95042 159

    Feb-11 149,90043 137Jan-11 149,90044 120

    Dec-10 150,00047 145

    Nov-10 149,90054 128

    Oct-10 151,40048 117

    Sep-10 153,90049 104

    Clarus MarketMetrics 2 of 2 10/13/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Sep-11

    3

    Sep-10

    4

    %

    -25%

    Change

    -1

    Sep-10 vs. Sep-11: The number of Expired properties is down 25%Expired Properties by Month

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    William Cobb

    Clarus MarketMetrics 1 of 2 10/13/2011

    Information not guaranteed. 2009-2010 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 MonthSep-10 vs. Sep-11: The number of Expired properties is down 25%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price# Properties Average DOMSep-11 168,0003 166

    Aug-11 147,3502 34

    Jul-11 154,9004 134

    Jun-11 158,7004 92

    May-11 137,9001 242

    Apr-11 149,9005 253

    Mar-11 164,9504 342

    Feb-11 142,9001 161Jan-11 147,9001 38

    Dec-10 152,90011 194

    Nov-10 138,2504 186

    Oct-10 0

    Sep-10 172,4954 150

    Clarus MarketMetrics 2 of 2 10/13/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Sep-10 vs. Sep-11: The number of for sale properties is down 53% and the number of sold properties has not changed

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    49 -53%

    William Cobb

    23

    Sep-11

    Supply & Demand by Month

    ChangeSep-10 %

    -26

    Sep-10 Sep-11 %

    1 0%

    Sep-10 vs. Sep-11

    1

    Change

    0

    Clarus MarketMetrics 1 of 2 10/13/2011Information not guaranteed. 2009-2010 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 MonthSep-10 vs. Sep-11: The number of for sale properties is down 53% 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

    Sep-11 162 10323 1

    Aug-11 173 18821 3

    Jul-11 158 14323 6

    Jun-11 159 9529 3

    May-11 164 10129 7

    Apr-11 170 12234 6

    Mar-11 159 4142 5

    Feb-11 137 8043 3

    Jan-11 120 10144 7

    Dec-10 145 14847 3

    Nov-10 128 7654 3

    Oct-10 117 2848 2

    Sep-10 104 149 1

    Clarus MarketMetrics 2 of 2 10/13/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Accurate Valuations GroupWilliam Cobb

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    Sep-11

    98

    Sep-10

    70

    %

    +39%

    Change

    28

    Sep-10 vs. Sep-11: The average days on market is up 39%The Average Days on Market by Month

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    William Cobb

    Clarus MarketMetrics 1 of 2 10/13/2011Information not guaranteed. 2009-2010 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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    Accurate Valuations GroupWilliam Cobb

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    The Average Days on Market by MonthSep-10 vs. Sep-11: The average days on market is up 39%

    Accurate Valuations GroupWilliam Cobb

    Time Period # UC UnitsAverage DOM

    Sep-11 198

    Aug-11 3113

    Jul-11 122

    Jun-11 7166

    May-11 5102

    Apr-11 4126

    Mar-11 688

    Feb-11 359

    Jan-11 671

    Dec-10 6106

    Nov-10 5154

    Oct-10 247

    Sep-10 370

    Clarus MarketMetrics 2 of 2 10/13/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Accurate Valuations GroupWilliam Cobb

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    Sep-10 vs. Sep-11: The average months supply of inventory is up 36%

    Accurate Valuations Group

    Sep-10 vs. Sep-11

    14.0 +36%

    William Cobb

    19.0

    Sep-11

    Months Supply of Inventory

    ChangeSep-10 %

    5.0

    Clarus MarketMetrics 1 of 2 10/13/2011

    Information not guaranteed. 2009-2010 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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    William Cobb Accurate Valuations Group

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    Months Supply of InventorySep-10 vs. Sep-11: The average months supply of inventory is up 36%

    William Cobb Accurate Valuations Group

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

    Sep-11 1 9819 19.0

    Aug-11 3 11316 5.3

    Jul-11 1 2218 18.0

    Jun-11 7 16618 2.6

    May-11 5 10223 4.6

    Apr-11 4 12625 6.2

    Mar-11 6 8832 5.3

    Feb-11 3 5939 13.0

    Jan-11 6 7137 6.2

    Dec-10 6 10630 5.0

    Nov-10 5 15445 9.0

    Oct-10 2 4746 23.0

    Sep-10 3 7042 14.0

    Clarus MarketMetrics 2 of 2 10/13/2011

    Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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