May-201484,000

May-2013106,000

%-21

Change-22,000

May-2013 vs May-2014: The median sold price is down -21%Median Sold Price by Month

Accurate Valuations Group

May-2013 vs. May-2014

William Cobb

Clarus MarketMetrics® 06/10/2014Information 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: : Multi-Family

East Baton RougePrice:

Median Sold Price by MonthMay-2013 vs May-2014: The median sold price is down -21%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

May-14 84,000 1 69

Apr-14 48,750 10 159

Mar-14 88,750 2 44

Feb-14 60,000 10 135

Jan-14 90,750 4 252

Dec-13 145,500 6 150

Nov-13 96,000 9 451

Oct-13 95,000 7 210

Sep-13 84,500 10 77

Aug-13 127,000 12 80

Jul-13 127,450 8 30

Jun-13 73,250 12 261

May-13 106,000 3 194

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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May-2013 vs May-2014: The median price of for sale properties is up 14% and the median price of sold properties is down -21%

Accurate Valuations Group

May-2013 vs. May-2014

139,900 14

William Cobb

160,000May-2014

Median For Sale vs Median Sold

ChangeMay-2013 %20,100

May-2013 May-2014 %106,000 -21

May-2013 vs. May-2014

84,000Change-22,000

Clarus MarketMetrics® 06/10/2014Information 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: : Multi-Family

East Baton RougePrice:

Median For Sale vs Median SoldMay-2013 vs May-2014: The median price of for sale properties is up 14% and the median price of sold properties is down -21%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

May-14 85 1160,000 84,000 -76,000Apr-14 93 10150,000 48,750 -101,250Mar-14 91 2150,000 88,750 -61,250Feb-14 87 10125,000 60,000 -65,000Jan-14 90 4125,000 90,750 -34,250Dec-13 102 6127,000 145,500 18,500Nov-13 99 9139,900 96,000 -43,900Oct-13 104 7127,450 95,000 -32,450Sep-13 106 10128,500 84,500 -44,000Aug-13 111 12125,000 127,000 2,000Jul-13 116 8133,500 127,450 -6,050Jun-13 117 12139,900 73,250 -66,650May-13 107 3139,900 106,000 -33,900

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

06/10/201422/

May-20141

May-20133

%-67

Change-2

May-2013 vs May-2014: The number of Sold properties is down -67%Sold Properties by Month

Accurate Valuations Group

May-2013 vs. May-2014

William Cobb

Clarus MarketMetrics® 06/10/2014Information 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: : Multi-Family

East Baton RougePrice:

Sold Properties by MonthMay-2013 vs May-2014: The number of Sold properties is down -67%

Accurate Valuations GroupWilliam Cobb

Time Period Units Median Price Avg DOM

May-14 84,0001 69Apr-14 48,75010 159Mar-14 88,7502 44Feb-14 60,00010 135Jan-14 90,7504 252Dec-13 145,5006 150Nov-13 96,0009 451Oct-13 95,0007 210Sep-13 84,50010 77Aug-13 127,00012 80Jul-13 127,4508 30Jun-13 73,25012 261May-13 106,0003 194

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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May-20146

May-20135

%20

Change1

May-2013 vs May-2014: The number of Under Contract properties is up 20%Under Contract Properties by Month

Accurate Valuations Group

May-2013 vs. May-2014

William Cobb

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1/2

AllBathrooms: SqFt:All

: Multi-Family

All Square FootageConstruction Type: Lot Size:GBRAR

East Baton Rouge

Period: 1 Year MonthlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

County:

Under Contract Properties by MonthMay-2013 vs May-2014: The number of Under Contract properties is up 20%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime PeriodMay-14 110,0006 83Apr-14 148,50010 47Mar-14 20,0003 372Feb-14 70,0006 30Jan-14 101,0003 415Dec-13 80,0007 35Nov-13 185,0005 272Oct-13 107,00016 348Sep-13 62,5006 120Aug-13 120,0009 49Jul-13 79,2009 43Jun-13 145,00010 127May-13 73,0005 98

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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May-20147

May-201320

%-65

Change-13

May-2013 vs May-2014: The number of New properties is down -65%New Properties by Month

Accurate Valuations Group

May-2013 vs. May-2014

William Cobb

Clarus MarketMetrics® 06/10/2014Information 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: : Multi-Family

East Baton RougePrice:

New Properties by MonthMay-2013 vs May-2014: The number of New properties is down -65%

Accurate Valuations GroupWilliam Cobb

Units Median PriceTime PeriodMay-14 128,0007Apr-14 91,50011Mar-14 169,95016Feb-14 148,0007Jan-14 139,9009Dec-13 98,00015Nov-13 114,95012Oct-13 120,95010Sep-13 81,0007Aug-13 85,00012Jul-13 125,00021Jun-13 139,00019May-13 129,95020

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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May-201485

May-2013107

%-21

Change-22

May-2013 vs May-2014: The number of For Sale properties is down -21%For Sale Properties by Month

Accurate Valuations Group

May-2013 vs. May-2014

William Cobb

Clarus MarketMetrics® 06/10/2014Information 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: : Multi-Family

East Baton RougePrice:

For Sale Properties by MonthMay-2013 vs May-2014: The number of For Sale properties is down -21%

Accurate Valuations GroupWilliam Cobb

Units Avg DOMMedian PriceTime Period

May-14 160,00085 255Apr-14 150,00093 224Mar-14 150,00091 229Feb-14 125,00087 237Jan-14 125,00090 239Dec-13 127,000102 220Nov-13 139,90099 237Oct-13 127,450104 254Sep-13 128,500106 234Aug-13 125,000111 204Jul-13 133,500116 191Jun-13 139,900117 194May-13 139,900107 196

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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May-20147

May-20134

%75

Change3

May-2013 vs May-2014: The number of Expired properties is up 75%Expired Properties by Month

Accurate Valuations Group

May-2013 vs. May-2014

William Cobb

06/10/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

County:Property Types: : Multi-Family

East Baton RougePrice:

Expired Properties by MonthMay-2013 vs May-2014: The number of Expired properties is up 75%

Accurate Valuations GroupWilliam Cobb

Avg DOMUnits Median PriceMay-14 120,0007 227Apr-14 115,0005 235Mar-14 89,5006 211Feb-14 77,0006 340Jan-14 199,0007 262Dec-13 148,50014 229Nov-13 149,9007 345Oct-13 45,5001 13Sep-13 205,0006 121Aug-13 160,0003 126Jul-13 144,9508 278Jun-13 200,00012 180May-13 143,5004 182

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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May-2013 vs May-2014: The number of for sale properties is down -21% and the number of sold properties is down -67%

Accurate Valuations Group

May-2013 vs. May-2014

107 -21

William Cobb

85May-2014

Supply & Demand by Month

ChangeMay-2013 %-22

May-2013 May-2014 %3 -67

May-2013 vs. May-2014

1Change

-2

Clarus MarketMetrics® 06/10/2014Information 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: : Multi-Family

East Baton RougePrice:

Supply & Demand by MonthMay-2013 vs May-2014: The number of for sale properties is down -21% and the number of sold properties is down -67%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

May-14 255 6985 1Apr-14 224 15993 10Mar-14 229 4491 2Feb-14 237 13587 10Jan-14 239 25290 4Dec-13 220 150102 6Nov-13 237 45199 9Oct-13 254 210104 7Sep-13 234 77106 10Aug-13 204 80111 12Jul-13 191 30116 8Jun-13 194 261117 12May-13 196 194107 3

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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May-201483

May-201398

%-15

Change-15

May-2013 vs May-2014: The average days on market is down -15%The Average Days on Market by Month

Accurate Valuations Group

May-2013 vs. May-2014

William Cobb

East Baton RougeAll 1 Year Monthly

County:Period:Price:

Property Types: : Multi-Family

06/10/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

The Average Days on Market by MonthMay-2013 vs May-2014: The average days on market is down -15%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodMay-14 683Apr-14 1047Mar-14 3372Feb-14 630Jan-14 3415Dec-13 735Nov-13 5272Oct-13 16348Sep-13 6120Aug-13 949Jul-13 943Jun-13 10127May-13 598

Clarus MarketMetrics® 2/2 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

May-2013 vs May-2014: The average months supply of inventory is down -39%

Accurate Valuations Group

May-2013 vs. May-2014

19.6 -39

William Cobb

12May-2014

Months Supply of Inventory

ChangeMay-2013 %-7.6

Clarus MarketMetrics® 06/10/2014Information 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: : Multi-Family

East Baton RougePrice:

Months Supply of InventoryMay-2013 vs May-2014: The average months supply of inventory is down -39%

William Cobb Accurate Valuations Group

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

UC Avg DOMTime Period

May-14 6 8372 12.0Apr-14 10 4778 7.8Mar-14 3 37282 27.3Feb-14 6 3075 12.5Jan-14 3 41580 26.7Dec-13 7 3581 11.6Nov-13 5 27287 17.4Oct-13 16 34887 5.4Sep-13 6 12094 15.7Aug-13 9 4999 11.0Jul-13 9 4399 11.0Jun-13 10 12795 9.5May-13 5 9898 19.6

Clarus MarketMetrics® 06/10/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

22/