East Baton Rouge New Homes Sold Properties February 2012 Versus February 2013

7/29/2019 East Baton Rouge New Homes Sold Properties February 2012 Versus February 2013

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03/26/2013Clarus MarketMetrics

Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

EBRP 2/2012 vs 2/2013, East Baton Rouge NEW HOMES

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21


2/21

Feb-13

227,500

Feb-12

217,300

%

+5%

Change

10,200

Feb-12 vs. Feb-13: The median sold price is up 5%Median Sold Price by Month

Accurate Valuations Group

Feb-12 vs. Feb-13

William Cobb

Clarus MarketMetrics 1 of 2 03/26/2013


AllBathrooms:MLS: NewAll

Sq Ft:

East Baton Rouge

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)

Period: All All

Property Types:

County:

All

Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

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Median Sold Price by MonthFeb-12 vs. Feb-13: The median sold price is up 5%

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOM

Feb-13 227,500 40 169

J an-13 225,900 51 108

Dec-12 230,445 39 112

Nov-12 214,000 51 109

Oct-12 212,937 55 119

Sep-12 233,374 47 152

Aug-12 223,750 56 110

J ul-12 216,800 54 115

J un-12 219,600 51 115

May-12 204,450 50 109

Apr-12 205,000 38 161

Mar-12 237,000 30 126

Feb-12 217,300 29 137



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4/21

Feb-12 vs. Feb-13: The median price of for sale properties is up 0% and the median price of sold properties is up 5%


Feb-12 vs. Feb-13

224,900 +0%

William Cobb

225,900

Feb-13

Median For Sale vs. Median Sold

ChangeFeb-12 %

1,000

Feb-12 Feb-13 %

217,300 +5%

Feb-12 vs. Feb-13

227,500

Change

10,200




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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5/21

Median For Sale vs. Median SoldFeb-12 vs. Feb-13: The median price of for sale properties is up 0% and the median price of sold properties is up 5%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Feb-13 361 40225,900 227,500 1,600

J an-13 375 51224,900 225,900 1,000

Dec-12 354 39235,450 230,445 -5,005

Nov-12 376 51229,950 214,000 -15,950

Oct-12 401 55235,000 212,937 -22,063

Sep-12 362 47235,000 233,374 -1,626

Aug-12 391 56234,300 223,750 -10,550

J ul-12 433 54230,000 216,800 -13,200

J un-12 434 51220,000 219,600 -400

May-12 416 50217,200 204,450 -12,750

Apr-12 409 38224,900 205,000 -19,900

Mar-12 422 30225,525 237,000 11,475

Feb-12 425 29224,900 217,300 -7,600

Clarus MarketMetricsInformation not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 03/26/2013

5 of 21


6/21

Feb-13

40

Feb-12

29

%

+38%

Change

11

Feb-12 vs. Feb-13: The number of Sold properties is up 38%Sold Properties by Month


Feb-12 vs. Feb-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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7/21

Sold Properties by MonthFeb-12 vs. Feb-13: The number of Sold properties is up 38%


Time Period #Properties Median Price Average DOMFeb-13 227,50040 169

J an-13 225,90051 108

Dec-12 230,44539 112

Nov-12 214,00051 109

Oct-12 212,93755 119

Sep-12 233,37447 152

Aug-12 223,75056 110

J ul-12 216,80054 115J un-12 219,60051 115

May-12 204,45050 109

Apr-12 205,00038 161

Mar-12 237,00030 126

Feb-12 217,30029 137

Clarus MarketMetrics 2 of 2 03/26/2013Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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8/21

Feb-13

54

Feb-12

46

%

+17%

Change

8

Feb-12 vs. Feb-13: The number of Under Contract properties is up 17%Under Contract Properties by Month


Feb-12 vs. Feb-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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9/21

Under Contract Properties by MonthFeb-12 vs. Feb-13: The number of Under Contract properties is up 17%



J an-13 233,90046 173

Dec-12 220,15043 117

Nov-12 228,31246 127

Oct-12 230,90049 117

Sep-12 225,50039 103

Aug-12 214,45048 142

J ul-12 209,90073 96J un-12 205,55050 96

May-12 203,45060 102

Apr-12 231,90064 102

Mar-12 215,50056 143

Feb-12 218,60046 104


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10/21

Feb-13

57

Feb-12

68

%

-16%

Change

-11

Feb-12 vs. Feb-13: The number of New properties is down 16%New Properties by Month


Feb-12 vs. Feb-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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11/21

New Properties by MonthFeb-12 vs. Feb-13: The number of New properties is down 16%


Time Period #Properties Median PriceFeb-13 229,90057

J an-13 206,01586

Dec-12 310,23838

Nov-12 204,75048

Oct-12 225,16091

Sep-12 214,40040

Aug-12 227,78558

J ul-12 245,90083J un-12 232,40084

May-12 203,90079

Apr-12 219,60057

Mar-12 219,90057

Feb-12 206,95068


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12/21

Feb-13

361

Feb-12

425

%

-15%

Change

-64

Feb-12 vs. Feb-13: The number of For Sale properties is down 15%For Sale Properties by Month


Feb-12 vs. Feb-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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13/21

For Sale Properties by MonthFeb-12 vs. Feb-13: The number of For Sale properties is down 15%



J an-13 224,900375 224

Dec-12 235,450354 242

Nov-12 229,950376 230

Oct-12 235,000401 227

Sep-12 235,000362 242

Aug-12 234,300391 234

J ul-12 230,000433 231J un-12 220,000434 245

May-12 217,200416 246

Apr-12 224,900409 242

Mar-12 225,525422 238

Feb-12 224,900425 228


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14/21

Feb-13

14

Feb-12

14

%

0%

Change

0

Feb-12 vs. Feb-13: The number of Expired properties has not changedExpired Properties by Month


Feb-12 vs. Feb-13

William Cobb




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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15/21

Expired Properties by MonthFeb-12 vs. Feb-13: The number of Expired properties has not changed


Time Period Median Price# Properties Average DOMFeb-13 231,40014 252

J an-13 188,90025 271

Dec-12 402,40022 269

Nov-12 274,40014 312

Oct-12 234,90024 369

Sep-12 213,11613 201

Aug-12 209,90021 325

J ul-12 214,56526 496J un-12 199,90035 344

May-12 359,9005 117

Apr-12 147,9009 115

Mar-12 302,40014 258

Feb-12 188,20014 223


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16/21

Feb-12 vs. Feb-13: The number of for sale properties is down 15% and the number of sold properties is up 38%


Feb-12 vs. Feb-13

425 -15%

William Cobb

361

Feb-13

Supply & Demand by Month

ChangeFeb-12 %

-64

Feb-12 Feb-13 %

29 +38%

Feb-12 vs. Feb-13

40

Change

11



Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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Willi C bb A t V l ti G


17/21

Supply & Demand by MonthFeb-12 vs. Feb-13: The number of for sale properties is down 15% and the number of sold properties is up 38%

William Cobb Accurate Valuations Group

Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

Feb-13 216 169361 40

J an-13 224 108375 51

Dec-12 242 112354 39

Nov-12 230 109376 51

Oct-12 227 119401 55

Sep-12 242 152362 47

Aug-12 234 110391 56

J ul-12 231 115433 54

J un-12 245 115434 51

May-12 246 109416 50

Apr-12 242 161409 38

Mar-12 238 126422 30

Feb-12 228 137425 29


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18/21

Feb-13

159

Feb-12

104

%

+53%

Change

55

Feb-12 vs. Feb-13: The average days on market is up 53%The Average Days on Market by Month


Feb-12 vs. Feb-13

William Cobb



Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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19/21

The Average Days on Market by MonthFeb-12 vs. Feb-13: The average days on market is up 53%


Time Period # UC UnitsAverage DOM

Feb-13 54159

J an-13 46173

Dec-12 43117

Nov-12 46127

Oct-12 49117

Sep-12 39103

Aug-12 48142

J ul-12 7396

J un-12 5096

May-12 60102

Apr-12 64102

Mar-12 56143

Feb-12 46104

Clarus MarketMetrics2 of 2 03/26/2013


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20/21

Feb-12 vs. Feb-13: The average months supply of inventory is down 32%


Feb-12 vs. Feb-13

7.9 -32%

William Cobb

5.4

Feb-13

Months Supply of Inventory

ChangeFeb-12 %

-2.5




Sq Ft:

East Baton Rouge


Period: All All

Property Types:

County:

All


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21/21

Months Supply of InventoryFeb-12 vs. Feb-13: The average months supply of inventory is down 32%


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

Feb-13 54 159293 5.4

J an-13 46 173304 6.6

Dec-12 43 117289 6.7

Nov-12 46 127316 6.9

Oct-12 49 117328 6.7

Sep-12 39 103310 7.9

Aug-12 48 142322 6.7

J ul-12 73 96334 4.6

J un-12 50 96350 7.0

May-12 60 102351 5.8

Apr-12 64 102337 5.3

Mar-12 56 143352 6.3

Feb-12 46 104365 7.9



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East Baton Rouge New Homes Sold Properties February 2012 Versus February 2013

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