baton rouge real estate home sales 2013 first quarter report

04/17/2013Clarus MarketMetrics®Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

EBRP 3/2012 vs 3/2013, East Baton Rouge ALL EBRP

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21

Mar-13171,500

Mar-12164,000

%+5%

Change7,500

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

Accurate Valuations Group

Mar-12 vs. Mar-13

William Cobb

Clarus MarketMetrics® 1 of 2 04/17/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

East Baton RougeResidential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF)Period: All All

Property Types:County:

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

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

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOMMar-13 171,500 414 91Feb-13 170,000 279 109Jan-13 165,000 263 108Dec-12 165,000 294 87Nov-12 172,500 343 97Oct-12 172,250 363 94Sep-12 178,500 344 104Aug-12 175,000 352 98Jul-12 175,000 411 87Jun-12 174,706 439 84May-12 170,000 438 93Apr-12 160,700 350 99Mar-12 164,000 367 106


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Mar-12 vs. Mar-13: The median price of for sale properties is up 3% and the median price of sold properties is up 5%


Mar-12 vs. Mar-13

163,647 +3%

William Cobb

168,000Mar-13

Median For Sale vs. Median Sold

ChangeMar-12 %4,353

Mar-12 Mar-13 %164,000 +5%

Mar-12 vs. Mar-13

171,500Change

7,500






4 of 21

Median For Sale vs. Median SoldMar-12 vs. Mar-13: The median price of for sale properties is up 3% and the median price of sold properties is up 5%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Mar-13 3,030 414168,000 171,500 3,500Feb-13 2,915 279164,900 170,000 5,100Jan-13 2,887 263161,900 165,000 3,100Dec-12 2,770 294159,000 165,000 6,000Nov-12 2,958 343159,900 172,500 12,600Oct-12 3,136 363162,000 172,250 10,250Sep-12 3,108 344161,950 178,500 16,550Aug-12 3,209 352165,000 175,000 10,000Jul-12 3,337 411166,000 175,000 9,000Jun-12 3,338 439168,250 174,706 6,456May-12 3,303 438167,500 170,000 2,500Apr-12 3,245 350165,000 160,700 -4,300Mar-12 3,193 367163,647 164,000 353

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

2 of 2 04/17/2013

5 of 21

Mar-13414

Mar-12367

%+13%

Change47

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


Mar-12 vs. Mar-13

William Cobb






6 of 21

Sold Properties by MonthMar-12 vs. Mar-13: The number of Sold properties is up 13%


Time Period # Properties Median Price Average DOMMar-13 171,500414 91Feb-13 170,000279 109Jan-13 165,000263 108Dec-12 165,000294 87Nov-12 172,500343 97Oct-12 172,250363 94Sep-12 178,500344 104Aug-12 175,000352 98Jul-12 175,000411 87Jun-12 174,706439 84May-12 170,000438 93Apr-12 160,700350 99Mar-12 164,000367 106


7 of 21

Mar-13519

Mar-12412

%+26%

Change107

Mar-12 vs. Mar-13: The number of Under Contract properties is up 26%Under Contract Properties by Month


Mar-12 vs. Mar-13

William Cobb






8 of 21

Under Contract Properties by MonthMar-12 vs. Mar-13: The number of Under Contract properties is up 26%


Time Period # Properties Median Price Average DOMMar-13 178,000519 94Feb-13 174,700398 97Jan-13 179,700330 118Dec-12 158,700276 102Nov-12 169,900302 102Oct-12 175,000353 91Sep-12 179,900323 91Aug-12 176,900317 106Jul-12 185,000424 93Jun-12 178,750388 86May-12 179,900444 94Apr-12 174,900450 98Mar-12 173,200412 97


9 of 21

Mar-13675

Mar-12679

%-1%

Change-4

Mar-12 vs. Mar-13: The number of New properties is down 1%New Properties by Month


Mar-12 vs. Mar-13

William Cobb






10 of 21

New Properties by MonthMar-12 vs. Mar-13: The number of New properties is down 1%


Time Period # Properties Median PriceMar-13 179,000675Feb-13 174,900593Jan-13 174,000664Dec-12 149,900337Nov-12 158,000440Oct-12 165,000601Sep-12 158,000487Aug-12 169,450572Jul-12 173,900669Jun-12 175,000699May-12 170,000693Apr-12 169,900676Mar-12 163,900679


11 of 21

Mar-133,030

Mar-123,193

%-5%

Change-163

Mar-12 vs. Mar-13: The number of For Sale properties is down 5%For Sale Properties by Month


Mar-12 vs. Mar-13

William Cobb






12 of 21

For Sale Properties by MonthMar-12 vs. Mar-13: The number of For Sale properties is down 5%


Time Period # Properties Median Price Average DOMMar-13 168,0003,030 146Feb-13 164,9002,915 150Jan-13 161,9002,887 158Dec-12 159,0002,770 171Nov-12 159,9002,958 158Oct-12 162,0003,136 152Sep-12 161,9503,108 152Aug-12 165,0003,209 155Jul-12 166,0003,337 153Jun-12 168,2503,338 157May-12 167,5003,303 160Apr-12 165,0003,245 162Mar-12 163,6473,193 165


13 of 21

Mar-13182

Mar-12214

%-15%

Change-32

Mar-12 vs. Mar-13: The number of Expired properties is down 15%Expired Properties by Month


Mar-12 vs. Mar-13

William Cobb






14 of 21

Expired Properties by MonthMar-12 vs. Mar-13: The number of Expired properties is down 15%


Time Period Median Price# Properties Average DOMMar-13 149,950182 201Feb-13 148,900162 194Jan-13 153,900235 196Dec-12 155,000271 224Nov-12 156,900223 171Oct-12 159,500265 197Sep-12 149,900250 188Aug-12 162,500271 258Jul-12 160,000275 215Jun-12 169,000278 234May-12 164,900221 188Apr-12 139,900185 198Mar-12 147,450214 197


15 of 21

Mar-12 vs. Mar-13: The number of for sale properties is down 5% and the number of sold properties is up 13%


Mar-12 vs. Mar-13

3,193 -5%

William Cobb

3,030Mar-13

Supply & Demand by Month

ChangeMar-12 %-163

Mar-12 Mar-13 %367 +13%

Mar-12 vs. Mar-13

414Change

47






16 of 21

Supply & Demand by MonthMar-12 vs. Mar-13: The number of for sale properties is down 5% and the number of sold properties is up 13%

William Cobb Accurate Valuations Group

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

Mar-13 146 913,030 414Feb-13 150 1092,915 279Jan-13 158 1082,887 263Dec-12 171 872,770 294Nov-12 158 972,958 343Oct-12 152 943,136 363Sep-12 152 1043,108 344Aug-12 155 983,209 352Jul-12 153 873,337 411Jun-12 157 843,338 439May-12 160 933,303 438Apr-12 162 993,245 350Mar-12 165 1063,193 367


17 of 21

Mar-1394

Mar-1297

%-3%

Change-3

Mar-12 vs. Mar-13: The average days on market is down 3%The Average Days on Market by Month


Mar-12 vs. Mar-13

William Cobb






18 of 21

The Average Days on Market by MonthMar-12 vs. Mar-13: The average days on market is down 3%


Time Period # UC UnitsAverage DOMMar-13 51994Feb-13 39897Jan-13 330118Dec-12 276102Nov-12 302102Oct-12 35391Sep-12 32391Aug-12 317106Jul-12 42493Jun-12 38886May-12 44494Apr-12 45098Mar-12 41297


19 of 21

Mar-12 vs. Mar-13: The average months supply of inventory is down 28%


Mar-12 vs. Mar-13

6.2 -28%

William Cobb

4.5Mar-13

Months Supply of Inventory

ChangeMar-12 %-1.7






20 of 21

Months Supply of InventoryMar-12 vs. Mar-13: The average months supply of inventory is down 28%

William Cobb Accurate Valuations Group

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

Mar-13 519 942,329 4.5Feb-13 398 972,355 5.9Jan-13 330 1182,322 7.0Dec-12 276 1022,223 8.1Nov-12 302 1022,433 8.1Oct-12 353 912,518 7.1Sep-12 323 912,535 7.8Aug-12 317 1062,621 8.3Jul-12 424 932,639 6.2Jun-12 388 862,677 6.9May-12 444 942,642 6.0Apr-12 450 982,614 5.8Mar-12 412 972,569 6.2


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baton rouge real estate home sales 2013 first quarter report

Real Estate

median soldmar

sale properties

time period median price

year monthly price

preconstruction dsf

preconstruction asfsq

allproperty types

detached single family