denham springs exising homes housing study march 2011 vs march 2012

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  • 8/2/2019 Denham Springs Exising Homes Housing Study March 2011 vs March 2012

    1/21

    04/17/2012Clarus MarketMetrics

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    Denham Springs , LA Resale DSF Homes ALL

    William CobbAccurate Valuations Group

    Market Dynamics

    Prepared For

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    Mar-12

    143,000

    Mar-11

    143,000

    %

    0%

    Change

    0

    Mar-11 vs. Mar-12: The median sold price has not changedMedian Sold Price by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

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    Median Sold Price by MonthMar-11 vs. Mar-12: The median sold price has not changed

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price # Units Average DOM

    Mar-12 143,000 55 83

    Feb-12 134,000 39 87

    Jan-12 130,400 42 88

    Dec-11 134,000 35 78

    Nov-11 138,000 35 89

    Oct-11 150,000 39 82

    Sep-11 134,900 67 80

    Aug-11 148,000 41 87Jul-11 135,000 43 72

    Jun-11 154,450 50 99

    May-11 145,250 40 103

    Apr-11 145,500 46 94

    Mar-11 143,000 53 83

    Clarus MarketMetrics 2 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    3 of 21

  • 8/2/2019 Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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    Mar-11 vs. Mar-12: The median price of for sale properties is up 3% and the median price of sold properties has not changed

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    155,000 +3%

    William Cobb

    159,900

    Mar-12

    Median For Sale vs. Median Sold

    ChangeMar-11 %

    4,900

    Mar-11 Mar-12 %

    143,000 0%

    Mar-11 vs. Mar-12

    143,000

    Change

    0

    Clarus MarketMetrics 1 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

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    Median For Sale vs. Median SoldMar-11 vs. Mar-12: The median price of for sale properties is up 3% and the median price of sold properties has not changed

    Accurate Valuations GroupWilliam Cobb

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Mar-12 422 55159,900 143,000 -16,900

    Feb-12 425 39159,000 134,000 -25,000

    Jan-12 409 42157,000 130,400 -26,600

    Dec-11 398 35154,700 134,000 -20,700

    Nov-11 422 35154,900 138,000 -16,900

    Oct-11 448 39154,700 150,000 -4,700

    Sep-11 445 67155,900 134,900 -21,000

    Aug-11 481 41155,000 148,000 -7,000

    Jul-11 461 43155,000 135,000 -20,000

    Jun-11 464 50154,900 154,450 -450

    May-11 461 40155,900 145,250 -10,650

    Apr-11 460 46159,700 145,500 -14,200

    Mar-11 486 53155,000 143,000 -12,000

    Clarus MarketMetricsInformation not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    2 of 2 04/17/2012

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  • 8/2/2019 Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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    Mar-12

    55

    Mar-11

    53

    %

    +4%

    Change

    2

    Mar-11 vs. Mar-12: The number of Sold properties is up 4%Sold Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

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    Sold Properties by MonthMar-11 vs. Mar-12: The number of Sold properties is up 4%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOM

    Mar-12 143,00055 83

    Feb-12 134,00039 87

    Jan-12 130,40042 88

    Dec-11 134,00035 78

    Nov-11 138,00035 89

    Oct-11 150,00039 82

    Sep-11 134,90067 80

    Aug-11 148,00041 87Jul-11 135,00043 72

    Jun-11 154,45050 99

    May-11 145,25040 103

    Apr-11 145,50046 94

    Mar-11 143,00053 83

    Clarus MarketMetrics 2 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    73

    Mar-11

    54

    %

    +35%

    Change

    19

    Mar-11 vs. Mar-12: The number of Under Contract properties is up 35%Under Contract Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

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  • 8/2/2019 Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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    Under Contract Properties by MonthMar-11 vs. Mar-12: The number of Under Contract properties is up 35%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMMar-12 146,90073 74

    Feb-12 145,45066 99

    Jan-12 134,90039 76

    Dec-11 125,90033 124

    Nov-11 138,37542 77

    Oct-11 133,95044 94

    Sep-11 149,90052 83

    Aug-11 144,70060 78Jul-11 154,40036 66

    Jun-11 135,00047 95

    May-11 155,00055 95

    Apr-11 154,50036 74

    Mar-11 150,00054 96

    Clarus MarketMetrics 2 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    90

    Mar-11

    96

    %

    -6%

    Change

    -6

    Mar-11 vs. Mar-12: The number of New properties is down 6%New Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

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    New Properties by MonthMar-11 vs. Mar-12: The number of New properties is down 6%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median PriceMar-12 149,90090

    Feb-12 159,90095

    Jan-12 165,95092

    Dec-11 137,10052

    Nov-11 139,90063

    Oct-11 146,345101

    Sep-11 149,45072

    Aug-11 156,00095Jul-11 149,90095

    Jun-11 150,000104

    May-11 149,50083

    Apr-11 166,75078

    Mar-11 147,70096

    Clarus MarketMetrics 2 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    422

    Mar-11

    486

    %

    -13%

    Change

    -64

    Mar-11 vs. Mar-12: The number of For Sale properties is down 13%For Sale Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

    12 of 21

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    For Sale Properties by MonthMar-11 vs. Mar-12: The number of For Sale properties is down 13%

    Accurate Valuations GroupWilliam Cobb

    Time Period # Properties Median Price Average DOMMar-12 159,900422 121

    Feb-12 159,000425 122

    Jan-12 157,000409 126

    Dec-11 154,700398 133

    Nov-11 154,900422 122

    Oct-11 154,700448 116

    Sep-11 155,900445 117

    Aug-11 155,000481 112Jul-11 155,000461 108

    Jun-11 154,900464 112

    May-11 155,900461 119

    Apr-11 159,700460 119

    Mar-11 155,000486 118

    Clarus MarketMetrics 2 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-12

    29

    Mar-11

    50

    %

    -42%

    Change

    -21

    Mar-11 vs. Mar-12: The number of Expired properties is down 42%Expired Properties by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

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    Expired Properties by MonthMar-11 vs. Mar-12: The number of Expired properties is down 42%

    Accurate Valuations GroupWilliam Cobb

    Time Period Median Price# Properties Average DOMMar-12 159,00029 216

    Feb-12 154,90027 167

    Jan-12 181,80040 156

    Dec-11 159,90048 154

    Nov-11 161,32834 174

    Oct-11 158,90045 161

    Sep-11 166,00046 145

    Aug-11 159,95048 166Jul-11 166,50039 153

    Jun-11 149,90051 195

    May-11 169,90046 187

    Apr-11 156,20046 185

    Mar-11 159,90050 187

    Clarus MarketMetrics 2 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Mar-11 vs. Mar-12: The number of for sale properties is down 13% and the number of sold properties is up 4%

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    486 -13%

    William Cobb

    422

    Mar-12

    Supply & Demand by Month

    ChangeMar-11 %

    -64

    Mar-11 Mar-12 %

    53 +4%

    Mar-11 vs. Mar-12

    55

    Change

    2

    Clarus MarketMetrics 1 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

    16 of 21

    Willi C bb A t V l ti G

  • 8/2/2019 Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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    Supply & Demand by MonthMar-11 vs. Mar-12: The number of for sale properties is down 13% and the number of sold properties is up 4%

    William Cobb Accurate Valuations Group

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

    Mar-12 121 83422 55

    Feb-12 122 87425 39

    Jan-12 126 88409 42

    Dec-11 133 78398 35

    Nov-11 122 89422 35

    Oct-11 116 82448 39

    Sep-11 117 80445 67

    Aug-11 112 87481 41

    Jul-11 108 72461 43

    Jun-11 112 99464 50

    May-11 119 103461 40

    Apr-11 119 94460 46

    Mar-11 118 83486 53

    Clarus MarketMetrics 2 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    17 of 21

    Accurate Valuations GroupWilliam Cobb

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    Mar-12

    74

    Mar-11

    96

    %

    -23%

    Change

    -22

    Mar-11 vs. Mar-12: The average days on market is down 23%The Average Days on Market by Month

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    William Cobb

    Clarus MarketMetrics 1 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

    18 of 21

    Accurate Valuations GroupWilliam Cobb

  • 8/2/2019 Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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    The Average Days on Market by MonthMar-11 vs. Mar-12: The average days on market is down 23%

    Accurate Valuations GroupWilliam Cobb

    Time Period # UC UnitsAverage DOM

    Mar-12 7374

    Feb-12 6699

    Jan-12 3976

    Dec-11 33124

    Nov-11 4277

    Oct-11 4494

    Sep-11 5283

    Aug-11 6078

    Jul-11 3666

    Jun-11 4795

    May-11 5595

    Apr-11 3674

    Mar-11 5496

    Clarus MarketMetrics 2 of 2 04/17/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    19 of 21

    Accurate Valuations GroupWilliam Cobb

  • 8/2/2019 Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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    Mar-11 vs. Mar-12: The average months supply of inventory is down 38%

    Accurate Valuations Group

    Mar-11 vs. Mar-12

    7.1 -38%

    William Cobb

    4.4

    Mar-12

    Months Supply of Inventory

    ChangeMar-11 %

    -2.7

    Clarus MarketMetrics 1 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: ResaleAll

    Sq Ft:

    Denham Springs

    Residential: (Detached Single Family, Preconstruction DSF)

    Period: All All

    Property Types:

    City:

    All

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

    20 of 21

    William Cobb Accurate Valuations Group

  • 8/2/2019 Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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    Months Supply of InventoryMar-11 vs. Mar-12: The average months supply of inventory is down 38%

    William Cobb Accurate Valuations Group

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

    Mar-12 73 74320 4.4

    Feb-12 66 99332 5.0

    Jan-12 39 76330 8.5

    Dec-11 33 124317 9.6

    Nov-11 42 77346 8.2

    Oct-11 44 94359 8.2

    Sep-11 52 83347 6.7

    Aug-11 60 78373 6.2

    Jul-11 36 66386 10.7

    Jun-11 47 95366 7.8

    May-11 55 95360 6.5

    Apr-11 36 74378 10.5

    Mar-11 54 96382 7.1

    Clarus MarketMetrics 2 of 2 04/17/2012

    Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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