university club plantation louisiana home prices sept 2013 vs sept 2014

UNIVERSITY

CLUB

PLANTATION

BATON ROUGE

HOME SALES

REPORT

SEPT 2013 VS

SEPT 2014Based on information from

Greater Baton Rouge

Association of REALTORS®\MLS

for period 09/01/2013 to

09/30/2013 vs 09/01/2014 to

09/30/2014, extracted on

10/26/2014.

Sep-2014727,500

Sep-2013608,500

%20

Change119,000

Sep-2013 vs Sep-2014: The median sold price is up 20%Median Sold Price by Month

Accurate Valuations Group

Sep-2013 vs. Sep-2014

William Cobb

Clarus MarketMetrics® 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All1 Year Monthly SqFt:

Bathrooms: Lot Size:Resale All Square FootagePeriod:All

Subdivision:Property Types: : Residential

University Club PlantationPrice:

Median Sold Price by MonthSep-2013 vs Sep-2014: The median sold price is up 20%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Sep-14 727,500 2 88

Aug-14 0Jul-14 485,500 8 136

Jun-14 455,000 5 90

May-14 564,750 2 250

Apr-14 550,000 3 58

Mar-14 511,500 3 110

Feb-14 584,250 4 82

Jan-14 705,000 2 118

Dec-13 675,000 2 574

Nov-13 593,250 2 146

Oct-13 622,500 2 94

Sep-13 608,500 4 181


22/

Sep-20142

Sep-20134

%-50

Change-2

Sep-2013 vs Sep-2014: The number of Sold properties is down -50%Sold Properties by Month


Sep-2013 vs. Sep-2014

William Cobb


1/2






Sold Properties by MonthSep-2013 vs Sep-2014: The number of Sold properties is down -50%


Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Sep-14 727,5002 88 0 0.0 2 100.0 727,500

Aug-14 0 0 0

Jul-14 485,5008 136 1 12.5 517,000 7 87.5 456,000

Jun-14 455,0005 90 3 60.0 419,900 2 40.0 552,500

May-14 564,7502 250 0 0.0 2 100.0 564,750

Apr-14 550,0003 58 1 33.3 568,575 2 66.7 445,000

Mar-14 511,5003 110 1 33.3 399,000 2 66.7 527,250

Feb-14 584,2504 82 1 25.0 335,000 3 75.0 629,000

Jan-14 705,0002 118 1 50.0 735,000 1 50.0 675,000

Dec-13 675,0002 574 0 0.0 2 100.0 675,000

Nov-13 593,2502 146 0 0.0 2 100.0 593,250

Oct-13 622,5002 94 0 0.0 2 100.0 622,500

Sep-13 608,5004 181 0 0.0 4 100.0 608,500


22/

Sep-2013 vs Sep-2014: The average months supply of inventory is up 36.0%


Sep-2013 vs. Sep-2014

7.3 36.0

William Cobb

10.0Sep-2014

Months Supply of Inventory

ChangeSep-2013 %2.7


1/2






Months Supply of InventorySep-2013 vs Sep-2014: The average months supply of inventory is up 36.0%

William Cobb Accurate Valuations Group

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

UC Avg DOMTime Period

Sep-14 2 9420 10.0Aug-14 2 4822 11.0Jul-14 3 9120 6.7Jun-14 7 13320 2.9May-14 2 12228 14.0Apr-14 5 14823 4.6Mar-14 3 5822 7.3Feb-14 2 2723 11.5Jan-14 5 12123 4.6Dec-13 2 11823 11.5Nov-13 1 1,07425 25.0Oct-13 2 4624 12.0Sep-13 3 15422 7.3


22/

Sep-201494

Sep-2013154

%-39

Change-60

Sep-2013 vs Sep-2014: The average days on market is down -39%The Average Days on Market by Month


Sep-2013 vs. Sep-2014

William Cobb

University Club PlantationAll 1 Year Monthly

Subdivision:Period:Price:

Property Types: : Residential

10/22/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

The Average Days on Market by MonthSep-2013 vs Sep-2014: The average days on market is down -39%


# UC UnitsAvg DOMTime PeriodSep-14 294Aug-14 248Jul-14 391Jun-14 7133May-14 2122Apr-14 5148Mar-14 358Feb-14 227Jan-14 5121Dec-13 2118Nov-13 11,074Oct-13 246Sep-13 3154

Clarus MarketMetrics® 2/2 10/22/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

Sep-20142

Sep-20133

%-33

Change-1

Sep-2013 vs Sep-2014: The number of Under Contract properties is down -33%Under Contract Properties by Month


Sep-2013 vs. Sep-2014

William Cobb


1/2

AllBathrooms: SqFt:Resale

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

University Club Plantation

Period: 1 Year MonthlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Under Contract Properties by MonthSep-2013 vs Sep-2014: The number of Under Contract properties is down -33%


Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodSep-14 911,5002 94 911,500100.020.00Aug-14 602,5002 48 602,500100.020.00Jul-14 529,0003 91 619,95066.72529,00033.31Jun-14 469,0007 133 464,00085.76839,90014.31May-14 449,4502 122 479,90050.01419,00050.01Apr-14 565,0005 148 587,50080.04419,90020.01Mar-14 559,0003 58 453,00066.72570,00033.31Feb-14 582,4502 27 759,90050.01405,00050.01Jan-14 559,5005 121 559,70080.04359,90020.01Dec-13 730,0002 118 710,00050.01750,00050.01Nov-13 995,0001 1,074 995,000100.010.00Oct-13 657,9002 46 657,900100.020.00Sep-13 649,9003 154 649,900100.030.00


22/

Sep-20142

Sep-20135

%-60

Change-3

Sep-2013 vs Sep-2014: The number of New properties is down -60%New Properties by Month


Sep-2013 vs. Sep-2014

William Cobb


1/2






New Properties by MonthSep-2013 vs Sep-2014: The number of New properties is down -60%



Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodSep-14 676,4502 1 50.0 574,900 1 50.0 778,000Aug-14 581,9506 0 0.0 6 100.0 581,950Jul-14 425,0004 0 0.0 4 100.0 425,000Jun-14 699,0001 0 0.0 1 100.0 699,000May-14 537,75010 1 10.0 529,000 9 90.0 546,500Apr-14 471,75010 1 10.0 419,000 9 90.0 474,500Mar-14 559,5005 2 40.0 629,900 3 60.0 559,500Feb-14 559,0003 1 33.3 405,000 2 66.7 659,500Jan-14 610,0007 1 14.3 705,000 6 85.7 604,950Dec-13 0 0 0Nov-13 544,9502 1 50.0 570,000 1 50.0 519,900Oct-13 468,2006 0 0.0 6 100.0 468,200Sep-13 750,0005 1 20.0 750,000 4 80.0 742,900


22/

Sep-201424

Sep-201326

%-8

Change-2

Sep-2013 vs Sep-2014: The number of For Sale properties is down -8%For Sale Properties by Month


Sep-2013 vs. Sep-2014

William Cobb


1/2






For Sale Properties by MonthSep-2013 vs Sep-2014: The number of For Sale properties is down -8%



Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time Period

Sep-14 581,45024 139 2 8.3 639,950 22 91.7 581,450Aug-14 569,45026 116 1 3.8 705,000 25 96.2 559,000Jul-14 569,45024 116 2 8.3 617,000 22 91.7 569,450Jun-14 583,00029 116 3 10.3 705,000 26 89.7 581,450May-14 546,50033 110 4 12.1 617,000 29 87.9 546,500Apr-14 562,25032 137 4 12.5 562,450 28 87.5 562,250Mar-14 567,50028 180 4 14.3 637,500 24 85.7 562,250Feb-14 574,95026 193 3 11.5 570,000 23 88.5 579,900Jan-14 574,95030 188 3 10.0 570,000 27 90.0 579,900Dec-13 570,00025 205 3 12.0 570,000 22 88.0 572,450Nov-13 574,95026 210 3 11.5 570,000 23 88.5 579,900Oct-13 589,45028 187 2 7.1 554,950 26 92.9 589,450Sep-13 627,20026 192 2 7.7 554,950 24 92.3 627,200


22/

Sep-20142

Sep-20131

%100

Change1

Sep-2013 vs Sep-2014: The number of Expired properties is up 100%Expired Properties by Month


Sep-2013 vs. Sep-2014

William Cobb

10/22/2014Clarus MarketMetrics® 1/2






Expired Properties by MonthSep-2013 vs Sep-2014: The number of Expired properties is up 100%


Median Price Units% BankAvg DOMUnits Median Price

Bank Properties

Units

Non-Bank Properties

% Non-Bank Median Price

Full Market

Sep-14 769,9502 148 1 50.0 705,000 1 50.0 834,900Aug-14 457,4502 110 0 0.0 2 100.0 457,450Jul-14 879,2501 123 0 0.0 1 100.0 879,250Jun-14 679,9502 126 0 0.0 2 100.0 679,950May-14 454,9003 203 0 0.0 3 100.0 454,900Apr-14 500,7004 186 0 0.0 4 100.0 500,700Mar-14 599,9003 361 0 0.0 3 100.0 599,900Feb-14 850,0001 577 0 0.0 1 100.0 850,000Jan-14 679,5002 336 0 0.0 2 100.0 679,500Dec-13 0 0 0Nov-13 0 0 0Oct-13 659,5002 202 0 0.0 2 100.0 659,500Sep-13 615,0001 65 0 0.0 1 100.0 615,000


22/

Sep-2013 vs Sep-2014: The number of for sale properties is down -8% and the number of sold properties is down -50%


Sep-2013 vs. Sep-2014

26 -8

William Cobb

24Sep-2014

Supply & Demand by Month

ChangeSep-2013 %-2

Sep-2013 Sep-2014 %4 -50

Sep-2013 vs. Sep-2014

2Change

-2


1/2






Supply & Demand by MonthSep-2013 vs Sep-2014: The number of for sale properties is down -8% and the number of sold properties is down -50%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Sep-14 139 8824 2Aug-14 11626 0Jul-14 116 13624 8Jun-14 116 9029 5May-14 110 25033 2Apr-14 137 5832 3Mar-14 180 11028 3Feb-14 193 8226 4Jan-14 188 11830 2Dec-13 205 57425 2Nov-13 210 14626 2Oct-13 187 9428 2Sep-13 192 18126 4


22/

Sep-2013 vs Sep-2014: The median price of for sale properties is down -7% and the median price of sold properties is up 20%


Sep-2013 vs. Sep-2014

627,200 -7

William Cobb

581,450Sep-2014

Median For Sale vs Median Sold

ChangeSep-2013 %-45,750

Sep-2013 Sep-2014 %608,500 20

Sep-2013 vs. Sep-2014

727,500Change119,000


1/2






Median For Sale vs Median SoldSep-2013 vs Sep-2014: The median price of for sale properties is down -7% and the median price of sold properties is up 20%


For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Sep-14 24 2581,450 727,500 146,050Aug-14 26 0569,450 -569,450Jul-14 24 8569,450 485,500 -83,950Jun-14 29 5583,000 455,000 -128,000May-14 33 2546,500 564,750 18,250Apr-14 32 3562,250 550,000 -12,250Mar-14 28 3567,500 511,500 -56,000Feb-14 26 4574,950 584,250 9,300Jan-14 30 2574,950 705,000 130,050Dec-13 25 2570,000 675,000 105,000Nov-13 26 2574,950 593,250 18,300Oct-13 28 2589,450 622,500 33,050Sep-13 26 4627,200 608,500 -18,700

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

10/22/201422/

university club plantation louisiana home prices sept 2013 vs sept 2014

Real Estate

accurate valuations

median sold price

to09302013 vs

william cobbproperty

square footageall period

william cobbbathrooms

william cobb10

gbrarclarus marketmetrics