Greater Baton Rouge Existing Homes Sold Stats For October 2014

Oct-2014183,000

Oct-2013172,900

%6

Change10,100

Oct-2013 vs Oct-2014: The median sold price is up 6%Median Sold Price by Month

Accurate Valuations Group

Oct-2013 vs. Oct-2014

William Cobb

Clarus MarketMetrics® 11/17/2014Information 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:All All Square FootagePeriod:All

Counties:Property Types: : Residential

East Baton Rouge, Ascension, Livingston, West Baton RougePrice:

Median Sold Price by MonthOct-2013 vs Oct-2014: The median sold price is up 6%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Oct-14 183,000 635 74

Sep-14 181,950 700 79

Aug-14 179,250 800 76

Jul-14 182,000 825 80

Jun-14 185,000 840 79

May-14 177,750 848 85

Apr-14 170,250 760 92

Mar-14 180,000 613 93

Feb-14 169,000 556 93

Jan-14 167,500 487 88

Dec-13 179,900 597 80

Nov-13 174,000 551 81

Oct-13 172,900 613 85


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Oct-2014635

Oct-2013613

%4

Change22

Oct-2013 vs Oct-2014: The number of Sold properties is up 4%Sold Properties by Month


Oct-2013 vs. Oct-2014

William Cobb


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Sold Properties by MonthOct-2013 vs Oct-2014: The number of Sold properties is up 4%


Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Oct-14 183,000635 74 78 12.3 132,500 557 87.7 185,000

Sep-14 181,950700 79 99 14.1 100,000 601 85.9 189,000

Aug-14 179,250800 76 87 10.9 114,900 713 89.1 183,000

Jul-14 182,000825 80 97 11.8 89,500 728 88.2 189,650

Jun-14 185,000840 79 104 12.4 107,000 736 87.6 192,450

May-14 177,750848 85 101 11.9 107,799 747 88.1 189,900

Apr-14 170,250760 92 113 14.9 99,900 647 85.1 186,000

Mar-14 180,000613 93 105 17.1 100,000 508 82.9 189,957

Feb-14 169,000556 93 117 21.0 90,500 439 79.0 184,900

Jan-14 167,500487 88 109 22.4 87,500 378 77.6 178,450

Dec-13 179,900597 80 109 18.3 92,000 488 81.7 190,000

Nov-13 174,000551 81 94 17.1 86,000 457 82.9 189,500

Oct-13 172,900613 85 123 20.1 93,000 490 79.9 185,900


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Oct-201478

Oct-2013123

%-37

Change-45

Oct-2013 vs Oct-2014: The number of Sold (Bank) properties is down -37%Sold Properties by Month (Bank)


Oct-2013 vs. Oct-2014

William Cobb


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Sold Properties by Month (Bank)Oct-2013 vs Oct-2014: The number of Sold (Bank) properties is down -37%


Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Oct-14 183,000635 74 78 12.3 132,500 557 87.7 185,000

Sep-14 181,950700 79 99 14.1 100,000 601 85.9 189,000

Aug-14 179,250800 76 87 10.9 114,900 713 89.1 183,000

Jul-14 182,000825 80 97 11.8 89,500 728 88.2 189,650

Jun-14 185,000840 79 104 12.4 107,000 736 87.6 192,450

May-14 177,750848 85 101 11.9 107,799 747 88.1 189,900

Apr-14 170,250760 92 113 14.9 99,900 647 85.1 186,000

Mar-14 180,000613 93 105 17.1 100,000 508 82.9 189,957

Feb-14 169,000556 93 117 21.0 90,500 439 79.0 184,900

Jan-14 167,500487 88 109 22.4 87,500 378 77.6 178,450

Dec-13 179,900597 80 109 18.3 92,000 488 81.7 190,000

Nov-13 174,000551 81 94 17.1 86,000 457 82.9 189,500

Oct-13 172,900613 85 123 20.1 93,000 490 79.9 185,900


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Oct-2013 vs Oct-2014: The average months supply of inventory is down -24.0%


Oct-2013 vs. Oct-2014

6.3 -24.0

William Cobb

4.7Oct-2014

Months Supply of Inventory

ChangeOct-2013 %-1.5


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Months Supply of InventoryOct-2013 vs Oct-2014: The average months supply of inventory is down -24.0%

William Cobb Accurate Valuations Group

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

UC Avg DOMTime Period

Oct-14 729 783,462 4.7Sep-14 763 863,552 4.7Aug-14 728 743,756 5.2Jul-14 807 723,754 4.7Jun-14 860 773,754 4.4May-14 886 793,685 4.2Apr-14 836 883,686 4.4Mar-14 790 873,651 4.6Feb-14 618 933,702 6.0Jan-14 620 1013,665 5.9Dec-13 450 873,715 8.3Nov-13 531 833,932 7.4Oct-13 642 804,032 6.3


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Oct-2014729

Oct-2013642

%14

Change87

Oct-2013 vs Oct-2014: The number of Under Contract properties is up 14%Under Contract Properties by Month


Oct-2013 vs. Oct-2014

William Cobb


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AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

East Baton Rouge, Ascension, Livingston, West Baton Rouge

Period: 1 Year MonthlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Counties:

Under Contract Properties by MonthOct-2013 vs Oct-2014: The number of Under Contract properties is up 14%


Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodOct-14 185,000729 78 189,90086.6631125,00013.498Sep-14 179,900763 86 187,25084.9648124,90015.1115Aug-14 182,900728 74 189,90087.163499,75012.994Jul-14 189,000807 72 194,05088.2712109,90011.895Jun-14 184,950860 77 190,00088.8764113,80011.296May-14 184,900886 79 189,94288.078096,90012.0106Apr-14 175,000836 88 185,89588.5740112,45011.596Mar-14 175,000790 87 185,00085.6676113,90014.4114Feb-14 179,950618 93 194,00082.0507110,00018.0111Jan-14 175,450620 101 193,40081.050289,45019.0118Dec-13 172,700450 87 187,90077.634989,90022.4101Nov-13 185,000531 83 195,00079.842490,00020.2107Oct-13 176,200642 80 189,90081.052089,90019.0122


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Oct-2014333

Oct-2013335

%-1

Change-2

Oct-2013 vs Oct-2014: The number of Expired properties is down -1%Expired Properties by Month


Oct-2013 vs. Oct-2014

William Cobb

11/17/2014Clarus MarketMetrics® 1/2






Expired Properties by MonthOct-2013 vs Oct-2014: The number of Expired properties is down -1%


Median Price Units% BankAvg DOMUnits Median Price

Bank Properties

Units

Non-Bank Properties

% Non-Bank Median Price

Full Market

Oct-14 185,000333 192 23 6.9 135,900 310 93.1 189,900Sep-14 198,500295 172 13 4.4 142,500 282 95.6 199,900Aug-14 188,750310 162 23 7.4 142,900 287 92.6 189,900Jul-14 164,900355 170 24 6.8 109,000 331 93.2 167,500Jun-14 163,900318 169 30 9.4 109,500 288 90.6 175,000May-14 154,900272 187 28 10.3 119,250 244 89.7 159,900Apr-14 164,900291 301 29 10.0 119,900 262 90.0 174,250Mar-14 159,990275 186 29 10.5 109,900 246 89.5 167,750Feb-14 161,750291 186 22 7.6 109,950 269 92.4 165,000Jan-14 170,000329 182 35 10.6 110,999 294 89.4 179,000Dec-13 174,000383 216 46 12.0 111,950 337 88.0 184,500Nov-13 179,200314 175 29 9.2 125,000 285 90.8 185,000Oct-13 164,000335 168 33 9.9 75,000 302 90.1 173,400


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Oct-201478

Oct-201380

%-3

Change-2

Oct-2013 vs Oct-2014: The average days on market is down -3%The Average Days on Market by Month


Oct-2013 vs. Oct-2014

William Cobb

East Baton Rouge, Ascension, Livingston, West Baton RougeAll 1 Year Monthly

Counties:Period:Price:

Property Types: : Residential

11/17/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

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

The Average Days on Market by MonthOct-2013 vs Oct-2014: The average days on market is down -3%


# UC UnitsAvg DOMTime PeriodOct-14 72978Sep-14 76386Aug-14 72874Jul-14 80772Jun-14 86077May-14 88679Apr-14 83688Mar-14 79087Feb-14 61893Jan-14 620101Dec-13 45087Nov-13 53183Oct-13 64280

Clarus MarketMetrics® 2/2 11/17/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

Oct-20144,524

Oct-20135,009

%-10

Change-485

Oct-2013 vs Oct-2014: The number of For Sale properties is down -10%For Sale Properties by Month


Oct-2013 vs. Oct-2014

William Cobb


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For Sale Properties by MonthOct-2013 vs Oct-2014: The number of For Sale properties is down -10%



Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time Period

Oct-14 189,9004,524 132 386 8.5 125,250 4,138 91.5 194,572Sep-14 187,9004,610 132 403 8.7 126,500 4,207 91.3 190,000Aug-14 188,0004,794 127 420 8.8 124,900 4,374 91.2 191,897Jul-14 187,0004,916 125 430 8.7 123,550 4,486 91.3 189,900Jun-14 184,9004,932 126 440 8.9 119,949 4,492 91.1 189,900May-14 180,0004,843 130 467 9.6 114,900 4,376 90.4 189,000Apr-14 179,0004,813 141 498 10.3 111,000 4,315 89.7 185,000Mar-14 175,0004,716 147 516 10.9 112,100 4,200 89.1 183,950Feb-14 172,0004,611 150 542 11.8 110,525 4,069 88.2 179,900Jan-14 170,0004,614 154 588 12.7 109,550 4,026 87.3 180,950Dec-13 169,9004,548 158 607 13.3 104,500 3,941 86.7 179,900Nov-13 170,0004,777 147 616 12.9 109,550 4,161 87.1 180,000Oct-13 171,0005,009 138 656 13.1 99,900 4,353 86.9 181,900


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Oct-2014972

Oct-2013986

%-1

Change-14

Oct-2013 vs Oct-2014: The number of New properties is down -1%New Properties by Month


Oct-2013 vs. Oct-2014

William Cobb


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New Properties by MonthOct-2013 vs Oct-2014: The number of New properties is down -1%



Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodOct-14 192,298972 111 11.4 124,900 861 88.6 198,900Sep-14 184,250854 100 11.7 130,000 754 88.3 188,200Aug-14 186,9001,040 109 10.5 115,000 931 89.5 194,500Jul-14 189,9001,162 116 10.0 114,000 1,046 90.0 195,600Jun-14 187,0001,247 107 8.6 124,900 1,140 91.4 189,900May-14 188,9001,157 94 8.1 123,000 1,063 91.9 192,500Apr-14 179,9001,162 125 10.8 116,000 1,037 89.2 187,000Mar-14 188,9001,014 107 10.6 112,500 907 89.4 192,000Feb-14 179,900946 107 11.3 109,900 839 88.7 184,900Jan-14 181,900899 128 14.2 109,900 771 85.8 197,000Dec-13 175,000616 127 20.6 94,900 489 79.4 192,500Nov-13 169,900745 115 15.4 114,900 630 84.6 179,900Oct-13 179,900986 137 13.9 109,900 849 86.1 192,500


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Oct-2013 vs Oct-2014: The number of for sale properties is down -10% and the number of sold properties is up 4%


Oct-2013 vs. Oct-2014

5,009 -10

William Cobb

4,524Oct-2014

Supply & Demand by Month

ChangeOct-2013 %-485

Oct-2013 Oct-2014 %613 4

Oct-2013 vs. Oct-2014

635Change

22


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Supply & Demand by MonthOct-2013 vs Oct-2014: The number of for sale properties is down -10% and the number of sold properties is up 4%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Oct-14 132 744,524 635Sep-14 132 794,610 700Aug-14 127 764,794 800Jul-14 125 804,916 825Jun-14 126 794,932 840May-14 130 854,843 848Apr-14 141 924,813 760Mar-14 147 934,716 613Feb-14 150 934,611 556Jan-14 154 884,614 487Dec-13 158 804,548 597Nov-13 147 814,777 551Oct-13 138 855,009 613


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Oct-2013 vs Oct-2014: The median price of for sale properties is up 11% and the median price of sold properties is up 6%


Oct-2013 vs. Oct-2014

171,000 11

William Cobb

189,900Oct-2014

Median For Sale vs Median Sold

ChangeOct-2013 %18,900

Oct-2013 Oct-2014 %172,900 6

Oct-2013 vs. Oct-2014

183,000Change10,100


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Median For Sale vs Median SoldOct-2013 vs Oct-2014: The median price of for sale properties is up 11% and the median price of sold properties is up 6%


For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Oct-14 4,524 635189,900 183,000 -6,900Sep-14 4,610 700187,900 181,950 -5,950Aug-14 4,794 800188,000 179,250 -8,750Jul-14 4,916 825187,000 182,000 -5,000Jun-14 4,932 840184,900 185,000 100May-14 4,843 848180,000 177,750 -2,250Apr-14 4,813 760179,000 170,250 -8,750Mar-14 4,716 613175,000 180,000 5,000Feb-14 4,611 556172,000 169,000 -3,000Jan-14 4,614 487170,000 167,500 -2,500Dec-13 4,548 597169,900 179,900 10,000Nov-13 4,777 551170,000 174,000 4,000Oct-13 5,009 613171,000 172,900 1,900

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

11/17/201422/

Greater Baton Rouge Existing Homes Sold Stats For October 2014

Real Estate

Transcript of Greater Baton Rouge Existing Homes Sold Stats For October 2014