Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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

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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


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



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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


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




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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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


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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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


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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


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


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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


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


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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


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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


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


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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


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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


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


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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


Mar-11 vs. Mar-12

William Cobb




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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


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


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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%


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



Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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Willi C bb A t V l ti G


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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


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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


Mar-11 vs. Mar-12

William Cobb



Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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


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


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


Mar-11 vs. Mar-12

7.1 -38%

William Cobb

4.4

Mar-12

Months Supply of Inventory

ChangeMar-11 %

-2.7




Sq Ft:

Denham Springs


Period: All All

Property Types:

City:

All


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


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



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Denham Springs Exising Homes Housing Study March 2011 vs March 2012

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