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Local Market Update for March 2013

A Research Tool Provided by the Greater Baton Rouge Association of REALTORS

East Baton Rouge


March
Key Metrics New Listings Closed Sales Median Sales Price* Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory 2012
672 362 $162,000 96.1% 104 2,569 8.1

Year to Date
Percent Change

2013
674 413 $172,000 96.5% 91 2,266 6.0

Thru 3-2012 6,694 3,676 $167,000 96.0% 104 ---

Thru 3-2013 7,067 4,249 $172,000 96.4% 93 ---

Percent Change

+ 0.3% + 14.1% + 6.2% + 0.4% - 12.5% - 11.8% - 25.9%

+ 5.6% + 15.6% + 3.0% + 0.4% - 10.6% ---

* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

March
672 674 413 362 96.1% 96.5% 8.1

2012

2013

6.0

+ 0.3%

+ 14.1%

+ 0.4%

- 25.9%

New Listings

Closed Sales

Pct. of List Price Received

Months Supply

Historical Median Sales Price


$180,000

Rolling 12-Month Calculation

All MLS East Baton Rouge

$160,000

$140,000

$120,000

$100,000 1-2003

1-2004

1-2005

1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

Current as of April 10, 2013. All data from the Greater Baton Rouge Association of REALTORS MLS. Powered by 10K Research and Marketing. Percent changes are calculated using rounded figures.