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Local Market Update for August 2013

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

Ascension
August
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
173 102 $185,000 97.8% 82 627 5.0

Year to Date
Percent Change

2013
178 191 $196,355 98.6% 59 515 3.8

Thru 8-2012 1,488 970 $183,900 98.1% 98 ---

Thru 8-2013 1,568 1,174 $192,000 98.2% 76 ---

Percent Change

+ 2.9% + 87.3% + 6.1% + 0.8% - 28.0% - 17.9% - 24.0%

+ 5.4% + 21.0% + 4.4% + 0.1% - 22.4% ---

* 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.

August
2012 2013

173

178 191

97.8%

98.6%

5.0 3.8

102

+ 2.9%

+ 87.3%

+ 0.8%

- 24.0%

New Listings

Closed Sales

Pct. of List Price Received

Months Supply

Historical Median Sales Price


$220,000

Rolling 12-Month Calculation

All MLS Ascension

$200,000

$180,000

$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 September 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.

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