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Local Market Update for February 2014

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

Ascension
February
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 2013
148 125 $188,450 98.5% 99 571 4.5

Year to Date
Percent Change

2014
176 122 $197,955 98.8% 76 448 3.2

Thru 2-2013 343 207 $184,500 98.3% 103 ---

Thru 2-2014 337 241 $196,340 98.0% 80 ---

Percent Change

+ 18.9% - 2.4% + 5.0% + 0.3% - 23.2% - 21.5% - 28.9%

- 1.7% + 16.4% + 6.4% - 0.3% - 22.3% ---

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

February
2013 2014

176 148

125

122

98.5%

98.8%

4.5 3.2

+ 18.9%

- 2.4%

+ 0.3%

- 28.9%

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 1-2004

1-2005

1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

Current as of March 10, 2014. All data from the Greater Baton Rouge Association of REALTORS MLS. Powered by 10K Research and Marketing. Percent changes are calculated using rounded figures.