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Local Market Update for February 2014

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

East Baton Rouge


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
595 282 $169,950 96.8% 98 2,420 6.7

Year to Date
Percent Change

2014
532 304 $160,500 95.6% 97 2,150 5.4

Thru 2-2013 1,267 551 $166,500 96.3% 99 ---

Thru 2-2014 1,086 572 $160,000 96.1% 92 ---

Percent Change

- 10.6% + 7.8% - 5.6% - 1.2% - 1.0% - 11.2% - 19.4%

- 14.3% + 3.8% - 3.9% - 0.2% - 7.1% ---

* 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

595 532

282

304

96.8%

95.6%

6.7 5.4

- 10.6%

+ 7.8%

- 1.2%

- 19.4%

New Listings

Closed Sales

Pct. of List Price Received

Months Supply

Historical Median Sales Price


$180,000 $170,000 $160,000 $150,000 $140,000 $130,000 $120,000 $110,000 1-2004

Rolling 12-Month Calculation

All MLS East Baton Rouge

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.