Local Market Update for March 2014

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

Ascension
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 2013
205 138 $187,500 98.4% 79 540 4.2

Year to Date
Percent Change

2014
180 121 $192,819 98.4% 77 434 3.1

Thru 3-2013 548 345 $185,500 98.4% 93 ---

Thru 3-2014 520 362 $195,070 98.2% 79 ---

Percent Change

- 12.2% - 12.3% + 2.8% 0.0% - 2.5% - 19.6% - 26.2%

- 5.1% + 4.9% + 5.2% - 0.2% - 15.1% ---

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

March
2013 2014

205 180

138 121

98.4%

98.4%

4.2 3.1

- 12.2%

- 12.3%

0.0%

- 26.2%

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 April 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.