Local Market Update for August 2014

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

Ascension
August
Key Metrics

2013

2014

New Listings

184

169

Closed Sales

197

150

$195,990

$214,900

98.5%

98.6%

Median Sales Price*

Percent of List Price Received*

Year to Date
Thru 8-2013

Thru 8-2014

Percent Change

- 8.2%

1,579

1,592

+ 0.8%

- 23.9%

1,185

1,159

- 2.2%

+ 9.6%

$192,000

$200,000

+ 4.2%

+ 0.1%

98.2%

98.5%

+ 0.3%

Percent Change

Days on Market Until Sale

117

62

- 47.0%

135

102

- 24.4%

Inventory of Homes for Sale

586

498

- 15.0%

--

--

--

Months Supply of Inventory

4.4

3.4

- 22.7%

--

--

--

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

August
2013

184

169

98.5%

197

98.6%

4.4
3.4

150

- 8.2%

New Listings

Historical Median Sales Price

2014

- 23.9%

+ 0.1%

- 22.7%

Closed Sales

Pct. of List Price Received

Months Supply

All MLS
Ascension

Rolling 12-Month Calculation

$220,000

$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 September 19, 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.