Local Market Update for September 2013

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

East Baton Rouge

September
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
485 340 $178,500 96.3% 102 2,592 7.6

Year to Date
Percent Change

2013
602 363 $170,000 96.6% 81 2,313 5.8

Thru 9-2012 5,529 3,124 $170,000 96.4% 96 ---

Thru 9-2013 5,823 3,679 $175,000 96.6% 88 ---

Percent Change

+ 24.1% + 6.8% - 4.8% + 0.3% - 20.6% - 10.8% - 23.7%

+ 5.3% + 17.8% + 2.9% + 0.2% - 8.3% ---

* 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.

September
2012 2013

602 485

340

363 96.3% 96.6%

7.6 5.8

+ 24.1%

+ 6.8%

+ 0.3%

- 23.7%

New Listings

Closed Sales

Pct. of List Price Received

Months Supply

Historical Median Sales Price

$180,000

Rolling 12-Month Calculation

All MLS East Baton Rouge

$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 October 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.