You are on page 1of 21

Market Dynamics

Prepared For

MLS Areas 90, 91, 92, Ascension ALL ASC

William Cobb Accurate Valuations Group

Clarus MarketMetrics
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

1 of 21

William Cobb

Accurate Valuations Group

Median Sold Price by Month


Apr-12 vs. Apr-13: The median sold price is up 11%

Apr-12 vs. Apr-13


Apr-12 185,000
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price:

Apr-13 205,235
All Construction Type:

Change 20,235
All Bedrooms: All

% +11%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

2 of 21

William Cobb

Accurate Valuations Group

Median Sold Price by Month


Apr-12 vs. Apr-13: The median sold price is up 11%

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

Median Price 205,235 187,500 188,000 178,250 189,650 191,000 177,000 180,250 186,000 179,900 179,900 189,500 185,000

# Units 164 138 125 82 112 76 113 155 104 161 145 130 111

Average DOM 87 79 99 108 73 84 102 92 80 89 90 127 109

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

3 of 21

William Cobb

Accurate Valuations Group

Median For Sale vs. Median Sold


Apr-12 vs. Apr-13: The median price of for sale properties is up 5% and the median price of sold properties is up 11%

Apr-12 vs. Apr-13


Apr-12 190,000
MLS: GBRAR Property Types: MLS Area:

Apr-12 vs. Apr-13


% +5%
All Construction Type: All Bedrooms:

Apr-13 199,250
Period: 1 year (monthly)

Change 9,250
Price:

Apr-12 185,000
All

Apr-13 205,235
Bathrooms: All

Change 20,235
Lot Size: All Sq Ft: All

% +11%

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

4 of 21

William Cobb

Accurate Valuations Group

Median For Sale vs. Median Sold


Apr-12 vs. Apr-13: The median price of for sale properties is up 5% and the median price of sold properties is up 11%
For Sale Median 199,250 199,900 199,900 199,000 200,000 199,900 199,900 198,900 199,000 194,900 195,000 190,950 190,000 # Properties For Sale 740 755 728 762 714 755 793 759 793 824 842 858 852 Sold Median 205,235 187,500 188,000 178,250 189,650 191,000 177,000 180,250 186,000 179,900 179,900 189,500 185,000 # Properties Sold 164 138 125 82 112 76 113 155 104 161 145 130 111 Price Difference 5,985 -12,400 -11,900 -20,750 -10,350 -8,900 -22,900 -18,650 -13,000 -15,000 -15,100 -1,450 -5,000

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

5 of 21

William Cobb

Accurate Valuations Group

Sold Properties by Month


Apr-12 vs. Apr-13: The number of Sold properties is up 48%

Apr-12 vs. Apr-13


Apr-12 111
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Apr-13 164
Construction Type:

Change 53
All Bedrooms: All

% +48%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

6 of 21

William Cobb

Accurate Valuations Group

Sold Properties by Month


Apr-12 vs. Apr-13: The number of Sold properties is up 48%

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

# Properties 164 138 125 82 112 76 113 155 104 161 145 130 111

Median Price 205,235 187,500 188,000 178,250 189,650 191,000 177,000 180,250 186,000 179,900 179,900 189,500 185,000

Average DOM 87 79 99 108 73 84 102 92 80 89 90 127 109

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

7 of 21

William Cobb

Accurate Valuations Group

Under Contract Properties by Month


Apr-12 vs. Apr-13: The number of Under Contract properties is up 6%

Apr-12 vs. Apr-13


Apr-12 166
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Apr-13 176
Construction Type:

Change 10
All Bedrooms: All

% +6%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

8 of 21

William Cobb

Accurate Valuations Group

Under Contract Properties by Month


Apr-12 vs. Apr-13: The number of Under Contract properties is up 6%

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

# Properties 176 166 140 134 95 94 113 101 123 154 148 134 166

Median Price 186,450 214,100 199,450 184,800 189,900 184,450 190,400 185,000 191,900 176,750 190,150 188,500 186,250

Average DOM 66 83 86 103 96 81 94 77 70 79 111 98 116

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

9 of 21

William Cobb

Accurate Valuations Group

New Properties by Month


Apr-12 vs. Apr-13: The number of New properties is up 22%

Apr-12 vs. Apr-13


Apr-12 186
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Apr-13 226
Construction Type:

Change 40
All Bedrooms: All

% +22%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

10 of 21

William Cobb

Accurate Valuations Group

New Properties by Month


Apr-12 vs. Apr-13: The number of New properties is up 22%

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

# Properties 226 204 148 196 103 135 196 142 174 190 168 215 186

Median Price 190,000 199,700 195,900 189,950 204,900 184,900 197,700 188,700 192,450 190,400 207,650 190,000 189,900

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

11 of 21

William Cobb

Accurate Valuations Group

For Sale Properties by Month


Apr-12 vs. Apr-13: The number of For Sale properties is down 13%

Apr-12 vs. Apr-13


Apr-12 852
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Apr-13 740
Construction Type:

Change -112
All Bedrooms: All

% -13%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

12 of 21

William Cobb

Accurate Valuations Group

For Sale Properties by Month


Apr-12 vs. Apr-13: The number of For Sale properties is down 13%

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

# Properties 740 755 728 762 714 755 793 759 793 824 842 858 852

Median Price 199,250 199,900 199,900 199,000 200,000 199,900 199,900 198,900 199,000 194,900 195,000 190,950 190,000

Average DOM 119 132 141 144 156 143 141 146 142 138 144 145 154

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

13 of 21

William Cobb

Accurate Valuations Group

Expired Properties by Month


Apr-12 vs. Apr-13: The number of Expired properties is down 12%

Apr-12 vs. Apr-13


Apr-12 43
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Apr-13 38
Construction Type:

Change -5
All Bedrooms: All

% -12%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

14 of 21

William Cobb

Accurate Valuations Group

Expired Properties by Month


Apr-12 vs. Apr-13: The number of Expired properties is down 12%

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

# Properties 38 75 37 48 53 50 60 61 53 51 60 50 43

Median Price 207,650 155,900 207,000 216,750 249,900 200,000 188,450 196,000 210,000 199,900 199,900 207,450 199,900

Average DOM 198 186 208 198 196 165 196 173 227 162 185 190 185

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

15 of 21

William Cobb

Accurate Valuations Group

Supply & Demand by Month


Apr-12 vs. Apr-13: The number of for sale properties is down 13% and the number of sold properties is up 48%

Apr-12 vs. Apr-13


Apr-12 852
MLS: GBRAR Property Types: MLS Area:

Apr-12 vs. Apr-13


% -13%
All Construction Type: All Bedrooms:

Apr-13 740
Period: 1 year (monthly)

Change -112
Price:

Apr-12 111
All

Apr-13 164
Bathrooms: All

Change 53
Lot Size: All Sq Ft: All

% +48%

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

16 of 21

William Cobb

Accurate Valuations Group

Supply & Demand by Month


Apr-12 vs. Apr-13: The number of for sale properties is down 13% and the number of sold properties is up 48%
# Properties For Sale 740 755 728 762 714 755 793 759 793 824 842 858 852 Average DOM For Sale 119 132 141 144 156 143 141 146 142 138 144 145 154 # Properties Sold 164 138 125 82 112 76 113 155 104 161 145 130 111 Average DOM Sold 87 79 99 108 73 84 102 92 80 89 90 127 109

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

17 of 21

William Cobb

Accurate Valuations Group

The Average Days on Market by Month


Apr-12 vs. Apr-13: The average days on market is down 43%

Apr-12 vs. Apr-13


Apr-12 116
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Apr-13 66
Construction Type:

Change -50
All Bedrooms: All

% -43%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

18 of 21

William Cobb

Accurate Valuations Group

The Average Days on Market by Month


Apr-12 vs. Apr-13: The average days on market is down 43%

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

Average DOM 66 83 86 103 96 81 94 77 70 79 111 98 116

# UC Units 176 166 140 134 95 94 113 101 123 154 148 134 166

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

19 of 21

William Cobb

Accurate Valuations Group

Months Supply of Inventory


Apr-12 vs. Apr-13: The average months supply of inventory is down 23%

Apr-12 vs. Apr-13


Apr-12 3.9
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Apr-13 3.0
Construction Type:

Change -0.9
All Bedrooms: All

% -23%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

20 of 21

William Cobb

Accurate Valuations Group

Months Supply of Inventory


Apr-12 vs. Apr-13: The average months supply of inventory is down 23%
# Units For Sale Last Day of Month 526 514 551 580 566 611 620 597 617 620 634 674 644 # UC Units During Month 176 166 140 134 95 94 113 101 123 154 148 134 166 UC Average DOM 66 83 86 103 96 81 94 77 70 79 111 98 116

Time Period Apr-13 Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12

MSI 3.0 3.1 3.9 4.3 6.0 6.5 5.5 5.9 5.0 4.0 4.3 5.0 3.9

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

05/18/2013

21 of 21