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BARRY CRAWFORD

Greater Baton Rouge


Market Trends Report
February - 2014

BROKER-OWNER
225-266-9915

Active
Listings

New
Constr.
Listings

Pendings

Pending
Ratio

Number
of
Expireds
(6 months)

Number
of
Closings
(6 months)

Sales
Per
Month

Months
of
Inventory

Avg.
List
Price

Avg.
Sold
Price

List to
Sales
Price
Ratio

Days
on
Market

0-99,999

514

187

36.4%

187

581

97

5.3

$63,704

$59,099

92.8%

92

16.7%

100,000149,999

745

70

230

30.9%

203

693

116

6.5

$132,885

$128,478

96.7%

83

19.9%

150,000199,999

652

112

299

45.9%

160

885

148

4.4

$176,290

$173,305

98.3%

80

25.4%

200,000249,999

358

124

241

67.3%

74

580

97

3.7

$225,165

$222,024

98.6%

70

16.6%

250,000299,999

229

64

80

34.9%

53

285

48

4.8

$278,331

$272,447

97.9%

70

8.2%

300,000349,999

150

39

36

24.0%

33

156

26

5.8

$327,928

$322,245

98.3%

84

4.5%

350,000399,999

137

43

33

24.1%

27

92

15

8.9

$378,552

$372,109

98.3%

80

2.6%

400,000449,999

79

17

19

24.1%

16

65

11

7.3

$433,354

$420,381

97.0%

116

1.9%

450,000499,999

72

16

13

18.1%

23

41

10.5

$484,946

$472,292

97.4%

106

1.2%

500,000599,999

81

9.9%

27

45

10.8

$568,175

$547,434

96.3%

136

1.3%

600,000699,999

53

14

26.4%

17

27

11.8

$667,667

$639,409

95.8%

104

0.8%

700,000799,999

27

11.1%

10

13

12.5

$777,046

$746,103

96.0%

128

0.4%

800,000999,999

38

13.2%

14

16.3

$924,878

$879,357

95.1%

202

0.4%

1,000,000+

68

8.8%

15

12

34.0

$1,319,416

$1,246,250

94.5%

226

0.3%

Market Totals

3203

516

1174

36.7%

852

3489

582

5.5

$203,941

$198,689

97.4%

84

100.0%

2014 Crawford Real Estate, LLC

Percent
of
Mkt
Sold

Baton Rouge, LA Information obtained from GBRMLS is deemed reliable but not guaranteed and is current as of February 17, 2014.

The Crawford Market Trends Report Definitions

Active Listings: Active listings in Solid Earth (MLS).


Pendings: Listings which have received an acceptable offer from a buyer and are on the way
to closing.
Pending Ratio: Pendings / Active Listings (by price range)
Expired Listings: Listings which have been rejected by the market in the past six months. This is a
rolling six-month (we calculate by going back 180 days from the date of the report) set of listings
which were listed for sale and rejected by the market and the sellers decided to pull or withdraw
them and take them off the market.
Closings: These are homes which were listed for sale, received an offer and closed with a new buyer.
This is a six-month rolling total (180 days back) of all homes sold.
Sold/Mo: Number of houses sold over six months (180 day period) / 6
Months Inventory: Active Listings divided by Sold/Month. Note: Although many months of listings
show for any price range, the average days on the market is normally significantly lower. This is due
to the fact that there are normally a substantial amount of homes that are mis-priced or grossly
overpriced. Days on Market is driven by the homes that actually sell vs. Months of Inventory.
Average List / Sold Price: These are the averages for all homes that have sold in the past 180 days.
MLS Data calculated for the average list and sales price for every home sold in the respective price
range.
List to Sales Ratio: Average List Price / Average Sales Price
Days on Mkt.: Average days the homes in the price range that sold over the 180 day period.

BARRY CRAWFORD

225-266-9915

2013 CRAWFORD REAL ESTATE, LLC

barry@crawfordrealestategroup.com

Baton Rouge, LA