Local Market Update for February 2014

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

Ascension
February
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
148 125 $188,450 98.5% 99 571 4.5

Year to Date
Percent Change

2014
176 122 $197,955 98.8% 76 448 3.2

Thru 2-2013 343 207 $184,500 98.3% 103 ---

Thru 2-2014 337 241 $196,340 98.0% 80 ---

Percent Change

+ 18.9% - 2.4% + 5.0% + 0.3% - 23.2% - 21.5% - 28.9%

- 1.7% + 16.4% + 6.4% - 0.3% - 22.3% ---

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

February
2013 2014

176 148

125

122

98.5%

98.8%

4.5 3.2

+ 18.9%

- 2.4%

+ 0.3%

- 28.9%

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 March 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.

Sign up to vote on this title
UsefulNot useful