Local Market Update for November 2013

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

Ascension
November
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
135 76 $191,000 97.5% 84 625 5.0

Year to Date
Percent Change

2013
118 108 $189,915 98.4% 61 491 3.5

Thru 11-2012 1,960 1,313 $183,950 98.1% 95 ---

Thru 11-2013 2,010 1,549 $191,900 98.3% 73 ---

Percent Change

- 12.6% + 42.1% - 0.6% + 0.9% - 27.4% - 21.4% - 30.0%

+ 2.6% + 18.0% + 4.3% + 0.2% - 23.2% ---

* 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.

November
2012 2013

135 118 76

108 97.5%

98.4%

5.0 3.5

- 12.6%

+ 42.1%

+ 0.9%

- 30.0%

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 1-2003

1-2004

1-2005

1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

Current as of December 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.