Local Market Update for February 2013

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 2012
190 106 $179,950 97.9% 129 649 5.6

Year to Date
Percent Change

2013
148 126 $188,000 98.6% 98 511 3.9

Thru 2-2012 2,061 1,328 $184,900 97.8% 96 ---

Thru 2-2013 2,055 1,433 $184,900 98.1% 92 ---

Percent Change

- 22.1% + 18.9% + 4.5% + 0.7% - 24.0% - 21.3% - 30.4%

- 0.3% + 7.9% 0.0% + 0.3% - 4.2% ---

* 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.

February
190 148 106 126 97.9% 5.6 98.6%

2012

2013

3.9

- 22.1%

+ 18.9%

+ 0.7%

- 30.4%

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 March 21, 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.