Local Market Update for March 2013

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

Ascension
March
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
212 128 $185,000 98.2% 86 667 5.6

Year to Date
Percent Change

2013
202 137 $186,000 98.3% 79 477 3.6

Thru 3-2012 2,095 1,349 $185,000 97.9% 95 ---

Thru 3-2013 2,045 1,442 $184,950 98.1% 92 ---

Percent Change

- 4.7% + 7.0% + 0.5% + 0.1% - 8.1% - 28.5% - 35.7%

- 2.4% + 6.9% - 0.0% + 0.2% - 3.2% ---

* 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.

March
212 5.6 202 128 137 98.2% 98.3%

2012

2013

3.6

- 4.7%

+ 7.0%

+ 0.1%

- 35.7%

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 April 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.