Walker Louisiana Home Sales Trends August 2011 versus August 2012 for ALL Homes, Existing and New Construction.
What's disturbing about these trends?
While the median sold price is up 11% and average days on market is down 34%, the number of sold homes is down 32%, months supply of inventory is up 41% and the number of homes under contract is down 38%. With months of inventory up 41%, it doesn't appear these fewer home sales are due to lower supply.
Median Sold Price by Month
Aug-11 vs. Aug-12: The median sold price is up 11%
Sold Properties by Month
Aug-11 vs. Aug-12: The number of sold properties is down 32%
Average Days on Market by Month
Aug-11 vs. Aug-12: The average days on market is down 34%
Months Supply of Inventory
Aug-11 vs. Aug-12: The average months supply of inventory is up 40.8%
Supply & Demand by Month
Aug-11 vs. Aug-12: The number of for sale properties is down 19% and the number of sold properties is down 32%
For Sale Properties by Month
Aug-11 vs. Aug-12: The number of for sale properties is down 19%
New Properties by Month
Aug-11 vs. Aug-12: The number of new properties is down 23%
Under Contract Properties by Month
Aug-11 vs. Aug-12: The number of under contract properties is down 38%
Expired Properties by Month
Aug-11 vs. Aug-12: The number of expired properties is down 50%
Median For Sale vs. Median Sold
Aug-11 vs. Aug-12: The median price of for sale properties is up 7% and the median price of sold properties is up 11%
View The Full 20+ page Detailed PDF of these trends here:
Brought to you by Bill Cobb Appraiser and Baton Rouge Housing Reports Monthly Market Videos
GBRAR MLS NOTE: Based on info from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 08/01/2011 to 09/15/2012. This information was extracted on 09/16/2012.
Tags: Walker, Walker LA, western livingston parish, livingston parish, denham springs, walker la housing, walker la homes
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