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East Baton Rouge New Homes Sales February 2012 vs Feb 2013

By
Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851

 

East Baton Rouge New Homes Sales February 2012 vs Feb 2013

 

Sales of NEW Baton Rouge Homes increased by 38% when comparing February 2012 to February 2013. The Median Sold Price was up by 5%. Homes Under Contract increased by 17% leaving the Months Supply of Inventory down 31.6%. The Average Days On Market, or how long it takes to sell an East Baton Rouge home, WAS UP 53%.

Median Sold Price by Month
Feb-12 vs. Feb-13: The median sold price is up 5%

Sold Properties by Month
Feb-12 vs. Feb-13: The number of sold properties is up 38%

Under Contract Properties by Month
Feb-12 vs. Feb-13: The number of under contract properties is up 17%

The Average Days on Market by Month
Feb-12 vs. Feb-13: The average days on market is up 53%

Months Supply of Inventory
Feb-12 vs. Feb-13: The average months supply of inventory is down -31.6%

Supply & Demand by Month
Feb-12 vs. Feb-13: The number of for sale properties is down 15% and the number of sold properties is up 38%

GBRAR MLS NOTE: Based on info from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2012 to 03/26/2013. This information was extracted on 03/26/2013.

 

East Baton Rouge New Homes Sold Properties February 2012 Versus February 2013

 

 

 

 

Comments(1)

Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Good Morning Bill, thank you for the East Baton Rouge Market Report. It is good to compare the overall year. Keep up the good work!

Mar 26, 2013 10:06 PM