http://batonrougehousingreports.com/ – Baton Rouge Home Sales Report for December 2010 Versus December 2011
Baton Rouge Housing Reports is providing a comprehensive examination of the December 2010 versus December 2011 housing market numbers. The parameters of search were the entire MLS or “All MLS”, all housing types except manufactured housing, from $60,000 up to potentially $2,500,000. The actual dates of search were 01/09/2011 to 01/09/2012. The reason for the delay in search is that it takes time for end of year or December home sales to be reported to the courthouses, which are on holiday in late December, and then time to be reported toy GBRMLS.
Highlights from 12/2010 versus 12/2011:
Dec-10 vs. Dec-11: The median sold price is down 1%
Dec-10 vs. Dec-11: The median price of for sale properties is down 2% and the median price of sold properties is down 1%
Dec-10 vs. Dec-11: The number of Sold properties is down 0%
Dec-10 vs. Dec-11: The number of Under Contract properties is up 42%
Dec-10 vs. Dec-11: The number of New properties is down 11%
Dec-10 vs. Dec-11: The number of For Sale properties is down 6%
Dec-10 vs. Dec-11: The number of Expired properties is down 24%
Dec-10 vs. Dec-11: The number of for sale properties is down 6% and the number of sold properties is down 0%
Dec-10 vs. Dec-11: The average days on market is up 13%
Dec-10 vs. Dec-11: The average months supply of inventory is down 34%
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/09/2011 to 01/09/2012. This information was extracted on 01/10/2012.