Ascension Parish Homes Sales Under Perform August 2011 vs August 2012

Ascension Parish Homes Sales Under Perform August 2011 vs August 2012

Why Disappointing?

Median Sold Prices down 5%. Number of home sales down 29%. Under Contract homes down 3%. Yes, average days on market has improved 18% and there’s 23% less months supply of inventory. I don’t necessarily understand if this is totally a low supply issue or not.

Median Sold Price by Month
Aug-11 vs. Aug-12: The median sold price is down 5%

Ascension Parish Home Sales Trends August 2012 Median Sold Price by Month

 

Sold Properties by Month
Aug-11 vs. Aug-12: The number of sold properties is down 29%

Ascension Parish Home Sales Trends August 2012 Sold Properties by Month

 

Average Days on Market by Month
Aug-11 vs. Aug-12: The average days on market is down 18%

Ascension Parish Home Sales Trends August 2012 Average Days on Market by Month

 

Months Supply of Inventory
Aug-11 vs. Aug-12: The average months supply of inventory is down -22.8%

Ascension Parish Home Sales Trends August 2012 Months Supply of Inventory

 

Supply & Demand by Month
Aug-11 vs. Aug-12: The number of for sale properties is down 22% and the number of sold properties is down 29%

Ascension Parish Home Sales Trends August 2012 Supply & Demand by Month

 

For Sale Properties by Month
Aug-11 vs. Aug-12: The number of for sale properties is down 22%

Ascension Parish Home Sales Trends August 2012 For Sale Properties by Month

 

New Properties by Month
Aug-11 vs. Aug-12: The number of new properties is down 6%

Under Contract Properties by Month
Aug-11 vs. Aug-12: The number of under contract properties is down 3%

Ascension Parish Home Sales Trends August 2012 Under Contract Properties by Month

 

Expired Properties by Month
Aug-11 vs. Aug-12: The number of expired properties is down 34%

Median For Sale vs. Median Sold
Aug-11 vs. Aug-12: The median price of for sale properties is up 9% and the median price of sold properties is down 5%

Ascension Parish Home Sales Trends August 2012 Median For Sale vs

 

View The Full 20+ page Detailed PDF of these trends PLUS LARGER CHARTS TO VIEW here:

Ascension Parish Housing Trends August 2011 Versus August 2012 PDF

 

 

Brought to you by Bill Cobb Appraiser and Baton Rouge Housing Reports Monthly Market Videos

Baton Rouge Housing 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.

 

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