4. SINGLE FAMILY LAFAYETTESINGLE FAMILY LAFAYETTESINGLE FAMILY LAFAYETTESINGLE FAMILY LAFAYETTE
REAL ESTATE MARKET REPORT
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
A A
M M
Date Range (Off-Market & Sold) = 08/31/2014 to 03/01/2015
Data believed to be accurate but not guaranteed.
1.1
2.8
7.3
3.9
7.8
4.3
3.7
1.7
2.3
3.5
4
0.4
0.9
0.6
1.1
Status = [1] A; [2] C, P; [3] X, W; [4] S
Area = B, C, D, E, F, G1, G2, G3, K, N, O, H, P
Property Type = DETACHED SINGLE FAMILY
189,000$ 98%
220,221$ 98%
Market Medians 90 253,542$ 55 192,948$
958 3314
Market Averages 131 323,278$
Market Totals 936 421 31%
98 225,376$
859,500$ 835,000$ 97%
49
256
176
983,410$ 96%1,025,600$1,041,716$
5 8% 19
905,950$
$700,000 + 60
202
163
680,113$ 97%
122 669,000$ 107 699,900$ 685,000$ 98%
15
147 703,221$672,986$
1 13% 7$650,000 $699,999 7
176
623,002$ 94%
205 638,500$ 145 649,900$ 622,000$ 96%
21
152 659,437$634,225$
2 33% 2$600,000 $649,999 4
227
572,977$ 97%
118 571,860$ 147 584,050$ 575,000$ 98%
26
197 590,788$574,520$
1 6% 3$550,000 $599,999 16
151
526,309$ 98%
113 519,000$ 65 540,000$ 520,000$ 96%
21
96 538,221$518,611$
4 21% 5$500,000 $549,999 15
112
470,500$ 97%
117 465,500$ 66 484,000$ 467,000$ 96%
33
129 484,440$471,479$
9 17% 11$450,000 $499,999 43
176
425,627$ 98%
52 430,000$ 87 435,000$ 425,000$ 98%
76
126 436,436$429,743$
13 21% 17$400,000 $449,999 50
107
374,073$ 98%
78 375,428$ 78 381,500$ 375,000$ 98%
127
321,000$ 98%
27%
322,992$110 326,241$
29
276,409$
68
74 276,700$
75 325,000$
326
92110 270,713$
47
35%
269,000$
985
175,000$ 98%
229,077$
106 37%
174,298$
130 42% 261
$200,000 $249,999 179
126
174,900$
$150,000 $199,999 177
130
92
30 35% 149
96%38
132,612$ 128,562$ 97%
$100,000 $149,999 56
159
Price Range Num
#
93%
$50,000 $99,999 33
140 79,527$
9 21%
Days
on
Market
Current
List
Price
A = Average Value
M = Median Value
N/A = Not Available
936 ACTIVE
[1]
List-
Sale
Ratio
Est.
Mos.Low High
958 OFF-MARKET (last 6 mos)
[3] ABSORPTION RATE
(months of inventory)
Num
#
Num
#
Num
#
3314 SOLD/CLOSED (last 6 months)
[4]
Days
on
Market
Original
List
Price
Final
List
Price
Sold/
Closed
Price
MARKET SUMMARY TABLE 421 PENDING
[2]
$0 $49,999 7
104
66
Pend
Ratio
39,466$
1 13%
45,000$
42 94
104
47
39,154$ 34,084$ 87%
40,500$ 37,750$
79 80,214$ 74,848$ 93%
79,900$ 75,000$ 94%101 81,600$ 41
570
75
68 126,000$
118 209
127,393$
134,900$ 130,000$
95 178,353$ 175,270$ 98%
178,900$
62
227,212$
58
227,270$ 223,000$ 98%
627
99
86 230,000$
168
223,901$ 99%
99%
328,032$
99%
98%
382,023$
113
274,394$
272,236$
69 327,500$
13
131
45
376,361$
$350,000 $399,999 84
112
$250,000 $299,999 126
$300,000 $349,999 79
1.7
135
74
13% 37
3Real Market Reports
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Sunday, March 1, 2015
Market Summary Table
info@robbiebreaux.com
Robbie Breaux & Team
Van Eaton & Romero - A Latter & Blum Company
(337) 267-4099
Favors Sellers Favors Buyers
5. SINGLE FAMILY LAFAYETTESINGLE FAMILY LAFAYETTESINGLE FAMILY LAFAYETTESINGLE FAMILY LAFAYETTE
REAL ESTATE MARKET REPORT
1. PROPERTIES FOR SALE (ACTIVE)
a. Number Active: The number of listings for sale which are currently being marketed but do not yet have a purchase
agreement.
b. Days on Market (DOM): The marketing period of currently active listings. This does not account for some listings
which have had a previous listing period, but were re-entered as a new listing.
c. Current List Price: The price that a property seller is currently asking.
2. CONTRACTS PENDING
a. Number Pending: The number of current listings for which a contract has been signed but has not yet closed.
b. Pending Ratio: Sometimes called a “list-to-pending ratio”. This is a measure of how fast properties are going under
contract vs. how fast they are being listed.
Pending Ratio = P (Number of Pending Listings)
A+P (Number of Active + Pending)
(P) represents properties that buyers have chosen
(A+P) represents the entire pool from which they have chosen
3. OFF-MARKET
a. Number Off-Market: The number of listing agreements that have failed to close in the last 6 months. Some
owners may choose to re-offer their property for sale.
4. PROPERTIES SOLD (CLOSED CONTRACT)
a. Number Sold: The number of properties that have gone to a closing in the last 6 months.
b. Days on Market (DOM): The marketing time it has taken properties to sell in the last 6 months.
c. Original List Price: The price at which a sold property was originally marketed.
d. Final List Price: The price at which a sold property was marketed just prior to selling.
e. Sold/Closed Price: The price for which a property sold.
f. List to Sales Ratio: The percentage of the list price that the buyer ultimately paid for the property.
List to Sales Ratio = Sold Price
Final List Price
5. ABSORPTION RATE / MONTHS OF INVENTORY
a. Absorption Rate / Months of Inventory: An estimate of how fast listings are currently selling measured in months.
For example, if 100 properties sell per month and there are 800 properties for sale - there is an 8 month supply of
inventory before counting the additional properties that will come on the market.
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Sunday, March 1, 2015
Glossary
info@robbiebreaux.com
Robbie Breaux & Team
Van Eaton & Romero - A Latter & Blum Company
(337) 267-4099