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) = 10/06/2014 to 04/06/2015
Data believed to be accurate but not guaranteed.
1.1
2
7
4.3
7.6
5.4
3.9
1.6
2.3
3.7
4.4
0.3
0.8
0.6
0.9
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
188,900$ 98%
219,387$ 98%
Market Medians 78 268,920$ 55 192,000$
1,268 3365
Market Averages 132 333,231$
Market Totals 909 525 37%
99 224,541$
859,500$ 835,000$ 97%
49
256
176
983,410$ 96%1,025,600$1,099,595$
10 15% 76
899,000$
$700,000 + 57
211
134
680,113$ 97%
93 675,000$ 107 699,900$ 685,000$ 98%
15
147 703,221$675,200$
2 29% 15$650,000 $699,999 5
96
623,002$ 94%
157 647,250$ 145 649,900$ 622,000$ 96%
21
152 659,437$643,575$
3 43% 8$600,000 $649,999 4
168
572,977$ 97%
90 570,600$ 147 584,050$ 575,000$ 98%
26
197 590,788$575,201$
4 19% 21$550,000 $599,999 17
166
526,309$ 98%
43 519,900$ 65 540,000$ 520,000$ 96%
21
96 538,221$522,956$
7 27% 20$500,000 $549,999 19
106
470,500$ 97%
124 468,900$ 66 484,000$ 467,000$ 96%
33
129 484,440$472,080$
12 22% 38$450,000 $499,999 42
159
425,627$ 98%
65 423,900$ 87 435,000$ 425,000$ 98%
76
126 436,436$426,857$
14 21% 42$400,000 $449,999 54
110
374,225$ 98%
84 379,250$ 78 381,750$ 375,000$ 98%
126
320,950$ 98%
26%
322,687$121 327,625$
29
275,713$
79
77 273,000$
84 329,000$
333
96115 270,948$
50
39%
269,000$
999
175,000$ 98%
229,797$
124 43%
175,717$
160 51% 332
$200,000 $249,999 167
112
174,950$
$150,000 $199,999 156
126
74
45 45% 137
96%38
132,568$ 128,500$ 97%
$100,000 $149,999 56
157
Price Range Num
#
94%
$50,000 $99,999 27
134 79,311$
10 27%
Days
on
Market
Current
List
Price
A = Average Value
M = Median Value
N/A = Not Available
909 ACTIVE
[1]
List-
Sale
Ratio
Est.
Mos.Low High
1268 OFF-MARKET (last 6 mos)
[3] ABSORPTION RATE
(months of inventory)
Num
#
Num
#
Num
#
3365 SOLD/CLOSED (last 6 months)
[4]
Days
on
Market
Original
List
Price
Final
List
Price
Sold/
Closed
Price
MARKET SUMMARY TABLE 525 PENDING
[2]
$0 $49,999 5
109
43
Pend
Ratio
40,580$
4 44%
45,000$
13 97
103
49
39,128$ 33,891$ 87%
40,000$ 37,500$
80 80,291$ 74,806$ 93%
79,900$ 75,000$ 94%106 79,900$ 46
584
75
52 126,000$
52 214
126,986$
134,900$ 130,000$
96 178,417$ 175,322$ 98%
178,900$
61
227,215$
59
227,500$ 223,000$ 98%
635
99
71 230,900$
257
223,923$ 99%
99%
327,949$
99%
98%
382,238$
115
274,565$
272,850$
70 327,700$
22
131
87
378,116$
$350,000 $399,999 92
145
$250,000 $299,999 125
$300,000 $349,999 83
1.6
136
109
19% 61
3Real Market Reports
www.RealMarketReports.com
Monday, April 6, 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.
Real Market Reports
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Monday, April 6, 2015
Glossary
info@robbiebreaux.com
Robbie Breaux & Team
Van Eaton & Romero - A Latter & Blum Company
(337) 267-4099