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) = 11/03/2013 to 05/04/2014
Data believed to be accurate but not guaranteed.
2.5
102
54
33% 26
$250,000 $299,999 88
$300,000 $349,999 48
374,180$
$350,000 $399,999 38
138
19
117
44
382,649$
85
273,408$
269,950$
55 329,534$
223,183$ 98%
99%
329,493$
99%
99%
482
80
70 222,000$
148
99%
177,000$
50
226,758$
52
225,000$ 221,000$ 98%
134,900$ 131,000$
85 177,309$ 174,673$
142 79,900$ 39
375
73
42 131,700$
54 121
130,516$
94%
79,500$ 75,000$ 94%
73 80,349$ 75,143$
38,957$ 34,445$ 88%
42,000$ 38,000$
51
117
57
2 11%
42,000$
27
MARKET SUMMARY TABLE 488 PENDING
[2]
$0 $49,999 17
203
43
Pend
Ratio
37,459$
Num
#
Num
#
Num
#
2382 SOLD/CLOSED (last 6 months)
[4]
Days
on
Market
Original
List
Price
Final
List
Price
Sold/
Closed
Price
700 OFF-MARKET (last 6 mos)
[3] ABSORPTION RATE
(months of inventory)
Days
on
Market
Current
List
Price
A = Average Value
M = Median Value
N/A = Not Available
986 ACTIVE
[1]
List-
Sale
Ratio
Est.
Mos.Low High
Price Range Num
#
90%
$50,000 $99,999 56
208 77,918$
8 13%
$100,000 $149,999 98
111
42 30% 87
97%34
133,110$ 129,415$ 97%
181,900$
$150,000 $199,999 264
155
70
$200,000 $249,999 187
113
746
174,625$ 99%
224,159$
121 39%
181,225$
165 38% 162
250
7499 269,793$
33
44%
267,000$
140 326,094$
24
273,910$
69
65 269,950$
98 324,950$ 325,000$ 99%
33%
324,844$
374,632$ 98%
93 369,900$ 59 383,900$ 375,000$ 98%
87
$400,000 $449,999 39
97 108 435,762$424,409$
17 30% 19
426,709$ 98%
72 421,900$ 68 437,000$ 427,000$ 98%
53
$450,000 $499,999 36
130 136 485,529$477,821$
6 14% 18
470,551$ 97%
105 478,700$ 65 484,000$ 467,000$ 96%
23
$500,000 $549,999 21
86 95 533,329$523,083$
4 16% 8
529,678$ 99%
87 519,400$ 54 533,175$ 533,175$ 100%
13
$550,000 $599,999 13
38 166 591,040$581,435$
3 19% 7
572,855$ 97%
34 582,500$ 127 584,050$ 575,000$ 98%
20
$600,000 $649,999 8
105 120 647,990$629,570$
2 20% 5
618,011$ 95%
86 629,750$ 81 649,500$ 617,000$ 95%
13
$650,000 $699,999 11
192 104 697,394$677,936$
0 5
673,787$ 97%
197 675,000$ 62 698,500$ 675,000$ 97%
15
$700,000 + 62
212
157
1,094,819$
6 9% 36
899,450$ 825,000$ 97%
31
258
105
1,008,468$ 97%1,044,633$
87 227,847$
847,000$
700 2382
Market Averages 137 298,374$
Market Totals 986 488 33%
223,182$ 98%
Market Medians 75 215,700$ 47 195,000$
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
191,600$ 98%
2
2.8
1.6
2.1
2.3
2.1
2.8
2.6
3.7
4.4
12
4.4
9.4
9.7
3.9
3Real Market Reports
www.RealMarketReports.com
Sunday, May 4, 2014
Market Summary Table
info@robbiebreaux.com
Robbie Breaux & Team
Van Eaton & Romero
(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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4
Sunday, May 4, 2014
Glossary
info@robbiebreaux.com
Robbie Breaux & Team
Van Eaton & Romero
(337) 267-4099