4. REAL ESTATE MARKET REPORT
DENHAM SPRINGS (70726)
Monday, September 26, 2011 Keller Williams Livingston Partners
(225) 664-1911
[2] [3]
Contracts Pending Off-Market in the Last 6 Months Absorption Rate
[1] [4]
For Sale Sold in the Last 6 Months
Price Range Total Avg Avg Total Pending Total Total Avg Avg Orig Avg Avg List to
Mos.
Min. Max. Num DOM List Price Num Ratio Num Num DOM List Price List Price Sold Price Sales
$0 $ 49,999 1 300 $ 27,000 3 75.0% 0 6 86 $ - $ 38,248 $ 34,383 89.9% 1.0
$50,000 $ 99,999 26 116 $ 86,634 6 18.8% 3 32 116 $ - $ 85,784 $ 80,798 94.2% 4.9
$100,000 $ 149,999 109 106 $ 130,094 28 20.4% 29 112 113 $ - $ 134,138 $ 131,102 97.7% 5.8
$150,000 $ 199,999 86 124 $ 171,745 20 18.9% 24 85 103 $ - $ 171,575 $ 169,178 98.6% 6.1
$200,000 $ 249,999 58 106 $ 221,717 14 19.4% 11 33 70 $ - $ 222,263 $ 218,324 98.2% 10.5
$250,000 $ 299,999 15 193 $ 282,073 2 11.8% 1 6 111 $ - $ 292,583 $ 284,217 97.1% 15.0
$300,000 $ 349,999 5 37 $ 332,780 1 16.7% 4 0 - - - - - -
$350,000 $ 399,999 10 203 $ 373,840 0 - 6 3 120 $ - $ 391,300 $ 372,667 95.2% 20.0
$400,000 $ 449,999 4 151 $ 431,950 0 - 1 3 68 $ - $ 435,467 $ 428,927 98.5% 8.0
$450,000 $ 499,999 3 25 $ 488,597 0 - 1 3 173 $ - $ 494,497 $ 465,000 94.0% 6.0
$500,000 $ 549,999 0 - - 0 - 0 0 - - - - - -
$550,000 $ 599,999 1 94 $ 559,000 0 - 0 0 - - - - - -
$600,000 $ 649,999 1 237 $ 649,000 0 - 0 1 38 $ - $ 659,000 $ 615,000 93.3% 6.0
$650,000 $ 699,999 1 47 $ 684,000 0 - 0 0 - - - - - -
$700,000 + 3 193 $1,249,667 0 - 2 0 - - - - - -
Market Summary >>> 323 119 $ 193,676 74 18.6% 82 284 105 $ - $ 163,010 $ 159,085 97.6% 6.8
Date Range = 03/28/2011 to 09/26/2011 Data believed to be accurate but not guaranteed.
Property Type = Dsf
Search Area = 70726
Status = [1] A; [2] P; [3] X; [4] S
Real Market Reports Market Summary Table
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5. REAL ESTATE MARKET REPORT
DENHAM SPRINGS (70726)
Monday, September 26, 2011 Keller Williams Livingston Partners
(225) 664-1911
1. PROPERTIES FOR SALE
a. Number Active: The number of listings for sale which are currently being marketed but do not yet have a purchase
agreement.
b. Average Days on Market (DOM): The average 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. Average List Price: The average price that a 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 reoffer their property for sale.
4. PROPERTIES SOLD
a. Number Sold: The number of properties that have gone to a closing in the last 6 months.
b. Average Days on Market (DOM): The average marketing time it has taken properties to sell in the last 6 months.
c. Average Original List Price: The average price at which a sold property was originally marketed.
d. Average List Price: The average price at which a sold property was marketed just prior to selling.
e. Average Sold Price: The average 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 = Average Sold Price
Average List Price
5. OTHER
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 Glossary
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