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) = 08/03/2014 to 02/01/2015
Data believed to be accurate but not guaranteed.
1.4
3.6
7.4
4
6.9
4.6
2.5
1.8
2.5
3.4
3.7
0.8
1.5
0.8
1.2
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
192,000$ 98%
224,341$ 98%
Market Medians 89 245,000$ 54 195,000$
1,124 3029
Market Averages 133 310,830$
Market Totals 939 317 25%
97 229,532$
865,000$ 843,100$ 97%
47
264
203
994,407$ 96%1,037,456$1,019,629$
5 8% 68
899,450$
$700,000 + 58
204
161
680,113$ 97%
95 679,000$ 107 699,900$ 685,000$ 98%
15
147 703,221$677,089$
0 13$650,000 $699,999 9
145
623,002$ 94%
267 638,000$ 145 649,900$ 622,000$ 96%
21
152 659,437$632,560$
1 17% 7$600,000 $649,999 5
282
572,977$ 97%
166 575,000$ 147 584,050$ 575,000$ 98%
26
197 590,788$576,982$
2 15% 18$550,000 $599,999 11
181
526,309$ 98%
95 522,200$ 65 540,000$ 520,000$ 96%
21
96 538,221$520,924$
0 20$500,000 $549,999 16
110
470,500$ 97%
113 469,000$ 66 484,000$ 467,000$ 96%
33
129 484,440$471,164$
3 7% 34$450,000 $499,999 38
176
425,780$ 97%
93 429,950$ 87 435,000$ 425,000$ 98%
72
124 436,884$428,141$
6 11% 37$400,000 $449,999 48
127
375,416$ 98%
97 371,150$ 81 384,500$ 377,200$ 98%
113
322,900$ 98%
16%
323,270$114 325,884$
14
274,623$
55
88 274,900$
73 325,000$
299
86126 270,660$
44
31%
268,470$
917
175,000$ 98%
228,121$
88 32%
176,003$
89 32% 290
$200,000 $249,999 184
114
177,500$
$150,000 $199,999 191
123
87
33 35% 120
96%35
133,006$ 128,829$ 97%
$100,000 $149,999 61
176
Price Range Num
#
91%
$50,000 $99,999 43
140 78,760$
6 12%
Days
on
Market
Current
List
Price
A = Average Value
M = Median Value
N/A = Not Available
939 ACTIVE
[1]
List-
Sale
Ratio
Est.
Mos.Low High
1124 OFF-MARKET (last 6 mos)
[3] ABSORPTION RATE
(months of inventory)
Num
#
Num
#
Num
#
3029 SOLD/CLOSED (last 6 months)
[4]
Days
on
Market
Original
List
Price
Final
List
Price
Sold/
Closed
Price
MARKET SUMMARY TABLE 317 PENDING
[2]
$0 $49,999 11
81
92
Pend
Ratio
37,227$
3 21%
35,000$
10 85
111
49
38,885$ 33,749$ 87%
41,000$ 37,500$
80 80,977$ 75,554$ 93%
79,900$ 75,000$ 94%123 84,900$ 40
487
74
115 131,000$
45 168
129,276$
135,000$ 130,000$
93 178,347$ 175,482$ 98%
178,900$
63
227,004$
55
225,950$ 222,000$ 98%
598
98
84 229,700$
232
223,663$ 99%
99%
328,129$
99%
99%
383,977$
103
274,091$
271,050$
62 327,900$
12
137
77
373,550$
$350,000 $399,999 70
120
$250,000 $299,999 123
$300,000 $349,999 71
1.9
127
98
15% 55
3Real Market Reports
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Sunday, February 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, February 1, 2015
Glossary
info@robbiebreaux.com
Robbie Breaux & Team
Van Eaton & Romero - A Latter & Blum Company
(337) 267-4099