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MARKET DATA REPORT Market Report - December 2017 Report Characteristics Report Name: Market Report - December 2017 Report Date Range: 12/2016 – 12/2017 Filters Used: Property Type, Location Avg/Med: Both Run Date: 01/24/2018 Scheduled: No P| r| e| s| e| n| t | e| d| | b| y Greater Central Louisiana REALTOR® Association ( | 318| ) | | 473| - | 8324 h| t | t | p| : | / | / | www. | g| c | l| ra| . | re| a| l| t | o| r/ 4200| | J| a| c| k | s| o| n| | S| t | r| e| e| t A| l | e| x| a| n| d| r| i | a, | L| A| | 71303 Copyright 2018 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/24/2018

Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

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Page 1: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

MARKET DATA REPORT

Market Report - December 2017

Report CharacteristicsReport Name:Market Report - December 2017

Report Date Range:12/2016 – 12/2017

Filters Used:Property Type, Location

Avg/Med: Both

Run Date: 01/24/2018

Scheduled: No

P |r |e |s |e |n |t |e |d | |b |y

Greater Central Louisiana REALTOR®Association( |318|) | |473|- |8324

h|t |t |p|: |/ |/ |www. |g|c |l |ra|. |re|a|l |t |o|r/4200 | |J |a |c |k|s |o |n | |S |t |r |e |e |tA |l |e |x |a |n |d |r |i |a, |L |A | |71303

Copyright 2018 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

1/24/2018

Page 2: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Summary of Key Listing and Sales MetricsA summary of the key metrics selected to be included in the report. MLS sources where licensed.

Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / -

Listing Activity Charts Metrics

New Listing Count 170 60 +183.3% 2,821 1,324 +113.1%

New Listing Volume $30,923,903 $9,847,350 +214% $534,677,535 $227,814,669 +134.7%

Active Listing Count 656 132 +397% 5,970 2,384 +150.4%

Active Listing Volume $143,573,496 $24,215,299 +492.9% $1,285,766,772 $454,810,483 +182.7%

Average Listing Price $218,862 $183,449 +19.3% $215,727 $190,776 +13.1%

Median Listing Price $172,000 $174,950 -1.7% $169,000 $171,813 -1.6%

Sales Activity Charts Metrics

Closed Sales Count 104 103 +1% 1,456 1,328 +9.6%

Closed Sales Volume $16,883,875 $17,646,706 -4.3% $243,310,033 $218,746,698 +11.2%

Average Sales Price $162,345 $171,327 -5.2% $167,109 $164,719 +1.5%

Median Sales Price $154,500 $161,000 -4% $154,486 $153,150 +0.9%

Market Report - December 2017

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1/24/20182 of 12

Page 3: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Current Year

Prior Year

Percent Change from Prior Year

Current Year

Prior Year

Percent Change from Prior Year

New ListingsThe number of new single-family, condominium and townhome listings that were added each month.

60 418 201 239 179 219 240 238 253 210 233 221 170

85 97 113 114 139 128 111 134 114 114 111 89 60

-29% 331% 78% 110% 29% 71% 116% 78% 122% 84% 110% 148% 183%

New Listing VolumeThe sum of the listing price of single-family, condominium and townhome listings that were added each month.

$9.85M $83.8M $38.3M $42.7M $30.3M $42.2M $43.3M $44.3M $50.1M $42.1M $44.4M $42.3M $30.9M

$15.1M $14.4M $19.2M $19.8M $24.3M $22.7M $17.6M $23.8M $20.2M $22.3M $18.5M $15.1M $9.85M

-35% 482% 99% 115% 25% 86% 146% 86% 148% 88% 140% 181% 214%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Count % Chg.

Dec '17 170 183.3%

Dec '16 60 -29.4%

Dec '15 85 -12.9%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Volume % Chg.

Dec '17 $30.9M 214%

Dec '16 $9.85M -34.9%

Dec '15 $15.1M -27.2%

Market Report - December 2017

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1/24/20183 of 12

Page 4: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Current Year

Prior Year

Percent Change from Prior Year

Current Year

Prior Year

Percent Change from Prior Year

Active ListingsThe number of active single-family, condominium and townhome listings at the end of each month.

132 355 405 413 424 451 493 492 513 540 586 642 656

145 153 188 199 228 232 220 231 213 217 189 182 132

-9% 132% 115% 108% 86% 94% 124% 113% 141% 149% 210% 253% 397%

Active Listing VolumeThe sum of the listing price of active single-family, condominium and townhome listings at the end of each month.

$24.2M $75.7M $88M $86.8M $87.8M $94.2M $104M $102M $112M $120M $128M $143M $144M

$26.5M $27.3M $35.3M $39M $43.9M $44.9M $41.4M $44.2M $39.9M $43.4M $36.3M $34.9M $24.2M

-9% 177% 149% 123% 100% 110% 151% 132% 181% 176% 253% 310% 493%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Count % Chg.

Dec '17 656 397%

Dec '16 132 -9%

Dec '15 145 -18.6%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Volume % Chg.

Dec '17 $144M 492.9%

Dec '16 $24.2M -8.6%

Dec '15 $26.5M -29.6%

Market Report - December 2017

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1/24/20184 of 12

Page 5: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Current Year

Prior Year

Percent Change from Prior Year

Current Year

Prior Year

Percent Change from Prior Year

Average Listing PriceThe average listing price of active single-family, condominium and townhome listings at the end of each month.

$183K $214K $218K $211K $207K $209K $212K $209K $219K $222K $219K $223K $219K

$183K $179K $188K $196K $192K $194K $188K $191K $187K $200K $192K $192K $183K

0% 20% 16% 8% 8% 8% 12% 9% 17% 11% 14% 16% 19%

Median Listing PriceThe median listing price of active single-family, condominium and townhome listings at the end of each month.

$175K $175K $170K $164K $166K $165K $165K $165K $170K $170K $170K $175K $172K

$169K $158K $170K $175K $170K $174K $170K $170K $165K $178K $172K $185K $175K

4% 10% 0% -6% -2% -5% -3% -3% 3% -4% -2% -6% -2%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Price % Chg.

Dec '17 $219K 19.3%

Dec '16 $183K 0.4%

Dec '15 $183K -13.5%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Price % Chg.

Dec '17 $172K -1.7%

Dec '16 $175K 3.6%

Dec '15 $169K -11.4%

Market Report - December 2017

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Page 6: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Current Year

Prior Year

Percent Change from Prior Year

Current Year

Prior Year

Percent Change from Prior Year

Closed SalesThe total number of single-family, condominium and townhome properties sold each month.

103 94 78 107 119 158 136 123 148 145 117 127 104

111 86 80 102 106 125 126 121 130 112 141 96 103

-7% 9% -3% 5% 12% 26% 8% 2% 14% 29% -17% 32% 1%

Closed Sales VolumeThe sum of the sales price of single-family, condominium and townhome properties sold each month.

$17.6M $14.9M $12M $18.3M $19.8M $24.9M $22.7M $21.5M $24.6M $25.2M $21.2M $21.5M $16.9M

$16.5M $12.3M $11.1M $15.3M $17.4M $21.2M $21.7M $19.6M $22.7M $18.7M $25.2M $16M $17.6M

7% 21% 8% 20% 14% 18% 5% 10% 8% 35% -16% 35% -4%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Count % Chg.

Dec '17 104 1%

Dec '16 103 -7.2%

Dec '15 111 -9.9%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Volume % Chg.

Dec '17 $16.9M -4.3%

Dec '16 $17.6M 7%

Dec '15 $16.5M -7.5%

Market Report - December 2017

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1/24/20186 of 12

Page 7: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Condo/Townhouse

Single Family Residence

Current Year

Prior Year

Percent Change from Prior Year

Closed Sales by Property TypeThe percentage of single-family, condominium and townhome properties sold each month by property type.

2% 7% 3% - 4% 2% 1% 2% 4% 3% 2% 3% 3%

98% 93% 97% 100% 96% 98% 99% 98% 96% 97% 98% 97% 97%

Average Sales PriceThe average sales price of the single-family, condominium and townhome properties sold each month.

$171K $158K $153K $171K $166K $158K $167K $175K $166K $174K $181K $169K $162K

$149K $143K $139K $150K $164K $169K $172K $162K $175K $167K $179K $166K $171K

15% 11% 10% 14% 1% -7% -3% 8% -5% 4% 1% 2% -5%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Price % Chg.

Dec '17 $162K -5.2%

Dec '16 $171K 15.3%

Dec '15 $149K 2.7%

Market Report - December 2017

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Page 8: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Current Year

Prior Year

Percent Change from Prior Year

Median Sales PriceThe median sales price of the single-family, condominium and townhome properties sold each month.

$161K $155K $138K $160K $160K $147K $163K $170K $138K $163K $150K $155K $155K

$143K $141K $126K $137K $154K $160K $153K $160K $158K $155K $163K $156K $161K

13% 10% 9% 17% 4% -8% 6% 6% -13% 6% -8% 0% -4%

Filters Used

Custom Area: GCLRA CoverageSaved AreaProperty Type:Condo/Townhouse/Apt, SingleFamily Residence

Month/Year Price % Chg.

Dec '17 $155K -4%

Dec '16 $161K 13%

Dec '15 $143K -6.9%

Market Report - December 2017

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Page 9: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Listing Activity by ZIPDec 2017

ZIPListings

(Month End)Listing Volume

(Month End)Avg Listing

PriceMedian Listing

PriceAvg Listing

Price per Sq FtMedian ListingPrice per Sq Ft

Months ofInventory

AbsorptionRate %

70554 1 $264,900 $264,900 $264,900 $180 $180

70576 1 $134,900 $134,900 $134,900 $69 $69

70586 8 $1,597,300 $199,663 $184,950 $91 $77

71031 1 $155,000 $155,000 $155,000 $56 $56

71070 3 $327,900 $109,300 $84,900 $50 $49

71301 87 $18,028,249 $207,221 $114,000 $67 $63 7 13.79 %

71302 19 $1,678,537 $88,344 $67,000 $51 $51 10 10.52 %

71303 72 $22,835,550 $317,160 $252,500 $114 $114 5 20.83 %

71322 8 $1,240,800 $155,100 $121,950 $66 $64 4 25.00 %

71323 1 $110,000 $110,000 $110,000 $79 $79

71325 2 $288,000 $144,000 $144,000 $66 $66

71327 11 $1,235,499 $112,318 $115,000 $69 $71 6 18.18 %

71328 12 $2,004,699 $167,058 $191,500 $82 $90 4 25.00 %

71330 1 $99,000 $99,000 $99,000 $69 $69

71341 7 $911,900 $130,271 $115,000 $86 $64

71342 16 $2,669,600 $166,850 $161,000 $82 $77

71343 6 $1,253,900 $208,983 $222,450 $150 $154 6 16.66 %

71346 5 $1,163,900 $232,780 $279,000 $79 $94

71350 13 $1,949,300 $149,946 $165,000 $81 $78 13 7.69 %

71351 41 $6,887,500 $167,988 $145,000 $81 $73 41 2.43 %

71355 6 $633,300 $105,550 $92,450 $47 $52 6 16.66 %

71360 122 $27,354,216 $224,215 $199,450 $101 $98 4 22.95 %

71362 1 $88,500 $88,500 $88,500 $63 $63

71367 1 $164,000 $164,000 $164,000 $74 $74

71368 2 $259,500 $129,750 $129,750 $68 $68

71369 4 $437,300 $109,325 $104,950 $51 $54

71371 2 $464,000 $232,000 $232,000 $106 $106

71404 1 $319,000 $319,000 $319,000 $122 $122

71405 16 $4,250,550 $265,659 $160,000 $110 $101 5 18.75 %

71407 1 $232,947 $232,947 $232,947 $113 $113 1 100.00 %

71409 18 $7,451,700 $413,983 $241,950 $135 $121 18 5.55 %

71411 7 $1,112,500 $158,929 $112,500 $82 $68

71417 8 $1,362,600 $170,325 $164,950 $89 $108

71422 1 $24,900 $24,900 $24,900 $18 $18

71423 8 $1,771,700 $221,463 $211,950 $96 $90 3 37.50 %

71425 1 $95,000 $95,000 $95,000 $46 $46

71430 5 $782,050 $156,410 $133,000 $91 $100

71432 1 $99,000 $99,000 $99,000 $65 $65

Continues on next page

Market Report - December 2017

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Page 10: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Listing Activity by ZIPDec 2017

Continued from previous page

ZIPListings

(Month End)Listing Volume

(Month End)Avg Listing

PriceMedian Listing

PriceAvg Listing

Price per Sq FtMedian ListingPrice per Sq Ft

Months ofInventory

AbsorptionRate %

71433 4 $721,000 $180,250 $124,750 $76 $76 4 25.00 %

71454 5 $441,650 $88,330 $69,000 $55 $58

71456 3 $2,030,000 $676,667 $145,000 $192 $227 3 33.33 %

71457 78 $19,579,399 $251,018 $224,500 $106 $101 7 15.38 %

71463 3 $901,400 $300,467 $96,500 $112 $74 2 66.66 %

71465 5 $348,650 $69,730 $85,000 $39 $34 5 20.00 %

71467 13 $2,764,900 $212,685 $185,000 $116 $118 3 30.76 %

71469 3 $456,500 $152,167 $148,000 $83 $82

71483 10 $1,013,000 $101,300 $91,250 $41 $45 3 30.00 %

71485 12 $3,577,800 $298,150 $297,450 $130 $130 6 16.66 %

Market Report - December 2017

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1/24/201810 of 12

Page 11: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Sales Activity by ZIPDec 2017

ZIPPendings

(Month End)Pending Volume

(Month End) Sales Sales VolumeAvg

Sales PriceMedian

Sales PriceAvg Sales

Price per Sq FtMedian Sales

Price per Sq FtMedian Days

In RPR

71301 16 $1,865,800 12 $1,412,900 $124,804 $149,075 $58 $72 3

71302 6 $1,035,900 2 $159,900 $84,950 $84,950 $39 $39 2

71303 19 $4,354,130 15 $2,913,955 $203,509 $199,900 $96 $97 2

71322 2 $127,400 2 $178,900 $92,000 $92,000 $41 $41 13

71327 3 $160,000 2 $188,175 $89,950 $89,950 $62 $62 16

71328 6 $1,422,500 3 $688,600 $228,633 $229,500 $128 $127 1

71343 2 $92,200 1 $140,000 $140,000 $140,000 $79 $79 3

71350 3 $308,500 1 $27,500 $35,000 $35,000 $22 $22 0

71351 11 $1,345,900 1 $159,900 $159,900 $159,900 $114 $114 6

71355 1 $38,000 $43,000 $43,000 $31 $31 2

71360 45 $8,480,000 28 $4,797,395 $178,089 $177,400 $90 $94 1

71405 3 $663,000 3 $529,500 $182,000 $159,500 $95 $80 2

71407 1 $267,000 $269,900 $269,900 $84 $84 2

71409 1 $153,500 1 $154,500 $154,500 $154,500 $72 $72 3

71423 5 $660,150 3 $464,500 $158,000 $161,500 $96 $102 2

71424 2 $269,500 $144,900 $144,900 $60 $60 5

71433 2 $113,000 1 $42,000 $47,155 $47,155 $22 $22 3

71456 1 $300,000 $330,000 $330,000 $96 $96 1

71457 23 $4,594,200 12 $2,471,750 $213,312 $177,125 $106 $98 2

71463 1 $224,900 2 $80,900 $40,450 $40,450 $14 $14 9

71465 1 $147,500 $149,900 $149,900 $54 $54 1

71467 3 $847,800 4 $606,400 $153,775 $150,650 $100 $99 2

71483 3 $225,500 3 $300,100 $106,833 $110,000 $65 $71 1

71485 3 $904,250 2 $545,000 $277,500 $277,500 $127 $127 12

Market Report - December 2017

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Page 12: Market Data Report · A summary of the key metrics selected to be included in the report. MLS sources where licensed. Key Metrics Dec 2017 Dec 2016 + / - YTD 2017 YTD 2016 + / - Listing

Include Cover Sheet Averages

Include Key Metric Summary * Include Appendix Medians

Include Metrics By

MLS: All

Property Types: Condo/Townhouse/Apt Single Family Residence

Sales Types: All

Price Range: None

Custom Area: GCLRA Coverage Saved Area

Report DetailsReport Name: Market Report - December 2017Run Date: 01/24/2018Scheduled: NoReport Date Range: From: 12/2016 To: 12/2017

Information Included

* The Key Metrics Table's YTD median calculations are calculated using a weighted average of the median values for eachmonth that is included.

MLS Filter

Listing Filters

Location Filters

New Listings

Active Listings

Avg/Med Listing Price

Avg/Med Listing Price per Sq Ft

Avg/Med Listing Price vs Est Value

Median Days in RPR

Months of Inventory

Absorption Rate

Active/Pending/Sold

New Pending Sales

Pending Sales

Closed Sales

Avg/Med Sales Price

Avg/Med Sales Price per Sq Ft

Avg/Med Sales Price vs Listing Price

Avg/Med Sales Price vs Est Value

Distressed Listings

Distressed Sales

Listing Activity by ZIP

Listing Activity by Metro Area

Sales Activity by ZIP

Sales Activity by Metro Area

Listing Activity Charts

Sales Activity Charts

Distressed Charts

Data Tables Using 12/2017 data

AppendixThe metrics that are calculated by RPR® may show the same general trends as those published by other sources (i.e. MLS, Associations or vendors), but becauseof our processes and parcel-centric approach, some variation may occur. Data sources include MLS’s, where licensed, and public records for more in-depthmetrics on distressed properties.

Market Report - December 2017

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