Baton Rouge Home Sales Up 25 Percent, Pendings Up 37 Percent May 2012 by Accurate Valuations Group

June 5, 2012 - PRLog -- East Baton Rouge Home Sales May 2011 vs May 2012: Solds Up 25%, Pendings Up 37%, Median Sold Price Down 3%, Months Supply of Inventory Down 38%, For Sale Properties by Month Down 10%.

Complete VIDEO with Charting and commentary is available at  http://www.batonrougehousingreports.com/ under the title, "East Baton Rouge Home Sales May 2011 vs May 2012, Solds Up 25 Percent, Pendings Up 37 Percent"

Median Sold Price by Month
May-11 vs. May-12: The median sold price is down 3%

Sold Properties by Month
May-11 vs. May-12: The number of sold properties is up 25%

Under Contract Properties by Month
May-11 vs. May-12: The number of under contract properties is up 37%

Months Supply of Inventory
May-11 vs. May-12: The average months supply of inventory is down -38.4%

The Average Days on Market by Month
May-11 vs. May-12: The average days on market is up 8%

Supply & Demand by Month
May-11 vs. May-12: The number of for sale properties is down 10% and the number of sold properties is up 25%

New Properties by Month
May-11 vs. May-12: The number of new properties is up 3%

For Sale Properties by Month
May-11 vs. May-12: The number of for sale properties is down 10%

Expired Properties by Month
May-11 vs. May-12: The number of expired properties is down 10%

Median For Sale vs. Median Sold
May-11 vs. May-12: The median price of for sale properties has not changed and the median price of sold properties is down 3%

Report issued by Bill Cobb Appraiser and Baton Rouge Housing Reports Dot Com.

http://www.youtube.com/watch?v=vBK-D7ND-jE



NOTE: This represents ALL GBRMLS Areas in East Baton Rouge for ALL properties and property types.  Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 05/01/2011 to 06/04/2012. This information was extracted on 06/05/2012.