Market Dynamics

Prepared For

Ascension Parish, North Ascension ALL ASC

William Cobb Accurate Valuations Group

Clarus MarketMetrics
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04/21/2013

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William Cobb

Accurate Valuations Group

Median Sold Price by Month

Mar-12 vs. Mar-13: The median sold price is up 1%

Mar-12 vs. Mar-13

Mar-12 185,000
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price:

Mar-13 186,000
All Construction Type:

Change 1,000
All Bedrooms: All

% +1%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Median Sold Price by Month

Mar-12 vs. Mar-13: The median sold price is up 1%

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

Median Price 186,000 187,450 178,250 189,650 191,000 177,000 180,250 186,000 179,900 179,900 189,500 185,000 185,000

# Units 137 126 82 112 76 113 155 104 161 145 130 111 129

Average DOM 79 99 108 73 84 102 92 80 89 90 127 109 85

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Median For Sale vs. Median Sold

Mar-12 vs. Mar-13: The median price of for sale properties is up 6% and the median price of sold properties is up 1%

Mar-12 vs. Mar-13

Mar-12 188,500
MLS: GBRAR Property Types: MLS Area:

Mar-12 vs. Mar-13

% +6%
All Construction Type: All Bedrooms:

Mar-13 199,900
Period: 1 year (monthly)

Change 11,400
Price:

Mar-12 185,000
All

Mar-13 186,000
Bathrooms: All

Change 1,000
Lot Size: All Sq Ft: All

% +1%

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Median For Sale vs. Median Sold

Mar-12 vs. Mar-13: The median price of for sale properties is up 6% and the median price of sold properties is up 1%
For Sale Median 199,900 199,900 199,000 200,000 199,900 199,900 198,900 199,500 194,900 195,000 190,950 190,000 188,500 # Properties For Sale 736 718 757 712 753 791 757 791 822 841 858 852 860 Sold Median 186,000 187,450 178,250 189,650 191,000 177,000 180,250 186,000 179,900 179,900 189,500 185,000 185,000 # Properties Sold 137 126 82 112 76 113 155 104 161 145 130 111 129 Price Difference -13,900 -12,450 -20,750 -10,350 -8,900 -22,900 -18,650 -13,500 -15,000 -15,100 -1,450 -5,000 -3,500

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Sold Properties by Month

Mar-12 vs. Mar-13: The number of Sold properties is up 6%

Mar-12 vs. Mar-13

Mar-12 129
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Mar-13 137
Construction Type:

Change 8
All Bedrooms: All

% +6%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Sold Properties by Month

Mar-12 vs. Mar-13: The number of Sold properties is up 6%

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

# Properties 137 126 82 112 76 113 155 104 161 145 130 111 129

Median Price 186,000 187,450 178,250 189,650 191,000 177,000 180,250 186,000 179,900 179,900 189,500 185,000 185,000

Average DOM 79 99 108 73 84 102 92 80 89 90 127 109 85

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Under Contract Properties by Month

Mar-12 vs. Mar-13: The number of Under Contract properties is up 24%

Mar-12 vs. Mar-13

Mar-12 135
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Mar-13 168
Construction Type:

Change 33
All Bedrooms: All

% +24%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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04/21/2013

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William Cobb

Accurate Valuations Group

Under Contract Properties by Month

Mar-12 vs. Mar-13: The number of Under Contract properties is up 24%

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

# Properties 168 146 140 96 94 113 101 124 154 149 135 166 135

Median Price 214,100 199,450 186,450 192,450 184,450 190,400 185,000 191,900 176,750 189,900 188,500 186,250 179,900

Average DOM 84 86 103 95 81 94 77 69 79 113 97 116 90

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

New Properties by Month

Mar-12 vs. Mar-13: The number of New properties is down 6%

Mar-12 vs. Mar-13

Mar-12 213
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Mar-13 201
Construction Type:

Change -12
All Bedrooms: All

% -6%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

New Properties by Month

Mar-12 vs. Mar-13: The number of New properties is down 6%

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

# Properties 201 149 194 103 135 196 142 174 190 168 215 186 213

Median Price 199,500 195,900 189,900 204,900 184,900 197,700 188,700 192,450 190,400 207,650 190,000 189,900 187,000

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

For Sale Properties by Month

Mar-12 vs. Mar-13: The number of For Sale properties is down 14%

Mar-12 vs. Mar-13

Mar-12 860
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Mar-13 736
Construction Type:

Change -124
All Bedrooms: All

% -14%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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04/21/2013

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William Cobb

Accurate Valuations Group

For Sale Properties by Month

Mar-12 vs. Mar-13: The number of For Sale properties is down 14%

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

# Properties 736 718 757 712 753 791 757 791 822 841 858 852 860

Median Price 199,900 199,900 199,000 200,000 199,900 199,900 198,900 199,500 194,900 195,000 190,950 190,000 188,500

Average DOM 132 140 144 155 143 141 146 142 138 145 145 154 157

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Expired Properties by Month

Mar-12 vs. Mar-13: The number of Expired properties is up 29%

Mar-12 vs. Mar-13

Mar-12 59
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Mar-13 76
Construction Type:

Change 17
All Bedrooms: All

% +29%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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04/21/2013

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William Cobb

Accurate Valuations Group

Expired Properties by Month

Mar-12 vs. Mar-13: The number of Expired properties is up 29%

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

# Properties 76 37 48 53 50 60 61 52 51 60 50 43 59

Median Price 157,450 207,000 216,750 249,900 200,000 188,450 196,000 212,000 199,900 199,900 207,450 199,900 170,000

Average DOM 186 208 198 196 165 196 173 217 162 185 190 185 207

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Supply & Demand by Month

Mar-12 vs. Mar-13: The number of for sale properties is down 14% and the number of sold properties is up 6%

Mar-12 vs. Mar-13

Mar-12 860
MLS: GBRAR Property Types: MLS Area:

Mar-12 vs. Mar-13

% -14%
All Construction Type: All Bedrooms:

Mar-13 736
Period: 1 year (monthly)

Change -124
Price:

Mar-12 129
All

Mar-13 137
Bathrooms: All

Change 8
Lot Size: All Sq Ft: All

% +6%

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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04/21/2013

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William Cobb

Accurate Valuations Group

Supply & Demand by Month

Mar-12 vs. Mar-13: The number of for sale properties is down 14% and the number of sold properties is up 6%
# Properties For Sale 736 718 757 712 753 791 757 791 822 841 858 852 860 Average DOM For Sale 132 140 144 155 143 141 146 142 138 145 145 154 157 # Properties Sold 137 126 82 112 76 113 155 104 161 145 130 111 129 Average DOM Sold 79 99 108 73 84 102 92 80 89 90 127 109 85

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

The Average Days on Market by Month

Mar-12 vs. Mar-13: The average days on market is down 6%

Mar-12 vs. Mar-13

Mar-12 90
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Mar-13 84
Construction Type:

Change -6
All Bedrooms: All

% -6%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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04/21/2013

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William Cobb

Accurate Valuations Group

The Average Days on Market by Month

Mar-12 vs. Mar-13: The average days on market is down 6%

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

Average DOM 84 86 103 95 81 94 77 69 79 113 97 116 90

# UC Units 168 146 140 96 94 113 101 124 154 149 135 166 135

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Months Supply of Inventory

Mar-12 vs. Mar-13: The average months supply of inventory is down 41%

Mar-12 vs. Mar-13

Mar-12 4.9
MLS: GBRAR Property Types: MLS Area: Period: 1 year (monthly) Price: All

Mar-13 2.9
Construction Type:

Change -2.0
All Bedrooms: All

% -41%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family, Residential Attached, Manufactured/Mobile, Preconstruction DSF, Preconstruction ASF) ASC MLS AREA 90, ASC MLS AREA 91, ASC MLS AREA 92

Clarus MarketMetrics

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William Cobb

Accurate Valuations Group

Months Supply of Inventory

Mar-12 vs. Mar-13: The average months supply of inventory is down 41%
# Units For Sale Last Day of Month 492 535 569 563 609 618 595 615 618 632 673 644 666 # UC Units During Month 168 146 140 96 94 113 101 124 154 149 135 166 135 UC Average DOM 84 86 103 95 81 94 77 69 79 113 97 116 90

Time Period Mar-13 Feb-13 Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12

MSI 2.9 3.7 4.1 5.9 6.5 5.5 5.9 5.0 4.0 4.2 5.0 3.9 4.9

Clarus MarketMetrics

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