Market Dynamics

Prepared For

Tara Subdivision, Baton Rouge, LA 70806

William Cobb Accurate Valuations Group

Clarus MarketMetrics
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

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William Cobb

Accurate Valuations Group

Median Sold Price by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Dec-10 vs. Dec-11

Dec-10 0
MLS: GBRAR Property Types: Subdivision: Period: Tara 1 year (monthly) Price:

Dec-11 263,500
All Construction Type:

Change 263,500
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

2 of 21

William Cobb

Accurate Valuations Group

Median Sold Price by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

Median Price 263,500 293,650 195,000 575,000 215,000 159,900 213,000 202,500

# Units 1 4 0 5 1 1 0 1 2 3 0 0 0

Average DOM 2 52 150 103 157 16 92 17

Clarus MarketMetrics

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01/16/2012

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William Cobb

Accurate Valuations Group

Median For Sale vs. Median Sold

Dec-10 vs. Dec-11: The median price of for sale properties is up 7% and the percent change in the median price of sold

Dec-10 vs. Dec-11

Dec-10 246,900
MLS: GBRAR Property Types: Subdivision:

Dec-10 vs. Dec-11

% +7%
All Construction Type: All Bedrooms:

Dec-11 265,000
Period: Tara 1 year (monthly)

Change 18,100
Price:

Dec-10 0
All

Dec-11 263,500
Bathrooms: All

Change 263,500
Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

4 of 21

William Cobb

Accurate Valuations Group

Median For Sale vs. Median Sold

Dec-10 vs. Dec-11: The median price of for sale properties is up 7% and the percent change in the median price of sold
For Sale Median 265,000 265,000 287,000 264,950 247,400 237,500 230,000 230,000 230,000 204,744 204,744 215,244 246,900 # Properties For Sale 7 7 10 12 14 13 9 7 9 12 10 8 7 159,900 213,000 202,500 195,000 575,000 215,000 Sold Median 263,500 293,650 # Properties Sold 1 4 0 5 1 1 0 1 2 3 0 0 0 -70,100 -17,000 -2,243 -69,950 327,600 -22,500 Price Difference -1,500 28,650

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

5 of 21

William Cobb

Accurate Valuations Group

Sold Properties by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Dec-10 vs. Dec-11

Dec-10 0
MLS: GBRAR Property Types: Subdivision: Period: Tara 1 year (monthly) Price: All

Dec-11 1
Construction Type:

Change 1
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

6 of 21

William Cobb

Accurate Valuations Group

Sold Properties by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

# Properties 1 4 0 5 1 1 0 1 2 3 0 0 0

Median Price 263,500 293,650 195,000 575,000 215,000 159,900 213,000 202,500

Average DOM 2 52 150 103 157 16 92 17

Clarus MarketMetrics

2 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

7 of 21

William Cobb

Accurate Valuations Group

Under Contract Properties by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Dec-10 vs. Dec-11

Dec-10 0
MLS: GBRAR Property Types: Subdivision: Period: Tara 1 year (monthly) Price: All

Dec-11 0
Construction Type:

Change 0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

8 of 21

William Cobb

Accurate Valuations Group

Under Contract Properties by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

# Properties 0 1 4 3 3 2 0 0 2 3 1 0 0

Median Price 259,900 298,600 237,500 196,000 407,450

Average DOM 2 52 82 185 130

209,950 199,500 245,000

78 30 4

Clarus MarketMetrics

2 of 2
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01/16/2012

9 of 21

William Cobb

Accurate Valuations Group

New Properties by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Dec-10 vs. Dec-11

Dec-10 0
MLS: GBRAR Property Types: Subdivision: Period: Tara 1 year (monthly) Price: All

Dec-11 1
Construction Type:

Change 1
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

10 of 21

William Cobb

Accurate Valuations Group

New Properties by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

# Properties 1 1 1 2 3 4 2 0 1 3 4 4 0

Median Price 165,500 259,900 158,400 272,425 309,000 251,250 234,950 341,000 230,000 214,450 204,744

Clarus MarketMetrics

2 of 2
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01/16/2012

11 of 21

William Cobb

Accurate Valuations Group

For Sale Properties by Month

Dec-10 vs. Dec-11: The number of For Sale properties has not changed

Dec-10 vs. Dec-11

Dec-10 7
MLS: GBRAR Property Types: Subdivision: Period: Tara 1 year (monthly) Price: All

Dec-11 7
Construction Type:

Change 0
All Bedrooms: All

% 0%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

12 of 21

William Cobb

Accurate Valuations Group

For Sale Properties by Month

Dec-10 vs. Dec-11: The number of For Sale properties has not changed

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

# Properties 7 7 10 12 14 13 9 7 9 12 10 8 7

Median Price 265,000 265,000 287,000 264,950 247,400 237,500 230,000 230,000 230,000 204,744 204,744 215,244 246,900

Average DOM 139 111 80 69 118 122 142 144 105 83 78 120 199

Clarus MarketMetrics

2 of 2
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01/16/2012

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William Cobb

Accurate Valuations Group

Expired Properties by Month

Dec-10 vs. Dec-11: The number of Expired properties is down 100%

Dec-10 vs. Dec-11

Dec-10 3
MLS: GBRAR Property Types: Subdivision: Period: Tara 1 year (monthly) Price: All

Dec-11 0
Construction Type:

Change -3
All Bedrooms: All

% -100%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

14 of 21

William Cobb

Accurate Valuations Group

Expired Properties by Month

Dec-10 vs. Dec-11: The number of Expired properties is down 100%

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

# Properties 0 0 0 0 1 0 0 0 0 1 0 2 3

Median Price

Average DOM

229,900

527

175,000 297,700 306,000

183 188 197

Clarus MarketMetrics

2 of 2
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01/16/2012

15 of 21

William Cobb

Accurate Valuations Group

Supply & Demand by Month

Dec-10 vs. Dec-11: The number of for sale properties has not changed and the percent change in the number of sold

Dec-10 vs. Dec-11

Dec-10 7
MLS: GBRAR Property Types: Subdivision:

Dec-10 vs. Dec-11

% 0%
All Construction Type: All Bedrooms:

Dec-11 7
Period: Tara 1 year (monthly)

Change 0
Price:

Dec-10 0
All

Dec-11 1
Bathrooms: All

Change 1
Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

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William Cobb

Accurate Valuations Group

Supply & Demand by Month

Dec-10 vs. Dec-11: The number of for sale properties has not changed and the percent change in the number of sold
# Properties For Sale 7 7 10 12 14 13 9 7 9 12 10 8 7 Average DOM For Sale 139 111 80 69 118 122 142 144 105 83 78 120 199 # Properties Sold 1 4 0 5 1 1 0 1 2 3 0 0 0 16 92 17 150 103 157 Average DOM Sold 2 52

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

Clarus MarketMetrics

2 of 2
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01/16/2012

17 of 21

William Cobb

Accurate Valuations Group

The Average Days on Market by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Dec-10 vs. Dec-11

Dec-10 0
MLS: GBRAR Property Types: Subdivision: Period: Tara 1 year (monthly) Price: All

Dec-11 0
Construction Type:

Change 0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

18 of 21

William Cobb

Accurate Valuations Group

The Average Days on Market by Month

Dec-10 vs. Dec-11: The percent change calculation is N/A

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

Average DOM 2 52 82 185 130

# UC Units 0 1 4 3 3 2 0 0

78 30 4

2 3 1 0 0

Clarus MarketMetrics

2 of 2
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William Cobb

Accurate Valuations Group

Months Supply of Inventory

Dec-10 vs. Dec-11: The percent change calculation is N/A

Dec-10 vs. Dec-11

Dec-10 0.0
MLS: GBRAR Property Types: Subdivision: Period: Tara 1 year (monthly) Price: All

Dec-11 0.0
Construction Type:

Change 0.0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family)

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/16/2012

20 of 21

William Cobb

Accurate Valuations Group

Months Supply of Inventory

Dec-10 vs. Dec-11: The percent change calculation is N/A
# Units For Sale Last Day of Month 7 6 6 9 10 11 9 7 7 8 9 6 4 # UC Units During Month 0 1 4 3 3 2 0 0 2 3 1 0 0 3.5 2.7 9.0 78 30 4 6.0 1.5 3.0 3.3 5.5 2 52 82 185 130 UC Average DOM

Time Period Dec-11 Nov-11 Oct-11 Sep-11 Aug-11 Jul-11 Jun-11 May-11 Apr-11 Mar-11 Feb-11 Jan-11 Dec-10

MSI

Clarus MarketMetrics

2 of 2
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