Mobile Area Association of REALTORS® The Gulf Coast Multiple Listing Service, Inc. http://www.mobilerealtor.com/ Mobile County Foreclosure Deeds, Deeds-in-Lieu of Foreclosure, and Auctioneers' Deeds Residential Housing Report January 2007 - July 2012 This report is available on the Center for Real Estate Studies website: http://cres.southalabama.edu/ UNIVERSITY OF SOUTH ALABAMA Mitchell College of Business Center for Real Estate Studies Don Epley, Director, depley@usouthal.edu USA takes reasonable measures to ensure the quality of the data and other information produced. However, USA makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information, nor represents that its use would not infringe on privately owned rights. Reference to any specific commercial product, process, or service does not constitute an endorsement, recommendation, or favoring by USA. Mobile Area Association of REALTORS® The Gulf Coast Multiple Listing Service, Inc. http://www.mobilerealtor.com/ Notice to Reader: This report on single-family properties includes all recorded deeds entitled: Foreclosure Deed Deed-in-Lieu of Foreclosure Auctioneers' Deed It does not include residential lots or commercial property. Data is reported in the month of sale. UNIVERSITY OF SOUTH ALABAMA Mitchell College of Business Center for Real Estate Studies Report prepared by: Michelle Pinochet, MBA student USA takes reasonable measures to ensure the quality of the data and other information produced. However, USA makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information, nor represents that its use would not infringe on privately owned rights. Reference to any specific commercial product, process, or service does not constitute an endorsement, recommendation, or favoring by USA. Mobile County Properties Foreclosure Deeds January February March April May June July August September October November December Annual Change from previous year 2007 113 88 94 58 98 64 71 73 67 74 84 56 940 2008 87 90 83 71 73 93 72 75 64 92 68 55 923 2009 74 96 60 76 82 106 96 86 82 94 115 101 1,068 2010 133 106 158 135 146 117 125 115 134 107 108 85 1,469 2011 127 114 156 107 70 164 82 119 126 121 98 100 1,384 2012 125 80 98 123 99 118 94 - 90.00% -1.81% 15.71% 37.55% -5.79% - Foreclosure Deeds 140 120 100 80 60 40 20 0 July 2011 June 2012 July 2012 Deeds in Lieu of Foreclosures January February March April May June July August September October November December Annual Change from previous year 2007 1 0 0 0 0 1 2 0 1 2 1 1 9 2008 1 1 9 1 2 1 1 1 4 1 6 3 31 2009 2 0 4 4 3 3 3 8 4 3 1 3 38 2010 5 4 7 2 2 0 1 7 3 1 2 4 38 2011 4 5 1 3 1 4 3 9 10 5 4 10 59 2012 6 9 8 8 5 3 1 - -30.77% 244.44% 22.58% 0.00% 55.26% - Deeds-in-Lieu of Foreclosure 4 3 3 2 2 1 1 0 July 2011 June 2012 July 2012 Mobile County Properties Auctioneers' Deeds January February March April May June July August September October November December Annual Change from previous year 2007 5 4 5 3 5 1 4 1 4 3 6 1 42 2008 2 2 3 3 1 4 1 3 4 9 8 0 40 2009 1 3 3 9 2 8 6 3 9 4 11 12 71 2010 13 9 14 7 11 5 5 4 15 4 1 4 92 2011 6 5 7 4 8 10 8 3 3 6 2 2 64 2012 2 5 8 8 7 5 3 - 82.61% -4.76% 77.50% 29.58% -30.43% - Auctioneers' Deeds 9 8 7 6 5 4 3 2 1 0 July 2011 June 2012 July 2012 Mobile County Total Foreclosure Deeds (January 2007 - July 2012) 180 Number of Foreclosure Deeds 160 140 120 100 80 60 40 20 0 2007 2008 2009 2010 2011 2012 Month Source: USA Center for Real Estate Studies, Donald Epley, Director, depley@usouthal.edu Mobile City Total Properties January 2012 - July 2012 Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Total Properties 68 54 54 22 51 54 39 Note: Total properties include all recorded deeds entitled: Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Mobile City Total Properties (January 2012 - July 2012) 80 70 Number of Properties 60 50 40 30 20 10 0 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Month Note: Total properties include all recorded deeds entitled: Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Source: USA Center for Real Estate Studies, Donald Epley, Director, depley@usouthal.edu Mobile County Only Total Properties January 2012 - July 2012 Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Total Properties 61 37 52 44 61 72 59 Note: Total properties include all recorded deeds entitled: Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Property Report for Mobile County - January 2012 This data includes all recorded deeds entitled Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Zip Code 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 City Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 1 0 0 1 0 1 0 0 2 1 0 0 3 1 10 13 0 0 0 1 1 3 18 8 3 10 6 4 2 0 4 0 0 4 4 3 0 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 Total Average $ 1 0 0 1 0 1 0 1 2 1 0 0 3 1 10 13 0 0 0 1 1 4 20 9 3 10 8 4 3 0 4 0 0 4 4 3 0 77,400 Median $ (*) Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) Average Age of Property (b) 1,741 44 7 70,600 1,808 39 23 500 270,850 86,000 1,431 2,584 3,136 104 27 12 13 32 123,200 56,300 154,410 120,200 1,526 1,656 1,950 1,530 78 33 80 78 17 10 16 12 103,200 234,000 3,500 46,275 60,795 51,078 36,000 102,750 112,950 43,175 107,133 116,000 88,500 45,500 44,650 52,500 101,900 96,750 43,750 2,526 1,152 1,122 1,228 1,293 1,221 1,539 1,757 1,728 1,585 1,490 1,488 1,176 1,088 1,222 1,403 1,791 1,624 92 3 48 44 43 33 63 60 25 69 85 59 48 35 42 53 47 21 29 47 28 13 25 28 18 21 21 22 130,850 122,250 1,430 1,258 85 94 16 66,275 148,400 97,533 58,700 116,100 1,621 1,662 3,104 1,635 1,469 44 83 34 40 78 18 21 16 Zip Code 36622 36625 36628 36630 36633 36640 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 Count City Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 13 121 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 13 129 Average $ Median $ (*) 130,000 151,031 125,050 96,000 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) 1,962 1,498 1,832 1,562 66 108 62 65 * A sample of at least 4 was required to calculate a median a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code. b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code. Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures) Source: REARS For further information please contact: Professor Don Epley, Director, Center for Real Estate Studies Email: depley@usouthal.edu Prepared by: Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Mitchell College of Business Email: mop702@jagmail.southalabama.edu Average Age of Property (b) 20 11 Property Report for Mobile County - February 2012 This data includes all recorded deeds entitled Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Zip Code 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 City Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 1 0 1 1 0 2 0 1 2 0 0 3 0 6 1 1 0 0 0 0 3 7 13 2 5 3 3 0 0 0 0 0 2 8 4 0 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 3 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total 0 1 0 1 1 0 2 0 1 2 0 0 3 0 7 4 2 0 0 0 1 3 10 15 2 5 4 3 0 0 0 0 0 3 8 4 0 Average $ Median $ (*) Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) Average Age of Property (b) 108,400 3,837 28 28 17,500 31,200 1,222 1,482 14 21 14 22 112,650 2,072 65 19 128,400 82,150 2,409 1,150 53 70 20 7 154,200 1,782 87 13 74,471 172,275 150,350 87,300 180,433 54,920 60,120 129,550 80,960 76,925 55,733 20,633 83,700 155,800 89,800 149,500 46,450 58,400 77,400 72,450 66,600 90,100 1,436 1,628 2,035 1,155 2,590 1,211 1,151 1,750 1,356 1,530 1,465 1,235 1,686 1,820 1,438 1,796 1,106 1,025 1,161 1,612 1,591 1,760 63 98 76 75 62 60 57 56 68 51 34 26 48 79 62 98 50 51 61 58 47 66 13 12 8 37 27 23 25 27 24 21 24 19 23 19 Zip Code 36622 36625 36628 36630 36633 36640 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 Count City Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 6 78 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 6 91 Average $ 154,867 138,317 Median $ (*) 132,100 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) 1,933 1,904 1,929 82 75 76 * A sample of at least 4 was required to calculate a median a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code. b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code. Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures) Source: REARS For further information please contact: Professor Don Epley, Director, Center for Real Estate Studies Email: depley@usouthal.edu Prepared by: Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Mitchell College of Business Email: mop702@jagmail.southalabama.edu Average Age of Property (b) 26 23 Property Report for Mobile County - March 2012 This data includes all recorded deeds entitled Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Zip Code 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 City Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 2 0 0 2 0 0 1 0 3 1 0 0 7 1 3 3 2 0 0 0 0 5 4 7 1 7 5 2 4 0 3 0 0 1 9 2 0 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 Median $ (*) Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) Average Age of Property (b) Total Average $ 2 0 0 3 0 0 1 0 3 2 0 0 9 1 3 4 2 0 0 0 0 5 5 7 1 8 9 2 4 0 3 0 0 1 9 2 0 62,500 1,257 50 15 186,067 2,212 81 7 241,000 2,514 95 3 30,333 45,700 1,225 1,979 24 43 24 16 113,611 92,100 106,133 111,200 166,050 46,380 46,980 49,771 109,100 169,200 89,589 27,500 47,750 80,300 108,050 25,000 29,100 51,000 123,850 72,800 49,100 49,633 51,400 111,133 99,350 1,859 1,490 1,821 1,641 2,138 1,751 1,335 1,453 1,297 1,661 2,185 1,582 1,137 1,146 1,289 1,484 1,400 1,634 1,696 1,250 1,197 1,651 84,200 1,575 1,699 1,155 54 61 63 96 74 48 33 38 37 65 85 68 21 42 22 36 37 86 81 64 48 24 1,472 32 64 84 22 22 20 19 6 25 26 25 26 19 21 29 20 16 59 20 16 20 Zip Code 36622 36625 36628 36630 36633 36640 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 Count City Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 9 92 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 8 Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 11 106 Average $ Median $ (*) 99,144 156,836 106,000 121,500 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) 1,712 2,090 1,624 1,901 61 75 60 70 * A sample of at least 4 was required to calculate a median a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code. b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code. Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures) Source: REARS For further information please contact: Professor Don Epley, Director, Center for Real Estate Studies Email: depley@usouthal.edu Prepared by: Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Mitchell College of Business Email: mop702@jagmail.southalabama.edu Average Age of Property (b) 19 12 Property Report for Mobile County - April 2012 This data includes all recorded deeds entitled Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Zip Code 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 City Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 0 0 0 0 0 4 3 0 0 4 0 5 6 3 0 0 1 0 0 5 2 1 2 3 3 4 0 1 0 0 0 3 1 0 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 1 0 0 0 Total 0 0 0 0 1 0 0 0 5 3 0 0 4 0 6 8 3 0 0 1 0 0 6 2 1 4 4 3 4 0 1 0 0 1 3 1 0 Average $ Median $ (*) 96,300 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) 1,595 60 Average Age of Property (b) 10 79,900 98,400 65,700 2,181 1,307 1,458 66 74 58 19 11 126,900 134,150 2,179 2,313 59 66 21 102,883 102,088 156,233 119,850 95,250 1,623 2,060 1,745 1,555 1,700 85 53 86 87 56 16 19 9 38,700 75,400 63,950 68,400 73,900 127,900 22,133 61,375 1,598 75,500 70,700 147,800 58,450 1,221 1,806 702 1,468 1,800 912 1,370 24 1,223 1,324 1,573 1,281 61 33 97 60 73 24 45 28 70 58 62 44 18 26 23 23 19 34 21 92,000 1,849 49 25 30,300 156,500 81,200 1,051 1,969 1,036 75 78 26 10 14 Zip Code 36622 36625 36628 36630 36633 36640 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 Count City Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 56 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7 Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 66 Average $ Median $ (*) 109,680 104,400 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) 1,807 1,892 61 62 * A sample of at least 4 was required to calculate a median a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code. b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code. Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures) Source: REARS For further information please contact: Professor Don Epley, Director, Center for Real Estate Studies Email: depley@usouthal.edu Prepared by: Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Mitchell College of Business Email: mop702@jagmail.southalabama.edu Average Age of Property (b) 15 Property Report for Mobile County - May 2012 This data includes all recorded deeds entitled Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Zip Code 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 City Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 1 0 0 0 0 0 0 1 0 6 0 0 2 1 2 8 2 0 0 0 1 2 9 4 1 10 2 1 1 0 6 0 0 1 10 6 0 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 Median $ (*) Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) Average Age of Property (b) Total Average $ 1 0 0 0 0 0 0 1 0 8 0 0 2 1 3 8 2 0 0 0 1 3 11 6 1 12 2 1 1 0 6 0 0 1 10 7 0 113,100 1,400 80 9 121,600 74,600 78,350 1,215 1,330 1,525 100 57 50 2 17 15 85,700 114,800 101,167 110,300 60,900 111,600 58,233 63,127 64,883 66,300 109,900 113,100 43,300 128,500 94,750 93,000 52,000 58,450 118,300 1,406 1,411 1,469 1,397 1,848 2,256 1,540 1,383 1,426 1,062 1,700 2,036 1,428 1,764 1,426 1,369 1,288 1,301 1,644 55 81 68 80 35 49 39 47 40 62 61 51 30 72 48 71 47 42 60 18 10 17 17 23 20 34 19 25 25 15 25 22 25 99,767 89,200 1,427 1,376 67 66 20 26,500 79,120 76,357 76,600 71,100 1,018 1,333 1,575 1,372 1,463 26 56 51 56 40 22 21 22 Zip Code 36622 36625 36628 36630 36633 36640 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 Count City Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 16 97 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 17 109 Average $ Median $ (*) 122,900 197,329 122,950 170,900 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) 1,474 2,249 1,472 1,956 84 87 81 86 * A sample of at least 4 was required to calculate a median a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code. b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code. Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures) Source: REARS For further information please contact: Professor Don Epley, Director, Center for Real Estate Studies Email: depley@usouthal.edu Prepared by: Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Mitchell College of Business Email: mop702@jagmail.southalabama.edu Average Age of Property (b) 16 13 Property Report for Mobile County - June 2012 This data includes all recorded deeds entitled Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Zip Code 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 City Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 1 1 1 2 1 3 3 0 0 4 4 8 11 5 0 0 0 0 1 7 10 0 9 8 0 1 0 2 0 0 2 8 3 0 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 Total 0 0 0 2 1 1 2 1 3 3 0 0 4 4 8 11 5 0 0 0 0 1 7 10 0 10 9 0 1 0 3 0 0 2 9 3 0 Average $ Median $ (*) 95,850 94,700 114,800 52,300 268,200 246,067 162,333 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) Average Age of Property (b) 1,523 1,552 65 61 8 23 1,256 1,573 1,649 1,816 38 170 47 84 26 3 11 14 88,650 69,325 121,575 123,455 119,520 98,650 60,500 116,300 103,800 123,400 1,324 1,260 1,639 1,806 1,907 1,369 1,252 1,535 1,687 1,879 66 50 73 62 57 62 49 65 54 65 18 22 12 12 11 115,400 76,900 69,700 70,000 68,900 864 959 1,249 960 1,102 133 78 62 77 50 22 21 22 123,430 78,467 98,200 99,200 1,452 1,547 1,336 1,192 76 50 73 58 21 19 58,200 938 62 22 118,233 1,423 84 13 72,400 75,867 86,400 70,200 2,161 1,369 1,462 1,272 34 53 59 57 22 19 23 Zip Code 36622 36625 36628 36630 36633 36640 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 Count City Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 19 118 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 20 126 Average $ Median $ (*) 86,433 147,835 94,450 134,550 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) 2,299 1,874 2,432 1,846 33 79 36 78 * A sample of at least 4 was required to calculate a median a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code. b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code. Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures) Source: REARS For further information please contact: Professor Don Epley, Director, Center for Real Estate Studies Email: depley@usouthal.edu Prepared by: Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Mitchell College of Business Email: mop702@jagmail.southalabama.edu Average Age of Property (b) 19 14 Property Report for Mobile County - July 2012 This data includes all recorded deeds entitled Foreclosure Deed, Deed-in-Lieu of Foreclosure, and Auctioneers' Deed. Zip Code 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 City Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 1 0 0 1 3 0 1 1 2 2 0 0 2 0 7 5 2 0 0 0 2 2 9 8 0 3 6 5 3 0 3 0 0 2 4 3 0 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Median $ (*) Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) Average Age of Property (b) Total Average $ 1 0 0 1 3 1 1 1 2 2 0 0 2 0 7 5 2 0 0 0 2 3 10 8 0 3 6 5 3 0 3 0 0 2 4 4 0 231,000 2,283 101 3 76,700 79,833 500 237,900 245,700 180,400 60,700 1,298 1,373 1,005 1,733 3,400 1,835 1,511 59 46 0 137 72 96 38 21 31 31 19 17 14 26 127,250 1,931 65 17 138,514 114,120 71,350 45,000 81,667 66,890 64,500 74,067 151,333 37,300 72,200 128,400 132,700 59,750 59,900 153,100 15,000 77,667 28,350 82,600 127,800 1,712 1,341 1,112 1,780 1,461 1,197 1,185 1,375 1,713 1,268 1,148 1,396 1,380 1,227 1,176 1,724 1,141 1,369 76,900 124,650 1,390 1,692 1,455 79 84 64 29 55 55 57 55 91 34 63 91 98 57 58 88 13 54 1,505 1,384 20 49 88 13 8 21 17 31 19 26 25 18 30 22 17 46 86 35 24 19 Zip Code 36622 36625 36628 36630 36633 36640 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 Count City Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Foreclosure Units Deed 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 94 Deed-in-Lieu Auctioneers' of Deed Foreclosure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 98 Average $ 228,300 162,050 Median $ (*) 129,600 Average Median Average Median $ Sq. Ft. Sq. Ft. $ per Sq. per Sq. Ft. (a,*) (a) (a,*) Ft. (a) 2,137 1,975 1,934 106 78 75 * A sample of at least 4 was required to calculate a median a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code. b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code. Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures) Source: REARS For further information please contact: Professor Don Epley, Director, Center for Real Estate Studies Email: depley@usouthal.edu Prepared by: Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Mitchell College of Business Email: mop702@jagmail.southalabama.edu Average Age of Property (b) 12 14 Total Foreclosures 98 Mobile Zip codes 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36615 36616 36617 36618 36619 36621 36622 36625 36628 36630 36633 36640 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 36509 - 0 Bayou La Batre 36541 – 2 Grand Bay 36695 16 36608 3 36575 - 7 Semmes 36587 – 2 Wilmer 36522 - 3 Citronelle 36544 – 2 Irvington 36605 10 36615 36602 - 0 36603 - 2 36604 3 36528 - 1 Dauphin Island 36582 – 5 Theodore 36523 – 1 Coden 36619 4 36606 8 36607 - 0 36617 - 2 36525 - 1 Creola 36572 - 0 Satsuma 36610 - 5 36691 - 0 36611 - 3 36571 - 2 Saraland 36612 - 0 36693 - 1 36609 - 6 36688 36618 - 4 36613 - 3 Eight Mile 36521 – 1 Chunchula 36505 - 1 Axis 36560 - 0 Mt. Vernon Mobile County Foreclosures Foreclosures- July 2012