Mobile Area Association of Realtors 2827 Airport, Mobile, AL 36606 Telephone: 251.479.8654 Website: www.mobilerealtor.com Mobile Residential Report Quarterly and Annual Housing Unit Building Permits Private Permits Only (Census) Q1 2007 - Q2 2012 Mobile MSA Residential Housing Market This report is available at on the Center for Real Estate Studies Website: http://cres.southalabama.edu/ Center for Real Estate Studies Mitchell College of Business University of South Alabama 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. Residential Report Page - 1 of 9 Private Permits Private Permits Only Total Mobile Year / Quarter Total # 1 Family 2012 2 2012 1 Annual 2011 2011 4 2011 3 2011 2 2011 1 Annual 2010 2010 4 2010 3 2010 2 2010 1 Annual 2009 2009 4 2009 3 2009 2 2009 1 Annual 2008 2008 4 2008 3 153 143 709 175 205 164 144 900 184 199 189 292 1123 282 360 312 151 1394 233 289 153 133 682 165 191 164 142 881 166 199 189 291 1043 263 352 290 149 1337 221 286 Cost One Family $29,783,876 $24,631,749 $102,329,563 $30,449,147 $35,308,641 $31,896,217 $26,407,970 $109,700,159 $30,432,984 $35,478,136 $32,568,631 $52,399,463 $110,454,882 $47,322,692 $62,603,030 $59,523,566 $25,563,338 $109,293,328 $38,715,204 $51,721,101 2008 2 2008 1 414 426 414 396 2,064 322 449 794 499 1,624 270 389 548 417 Annual 2007 2007 4 2007 3 2007 2 2007 1 Residential Report 0 1 0 0 0 0 0 0 0 0 0 0 4 1 0 3 1 5 0 1 Cost Two Family $0 $149,198 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $396,600 $194,600 $0 $137,000 $194,600 $831,504 $0 $45,000 $74,977,905 $69,379,357 0 4 $0 $786,504 0 0 $0 $0 0 26 $0 $24,224,782 $278,628,184 $46,922,948 $65,112,063 $94,829,283 $71,635,862 2 0 0 0 2 $170,907 $0 $0 $0 $170,907 0 0 0 0 0 $0 $0 $0 $0 $0 438 52 60 246 80 $40,553,199 $5,159,240 $5,785,500 $23,901,678 $5,706,781 2 Family Page - 2 of 9 3-4 Family Cost 3-4 Family 5+ Family 0 3 10 0 10 0 0 8 7 0 0 1 3 2 0 0 0 0 0 0 $0 $597,993 $1,833,270 $0 $1,833,270 $0 $0 $928,430 $703,430 $0 $0 $225,000 $945,000 $720,000 $0 $0 $0 $0 $0 $0 0 6 17 10 4 0 2 11 11 0 0 0 73 16 8 19 1 52 12 2 Cost Five Family $0 $14,745,000 $36,367,201 $10,219,201 $10,500,000 $0 $12,338,000 $12,242,000 $12,242,000 $0 $0 $0 $70,804,700 $22,409,000 $8,100,000 $26,716,000 $312,500 $25,311,988 $18,931,019 $4,106,603 Private Permits Private Permits Only Total Mobile Citronelle Year / Quarter Total # 1 Family 2012 2 2012 1 Annual 2011 2011 4 2011 3 2011 2 2011 1 Annual 2010 2010 4 2010 3 2010 2 2010 1 Annual 2009 2009 4 2009 3 2009 2 2009 1 Annual 2008 2008 4 2008 3 3 1 6 1 2 1 3 12 2 2 3 2 11 1 2 4 2 12 2 4 3 1 6 1 2 1 3 12 2 2 3 2 10 1 2 3 2 11 2 3 Cost One Family $359,895 $73,484 $704,507 $73,484 $378,000 $81,920 $244,587 $881,804 $112,334 $116,280 $94,415 $100,810 $561,671 $50,405 $101,985 $164,950 $119,422 $554,450 $117,071 $111,395 2008 2 2008 1 4 3 4 3 Annual 2007 2007 4 2007 3 2007 2 2007 1 22 4 12 1 5 22 4 12 1 5 Residential Report 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 Cost Two Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $72,000 $0 $0 $72,000 $0 $45,000 $0 $45,000 $226,158 $188,277 0 0 $0 $0 0 0 $0 $0 0 0 $0 $0 $1,223,120 $476,250 $478,395 $39,475 $229,000 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 2 Family Page - 3 of 9 3-4 Family Cost 3-4 Family 5+ Family 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 0 0 0 0 0 0 0 0 Cost Five Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Private Permits Private Permits Only Total Mobile Dauphin Island Town Year / Quarter Total # 1 Family 2012 2 2012 1 Annual 2011 2011 4 2011 3 2011 2 2011 1 Annual 2010 2010 4 2010 3 2010 2 2010 1 Annual 2009 2009 4 2009 3 2009 2 2009 1 Annual 2008 2008 4 2008 3 2 3 11 1 2 2 2 10 2 3 3 2 8 1 1 3 3 30 2 14 2 3 11 1 2 2 2 10 2 3 3 2 8 1 1 3 3 30 2 14 Cost One Family $204,260 $485,652 $2,210,020 $110,000 $505,000 $440,500 $1,154,520 $1,773,800 $372,000 $605,600 $518,650 $277,550 $1,359,093 $175,000 $187,630 $435,240 $561,223 $4,928,518 $307,000 $2,330,958 2008 2 2008 1 8 8 8 8 Annual 2007 2007 4 2007 3 2007 2 2007 1 15 2 6 7 0 15 2 6 7 0 Residential Report 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cost Two Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,369,080 $1,195,648 0 0 $0 $0 0 0 $0 $0 0 0 $0 $0 $2,637,186 $191,200 $1,285,780 $1,160,206 $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 2 Family Page - 4 of 9 3-4 Family Cost 3-4 Family 5+ Family 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 0 0 0 0 0 0 0 0 Cost Five Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Private Permits Private Permits Only Total Mobile Mobile (City) Year / Quarter Total # 1 Family 2012 2 2012 1 Annual 2011 2011 4 2011 3 2011 2 2011 1 Annual 2010 2010 4 2010 3 2010 2 2010 1 Annual 2009 2009 4 2009 3 2009 2 2009 1 Annual 2008 2008 4 2008 3 26 18 136 26 46 34 27 167 42 27 28 65 252 60 53 57 50 288 64 44 26 8 120 16 42 34 25 155 31 27 28 64 187 41 53 41 49 248 64 44 Cost One Family $4,668,451 $1,904,233 $24,263,119 $4,035,786 $6,814,227 $7,094,040 $4,917,429 $28,320,413 $5,616,784 $5,125,364 $4,894,117 $11,733,362 $36,434,837 $7,529,542 $9,424,775 $7,983,670 $8,661,087 $5,443,116 $10,936,649 $9,777,993 2008 2 2008 1 75 108 75 79 Annual 2007 2007 4 2007 3 2007 2 2007 1 652 65 126 300 161 266 65 66 54 81 Residential Report 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 4 0 0 Cost Two Family $0 $149,198 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $194,600 $194,600 $0 $0 $194,600 $786,504 $0 $0 $14,887,856 $16,439,053 0 4 $0 $786,504 0 0 $0 $0 0 25 $0 $24,068,532 $57,533,576 $14,125,114 $12,242,760 $11,817,993 $19,347,709 0 0 0 0 0 $0 $0 $0 $0 $0 0 0 0 0 0 $0 $0 $0 $0 $0 386 0 60 246 80 $35,393,959 $0 $5,785,500 $23,901,678 $5,706,781 2 Family Page - 5 of 9 3-4 Family Cost 3-4 Family 5+ Family 0 3 0 0 0 0 0 1 0 0 0 1 3 2 0 0 0 0 0 0 $0 $597,993 $0 $0 $0 $0 $0 $225,000 $0 $0 $0 $225,000 $945,000 $720,000 $0 $0 $0 $0 $0 $0 0 6 16 10 4 0 2 11 11 0 0 0 61 16 0 16 0 36 0 0 Cost Five Family $0 $14,745,000 $33,057,201 $10,219,201 $10,500,000 $0 $12,338,000 $12,242,000 $12,242,000 $0 $0 $0 $54,392,200 $22,409,000 $0 $18,616,000 $0 $3,624,932 $0 Private Permits Private Permits Only Total Mobile County Unincorporated Year / Quarter Total # 1 Family 2012 2 2012 1 Annual 2011 2011 4 2011 3 2011 2 2011 1 Annual 2010 2010 4 2010 3 2010 2 2010 1 Annual 2009 2009 4 2009 3 2009 2 2009 1 Annual 2008 2008 4 2008 3 103 116 466 115 129 115 97 638 125 142 147 211 805 204 290 230 86 1002 157 211 103 116 455 115 119 115 97 638 118 142 147 211 794 204 282 227 86 989 145 210 Cost One Family $20,374,336 $21,391,362 $57,741,978 $21,206,954 $21,944,587 $21,056,165 $16,833,400 $66,360,570 $20,477,744 $24,642,709 $25,510,411 $38,006,184 $65,445,716 $36,745,316 $50,794,994 $47,921,530 $14,644,512 $86,744,140 $25,638,044 $36,699,500 2008 2 2008 1 311 286 311 286 Annual 2007 2007 4 2007 3 2007 2 2007 1 1332 218 305 480 329 1278 166 305 480 327 Residential Report 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cost Two Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $54,872,811 $47,921,530 0 0 $0 $0 0 0 $0 $0 0 0 $0 $0 $211,415,203 $27,814,595 $51,105,128 $80,938,418 $51,557,062 2 0 0 0 2 $170,907 $0 $0 $0 $170,907 0 0 0 0 0 $0 $0 $0 $0 $0 52 52 0 0 0 $5,159,240 $5,159,240 $0 $0 $0 2 Family Page - 6 of 9 3-4 Family Cost 3-4 Family 5+ Family 0 0 10 0 10 0 0 0 7 0 0 0 0 0 0 0 0 0 0 0 $0 $0 $1,833,270 $0 $1,833,270 $0 $0 $0 $703,430 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 1 0 0 0 0 0 0 0 0 0 11 0 8 3 0 13 12 1 Cost Five Family $0 $0 $3,310,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $16,100,000 $0 $8,000,000 $8,100,000 $0 $20,905,806 $18,931,019 $3,794,103 Private Permits Private Permits Only Total Mobile Prichard Year / Quarter Total # 1 Family 2012 2 2012 1 Annual 2011 2011 4 2011 3 2011 2 2011 1 Annual 2010 2010 4 2010 3 2010 2 2010 1 Annual 2009 2009 4 2009 3 2009 2 2009 1 Annual 2008 2008 4 2008 3 3 2 31 15 7 1 2 18 0 14 2 2 22 6 3 8 5 9 1 5 3 2 31 15 7 1 2 18 0 14 2 2 20 6 3 6 5 9 1 5 Cost One Family $395,783 $279,883 $3,908,405 $1,911,923 $991,482 $132,600 $165,000 $2,512,667 $0 $2,050,010 $365,792 $209,500 $2,060,045 $750,372 $209,000 $946,119 $697,094 $1,262,813 $176,440 $582,255 2008 2 2008 1 2 1 2 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 28 18 0 6 4 28 18 0 6 4 Residential Report 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 2 0 0 0 0 Cost Two Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $130,000 $0 $0 $65,000 $0 $0 $0 $0 $488,000 $167,558 0 0 $0 $0 0 0 $0 $0 0 0 $0 $0 $3,524,099 $2,020,789 $0 $873,191 $630,119 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 2 Family Page - 7 of 9 3-4 Family Cost 3-4 Family 5+ Family 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 0 0 0 0 0 0 0 0 Cost Five Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Private Permits Private Permits Only Total Mobile Saraland Year / Quarter Total # 1 Family 2012 2 2012 1 Annual 2011 2011 4 2011 3 2011 2 2011 1 Annual 2010 2010 4 2010 3 2010 2 2010 1 Annual 2009 2009 4 2009 3 2009 2 2009 1 Annual 2008 2008 4 2008 3 16 3 59 17 19 11 13 36 13 11 6 10 25 10 11 10 5 53 7 11 16 3 59 17 19 11 13 36 13 11 6 10 24 10 11 10 4 50 7 10 Cost One Family $3,781,151 $497,135 $13,501,534 $3,111,000 $4,675,345 $3,090,992 $3,093,034 $9,850,905 $3,854,122 $2,938,173 $1,185,246 $2,072,057 $4,593,520 $2,072,057 $1,884,646 $2,072,057 $880,000 $10,360,291 $1,540,000 $2,219,000 2008 2 2008 1 14 20 14 19 Annual 2007 2007 4 2007 3 2007 2 2007 1 15 15 0 0 0 15 15 0 0 0 Residential Report 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cost Two Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $3,134,000 $3,467,291 0 0 $0 $0 0 0 $0 $0 0 1 $0 $156,250 $2,295,000 $2,295,000 $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 2 Family Page - 8 of 9 3-4 Family Cost 3-4 Family 5+ Family 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 0 0 0 1 3 0 1 Cost Five Family $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $312,500 $0 $0 $0 $312,500 $781,250 $0 $312,500 Private Permits Private Permits Only Total Mobile Disclaimer: Annual totals may not total quarterly totals. Notes: All data supplied by the U.S. Bureau of the Census;. Analysis done by the Mitchell College of Business Center for Real Estate Studies; For additional information, contact: Don Epley, Director of the Center for Real Estate Studies E-mail: depley@usouthal.edu This data for this report was completed by: Residential Report Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Mitchell College of Business Page - 9 of 9 Private Permits