Baldwin County Association of REALTORS® 908 Plantation Blvd., Fairhope, Al 36532 Website: http://www.southalabamamls.com Telephone: 251-928-1708 Fax: 251-928-1046 E-mail: Marthataylor@baldwinrealtors.org Baldwin County Association of REALTORS® Newsletter Baldwin County Baldwin MSA Residential Housing Market Quarterly and Annual Housing Unit Building Permits Private Permits Only (Census) Q1 2007 - Q2 2012 Sum of the seven Baldwin County jurisdictions: Baldwin County Unincorporated Area, Daphne, Fairhope, Foley, Gulf Shores, Orange Beach and Robertsdale. This report is available 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. 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Baldwin County Building Permits - Private Permits Only Page 1 of 10 Baldwin County Building Permits - Private Permits Only Total Year / Qtr Total # 1 Family Cost 1 Family 2 Family # Cost Two Family 3-4 Family # Cost 3-4 Family 5+ Family # Cost 5+ 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 2008 2 2008 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 224 161 641 146 164 147 175 631 150 157 175 206 727 196 222 176 169 1117 187 327 254 443 752 102 135 222 293 224 161 639 145 164 146 175 629 150 157 175 204 722 123 220 176 168 1101 187 323 250 440 597 92 129 207 169 $42,596,577 $31,803,156 $116,310,387 $24,950,461 $32,102,802 $27,073,216 $32,698,579 $119,753,260 $30,150,355 $34,513,554 $37,908,116 $36,645,217 $153,289,359 $36,084,079 $34,915,671 $23,208,132 $21,750,214 $181,430,480 $33,883,495 $50,145,569 $67,818,298 $69,498,155 $145,912,576 $21,606,972 $31,711,039 $50,983,511 $41,611,054 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 1 9 0 3 0 0 14 2 0 4 8 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $222,492 $0 $0 $0 $136,700 $1,372,900 $0 $373,000 $0 $0 $1,589,550 $200,000 $0 $508,548 $881,002 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 3 1 0 2 0 18 0 0 3 15 $0 $0 $0 $0 $0 $0 $0 $235,000 $0 $0 $0 $235,000 $0 $0 $0 $0 $0 $453,200 $185,000 $0 $268,200 $0 $2,704,518 $0 $0 $571,518 $2,133,000 0 0 2 1 0 1 0 1 0 0 0 1 2 0 2 0 0 3 0 1 2 3 123 8 6 8 101 $0 $0 $730,000 $480,000 $0 $250,000 $0 $350,000 $0 $0 $0 $350,000 $1,521,757 $0 $15,217,757 $0 $0 $7,371,009 $0 $463,253 $1,019,712 $1,875,469 $9,450,991 $741,205 $423,786 $600,000 $7,686,000 Page 2 of 10 Baldwin County Building Permits - Private Permits Only County Unincorporated Year / Qtr Total # 1 Family Cost 1 Family 2 Family # Cost Two Family 3-4 Family # Cost 3-4 Family 5+ Family # Cost 5+ 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 2008 2 2008 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 84 51 263 46 67 68 72 247 60 77 67 86 294 73 91 74 85 477 93 161 67 164 0 0 0 0 0 84 51 263 46 67 68 72 247 60 77 67 86 291 0 91 74 84 471 93 161 67 164 0 0 0 0 0 $12,774,575 $7,661,710 $42,955,186 $7,542,734 $11,061,157 $10,666,067 $13,259,666 $40,501,202 $11,630,780 $16,591,151 $16,082,939 $11,860,407 $71,301,741 $9,649,452 $12,028,770 $11,765,902 $10,165,194 $62,390,984 $13,224,005 $23,295,885 $27,781,428 $26,071,915 $0 $0 $0 $0 $0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 1 5 0 0 0 0 0 0 0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $222,492 $0 $0 $0 $136,700 $914,900 $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 $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 Page 3 of 10 Baldwin County Building Permits - Private Permits Only Daphne Year / Qtr Total # 1 Family Cost 1 Family 2 Family # Cost Two Family 3-4 Family # Cost 3-4 Family 5+ Family # Cost 5+ 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 2008 2 2008 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 45 27 112 29 23 20 39 92 21 23 26 22 146 33 50 40 23 190 14 38 33 105 155 22 40 48 45 45 27 112 29 23 20 39 92 21 23 26 22 144 33 48 40 23 188 14 38 31 105 155 22 40 48 45 $7,052,080 $4,991,560 $17,672,400 $3,990,060 $3,244,530 $3,652,615 $6,620,550 $15,045,050 $4,278,410 $3,847,220 $3,725,220 $3,194,200 $21,601,930 $5,790,540 $7,011,870 $4,585,440 $4,214,080 $20,766,370 $5,364,630 $1,772,910 $5,126,850 $8,501,980 $26,992,645 $3,554,820 $7,594,710 $7,701,020 $8,142,095 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 0 0 0 0 0 0 0 0 0 0 0 2 0 0 2 0 0 0 0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $268,200 $0 $0 $268,200 $0 $0 $0 $0 $0 $0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 2 0 0 0 0 0 0 0 0 0 0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,521,757 $0 $15,217,757 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Page 4 of 10 Baldwin County Building Permits - Private Permits Only Fairhope Year / Qtr Total # 1 Family Cost 1 Family 2 Family # Cost Two Family 3-4 Family # Cost 3-4 Family 5+ Family # Cost 5+ 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 2008 2 2008 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 58 44 146 31 44 37 34 153 35 26 46 46 113 38 37 20 18 183 24 45 51 73 374 47 48 115 164 58 44 144 30 44 36 34 152 35 26 46 45 113 38 37 20 18 179 24 42 49 73 266 47 48 107 64 $14,429,385 $11,853,331 $34,238,388 $7,156,000 $10,769,135 $8,379,205 $7,934,048 $36,343,488 $7,269,465 $8,976,812 $11,350,311 $8,746,900 $30,490,961 $11,289,714 $7,942,191 $476,305 $694,751 $53,975,159 $7,680,475 $13,458,192 $14,351,228 $21,931,784 $79,986,405 $13,517,706 $14,703,746 $32,652,638 $19,112,315 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 3 0 0 4 0 0 0 4 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $373,000 $0 $373,000 $0 $0 $459,002 $0 $0 $0 $459,002 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 2 1 0 1 0 1 0 0 0 1 0 0 0 0 0 1 0 0 2 0 104 0 0 8 96 $0 $0 $730,000 $480,000 $0 $250,000 $0 $350,000 $0 $0 $0 $350,000 $0 $0 $0 $0 $0 $425,000 $0 $0 $1,019,712 $0 $7,575,000 $0 $0 $600,000 $6,975,000 Page 5 of 10 Baldwin County Building Permits - Private Permits Only Foley Year / Qtr Total # 1 Family Cost 1 Family 2 Family # Cost Two Family 3-4 Family # Cost 3-4 Family 5+ Family # Cost 5+ 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 2008 2 2008 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 18 13 53 11 13 12 17 74 16 19 21 18 77 17 21 20 24 108 27 44 54 60 0 0 0 0 0 18 13 53 11 13 12 17 74 16 19 21 18 77 17 21 20 24 107 27 44 54 57 0 0 0 0 0 $2,417,238 $1,963,137 $7,476,977 $1,661,116 $1,963,137 $1,812,126 $2,040,598 $8,904,847 $1,920,563 $2,280,668 $2,520,738 $2,182,878 $9,242,707 $2,061,607 $2,546,691 $2,425,420 $2,641,597 $12,976,000 $2,971,797 $4,842,928 $5,943,595 $7,236,033 $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 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 0 0 0 0 0 0 0 0 0 0 1 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 $0 $420,000 $0 $0 $0 $1,875,469 $0 $0 $0 $0 $0 Page 6 of 10 Baldwin County Building Permits - Private Permits Only Gulf Shores Year / Qtr Total # 1 Family Cost 1 Family 2 Family # Cost Two Family 3-4 Family # Cost 3-4 Family 5+ Family # Cost 5+ 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 2008 2 2008 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 14 15 49 28 13 4 4 26 6 5 10 16 48 16 17 8 9 81 13 22 31 27 182 20 36 44 82 14 15 49 28 13 4 4 26 6 5 10 16 48 16 17 8 9 81 13 22 31 27 143 18 30 37 58 $4,728,646 $3,167,130 $10,484,197 $4,460,551 $4,247,792 $1,042,741 $935,889 $7,677,355 $2,327,643 $1,506,434 $2,676,155 $4,176,277 $12,077,209 $3,877,379 $4,334,657 $1,842,339 $1,958,089 $21,237,323 $2,727,134 $4,420,853 $12,406,955 $4,315,786 $31,381,403 $3,181,786 $6,423,919 $7,902,699 $13,872,999 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 2 0 4 4 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,130,548 $200,000 $0 $508,548 $422,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18 0 0 3 15 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,704,518 $0 $0 $571,518 $2,133,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11 0 6 0 5 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,134,786 $0 $423,786 $0 $711,000 Page 7 of 10 Baldwin County Building Permits - Private Permits Only Orange Beach Year / Qtr Total # 1 Family Cost 1 Family 2 Family # Cost Two Family 3-4 Family # Cost 3-4 Family 5+ Family # Cost 5+ 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 2008 2 2008 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 4 3 5 1 1 2 3 13 1 4 3 8 14 3 4 3 4 21 5 6 6 2 41 13 11 15 2 4 3 5 1 1 2 3 13 1 4 3 8 14 3 4 3 4 20 5 5 6 2 33 5 11 15 2 $1,021,663 $1,243,788 $1,360,889 $140,000 $496,051 $930,162 $786,778 $6,448,667 $182,993 $984,119 $790,753 $5,281,555 $3,690,181 $892,937 $841,492 $606,276 $1,455,584 $3,665,767 $848,635 $1,230,699 $1,112,105 $342,252 $7,552,123 $1,352,660 $2,988,664 $2,727,154 $483,645 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 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 0 0 0 0 0 1 0 1 0 0 8 8 0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $6,526,009 $0 $463,253 $0 $0 $741,205 $741,205 $0 $0 $0 Page 8 of 10 Baldwin County Building Permits - Private Permits Only Robertsdale Year / Qtr Total # 1 Family Cost 1 Family 2 Family # Cost Two Family 3-4 Family # Cost 3-4 Family 5+ Family # Cost 5+ 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 2008 2 2008 1 Annual 2007 2007 4 2007 3 2007 2 2007 1 1 8 13 0 3 4 6 26 11 3 2 10 35 16 2 11 6 57 11 11 12 12 0 0 0 0 0 1 8 13 0 3 4 6 25 11 3 2 9 35 16 2 11 6 55 11 11 12 12 0 0 0 0 0 $172,990 $922,500 $2,122,350 $0 $321,000 $680,300 $1,121,050 $4,832,651 $2,540,501 $327,150 $762,000 $1,203,000 $4,884,630 $2,522,450 $210,000 $1,506,450 $620,919 $6,418,877 $1,066,819 $1,124,102 $1,096,137 $1,098,405 $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 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $85,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 0 0 0 0 0 1 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 $235,000 $0 $0 $0 $235,000 $0 $0 $0 $0 $0 $185,000 $185,000 $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 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 Page 9 of 10 Baldwin County Building Permits - Private Permits Only Disclaimer: Annual totals may not total quarterly totals. Notes: All data supplied by the U.S. Bureau of the Census;. For additional information, contact: Dr. Don Epley, Director, Center for Real Estate Studies Mitchell College of Business, University of South Alabama E-mail: depley@usouthal.edu Analysis by: Michelle Pinochet, Senior Research Analyst Center for Real Estate Studies Page 10 of 10