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M O B I L E M A R K E T W A T C H

Mitchell College of Business Center for Real Estate Studies

Mobile Residential Real Estate Markets

Price Range of Sold Properties Winter, 2007 “Data you can use.” “Education you can use.” This report covers summary data from the Mobile Area Multi-List. The numbers cover all sold properties represented by real estate agents for the time periods shown. The Mobile Area Multi-List and Mitchell College of Business Center for Real Estate Studies This report is available at http://cres.southalabama.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.

Market Watch

Price Range $0-19999 $20000-39999 $40000-59999 $60000-79999 $80000-99999 $100000-119000 $120000-139000 under $140,000 $140000-159999 $160000-179999 $180000-199999 $200000-219999 $220000-239999 $240000-259999 $260000-279999 $280000-299999 $300000-349999 $350000-399999 $400000-449999 $450000-499999 $500000-549999 $550000-599999 $600000-649999 $650000-699999 $700000-749999 $750000-799999 $800000-849999 $850000-899999 $900000-949999 $950000-999999 3,624 473 365 265 143 124 89 85 73 6 3 4 2 3 96 80 50 31 30 19 10 6 2 2005

Annual number

na na na na na na na

Mobile MSA (City +County) Residential Sold Properties

2006

Qtr 1 number

na na na na na na na

Range of Prices

2006

Qtr 2 number

na na na na na na na 2006

Qtr 3 number

na na na na na na na 2006

Qtr 4 number

na na na na na na na 2006

Annual number

na na na na na na na 2007

Qtr 1 number

na na na na na na na 2007

Qtr 2 number

na na na na na na na 2007

Qtr 3 number

na na na na na na na 2007

Qtr. 4 number

na na na na na na na 765 127 91 51 29 34 29 20 21 0 1 0 1 0 26 13 14 7 3 4 3 5 0 885 189 130 88 52 45 28 25 26 1 0 0 0 0 35 29 19 13 6 6 4 1 0 717 168 134 78 56 52 22 28 36 1 0 2 0 0 30 19 15 9 7 4 3 3 2 609 138 97 75 59 32 30 31 21 0 1 0 1 0 24 20 15 11 2 4 1 2 0 3,032 631 457 298 198 163 115 108 106 3 3 2 2 0 116 81 65 40 18 18 10 11 2 655 115 93 54 45 44 27 25 16 1 3 0 0 0 21 14 7 7 3 3 1 4 1 740 190 140 86 68 54 33 42 35 4 0 5 2 0 29 22 19 6 3 7 3 3 1 714 149 124 74 61 57 31 26 22 1 0 0 0 1 34 21 10 7 5 3 4 1 3 571 134 88 63 47 38 31 24 13 0 1 2 1 0 37 17 9 9 5 1 5 2 1 2007

Annual number

56 201 259 346 528 524 773 2,687 589 445 277 223 194 122 117 86 6 4 7 3 1 123 74 45 29 16 14 13 10 6

$1m-1199999 $1.2m-1399999 $1.4m-1599999 $1.6m-1799999 $1.8m-1999999 $2.0m and over 7 1 3 0 0 0 2 1 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 0 0 0 3 2 1 0 0 3 2 1 2 0 0 0 1 0 0 0 0 0 0 2 0 0 0 0 0 0 0 1 0 0 3 3 2 1 0 0 highest price lowest price avg sales price avg days on mrkt $1.5m

$1,500 81 $2.5m

$6,500 68 $2.4m

$5,000 $142,748 $149,525 $154,413 $160,946 54 $2.4m

$5,000 58 $1.1m

64 $2.5m

61 $1.5m

$11,900 $5,000 $6,900 $4,000 $158,245 $155,703 $155,065 $163,981 70 $1.18m

67 $1.3m

$6,000 $0 $0 $156,090 $158,806 $158,761 68 Note: For further information, contact Don Epley, Director, [email protected], 251.460.6735, or Mobile Area Multi List, 251.479.8654.

$1.6m

75 $1.6m

70

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