M W O

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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

19

10

6

2

96

80

50

31

30

4

2

6

3

3

3,624

473

365

265

143

124

89

85

73

Mobile MSA (City +County) Residential Sold Properties

Range of Prices

2005 2006 2006 2006 2006 2006 2007 2007 2007 2007 2007

Annual Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual Qtr 1 Qtr 2 Qtr 3 Qtr. 4 Annual number number number number number number number number number number number na na na na na na na na na na 56 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na

201

259

346

528

524

773

5

0

4

3

26

13

14

7

3

0

1

0

1

0

765

127

91

51

29

34

29

20

21

1

3

3

4

34

21

10

7

5

0

0

1

0

1

714

149

124

74

61

57

31

26

22

3

1

7

3

29

22

19

6

3

5

2

4

0

0

740

190

140

86

68

54

33

42

35

4

1

3

1

21

14

7

7

3

0

0

1

3

0

655

115

93

54

45

44

27

25

16

116

81

65

40

18

18

10

11

2

2

2

3

3

0

3,032

631

457

298

198

163

115

108

106

2

0

4

1

24

20

15

11

2

0

1

0

1

0

609

138

97

75

59

32

30

31

21

3

2

4

3

30

19

15

9

7

2

0

1

0

0

717

168

134

78

56

52

22

28

36

1

0

6

4

35

29

19

13

6

0

0

1

0

0

885

189

130

88

52

45

28

25

26

2

1

1

5

37

17

9

9

5

2

1

0

1

0

571

134

88

63

47

38

31

24

13

123

74

45

29

16

14

13

10

6

7

3

6

4

1

2,687

589

445

277

223

194

122

117

86

$1m-1199999

$1.2m-1399999

$1.4m-1599999

$1.6m-1799999

$1.8m-1999999

$2.0m and over

0

0

0

7

1

3

0

0

1

2

1

0

0

0

1

0

0

0

0

0

1

0

1

1

0

0

0

1

0

0

0

0

3

3

2

1

0

0

0

2

1

2

0

0

0

1

0

0

0

0

0

0

2

0

1

0

0

0

0

0

1

0

0

3

3

2 highest price lowest price avg sales price avg days on mrkt

$1.5m

$2.5m

$2.4m

$2.4m

$1.1m

$2.5m

$1.5m

$1.18m

$1.3m

Note: For further information, contact Don Epley, Director, depley@usouthal.edu, 251.460.6735, or Mobile Area Multi List, 251.479.8654.

$1.6m

$1.6m

$1,500 $6,500 $5,000 $5,000 $11,900 $5,000 $6,900 $4,000 $6,000 $0 $0

$142,748 $149,525 $154,413 $160,946 $158,245 $155,703 $155,065 $163,981 $156,090 $158,806 $158,761

81 68 54 58 64 61 70 67 68 75 70

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