MOBILE MARKET WATCH
Mitchell College of Business
Center for Real Estate Studies
Mobile Residential Real Estate Markets
Quarterly and Annual Building Permits
By Reporting Jurisdictions
Private Residential Units
Fall, 2007
“Data you can use.”
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Market
Watch
Mobile MSA (City+County) Residential Housing Market 2003-current
Quarterly and Annual Housing Unit Building Permits
Private Permits Only
Sum of the six Mobile County jurisdictions (Citronelle, Dauphin Island Town, Mobile, Mobile County Unincorporated Area, Prichard, Saraland)
quarter year
Cost
2 Family
Cost
3-4 Family
Cost
5+ Family
Total
One Family
number
number
$
number
$
number
$
number
2007 3
449
389
65,112,063
0
0
0
0
60
2007 2
794
548
94,829,283
0
0
0
0
246
2007 1
499
417
71,763,890
2
170,907
0
0
80
Annual 2006
2,519
2,102
274,635,862
2
170,907
48
4,364,196
367
2006 4
775
479
77,727,633
0
0
0
0
296
2006 3
566
561
31,453,788
0
0
0
0
5
2006 2
558
508
81,748,971
2
170,907
48
4,364,196
0
2006 1
620
554
83,705,470
0
0
0
0
66
Annual 2005
2,120
1,798
200,400,501
0
0
0
0
322
Annual 2004
2,316
1,695
179,777,687
2
299,280
32
1,693,200
587
Annual 2003
1,625
1,606
155,028,005
2
88,118
4
408,000
13
Annual 2002
1,648
1,574
147,543,806
0
0
14
581,130
60
Citronelle
quarter year
2007 3
2007 2
2007 1
Annual 2006
2006 4
2006 3
2006 2
2006 1
Annual 2005
Annual 2004
Annual 2003
Annual 2002
Total
number
12
1
5
13
3
5
2
3
17
12
19
0
One Family
number
12
1
5
13
3
5
2
3
17
12
19
0
Cost
$
478,395
39,475
229,000
748,205
165,470
263,450
110,325
208,960
901,580
704,570
1,064,790
0
2 Family
number
0
0
0
0
0
0
0
0
0
0
0
0
Cost
$
0
0
0
0
0
0
0
0
0
0
0
0
3-4 Family
number
0
0
0
0
0
0
0
0
0
0
0
0
Cost
$
0
0
0
0
0
0
0
0
0
0
0
0
5+ Family
number
0
0
0
0
0
0
0
0
0
0
0
0
Cost
$
5,785,500
23,901,678
5,706,781
23,137,619
17,052,664
494,455
0
5,590,500
42,537,976
32,408,534
440,036
1,860,580
Cost
$
0
0
0
0
0
0
0
0
0
0
0
0
Dauphin Island Town
quarter year
2007 3
2007 2
2007 1
Annual 2006
2006 4
2006 3
2006 2
2006 1
Annual 2005
Annual 2004
Annual 2003
Annual 2002
Mobile (City)
quarter year
2007 3
2007 2
2007 1
Annual 2006
2006 4
2006 3
2006 2
2006 1
Annual 2005
Annual 2004
Annual 2003
Annual 2002
County Unincorporated
quarter year
2007 3
2007 2
2007 1
Annual 2006
2006 4
2006 3
2006 2
2006 1
Annual 2005
Annual 2004
Annual 2003
Annual 2002
Total
number
6
7
0
11
2
9
0
0
211
61
59
33
One Family
number
6
7
0
11
2
9
0
0
67
54
59
33
Cost
$
1,285,780
1,160,206
0
1,584,000
450,000
1,134,000
0
0
9,088,272
7,100,877
6,125,420
3,807,643
2 Family
number
0
0
0
0
0
0
0
0
0
2
0
0
Cost
$
0
0
0
0
0
0
0
0
0
299,280
0
0
3-4 Family
number
0
0
0
0
0
0
0
0
0
0
0
0
Cost
$
0
0
0
0
0
0
0
0
0
0
0
0
5+ Family
number
0
0
0
0
0
0
0
0
144
5
0
0
Cost
$
0
0
0
0
0
0
0
0
28,204,980
450,000
0
0
Total
number
126
300
161
619
279
99
77
164
350
451
238
269
One Family
number
66
54
81
361
87
99
77
98
212
191
234
245
Cost
$
12,242,760
11,817,993
19,347,709
69,400,280
16,029,998
21,465,793
14,265,013
17,639,476
55,493,848
42,870,284
35,278,917
32,761,320
2 Family
number
0
0
0
0
0
0
0
0
0
0
0
0
Cost
$
0
0
0
0
0
0
0
0
0
0
0
0
3-4 Family
number
0
0
0
0
0
0
0
0
0
32
4
0
Cost
$
0
0
0
0
0
0
0
0
0
1,693,200
408,000
0
5+ Family
number
60
246
80
258
192
0
0
66
138
228
0
24
Cost
$
5,785,500
23,901,678
5,706,781
12,358,500
6,768,000
0
0
5,590,500
13,082,996
16,355,000
0
761,500
Total
number
305
480
329
1,820
486
442
479
413
1,392
1,404
1,205
1,230
One Family
number
305
480
327
1,661
382
437
429
413
1,392
1,250
1,195
1,222
Cost
$
51,105,128
80,938,418
51,557,062
194,619,328
59,992,372
6,863,017
67,373,633
60,390,306
114,453,250
100,906,056
94,082,529
97,832,071
2 Family
number
0
0
2
2
0
0
2
0
0
0
2
0
Cost
$
0
0
170,907
170,907
0
0
170,907
0
0
0
88,118
0
3-4 Family
number
0
0
0
48
0
0
48
0
0
0
0
8
Cost
$
0
0
0
4,364,196
0
0
4,364,196
0
0
0
0
253,200
5+ Family
number
0
0
0
109
104
5
0
0
0
154
8
0
Cost
$
0
0
0
10,779,119
10,284,664
494,455
0
0
0
5,603,534
287,386
0
Prichard
quarter year
2007 3
2007 2
2007 1
Annual 2006
2006 4
2006 3
2006 2
2006 1
Annual 2005
Annual 2004
Annual 2003
Annual 2002
Saraland
quarter year
2007 3
2007 2
2007 1
Annual 2006
2006 4
2006 3
2006 2
2006 1
Annual 2005
Annual 2004
Annual 2003
Annual 2002
Total
number
0
6
4
56
5
11
0
40
24
288
11
18
One Family
number
0
6
4
56
5
11
0
40
24
88
11
12
Cost
$
0
873,191
630,119
8,284,049
1,089,793
1,727,528
0
5,466,728
3,668,825
8,984,848
1,046,763
1,321,400
2 Family
number
0
0
0
0
0
0
0
0
0
0
0
0
Cost
$
0
0
0
0
0
0
0
0
0
0
0
0
3-4 Family
number
0
0
0
0
0
0
0
0
0
0
0
6
Cost
$
0
0
0
0
0
0
0
0
0
0
0
327,930
5+ Family
number
0
0
0
0
0
0
0
0
0
200
0
0
Cost
$
0
0
0
0
0
0
0
0
0
10,000,000
0
0
Total
number
0
0
0
0
0
0
0
0
126
100
93
98
One Family
number
0
0
0
0
0
0
0
0
86
100
88
62
Cost
$
0
0
0
0
0
0
0
0
16,794,726
19,211,052
17,429,586
11,821,372
2 Family
number
0
0
0
0
0
0
0
0
0
0
0
0
Cost
$
0
0
0
0
0
0
0
0
0
0
0
0
3-4 Family
number
0
0
0
0
0
0
0
0
0
0
0
0
Cost
$
0
0
0
0
0
0
0
0
0
0
0
0
5+ Family
number
0
0
0
0
0
0
0
0
40
0
5
36
Cost
$
0
0
0
0
0
0
0
0
1,250,000
0
152,650
1,099,080
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, 251.460.6736, depley@usouthal.edu