MOBILE MARKET WATCH
Mitchell College of Business
Center for Real Estate Studies
Mobile Residential Reports
Price Range of Sold Properties
Winter 2008
This report covers summary data from the Mobile Area Multi‐List. The numbers covers all sold
properties represented by real estate agents for the time periods shown.
This report is available at the Center for Real Estate Studies (CRES) website:
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.
Mobile Residential
Page - 1
Price Range of Sold Properties
Mobile MSA (City + County)
Mobile
Market
Watch
Price Range of Sold Properties
Winter 2008
2006
Qtr 3
2006
Annual
2007
Qtr 1
2007
Qtr 2
2007
Qtr 3
2007
Qtr. 4
2007
Annual
2008
Qtr 1
2008
Qrt 2
2008
Qrt 3
2008
Qrt 4
2008
Annual
$0-19999
$20000-39999
$40000-59999
$60000-79999
$80000-99999
$100000-119999
$120000-139999
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
56
201
259
346
528
524
773
24
59
64
70
88
102
130
19
61
66
67
120
130
180
26
50
59
73
104
99
148
26
58
59
76
71
85
97
97
228
249
254
387
426
563
under $140,000
$140000-159999
$160000-179999
$180000-199999
$200000-219999
$220000-239999
$240000-259999
$260000-279999
$280000-299999
717
168
134
78
56
52
22
28
36
3,032
631
457
298
198
163
115
108
106
655
115
93
54
45
44
27
25
16
740
190
140
86
68
54
33
42
35
714
149
124
74
61
57
31
26
22
571
134
88
63
47
38
31
24
13
2,687
589
445
277
223
194
122
117
86
537
115
71
41
33
29
28
16
11
643
147
105
73
54
57
36
35
13
559
134
85
71
43
37
40
29
15
472
2204
66
61
35
20
36
19
20
13
469
324
221
151
160
126
100
53
$300000-349999
$350000-399999
$400000-449999
$450000-499999
$500000-549999
$550000-599999
$600000-649999
$650000-699999
$700000-749999
$750000-799999
30
19
15
9
7
4
3
3
2
1
116
81
65
40
18
18
10
11
2
3
21
14
7
7
3
3
1
4
1
1
29
22
19
6
3
7
3
3
1
4
34
21
10
7
5
3
4
1
3
1
37
17
9
9
5
1
5
2
1
0
123
74
45
29
16
14
13
10
6
6
21
12
8
7
4
2
1
2
0
0
30
17
9
10
8
7
5
1
0
1
35
13
15
5
3
4
0
2
2
0
9
4
3
3
1
4
3
3
1
3
98
46
35
25
17
17
9
8
3
4
Price Range
Mobile Residential
Page - 2
Price Range of Sold Properties
2006
Qtr 3
2006
Annual
2007
Qtr 1
2007
Qtr 2
2007
Qtr 3
2007
Qtr. 4
2007
Annual
2008
Qtr 1
2008
Qrt 2
2008
Qrt 3
Qrt 4
2008
Annual
$800000-849999
$850000-899999
$900000-949999
$950000-999999
0
2
0
0
3
2
2
0
3
0
0
0
0
5
2
0
0
0
0
1
1
2
1
0
4
7
3
1
0
0
0
0
0
1
0
1
0
1
2
1
1
0
0
0
1
2
2
1
$1m-1199999
$1.2m-1399999
$1.4m-1599999
$1.6m-1799999
$1.8m-1999999
$2.0m and over
0
1
1
0
0
1
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
1
0
0
0
0
0
2
1
0
0
0
1
1
0
0
0
0
0
0
1
0
0
0
0
5
2
0
0
0
1
Highest Price
$2.4m
$2.5m
$1.5m
$1.18m
$1.3m
$1.6m
$1.6m
$1.1m
$2.625m
$1.15m
$1.35m
$2.625m
Lowest Price
$5,000
$5,000
$6,900
$4,000
$0
$0
$5,000
$5,000
$7,900
$3,500
$3,500
142,257
$152,895
82
89
Price Range
Avg Sales Price
$6,000
$160,946 $155,703 $155,065 $163,981 $156,090 $158,806 $158,761 $144,263
Avg Days on Mkt
58
61
70
67
68
75
70
93
$162,682 $156,844
92
87
2008
All data supplied by the Mobile Multi‐List, 251.479.8654. Tables constructed by the Center for Real Estate Studies, Mitchell College of Business, For further information please contact:
Mobile Residential
Dr. Don Epley, Director, Center for Real Estate Studies
E‐mail: depley@usouthal.edu Phone: 251.460.6735
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Price Range of Sold Properties