Mobile Area Association of REALTORS®
The Gulf Coast Multiple Listing Service, Inc.
http://www.mobilerealtor.com/
Mobile Foreclosures
Residential Housing Report
(Dec 08 - Mar 09)
This report is available on the Center for Real Estate Studies website: http://cres.southalabama.edu/
UNIVERSITY OF SOUTH ALABAMA
Mitchell College of Business
Center for Real Estate Studies
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.
Foreclosure Report for Mobile County - March 2009
Zip
Code
36505
36509
36512
36521
36522
36523
36525
36528
36541
36544
36560
36568
36571
36572
36575
36582
36587
36590
36601
36602
36603
36604
36605
36606
36607
36608
36609
36610
36611
36612
36613
36615
36616
36617
36618
36619
36621
36622
City
Axis
Bayou La Batre
Bucks
Chunchula
Citronelle
Coden
Creola
Dauphin Island
Grand Bay
Irvington
Mount Vernon
Saint Elmo
Saraland
Satsuma
Semmes
Theodore
Wilmer
Theodore
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Eight Mile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Foreclosure
Units
Deed
1
0
0
3
2
2
0
3
7
2
0
0
2
2
7
7
6
0
0
0
1
2
14
9
2
8
3
3
4
0
7
0
0
4
5
6
0
0
Deed In Lieu
Auctioneers
of
Deed
Foreclosure
0
0
0
0
0
0
0
2
0
1
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
1
0
0
0
0
0
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
1
1
1
1
0
4
0
0
0
0
0
0
0
1
2
1
0
0
Median $
(*)
Average Median Average
Sq. Ft.
Sq. Ft. $ per Sq.
(a)
(a,*)
Ft. (a)
Median $
per Sq. Ft.
(a,*)
Average
Age of
Property
(b)
Total
Average $
1
0
0
3
2
2
0
5
8
4
0
0
2
2
7
7
6
0
0
0
2
4
15
10
2
13
3
3
4
0
7
0
0
5
9
7
0
0
10,600
500
21
48
84,833
97,700
89,000
1,941
42
1,341
67
21
13
16
1,500,300
78,488
52,375
68,200
103,050
116,771
129,657
40,000
49,400
82,950
114,567
66,150
45,600
72,731
169,000
46,833
48,025
110,100
69,850
57,350
98,900
68,700
27,300
16
16
1,357
1,403
1,960
1,586
47,000
1,203
2,011
7,869
1,703
1,369
1,578
2,293
1,427
1,280
50,429
52,200
58,680
64,889
134,386
54,900
63,200
121,100
82,300
60,000
62,800
80,600
1,830
1,323
51
73
70
69
1,163
41
46
42
38
37
61
74
34
41
1,409
1,402
2,115
1,471
2,159
1,416
1,431
2,539
1,536
1,189
1,631
1,574
87
54
20
24
16
12
42
19
29
23
25
19
20
21
27
28
40
39
25
32
58
60
22
62
58
29
20
17
40
40
37
53
Foreclosure Report for Mobile County - March 2009
Zip
Code
36625
36628
36630
36633
36640
36641
36644
36652
36660
36663
36670
36671
36675
36685
36688
36689
36690
36691
36693
36695
Count
City
Foreclosure
Units
Deed
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
7
122
Deed In Lieu
Auctioneers
of
Deed
Foreclosure
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
8
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
15
Total
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
9
145
Average $
158,600
110,222
Median $
(*)
110,000
Average Median Average
Sq. Ft.
Sq. Ft. $ per Sq.
(a)
(a,*)
Ft. (a)
1,932
1,774
1,795
81
74
Median $
per Sq. Ft.
(a,*)
78
* A sample of at least 4 was required to calculate a median
a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code.
b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code.
Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures)
Source: REARS
Prepared by: Mitchell College of Business
Center for Real Estate Studies
Alex Ryder
Average
Age of
Property
(b)
17
13
Mobile County Foreclosures- March 2009
Mobile Zip codes
36601
36602
36603
36604
36605
36606
36607
36608
36609
36610
36611
36612
36615
36616
36617
36618
36619
36621
36622
36625
36628
36630
36633
36640
36641
36644
36652
36660
36663
36670
36671
36675
36685
36688
36689
36690
36691
36693
36695
Total Foreclosures
145
36522 – 2
Citronelle
36560
Mt. Vernon
36505 – 1
Axis
36521 – 3
Chunchula
36571 – 2
Saraland
36587 – 6
Wilmer
36572 - 2
Satsuma
36613 – 7
Eight Mile
36611 - 4
36575 – 7
Semmes
36612
36618 - 9
36608
13
36688
36610 - 3
36617 - 5
36607 - 2
36609 - 3
36695
9
36606
10
36693 - 3
36603 - 2
36604
4
36615
36619
7
36605
15
36582 – 7
Theodore
36541 – 8
Grand Bay
36544 – 4
Irvington
36509
Bayou La Batre
36525
Creola
36523 – 2
Coden
36528 – 5
Dauphin Island
36602
Foreclosure Report for Mobile County - February 2009
Zip
Code
36505
36509
36512
36521
36522
36523
36525
36528
36541
36544
36560
36568
36571
36572
36575
36582
36587
36590
36601
36602
36603
36604
36605
36606
36607
36608
36609
36610
36611
36612
36613
36615
36616
36617
36618
36619
City
Axis
Bayou La Batre
Bucks
Chunchula
Citronelle
Coden
Creola
Dauphin Island
Grand Bay
Irvington
Mount Vernon
Saint Elmo
Saraland
Satsuma
Semmes
Theodore
Wilmer
Theodore
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Eight Mile
Mobile
Mobile
Mobile
Mobile
Mobile
Units
Foreclosure
Deed
1
0
0
0
1
0
0
2
6
0
0
0
3
1
2
6
9
0
0
0
2
2
10
5
2
5
2
4
5
2
2
0
0
3
2
1
Deed In Lieu
Auctioneers
of
Deed
Foreclosure
0
0
0
0
0
0
0
0
1
0
0
0
0
0
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
0
0
0
0
2
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
2
0
0
0
0
0
0
0
1
0
0
Total
1
0
0
0
1
0
0
2
9
0
0
0
3
1
2
7
11
0
0
0
2
2
10
5
2
7
2
4
5
2
2
0
0
4
2
1
Median $
Average $
(*)
121,100
0
0
0
48,000
0
0
190,500
74,022
106,033
107,000
100,950
112,229
44,791
45,000
129,500
66,740
75,840
46,900
173,343
76,800
28,625
58,120
43,650
100,800
36,200
74,800
104,700
Average
Sq. Ft.
(a)
Median
Sq. Ft.
(a,*)
Average $
per Sq. Ft.
(a)
Median $
per Sq. Ft.
(a,*)
Average
Age of
Property
(b)
1,377
81
6
864
55
21
503
706
23
1,522
1,596
1,665
1,675
66
67
59
59
24
37
19
16
91,100
104,000
31,300
61,200
86,000
157,300
26,100
65,800
36,600
1,553
1,834
1,438
1,141
1,046
2,479
1,149
1,343
1,180
1,364
2,148
933
1,368
1,196
1,350
1,424
1,140
2,496
1,301
1,110
912
29
65
46
65
43
75
67
23
53
34
47
31
55
87
60
52
75
73
23
59
29
33
30
24
26
26
29
23
28
24
29
21
34
23
26
Foreclosure Report for Mobile County - February 2009
Zip
Code
36621
36622
36625
36628
36630
36633
36640
36641
36644
36652
36660
36663
36670
36671
36675
36685
36688
36689
36690
36691
36693
36695
Count
City
Units
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Foreclosure
Deed
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
7
86
Deed In Lieu
Auctioneers
of
Deed
Foreclosure
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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
1
7
Total
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
8
96
Median $
Average $
(*)
41,000
144,125
157,150
Average
Sq. Ft.
(a)
Median
Sq. Ft.
(a,*)
Average $
per Sq. Ft.
(a)
Median $
per Sq. Ft.
(a,*)
Average
Age of
Property
(b)
1,807
1,647
82
82
13
* A sample of at least 4 was required to calculate a median
a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code.
b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code.
Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures)
Source: REARS
Prepared by: Mitchell College of Business
Center for Real Estate Studies
Alex Ryder
Foreclosure Report for Mobile County - January 2009
Zip
Code
36505
36509
36512
36521
36522
36523
36525
36528
36541
36544
36560
36568
36571
36572
36575
36582
36587
36590
36601
36602
36603
36604
36605
36606
36607
36608
36609
36610
36611
36612
36613
36615
36616
36617
36618
36619
36621
36622
36625
36628
City
Axis
Bayou La Batre
Bucks
Chunchula
Citronelle
Coden
Creola
Dauphin Island
Grand Bay
Irvington
Mount Vernon
Saint Elmo
Saraland
Satsuma
Semmes
Theodore
Wilmer
Theodore
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Eight Mile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Units
Foreclosure
Deed
1
0
0
0
2
0
0
0
3
2
1
0
1
0
3
3
5
0
0
0
3
2
5
8
0
3
0
2
4
0
4
0
0
1
4
0
0
0
0
0
Deed In Lieu
Auctioneers
of
Deed
Foreclosure
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
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
0
1
0
0
0
0
0
0
0
1
1
1
0
0
1
0
0
0
0
0
0
1
1
0
0
0
0
Total
1
0
0
0
2
1
0
0
3
4
1
0
1
0
4
3
5
0
0
0
3
2
6
9
1
3
0
3
4
0
4
0
0
1
5
2
0
0
0
0
Median $ Average
Average $
(*)
Sq. Ft. (a)
Median
Sq. Ft.
(a,*)
Average $
per Sq. Ft.
(a)
Median $
per Sq. Ft.
(a,*)
Average
Age of
Property
(b)
123,800
1,617
76
11
40,000
500
1,004
1,440
74
13
24
1,126
57
19
2,436
25
37
1,514
68
20
64,267
57,200
62,600
15,250
101,150
115,275
84,400
35,840
97,000
45,300
1,488
1,310
1,292
90,800
105,900
54,317
53,767
31,300
432,567
315,700
2,495
1,544
1,104
1,102
576
4,928
19,733
69,825
72,900
1,237
1,144
103,900
104,500
1,337
121,600
75,420
411,267
80,800
81,350
2,365
1,290
1,330
61,750
61,000
1,557
1,032
1,002
1,205
77
64
41
50
71
49
50
54
123
17
56
74
53
57
61
61
1,214
1,466
51
57
71
14
22
16
30
26
24
24
34
58
29
24
19
66
58
14
20
20
Foreclosure Report for Mobile County - January 2009
Zip
Code
36630
36633
36640
36641
36644
36652
36660
36663
36670
36671
36675
36685
36688
36689
36690
36691
36693
36695
Count
City
Units
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Foreclosure
Deed
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
9
71
Deed In Lieu
Auctioneers
of
Deed
Foreclosure
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
10
Total
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
11
84
Median $ Average
Average $
(*)
Sq. Ft. (a)
145,720
279,900
134,200
149,600
2,274
2,509
Median
Sq. Ft.
(a,*)
Average $
per Sq. Ft.
(a)
Median $
per Sq. Ft.
(a,*)
Average
Age of
Property
(b)
1,978
2,006
66
81
66
82
20
11
* A sample of at least 4 was required to calculate a median
a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code.
b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code.
Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures)
Source: REARS
Prepared by: Mitchell College of Business
Center for Real Estate Studies
Alex Ryder
Foreclosure Report for Mobile County - December 2008
Zip
Code
36505
36509
36512
36521
36522
36523
36525
36528
36541
36544
36560
36568
36571
36572
36575
36582
36587
36590
36601
36602
36603
36604
36605
36606
36607
36608
36609
36610
36611
36612
36613
36615
36616
36617
36618
City
Axis
Bayou La Batre
Bucks
Chunchula
Citronelle
Coden
Creola
Dauphin Island
Grand Bay
Irvington
Mount Vernon
Saint Elmo
Saraland
Satsuma
Semmes
Theodore
Wilmer
Theodore
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Eight Mile
Mobile
Mobile
Mobile
Mobile
Units
Foreclosure
Deed
0
0
0
1
1
0
0
2
4
2
1
0
1
1
6
6
2
0
0
0
2
1
7
6
3
8
4
3
2
0
6
0
0
3
2
Deed In Lieu
Auctioneers
of
Deed
Foreclosure
0
0
0
0
0
0
0
0
2
0
0
0
0
0
0
0
1
0
0
0
0
0
2
1
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
1
1
0
1
0
0
0
0
1
0
4
1
0
1
0
0
0
1
0
0
0
1
1
Total
0
0
0
1
1
0
0
3
6
2
1
0
2
2
6
7
3
0
0
0
3
1
13
8
3
10
4
3
2
1
6
0
0
4
3
Average $
Median $ Average Sq.
Ft. (a)
(*)
126,000
94,500
202,433
34,367
69,300
40,200
29,200
51,750
128,433
94,700
93,200
34,933
79,300
70,392
90,363
43,100
91,590
123,375
66,933
64,650
22,900
67,850
45,875
106,700
200,200
21,850
99,350
85,500
69,700
78,950
93,350
121,500
71,700
42,200
Median
Sq. Ft.
(a,*)
Average $
per Sq. Ft.
(a)
Median $
per Sq. Ft.
(a,*)
Average
Age of
Property
(b)
2,275
1,368
55
69
26
20
1,402
1,347
1,680
1,050
241
58
30
38
1,016
16
22
26
957
1,740
1,485
1,385
1,339
55
56
62
71
69
21
16
19
16
13
1,331
1,652
1,505
1,426
1,215
1,622
2,422
2,316
1,960
1,056
1,382
1,092
1,498
1,416
1,412
1,240
1,388
1,479
1,054
30
48
52
66
35
58
64
24
34
21
53
41
68
66
68
52
56
58
42
30
28
28
25
30
22
20
31
28
38
22
29
18
Foreclosure Report for Mobile County - December 2008
Zip
Code
36619
36621
36622
36625
36628
36630
36633
36640
36641
36644
36652
36660
36663
36670
36671
36675
36685
36688
36689
36690
36691
36693
36695
Count
City
Units
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Mobile
Foreclosure
Deed
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
6
84
Deed In Lieu
Auctioneers
of
Deed
Foreclosure
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14
Median $ Average Sq.
Ft. (a)
(*)
Median
Sq. Ft.
(a,*)
Average $
per Sq. Ft.
(a)
Average
Age of
Property
(b)
Total
Average $
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
6
105
81,000
1,501
54
24
129,500
208,150
1,803
3,287
71
77
21
15
130,450
1,733
* A sample of at least 4 was required to calculate a median
a - Average St. Ft. and Average $ per Sq. Ft. data had to be present for at least 51% of the total sample to calculate an Average Sq. Ft. or Average $ per Sq. Ft. for any given zip code.
b - Average age of property data had to be present for at least 51% of the total sample to calculate an Average Age of the Property for any given zip code.
Example: (Zip Code 36695 has 6 total foreclosures in the sample, so there would need to be sq. ft. and $ per sq. ft. information available in REARS for 4 of the foreclosures)
Source: REARS
Prepared by: Mitchell College of Business
Center for Real Estate Studies
Alex Ryder
Median $
per Sq. Ft.
(a,*)
67