Mobile Area Association of Realtors
2827 Airport, Mobile, AL 36606
Telephone: 251.479.8654
Website: www.mobilerealtor.com
Mobile Residential Reports
Price Trends by Zone
Spring 2010
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.
This report and many others are available at the CRES website: http://cres.southalabama.edu/
"Data you can use."
"Education you can use."
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 responsibility for the accuracy, correctness, or
completeness of any information, nor represents that warranty, express or implied, nor assumes any legal liability or 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 Report
Page - 1
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
Total Mobile MLS
2010 1 120,773
107,000
66
88
627
15.47%
76
15.15%
75
11.96%
48
143,064
139,261
142,436
148,609
140,309
153,000
142,257
156,047
162,801
144,326
158,891
158,914
127,000
125,000
127,500
129,800
126,000
133,850
122,500
137,900
138,975
129,000
135,702
136,705
78
78
78
80
75
83
76
85
86
81
87
88
84
82
82
85
89
85
78
83
88
89
66
70
3472
863
996
900
698
4118
778
1,083
1,256
955
5,097
1,099
28.11
26.77
24.90
29.44
31.95
41.36
34.45
37.48
43.23
48.80
68.65
62.60
90
89
91
92
84
93
86
96
96
91
91
94
40.50
42.76
41.16
39.11
38.97
31.84
35.22
35.83
31.37
25.24
11.36
15.56
81
79
83
82
80
83
80
84
84
82
82
82
22.32
21.21
24.50
22.00
21.35
19.57
23.52
19.02
17.99
18.95
14.89
15.29
53
55
52
56
47
59
52
60
64
59
73
74
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
01- Downtown
2010 1
72,191
25,000
82
92
6
16.67%
124
0.00%
0
83.33%
73
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
102,048
141,200
93,332
90,180
71,350
145,851
141,146
150,469
143,985
150,076
151,220
157,961
85,000
105,000
89,000
45,000
52,000
133,500
63,900
144,600
164,650
169,900
132,753
167,961
62
70
51
49
63
109
76
110
115
130
100
116
113
180
55
29
252
85
37
107
76
131
77
79
27
5
11
5
5
40
9
7
15
9
52
20
33.33
40.00
9.09
40.00
60.00
52.50
11.11
71.42
60.00
66.67
61.54
65.00
67
58
76
76
24
136
227
143
128
128
110
116
22.22
40.00
27.27
70
48
90
20.00
7.50
22.22
0.00
6.67
0.00
7.69
5.00
55
48
48
0
48
0
76
68
44.44
20.00
63.64
60.00
20.00
35.00
55.56
28.57
33.33
22.22
25.00
25.00
53
142
30
31
187
76
58
29
105
94
83
115
Mobile Residential Report
Page - 2
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
02- MidTown South
2010 1 184,520
175,000
80
179
5
20.00%
95
40.00%
122
40.00%
30
170,859
178,127
177,083
188,150
86,450
169,716
186,212
168,408
175,085
118,286
162,020
183,261
152,500
152,500
183,700
135,000
93
85
120
96
32
68
46
57
91
63
54
60
37
11
12
10
2
51
13
10
20
7
62
19
43.24
54.55
33.33
50.00
50.00
58.82
30.77
60.00
75.00
57.14
69.35
63.16
94
98
95
104
20
97
124
92
99
64
91
109
35.14
18.18
50.00
30.00
50.00
13.73
15.38
30.00
5.00
14.29
3.23
5.26
98
112
101
89
76
87
89
91
96
64
63
76
10.81
18.18
8.33
10.00
0.00
27.45
53.84
10.00
20.00
28.57
22.58
21.00
98
55
89
75
142,500
145,000
129,750
145,600
117,500
135,100
167,000
92
95
94
97
48
79
75
85
84
57
82
95
36
43
23
25
40
61
65
2010 1 150,147
130,900
80
95
30
40.00%
90
36.67%
97
20.00%
34
163,799
158,862
151,860
167,283
177,056
180,820
176,436
187,299
188,662
160,098
167,072
166,265
150,000
140,500
150,000
145,000
164,000
164,500
130,000
168,960
174,450
144,400
150,000
149,500
91
86
92
98
89
97
90
97
96
100
105
121
77
66
85
85
68
77
72
86
81
69
67
70
157
37
45
36
40
199
34
54
64
43
294
59
39.49
35.14
37.78
36.11
47.50
57.29
44.12
59.25
53.13
69.77
77.21
71.19
98
103
99
98
94
102
95
99
103
103
107
120
37.58
45.95
40.00
47.22
20.00
36.13
20.59
22.22
28.13
11.63
5.78
11.86
98
96
97
104
93
97
94
96
98
98
106
113
17.83
18.92
15.56
13.89
22.50
27.73
23.53
12.96
17.19
16.28
14.97
15.25
56
31
58
75
64
78
73
77
71
98
96
124
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
03- MidTown East
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
Mobile Residential Report
Page - 3
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
04- Dauphin Isnd Pkwy / North
2010 1
34,975
30,000
26
82
36
5.56%
28
5.56%
42
77.78%
22
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
1
Annual 2007
4
46,796
51,892
36,984
53,202
48,304
50,775
46,910
54,900
57,996
42,332
62,593
56,367
38,000
46,800
29,900
49,500
40,000
44,150
43,700
51,250
47,000
36,900
64,500
53,500
36
36
30
39
38
38
36
40
43
32
49
44
75
71
52
100
81
81
85
73
88
84
56
62
115
23
33
24
35
187
41
54
45
39
203
44
10.43
0.00
15.15
8.33
14.29
19.25
21.95
9.30
24.44
28.21
49.26
29.55
31
0
27
38
33
36
31
34
45
32
54
39
23.48
34.78
6.06
33.33
25.71
22.46
21.95
33.33
98.87
10.26
17.24
29.55
59
54
75
59
59
61
60
62
60
61
63
61
63.48
65.22
78.79
54.17
54.29
52.94
56.09
53.70
46.67
51.28
28.08
31.82
26
26
27
26
27
28
29
27
30
28
30
34
07- Mid Town West
2010 1
94,451
105,000
65
71
23
21.74%
71
34.78%
84
30.43%
37
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
102,805
125,795
92,217
91,699
98,978
113,844
147,420
99,482
98,666
117,192
104,721
103,620
83,000
79,680
84,950
83,000
80,000
94,900
111,000
85,000
96,681
93,000
92,000
90,000
67
70
65
68
64
72
77
71
71
68
72
72
78
104
50
53
97
67
71
64
71
65
47
48
91
24
20
22
25
124
29
37
30
27
127
35
20.88
20.83
15.00
9.09
36.00
40.32
37.93
27.03
46.67
51.85
66.14
51.43
82
93
80
115
70
77
90
74
58
73
77
76
46.15
54.17
40.00
45.45
44.00
32.26
24.14
51.35
26.67
22.22
9.45
17.14
76
72
80
89
67
78
82
77
74
83
80
83
30.77
25.00
35.00
45.50
20.00
22.58
31.03
18.91
20.00
22.22
18.90
20.00
42
45
42
38
46
52
58
48
58
40
54
56
Mobile Residential Report
Page - 4
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
09- MidCentral
2010 1
38,785
21,165
29
113
16
18.75%
26
31.25%
54
50.00%
14
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
52,957
44,208
69,492
45,327
56,536
46,160
44,638
53,485
44,967
43,934
55,273
58,735
45,000
39,900
57,000
35,000
36,000
36,000
37,900
35,000
35,000
36,250
48,500
62,000
36
31
48
32
35
33
31
35
32
34
40
43
78
57
69
88
92
72
34
96
83
72
58
57
63
13
14
22
14
85
17
17
24
26
104
26
12.70
0.00
28.57
9.09
14.29
28.24
35.29
11.76
25.00
38.46
42.31
34.62
42
0
62
26
20
37
23
18
57
39
47
46
30.16
30.77
28.60
22.73
42.86
21.18
23.53
41.18
16.67
11.54
16.35
26.92
55
47
58
58
55
55
62
58
43
54
58
66
52.38
69.23
28.60
63.64
42.86
43.53
29.41
41.18
54.17
46.15
36.54
34.62
22
24
25
20
20
20
22
20
17
23
22
24
10- Eight Mile / Pritchard
2010 1
38,673
34,210
28
95
11
18.18%
32
9.09%
59
72.73%
23
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
56,465
90,988
54,645
55,970
42,368
66,609
52,447
89,244
59,746
67,036
80,601
60,449
40,950
86,000
31,250
40,950
31,000
65,000
43,000
82,000
79,950
65,000
72,000
47,895
37
52
35
37
31
42
31
56
42
45
53
39
73
95
76
73
60
86
62
90
102
93
56
48
56
8
16
15
17
51
17
13
10
11
57
14
23.21
25.00
18.75
40.00
11.76
15.69
5.88
7.69
10.00
45.45
54.39
42.86
36
46
36
35
24
46
31
23
50
52
62
34
23.21
62.50
18.80
13.33
17.65
35.29
29.41
53.84
40.00
9.09
12.28
14.29
58
56
56
69
57
61
60
23
55
84
68
60
46.43
12.50
50.00
40.00
64.71
43.14
58.24
30.77
40.00
36.36
28.07
28.57
21
46
17
18
23
25
19
40
20
28
29
32
Mobile Residential Report
Page - 5
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
11- Chickasaw
2010 1
42,317
31,500
33
75
18
5.56%
44
27.78%
56
66.67%
22
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
60,266
73,465
58,856
47,358
57,522
73,626
77,447
76,462
77,585
63,915
75,164
83,209
60,000
79,500
47,800
33,000
60,000
74,000
73,900
75,000
79,400
69,450
78,250
84,900
44
52
45
39
37
50
49
49
57
47
56
64
74
102
72
51
61
70
58
84
52
89
61
60
66
17
24
12
13
89
25
13
22
28
114
29
19.70
5.88
16.67
41.67
23.08
28.09
8.00
38.46
31.82
39.29
64.91
44.83
42
62
48
39
30
53
38
43
64
53
58
66
36.36
58.82
33.33
16.67
30.77
38.20
56.00
38.46
36.36
21.43
14.91
34.48
60
60
63
55
57
63
59
63
65
68
70
68
40.91
29.41
45.83
41.67
46.15
23.59
32.00
15.38
22.73
21.43
17.54
17.24
30
27
31
33
27
29
31
27
32
26
38
47
14-MunPark / West Ctrl
2010 1
75,221
75,000
51
64
34
8.82%
50
41.18%
62
38.24%
36
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
94,022
98,385
90,575
92,926
95,696
97,661
85,914
101,636
103,260
96,827
108,968
105,290
94,500
94,999
84,000
98,500
87,900
97,000
85,000
104,250
102,000
95,250
110,000
105,000
60
61
57
62
61
66
56
69
68
69
71
69
63
76
58
48
72
77
72
71
76
87
59
72
212
50
60
51
50
267
44
62
83
74
299
67
13.68
12.00
13.33
7.84
22.00
26.59
22.73
20.97
22.89
37.84
66.56
53.73
55
58
58
41
54
69
58
69
72
70
73
67
55.19
70.00
50.00
62.75
40.00
46.07
54.54
48.39
44.58
41.89
15.05
23.88
68
65
65
72
69
73
62
72
76
79
79
80
23.58
12.00
31.67
23.53
26.00
20.97
22.73
20.97
26.51
16.22
12.37
11.94
45
37
45
42
49
48
40
53
50
46
54
66
Mobile Residential Report
Page - 6
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
15-Springhill / USA
2010 1 223,580
144,000
88
139
22
45.45%
94
22.73%
75
27.27%
93
226,802
170,452
241,759
258,553
238,743
245,319
231,598
211,277
295,778
212,391
256,314
260,795
158,500
114,329
134,900
168,000
199,000
169,900
172,000
171,500
176,150
162,000
175,000
175,000
105
90
103
114
115
114
108
109
123
110
112
114
94
73
90
110
105
85
124
67
95
66
73
75
183
50
48
48
36
194
31
49
60
50
253
47
44.81
30.00
41.67
54.17
55.56
57.22
45.16
51.02
58.33
70.00
72.73
65.96
120
102
126
120
126
118
111
119
171
113
111
109
24.04
20.00
29.17
25.00
22.22
18.56
32.25
20.41
21.67
6.00
3.56
6.38
101
109
93
100
108
98
94
98
101
100
103
106
28.42
46.00
29.20
18.75
16.67
21.13
16.13
26.53
15.00
24.00
22.92
25.53
84
72
79
115
97
117
106
97
171
105
115
128
2010 1 136,396
132,000
74
75
40
27.50%
82
37.50%
74
20.00%
55
159,297
160,914
157,451
151,196
162,315
163,970
155,306
179,908
159,591
160,098
181,376
202,312
139,000
137,500
139,900
133,797
140,500
142,900
148,000
145,950
139,900
152,500
149,900
166,000
84
83
85
81
85
87
82
89
89
87
89
92
81
82
91
79
72
82
75
89
87
72
68
67
256
61
73
64
55
306
57
82
101
64
408
97
32.03
31.15
27.40
28.13
41.82
52.94
49.12
54.88
50.50
57.81
73.77
70.10
95
91
95
95
94
91
85
98
92
89
90
94
45.31
44.26
46.58
46.88
45.45
27.45
29.82
26.83
32.67
17.19
8.58
13.40
82
81
85
82
82
86
93
82
86
84
87
88
16.80
16.39
17.81
20.31
10.91
14.71
19.30
12.41
11.88
17.19
14.71
11.34
67
70
68
58
64
79
65
74
91
86
89
99
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
16- Cottage Hill North
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
1
Annual 2007
4
Mobile Residential Report
Page - 7
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
17- Cottage Hill South
2010 1 144,638
134,000
70
72
51
31.37%
69
52.94%
71
13.73%
66
168,274
160,612
162,829
188,072
154,662
198,760
197,300
196,828
210,970
187,523
196,339
192,735
143,000
134,900
143,500
157,000
142,000
150,000
139,500
150,000
149,100
153,000
160,000
148,750
82
81
81
84
80
89
84
91
94
86
91
91
83
83
90
74
90
82
61
74
86
95
62
73
207
46
58
66
37
242
39
57
81
63
275
48
28.02
23.91
31.03
30.30
21.62
46.69
41.03
47.36
45.68
52.38
76.00
72.92
93
90
96
100
74
95
91
97
100
91
93
94
50.72
54.35
48.28
43.94
62.16
34.29
38.46
38.60
34.57
26.98
9.09
12.50
79
80
76
80
79
83
84
85
82
83
86
84
13.04
15.22
15.52
12.12
10.81
13.63
17.95
14.04
9.88
14.29
10.91
10.42
74
73
72
69
96
78
68
87
81
79
83
86
2010 1 161,086
140,000
78
102
54
22.22%
84
42.59%
76
25.93%
74
178,387
165,273
181,695
167,313
201,572
190,676
170,191
191,576
201,670
183,602
185,454
189,988
153,500
149,900
145,000
149,900
173,000
155,000
139,500
162,000
169,000
151,000
162,000
170,450
89
87
90
87
92
86
93
98
98
94
97
97
95
108
92
92
92
81
80
73
92
77
64
80
349
82
121
84
59
454
76
117
158
99
587
120
31.52
28.05
23.97
30.95
50.85
51.76
39.47
41.88
58.23
62.63
76.32
74.17
93
89
96
89
95
100
98
103
102
97
97
98
47.56
46.34
54.55
46.43
37.29
27.09
31.58
37.61
21.52
20.20
10.05
13.33
89
89
89
88
88
92
87
95
93
90
94
95
12.32
17.07
13.22
13.10
3.39
12.77
19.74
12.82
10.76
11.11
8.69
8.33
81
75
80
85
109
89
93
90
89
82
96
94
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
18- West Mobile
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
Mobile Residential Report
Page - 8
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
19- Tillman's Corner
2010 1
89,372
90,000
60
53
25
8.00%
70
52.00%
67
28.00%
40
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
1
Annual 2007
4
136,200
145,079
131,432
100,750
157,098
132,931
125,169
125,991
147,151
127,201
123,298
120,383
119,000
139,950
108,000
102,000
140,000
123,000
106,149
123,425
131,000
130,000
120,450
119,750
78
82
70
74
87
78
77
79
82
72
80
76
67
47
60
80
87
90
93
91
85
94
53
57
139
42
43
26
25
140
29
40
40
29
162
32
26.62
26.19
23.26
34.62
28.00
35.71
41.38
30.00
35.00
39.93
66.67
56.25
76
84
61
70
91
77
81
71
82
73
81
81
48.92
25.30
44.19
42.31
56.00
38.57
27.59
37.50
47.50
39.93
16.05
15.63
81
83
75
76
88
85
79
92
83
81
80
76
11.51
9.52
16.28
11.54
8.00
18.57
24.14
30.00
12.50
6.90
7.41
12.50
57
55
52
71
55
66
66
72
66
31
75
79
20- Western Bay Shores
2010 1 157,157
68,000
70
85
17
41.18%
85
11.76%
79
35.29%
43
157,328
120,749
152,304
187,568
127,614
170,073
161,469
150,525
202,259
165,240
185,996
188,500
138,000
84,000
125,000
165,000
52,000
125,000
77,000
110,000
170,000
118,500
137,950
160,500
79
56
81
100
55
83
80
76
95
86
99
111
96
89
81
137
65
117
89
83
146
186
81
63
71
10
24
22
13
86
16
30
26
10
108
18
28.17
30.00
33.33
27.27
7.69
46.51
50.00
43.33
50.00
40.00
68.52
72.22
102
79
102
135
9
101
97
91
105
122
101
131
14.08
20.00
12.50
13.64
15.38
20.93
6.25
26.67
23.08
30.00
9.26
5.56
66
68
46
74
80
71
51
71
76
67
70
74
47.89
40.00
41.67
50.00
69.23
32.56
43.75
30.00
26.92
30.00
19.44
16.67
66
27
74
85
52
66
64
59
91
58
104
65
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
Mobile Residential Report
Page - 9
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
21- Dauphin Isnd Pkwy/ South
2010 1
58,544
35,000
36
106
19
26.32%
28
10.53%
43
52.63%
39
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
64,765
52,321
51,246
90,284
58,215
88,126
60,589
97,385
94,087
94,495
114,182
118,677
40,000
35,127
37,750
41,750
40,000
68,500
58,500
51,500
82,375
72,000
79,900
73,950
41
37
43
44
40
58
41
65
53
63
70
73
83
71
70
81
111
95
82
98
89
109
84
75
106
25
24
30
26
106
19
32
29
29
171
30
17.92
20.00
16.67
16.67
19.23
28.30
10.53
21.85
27.59
41.38
57.89
43.33
49
60
27
63
43
80
38
142
61
72
79
92
23.58
12.00
33.33
20.00
26.92
31.13
47.37
21.85
31.03
27.59
13.45
16.67
60
51
66
58
55
60
51
54
60
77
72
79
55.66
68.00
50.00
56.67
50.00
34.91
43.11
46.88
41.38
20.70
24.56
30.00
29
27
33
31
27
38
31
35
43
32
51
45
22- South Mobile County / Theodore
2010 1
99,411
110,000
62
60
29
24.14%
67
34.48%
73
20.69%
33
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
115,065
118,629
121,645
115,976
111,403
108,577
108,758
105,452
112,250
103,386
126,059
112,000
103,500
119,000
112,000
112,000
114,000
113,000
111,750
117,900
114,300
119,600
71
75
74
71
65
72
70
72
75
71
80
80
78
73
67
107
78
92
74
74
74
55
187
58
51
40
39
212
49
52
61
48
243
36.90
43.10
29.41
42.50
30.77
25.00
24.49
26.92
19.67
29.17
59.26
80
83
91
77
67
77
70
74
77
84
84
34.76
29.31
39.22
35.71
35.90
42.45
46.94
42.31
40.98
39.58
20.16
77
77
81
73
76
82
80
80
85
83
80
20.32
13.79
25.49
15.00
28.21
22.64
18.37
23.08
24.59
25.00
13.58
44
37
41
55
48
47
39
54
49
42
64
4
135,181
121,202
78
64
46
47.83
86
21.74
75
23.91
72
Mobile Residential Report
Page - 10
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
23- Grand Bay
2010 1 114,415
84,000
58
100
13
23.08%
78
15.38%
57
30.77%
42
124,231
139,627
114,439
134,439
107,938
128,324
124,618
143,609
120,542
121,444
159,208
131,743
130,000
136,000
112,000
126,300
105,000
124,000
91,250
155,000
124,000
100,525
161,187
139,575
70
73
70
73
66
75
71
83
79
64
84
71
76
100
67
61
97
79
88
71
89
59
55
60
68
16
18
22
14
70
12
19
25
14
243
28
30.88
18.75
33.33
31.82
42.86
40.00
41.67
42.11
40.00
35.71
59.26
46.43
75
86
63
87
68
83
57
90
86
94
84
87
36.76
31.25
50.00
36.36
28.57
31.43
41.67
36.84
36.00
14.29
20.16
21.43
76
79
69
80
87
84
87
91
88
47
80
71
20.59
25.00
5.56
22.73
28.57
20.00
16.67
15.79
16.00
35.71
13.58
21.43
41
35
67
41
41
48
69
37
43
51
64
39
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
1
Annual 2007
4
24- West Mobile County
2010 1 180,897
153,700
82
129
34
20.59%
90
41.18%
84
32.35%
73
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
188,446
177,973
186,109
195,664
193,654
205,518
193,784
211,543
205,209
213,529
215,488
175,000
161,425
182,100
177,000
185,000
186,900
180,000
199,000
191,950
188,450
189,900
94
94
95
95
93
99
94
99
99
100
104
85
59
87
100
103
97
91
81
96
102
64
290
79
80
81
50
359
48
125
124
80
501
88.50
35.44
32.50
32.10
42.00
52.37
52.08
40.80
50.81
66.25
78.44
99
98
101
98
98
101
97
99
102
103
106
38.97
37.97
38.75
39.51
40.00
31.48
31.25
37.60
33.06
21.25
8.78
91
90
94
91
89
98
93
100
96
95
99
6.90
7.59
6.25
6.17
6.00
5.29
6.25
4.80
4.84
5.00
5.79
76
71
62
94
71
78
65
90
69
82
93
4
222,437
193,700
106
68
120
79.17
110
9.17
102
41.67
77
Mobile Residential Report
Page - 11
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
25- Semmes
2010 1 118,616
105,500
72
66
31
38.71%
71
38.71%
76
9.68%
56
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
153,957
147,497
143,495
153,861
175,161
165,349
187,672
155,305
151,947
147,212
147,658
146,500
144,000
139,900
147,000
169,100
152,900
193,000
153,750
148,900
139,000
135,700
84
84
83
82
88
87
86
90
84
84
84
90
92
80
97
94
66
56
61
80
80
68
273
67
77
69
59
290
60
66
73
70
268
23.81
28.36
16.88
28.99
20.34
37.24
26.67
34.85
42.47
44.29
65.67
80
81
86
76
78
92
85
95
53
91
87
47.99
50.75
44.16
47.83
50.85
41.38
48.33
43.94
36.99
37.14
17.91
88
88
91
84
89
88
89
91
82
83
83
9.89
5.97
20.78
4.35
6.78
8.62
10.00
7.58
10.96
10.00
8.58
61
53
56
68
88
56
62
40
53
63
63
4
153,921
142,900
85
79
52
57.69
89
26.92
83
9.62
72
26- Semmes / Wilmer / Lott Road
2010 1
75,779
56,000
46
84
21
19.05%
65
19.05%
67
42.86%
21
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
126,488
130,591
130,712
125,842
119,380
134,573
123,945
148,071
136,607
124,810
138,963
119,900
110,500
121,500
125,000
115,000
134,900
121,500
137,500
141,825
127,350
133,530
70
73
70
68
69
74
66
81
76
72
78
77
80
96
67
69
89
67
81
83
123
80
201
49
46
68
37
212
45
53
62
49
245
20.90
24.49
15.22
22.06
18.92
33.02
28.89
33.96
38.71
30.61
70.20
73
78
80
75
61
84
73
88
82
89
83
41.29
42.86
32.61
39.71
54.05
40.09
42.22
47.17
30.65
42.86
12.65
79
77
82
79
80
79
79
84
79
71
81
23.38
22.45
28.26
26.47
13.51
18.39
17.78
11.32
20.97
22.45
11.84
41
53
39
40
25
44
27
54
52
46
49
4
138,118
135,000
79
92
49
77.55
82
6.12
81
8.16
84
Mobile Residential Report
Page - 12
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
27- Saraland
2010 1 131,267
125,000
70
96
39
20.51%
78
35.90%
81
35.90%
53
140,788
126,909
142,354
162,243
137,553
141,192
132,421
153,900
143,476
134,741
151,593
145,941
125,000
116,500
125,000
129,900
127,400
122,900
121,000
119,800
132,000
123,500
134,900
135,000
80
75
81
86
81
80
76
77
83
82
85
82
95
98
92
107
90
83
66
99
89
80
61
67
117
32
38
34
15
120
29
29
33
27
133
33
23.08
12.50
23.68
26.47
33.33
31.67
37.93
41.38
27.27
22.22
63.91
60.61
91
84
93
96
84
78
65
77
50
78
86
85
49.57
53.13
47.37
44.12
60.00
45.83
48.28
34.48
57.57
40.74
15.04
24.24
84
82
87
83
85
87
83
82
85
98
84
75
21.37
25.00
26.32
17.65
6.67
18.33
6.89
20.69
15.15
29.63
17.29
12.12
61
60
59
74
25
60
64
63
96
64
76
86
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
28- Saraland / Satsuma / Axis / Creola
2010 1 125,863
125,000
75
93
25
28.00%
70
44.00%
85
20.00%
68
150,554
132,196
158,726
143,663
163,011
163,731
151,638
157,431
171,661
161,207
166,237
147,672
134,000
125,000
139,900
129,000
134,000
147,900
137,850
150,000
154,450
140,555
147,500
141,700
81
74
87
79
85
88
84
84
90
89
91
93
86
75
84
93
74
96
73
87
100
108
66
73
91
28
27
20
14
126
20
29
42
34
161
34
21.98
32.14
7.41
25.00
28.57
42.06
30.00
41.38
40.48
50.00
69.57
58.82
84
85
91
67
100
90
85
83
91
92
93
99
60.44
57.14
74.07
50.00
57.14
34.13
50.00
37.93
33.33
23.53
12.42
14.71
84
71
95
80
87
92
91
93
90
95
93
98
13.19
3.57
14.81
25.00
14.29
13.49
10.00
17.24
11.90
14.71
14.29
17.65
63
22
48
89
49
73
34
67
90
76
75
80
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
Mobile Residential Report
Page - 13
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
29- NE Mobile City / Mt. Vernon
2010 1 147,500
0
70
88
2
0.00%
0
50.00%
54
0.00%
0
49,900
81,000
47,000
35,000
66,400
83,000
59,000
79,500
110,000
119,500
83,700
50,000
41
59
30
29
34
59
35
56
77
67
58
49
102
136
78
33
124
99
86
59
90
155
75
34
23
8
7
3
5
27
7
6
7
7
43
9
30.43
12.50
42.86
33.00
40.00
29.63
42.86
33.33
14.29
28.57
53.49
44.44
46
108
28
13
60
54
45
52
55
45
72
51
30.43
50.00
28.57
0.00
20.00
37.04
0.00
50.00
42.86
57.14
6.98
22.22
37
45
28
0
21
81
0
69
90
84
76
74
26.09
12.50
28.60
33.00
40.00
33.33
57.14
16.67
42.86
14.29
34.88
33.33
23
11
36
24
15
38
28
26
55
43
29
29
2010 1 261,875
255,000
176
119
16
31.25%
160
0.00%
0
50.00%
177
248,673
246,492
250,446
267,028
193,833
333,560
385,000
304,855
351,841
322,774
327,317
261,923
225,000
215,000
199,900
228,500
193,000
280,000
225,000
273,235
345,000
247,500
265,000
240,000
177
183
172
167
201
229
255
219
230
225
266
192
157
141
163
118
292
294
364
431
149
220
177
201
50
12
14
18
6
41
6
14
11
10
39
7
0.54
0.42
0.50
0.67
0.50
58.54
66.67
42.86
63.63
70.00
56.41
71.43
191
179
193
185
221
238
285
251
219
218
255
183
0.04
0.00
0.07
0.00
0.20
0.00
0.00
0.00
0.00
0.00
0.00
0.00
96
0
96
0
96
0
0
0
0
0
0
0
0.40
0.58
0.43
0.33
0.20
31.71
33.33
35.71
36.36
20.00
41.03
28.57
158
185
160
131
125
222
196
180
250
294
271
214
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
80,446
126,040
58,649
32,667
66,680
97,339
62,603
84,800
128,636
111,524
106,047
73,667
30- Dauphin Island
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
1
Annual 2007
4
Mobile Residential Report
Page - 14
Price Trends by Zone
Price Trends by Zone
Zone
Year /
Quarter
Avg Sale
Price
Median Sale Avg Sales Avg Days Number Conventional
Price
Price S.F. on Market
Sold
as % of Total
Cash
Conv
FHA as % FHA Sales Cash as %
Sales
Sales
of Total
Price S.F.
of Total
Price S.F.
Price S.F.
31- NW Mobile City / Citronelle
2010 1 105,960
71,000
56
79
10
50.00%
49
30.00%
67
10.00%
34
105,770
88,370
102,583
131,688
106,471
121,762
134,917
135,547
100,400
111,026
115,849
130,191
103,000
97,000
103,000
115,000
57,000
107,210
84,000
126,250
74,000
113,605
121,750
125,000
60
58
63
64
55
67
62
72
63
66
71
80
81
53
106
116
36
88
139
78
84
77
114
90
37
10
12
8
7
40
6
16
10
8
54
11
24.32
30.00
16.67
25.00
28.57
32.50
66.67
18.75
30.00
37.50
64.81
81.82
57
34
64
46
96
69
61
93
43
81
78
87
35.14
30.00
50.00
37.50
14.29
35.00
16.67
31.25
50.00
37.50
12.96
0.00
80
75
85
72
92
78
85
72
89
68
68
0
29.73
20.00
25.00
25.00
57.14
20.00
0.00
31.25
20.00
12.50
18.52
9.10
36
62
25
45
26
40
0
44
28
43
54
72
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
For further information please contact:
Professor Donald Epley, Director, Center for Real Estate Studies
E-mail: depley@usouthal.edu
Phone: 251.460.6735
MLS Office: 251.479.8654
Mobile Residential Report
Page - 15
Analysis completed by:
Alex Ryder
Center for Real Estate Studies
Mitchell College of Business
University of South Alabama
Price Trends by Zone