Mobile Area Association of Realtors 2827 Airport, Mobile, AL 36606 Telephone: 251.479.8654 Website: www.mobilerealtor.com Mobile Residential Report: Price Range of Sold Properties 2014 - First Quarter This report is available at the Center for Real Estate and Economic Development (CREED) website: http://creed.southalabama.edu/ "Data you can use." "Education you can use." 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 Range of Sold Properties Mobile MSA (City + County) Price Range of Sold Properties 2014 - First Quarter 2011 Annual 2012 Qtr 1 2012 Qtr 2 2012 Qtr 3 2012 Qtr 4 2012 Annual 2013 Qtr 1 2013 Qtr 2 2013 Qtr 3 2013 Qtr 4 2013 Annual 2014 Qtr 1 $0-19,999 $20,000-39,999 $40,000-59,999 $60,000-79,999 $80,000-99,999 $100,000-119,999 $120,000-139,999 229 73 66 40 21 184 60 68 44 43 216 49 442 122 105 106 86 381 114 105 90 97 406 101 304 81 86 83 85 322 97 83 101 84 365 94 335 93 91 99 64 346 85 119 105 92 401 85 337 81 97 77 79 324 105 109 117 89 420 78 320 65 89 78 66 278 69 97 104 68 338 79 342 80 102 93 72 304 77 118 108 75 380 77 under $140,000 $140,000-159,999 $160,000-179,999 $180,000-199,999 $200,000-219,999 $220,000-239,999 $240,000-259,999 $260,000-279,999 $280,000-299,999 2309 595 636 576 473 2139 607 699 669 548 2526 563 245 68 68 79 44 201 58 84 85 57 284 59 196 45 56 58 40 156 57 70 63 44 234 60 134 25 46 36 23 103 38 40 48 40 166 32 108 21 27 19 13 55 21 44 38 23 127 17 67 17 22 38 16 67 32 39 46 27 144 28 76 7 21 20 11 38 20 35 21 19 96 18 55 10 21 16 13 40 10 31 24 17 82 21 38 12 14 14 6 40 6 11 9 11 37 12 $300,000-349,999 $350,000-399,999 $400,000-449,999 $450,000-499,999 $500,000-549,999 $550,000-599,999 $600,000-649,999 $650,000-699,999 $700,000-749,999 $750,000-799,999 51 8 13 15 11 44 12 27 20 23 82 20 40 6 9 7 7 28 8 12 18 12 50 13 29 5 6 2 4 17 5 7 9 7 28 6 4 0 2 5 3 9 3 7 6 4 20 3 12 2 4 1 0 6 3 2 2 2 9 2 8 0 2 2 3 7 4 1 3 4 12 3 4 2 1 0 1 4 1 0 1 3 5 0 1 4 2 0 1 7 0 0 0 1 1 1 4 1 1 2 1 5 0 1 0 0 1 0 1 0 1 1 1 3 1 0 1 0 2 2 Price Range Mobile Residential Report Page - 2 Price Range of Sold Properties Price Range of Sold Properties 2014 - First Quarter 2011 Annual 2012 Qtr 1 2012 Qtr 2 2012 Qtr 3 2012 Qtr 4 2012 Annual 2013 Qtr 1 2013 Qtr 2 2013 Qtr 3 2013 Qtr 4 2013 Annual 2014 Qtr 1 $800,000-849,999 $850,000-899,999 $900,000-949,999 $950,000-999,999 0 0 0 0 1 1 0 0 1 0 1 0 4 2 1 0 1 4 0 0 0 0 0 1 2 1 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 2 0 2 0 0 2 0 $1m-1,199,999 $1.2m-1,399,999 $1.4m-1,599,999 $1.6m-1,799,999 $1.8m-1,999,999 $2.0m and over 2 2 1 0 1 5 1 0 1 0 2 0 1 1 2 2 0 3 0 0 1 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 0 Highest Price $1.375m $1.309m $1.07m $1.225m $1.625m $1.625m $1.05m $975,000 $1.25m $1.24m $1.25m 1.36m Lowest Price $1,500 $2,500 $2,800 $3,900 $6,650 $2,500 $3,500 $750 $1,500 $5,645 $750 $1,675 $131,403 $134,721 $130,139 $129,145 $128,738 101 100 104 102 116 Price Range Avg Sales Price Avg Days on Mkt $122,007 $116,838 $129,246 $128,079 $126,305 $120,933 $118,574 110 108 109 102 91 98 106 All data supplied by the Mobile Multi-List: 251.479.8654 For further information please contact: Dr. Don Epley, Director Center for Real Estate and Economic Development depley@southalabama.edu 251.460.6735 Analysis completed by: Mobile Residential Report Andrea Justiniano, Research Associate Center for Real Estate and Economic Development Mitchell College of Business University of South Alabama Page - 3 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. Price Range of Sold Properties