Mobile Area Association of Realtors 2827 Airport, Mobile, AL 36606 Telephone: 251.479.8654 Website: www.mobilerealtor.com Mobile Residential Reports Price Range of Sold Properties 2012 - Quarter Four This report is available at the Center for Real Estate Studies (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 Range of Sold Properties Mobile MSA (City + County) Price Range of Sold Properties 2012 - Quarter Four 2010 Qtr 4 2010 Annual 2011 Qtr 1 2011 Qtr 2 2011 Qtr 3 2011 Qtr4 2011 Annual 2012 Qtr 1 2012 Qtr 2 2012 Qtr 3 2012 Qtr 4 2012 Annual $0-19999 $20000-39999 $40000-59999 $60000-79999 $80000-99999 $100000-119999 $120000-139999 38 144 49 60 65 54 229 73 66 40 21 184 68 317 93 103 133 112 442 122 105 106 86 381 55 223 57 77 87 82 304 81 86 83 85 322 68 257 72 87 83 91 335 93 91 99 64 346 77 338 77 79 93 89 337 81 97 77 79 324 78 376 64 91 91 74 320 65 89 78 66 278 71 376 81 98 90 72 342 80 102 93 72 304 under $140,000 $140000-159999 $160000-179999 $180000-199999 $200000-219999 $220000-239999 $240000-259999 $260000-279999 $280000-299999 455 2031 493 595 642 574 2309 595 636 576 473 2139 74 308 71 67 49 57 245 68 68 79 44 201 32 207 46 49 58 43 196 45 56 58 40 156 34 177 32 33 38 31 134 25 46 36 23 103 19 126 19 39 27 22 108 21 27 19 13 55 17 97 9 25 16 17 67 17 22 38 16 67 17 78 17 22 21 16 76 7 21 20 11 38 10 72 10 19 13 13 55 10 21 16 13 40 4 42 8 11 11 7 38 12 14 14 6 40 $300000-349999 $350000-399999 $400000-449999 $450000-499999 $500000-549999 $550000-599999 $600000-649999 $650000-699999 $700000-749999 $750000-799999 10 59 12 13 12 14 51 8 13 15 11 44 8 32 3 20 10 7 40 6 9 7 7 28 8 21 10 9 8 2 29 5 6 2 4 17 2 16 0 1 1 2 4 0 2 5 3 9 4 13 2 3 4 3 12 2 4 1 0 6 0 11 3 2 2 1 8 0 2 2 3 7 0 1 1 2 1 0 4 2 1 0 1 4 2 6 0 0 1 0 1 4 2 0 1 7 Price Range Mobile Residential Report 1 1 0 1 2 1 4 1 1 2 1 5 0 2 0 1 0 0 1 0 1 1 1 3 Page - 2 Price Range of Sold Properties Price Range of Sold Properties 2012 - Quarter Four 2010 Qtr 4 2010 Annual 2011 Qtr 1 2011 Qtr 2 2011 Qtr 3 2011 Qtr 4 2011 Annual 2012 Qtr 1 2012 Qtr 2 2012 Qtr 3 2012 Qtr 4 2012 Annual $800000-849999 $850000-899999 $900000-949999 $950000-999999 2 2 0 0 0 0 0 0 0 0 1 1 0 1 2 0 0 2 4 2 1 0 1 4 0 0 0 1 1 0 2 1 1 0 0 1 0 1 0 0 0 0 0 0 1 1 0 2 $1m-1199999 $1.2m-1399999 $1.4m-1599999 $1.6m-1799999 $1.8m-1999999 $2.0m and over 0 0 0 2 0 0 2 2 1 0 1 5 0 1 0 1 0 0 1 1 2 2 0 3 0 0 0 0 0 0 0 0 0 0 0 0 2 2 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 $1.309m $1.07m $1.225m $1.625m $1.625m $2,500 $2,800 $3,900 $6,650 $2,500 $116,838 $129,246 $128,079 $126,305 $120,933 108 109 102 91 98 Price Range Highest Price $2.016m Lowest Price $6,000 Avg Sales Price Avg Days on Mkt $2.016m $850,000 $1.375m $900,000 $882,500 $1.375m $3,500 $1,500 $4,500 $5,000 $3,050 $1,500 $135,376 $136,493 $121,642 $132,580 $118,498 $114,411 $122,007 110 98 113 108 114 105 110 All data supplied by the Mobile Multi-List: 251.479.8654 For further information please contact: depley@usouthal.edu 251.460.6735 Analysis completed b Meredith McCutchen, Senior Research Analyst Mitchell College of Business The Center for Real Estate Studies University of South Alabama 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 - 3 Price Range of Sold Properties