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 Three 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 Three 2010 Qtr 2 2010 Qtr 3 2010 Qtr 4 2010 Annual 2011 Qtr 1 29 38 38 144 49 60 81 85 68 317 93 103 64 57 55 223 57 77 69 58 68 257 72 87 112 83 77 338 77 118 84 78 376 136 82 71 376 under $140,000 $140000-159999 $160000-179999 $180000-199999 $200000-219999 $220000-239999 $240000-259999 $260000-279999 $280000-299999 609 487 455 98 68 80 65 $300000-349999 $350000-399999 $400000-449999 $450000-499999 $500000-549999 $550000-599999 $600000-649999 $650000-699999 $700000-749999 $750000-799999 Price Range $0-19999 $20000-39999 $40000-59999 $60000-79999 $80000-99999 $100000-119999 $120000-139999 Mobile Residential Report 2011 Qtr 2 2011 Qtr4 2011 Annual 65 54 229 73 66 40 133 112 442 122 105 106 87 82 304 81 86 83 83 91 335 93 91 99 79 93 89 337 81 97 77 64 91 91 74 320 65 89 78 81 98 90 72 342 80 102 93 2031 493 595 642 574 2309 595 636 576 74 308 71 67 49 57 245 68 68 79 52 32 207 46 49 58 43 196 45 56 58 41 34 177 32 33 38 31 134 25 46 36 61 23 19 126 19 39 27 22 108 21 27 19 36 14 17 97 9 25 16 17 67 17 22 38 20 20 17 78 17 22 21 16 76 7 21 20 27 21 10 72 10 19 13 13 55 10 21 16 18 6 4 42 8 11 11 7 38 12 14 14 18 16 10 59 12 13 12 14 51 8 13 15 11 10 8 32 3 20 10 7 40 6 9 7 5 7 8 21 10 9 8 2 29 5 6 2 8 2 2 16 0 1 1 2 4 0 2 5 5 2 4 13 2 3 4 3 12 2 4 1 4 3 0 11 3 2 2 1 8 0 2 2 0 0 0 1 1 2 1 0 4 2 1 0 2 2 2 6 0 0 1 0 1 4 2 0 0 0 1 1 0 1 2 1 4 1 1 2 2 0 0 2 0 1 0 0 1 0 1 1 Page - 2 2011 Qtr 3 2012 Qtr 1 2012 Qtr 2 2012 Qtr 3 Price Range of Sold Properties Price Range of Sold Properties 2012 - Quarter Three 2010 Qtr 2 2010 Qtr 3 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 $800000-849999 $850000-899999 $900000-949999 $950000-999999 0 0 2 2 0 0 0 0 0 0 0 0 0 1 0 1 2 0 0 2 4 2 1 0 0 0 0 0 0 1 1 0 2 1 1 0 0 0 0 1 0 0 0 0 0 0 1 1 $1m-1199999 $1.2m-1399999 $1.4m-1599999 $1.6m-1799999 $1.8m-1999999 $2.0m and over 0 0 0 0 0 2 0 0 2 2 1 0 0 1 0 1 0 1 0 0 1 1 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 0 0 0 0 0 0 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 Highest Price $773,000 $1.35m $2.016m $882,500 $1.375m $1.309m $1.07m $1.225m Lowest Price $4,000 $4,800 $6,000 $3,050 $1,500 $2,500 $2,800 $3,900 $114,411 $122,007 $116,838 $129,246 $128,079 105 110 108 109 102 Price Range Avg Sales Price Avg Days on Mkt $2.016m $850,000 $1.375m $900,000 $3,500 $1,500 $4,500 $5,000 $143,781 $132,871 $135,376 $136,493 $121,642 $132,580 $118,498 94 101 110 98 113 108 114 All data supplied by the Mobile Multi-List: 251.479.8654 For further information please contact: depley@usouthal.edu 251.460.6735 Analysis completed by:Michelle Pinochet, 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