% Mobile Residential Report: Four-Quarter Price Appreciation by Zone

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CENTER FOR REAL ESTATE STUDIES
Mobile Residential Report:
Four-Quarter Price Appreciation
% by Zone
2007 - Current
2012 - Quarter Three
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.
"Data you can use. Education you can use."
http://cres.southalabama.edu/
Mobile Area Association of Realtors
2827 Airport Blvd., Mobile, AL 36606
Telephone: 251.479.8654
www.mobilerealtor.com
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 Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
8.09
-2.51
-3.95
-10.63
-15.55
-10.82
-7.79
0.72
-4.58
-2.72
-6.72
-3.25
-13.92
-6.49
-2.11
-8.72
-8.72
-2.78
-3.68
-10.45
-0.02
-0.76
-4.95
2.03
3.30
-3.08
3.70
4.10
11.81
-3.13
-16.98
-12.87
-15.00
-13.51
-10.80
2.10
-5.57
-12.00
-9.41
-1.97
-15.08
-5.12
2.04
-7.54
-6.60
-2.33
-1.33
-10.22
1.70
-1.06
-0.77
2.67
-0.57
-1.99
11.90
4.10
102
109
108
110
105
114
108
113
98
110
101
94
88
84
82
82
85
89
85
78
83
88
89
66
70
64
65
66
894
958
834
3391
812
917
916
738
3305
699
776
1,069
629
3,472
863
996
900
698
4,118
778
1,083
1,256
955
5,096
1,101
1,351
1,966
1,149
-26.04
-2.95
-27.37
28.60
-36.36
162.13
95.85
39.23
-10.47
-7.50
-30.46
-29.03
1.18
-30.03
0.04
-37.97
-37.37
-52.46
-59.17
5.56
-45.66
26.48
-56.60
1308.33
107.23
165.00
-24.71
11.90
-86.52
42.22
-51.92
-36.33
64.32
-38.45
-72.67
-69.39
165
31
116
129
169
233
91
94
98
147
48
47
92
113
180
55
29
252
6
5
5
24
4
4
8
8
19
7
5
1
6
27
5
11
5
5
Mobile Metro Area
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
01- Downtown
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Mobile Residential Report
Page - 2
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
0.56
-61.96
28.53
-28.63
-73.80
-14.63
11.77
9.76
15.70
12.72
85
37
107
76
131
77
79
92
70
112
40
9
7
15
9
52
20
11
13
4
140.44
10.56
-45.25
28.38
31.78
-16.22
181.18
0.85
-40.94
-41.25
-54.11
-73.90
113.44
0.67
-4.34
5.15
7.46
-26.91
4.75
1.61
8.00
13.36
-21.88
-3.67
-7.25
-11.13
15.92
12.16
358.18
31.25
-45.13
2.50
6.14
-62.07
242.68
-35.43
-50.91
-27.13
-60.53
-80.10
100.00
7.02
5.17
41.58
-7.28
5.48
-13.17
-0.27
21.38
-9.27
-9.86
-13.81
-0.14
8.22
25.00
101
156
97
101
101
119
95
88
101
89
91
66
179
93
85
120
96
32
68
46
57
91
63
54
60
64
55
64
7
10
9
40
10
9
15
6
26
8
7
6
5
37
11
12
10
2
51
13
10
20
7
62
19
14
13
16
27.34
33.73
31.52
27.66
22.41
-7.77
105
129
105
47
57
32
Annual 2008
Mobile
Metro Area -3.55
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-10.65
15.09
-12.72
-30.01
-11.12
3.94
-13.97
-0.66
65.71
02- MidTown South
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
03- Midtown East
3
2
2012 1
Mobile Residential Report
Page - 3
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-33.79
-67.01
-20.60
-34.60
0.84
-0.07
-7.01
-16.67
16.21
-20.18
-8.81
8.08
-11.22
-16.88
13.57
9.67
-11.56
11.18
11.33
13.34
0.67
2.40
7.04
2.49
6.07
110
69
126
94
125
105
122
88
105
95
77
66
85
85
68
77
72
86
82
69
67
70
80
55
64
132
8
44
32
34
143
34
23
55
30
157
37
45
36
40
199
34
54
64
43
294
59
75
96
62
-1.13
-19.23
-41.93
-14.23
5.50
-16.76
-10.34
-6.00
-31.58
-55.35
-14.72
-41.41
-25.00
-13.93
7.09
-41.66
5.32
8.40
-31.97
-18.32
-14.58
-36.49
-36.05
71
65
66
87
107
73
63
111
79
75
84
75
82
75
71
52
100
81
81
85
79
88
84
32
39
34
104
23
32
24
24
127
23
38
29
36
115
23
33
24
35
187
41
54
45
39
Annual 2011
Mobile
Metro Area-31.30
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-66.15
-22.16
-27.19
-24.09
1.90
8.91
1.40
1.21
-15.20
-9.41
-9.96
-18.92
-11.33
10.59
8.90
7.35
9.08
7.45
6.75
0.68
2.42
2.14
6.31
-10.86
04- Dauphin Island Parkway - North
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Mobile Residential Report
-0.41
-15.36
-30.80
-17.93
-1.84
-24.84
-30.1
-6.36
-24.74
-39.56
-10.66
-21.33
-27.59
-7.84
10.62
-32.63
-8.27
14.11
-19.14
-16.78
-10.17
-19.25
-29.63
Page - 4
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-9.76
-3.28
8.12
7.00
7.50
1.04
-7.69
9.62
7.71
56
62
62
50
51
203
44
57
52
50
7.35
-9.65
-32.15
-34.60
-19.80
-9.01
-49.49
-22.82
2.42
-16.50
-24.36
28.95
-4.57
-9.70
-14.67
-7.30
-7.06
-15.54
8.71
42.27
-10.93
-10.93
9.38
9.57
-1.56
-31.17
-18.22
34.28
-24.86
4.44
-42.86
-46.82
-54.78
-18.60
-48.39
-33.33
21.08
44.33
-24.07
5.06
31.25
-12.54
-28.22
-0.06
-14.15
-13.98
3.15
23.33
-12.39
-12.39
7.78
5.88
0.00
-59.35
-19.36
46.39
66
138
109
95
163
77
78
76
81
85
102
83
71
78
104
50
53
97
67
71
64
71
65
47
48
62
59
40
28
16
17
84
17
34
16
17
74
13
14
22
23
91
24
20
22
25
124
29
37
30
27
127
35
20
16
17
28.62
21.62
-20.46
-28.78
-13.97
-29.83
-47.45
-28.64
-27.37
-29.75
-34.59
-23.50
-31.40
30.84
-9.32
-11.96
-17.86
66.00
-18.13
-24.24
8.67
-37.78
-62.41
-42.68
-25.14
-41.21
163
125
76
61
37
67
65
76
75
105
46
38
113
9
9
20
51
11
18
7
14
59
14
10
17
16
Annual 2007
Mobile
Metro Area 0.80
4
3
2
2007 1
07- MidTown West
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
09- MidCentral
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Mobile Residential Report
Page - 5
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
25.00
5.28
62.86
0.00
-0.69
-20.00
-36.83
-5.56
-22.22
-1.43
-13.39
83.70
-59.35
-19.36
46.39
78
57
69
88
92
72
34
96
83
72
58
57
62
59
40
63
13
14
22
14
85
17
17
24
26
50
26
20
16
17
10.74
-9.52
57.58
-19.41
26.79
-50.90
6.23
-26.12
-7.75
-54.42
24.31
-12.69
-8.72
-15.23
73.49
-38.77
-6.32
-36.80
-17.36
-13.24
11.68
-27.84
-1.40
-2.39
30.67
46.65
-19.99
-9.65
-13.86
-21.52
167.56
-37.14
-48.96
-59.61
60.98
-60.54
-14.53
-44.19
97.28
-49.94
10.35
-37.00
100.00
-61.89
-48.78
-52.31
-9.72
-10.22
9.33
-8.10
-16.87
-1.02
44.95
50.05
-19.58
1.53
77
99
223
73
83
69
59
85
88
92
88
81
95
73
95
76
73
60
86
62
90
102
48
56
48
44
51
88
10
17
15
73
16
17
22
18
51
9
18
13
11
56
8
16
15
17
51
17
13
10
14
57
14
28
24
24
-5.19
0.15
21.24
-17.42
26.82
8.55
66
85
136
8
22
20
Annual 2009
Mobile
Metro Area14.72
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-0.96
29.93
0.80
28.68
-14.97
-21.10
-4.83
-10.34
-13.43
-15.99
-16.98
-31.17
-18.22
34.28
10- Eight Mile/Prichard
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
11- Chickasaw
3
2
2012 1
Mobile Residential Report
Page - 6
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
Annual 2011
Mobile
Metro Area-20.61
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-35.06
-12.47
-31.95
1.47
-11.37
-29.71
-10.34
35.71
-26.43
-18.15
-5.14
-23.03
-38.96
-10.00
-1.72
-8.90
1.33
12.88
-15.13
-0.18
8.47
-7.17
-15.30
21.43
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-22.95
-16.86
-23.03
-50.43
16.40
-35.00
-55.97
-10.30
77.27
-47.50
-18.92
7.58
-36.27
-58.44
-13.61
-5.13
-13.06
-4.15
7.24
-15.13
8.83
12.15
-1.81
7.39
19.17
94
78
102
74
126
81
120
78
56
75
74
102
72
51
61
70
58
84
52
89
61
60
61
44
84
84
15
23
27
19
72
18
18
17
18
66
17
24
12
13
89
25
13
22
28
114
29
25
34
25
14.04
16.70
-19.85
-32.35
-22.06
-13.57
-44.18
-10.67
-10.05
-28.42
-21.49
-3.60
-14.68
-2.58
11.76
-19.42
-3.43
-7.72
-11.78
-19.05
-5.14
-8.03
95
97
72
82
83
85
70
86
87
88
65
116
64
63
76
58
48
72
77
72
71
76
45
42
48
212
55
53
55
48
155
31
34
56
34
212
50
60
51
50
267
44
62
83
14- Municipal Park / West Ctrl
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
Mobile Residential Report
8.04
14.51
-23.34
-23.93
-13.28
-17.79
-39.13
-3.87
-13.14
-33.47
-16.75
4.52
-21.40
-3.73
14.52
-10.88
-10.01
-1.17
-10.34
-18.40
-3.73
-8.26
Page - 7
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-3.30
-7.00
-9.09
-5.81
5.34
-17.10
3.73
6.33
-6.60
4.88
14.72
87
59
72
59
62
51
74
298
67
83
78
79
4.14
-12.04
-1.07
-8.30
-30.25
-26.14
15.56
9.49
12.14
70.45
19.79
-5.51
-6.35
-7.55
-26.40
14.43
-12.59
12.41
-4.58
-11.20
-13.02
10.15
-24.43
10.18
30.22
-17.25
14.90
18.81
-17.93
0.27
0.31
-2.98
0.97
-19.76
-16.16
10.76
5.99
35.14
51.96
17.86
-27.64
-6.71
-33.53
-21.34
-4.63
22.84
-0.06
-1.71
0.94
-13.65
7.28
17.45
29.73
-5.18
31.60
-0.67
163
105
132
147
145
158
153
126
140
173
144
127
139
94
73
90
110
105
85
124
67
95
66
73
75
78
75
72
42
52
39
172
50
46
41
35
135
27
28
53
22
183
50
48
48
36
194
31
49
60
50
253
47
72
72
59
-12.43
-8.08
-23.17
-6.74
15.44
-4.52
-4.71
-9.28
-7.95
-29.13
-13.90
2.39
98
133
102
117
128
132
92
121
88
82
112
85
70
81
53
214
48
52
58
55
230
50
48
90
2008 Metro
1
Mobile
Area-14.39
Annual 2007
4
3
2
2007 1
15- Springhill/USA
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
16- Cottage Hill North
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
Mobile Residential Report
-13.32
-5.76
-17.15
-3.59
-3.39
-0.70
-3.54
-3.36
-12.46
-21.84
-8.18
-5.22
Page - 8
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-6.05
-2.73
-7.09
-4.15
-4.36
-7.87
-4.67
-10.84
11.55
-3.62
16.44
5.19
18.78
-11.51
13.60
-8.85
75
81
82
91
79
72
82
75
89
87
72
68
67
57
72
80
40
256
61
73
64
55
306
57
82
101
64
408
97
94
119
86
-6.95
-4.00
-16.39
-2.34
8.17
-7.54
-12.34
4.54
-12.98
-17.92
-3.23
-20.70
-6.48
-15.34
-18.60
-17.27
-10.85
-17.52
1.23
2.37
3.31
5.04
-8.43
13.69
20.63
4.56
-2.65
27.08
-1.62
-0.43
-22.67
-7.98
-7.70
-13.03
-12.70
-4.22
-8.04
-8.08
-1.05
-15.00
-5.63
-4.67
-3.30
-4.33
5.30
-7.19
-6.25
-6.22
-8.26
-8.53
-4.31
8.14
2.59
9.69
4.23
15.40
82
106
119
117
115
123
102
127
84
107
77
86
72
83
83
90
74
90
82
61
74
86
95
62
73
56
55
69
52
60
52
186
48
46
42
50
178
36
47
40
51
207
46
58
66
37
242
39
57
81
63
275
48
65
85
81
-6.16
0.99
6.48
3.57
75
101
106
91
Mobile
Area-15.97
2010 Metro
1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-2.85
3.61
-12.48
-5.26
1.38
-9.60
-23.23
-20.66
-4.00
-11.67
7.75
21.07
-0.33
2.49
16.20
17- Cottage Hill South
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
18- West Mobile
3
2
Mobile Residential Report
Page - 9
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
2012 Metro
1
Mobile
Area 2.35
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-10.07
-20.26
-7.14
-8.46
1.68
-1.84
4.85
-1.56
6.31
-20.09
-6.44
-2.89
-5.16
-17.04
9.79
2.82
-10.42
3.08
6.88
3.40
-2.02
-3.06
8.74
2.68
-8.50
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-10.57
-13.49
-21.47
-14.44
-9.68
7.14
0.91
0.24
8.21
3.40
-19.08
-0.97
7.46
-10.49
-11.30
14.57
-4.32
-18.16
-1.82
5.96
-5.71
3.51
-2.06
10.24
-0.38
2.28
96
115
100
117
127
113
106
135
90
90
102
95
108
92
92
92
81
80
73
92
77
64
80
61
61
72
85
346
90
96
85
75
329
68
87
105
54
349
82
121
84
59
454
76
117
158
99
587
120
88
80
71
-10.56
-14.13
-19.18
-23.72
-6.81
6.51
-34.29
18.78
-3.36
-42.84
-21.76
37.25
-35.71
-3.25
31.84
-12.50
-22.14
7.69
2.12
-11.36
-4.25
79
77
108
114
93
116
149
94
91
103
108
83
53
67
47
60
80
87
90
93
91
43
31
35
146
37
39
39
31
155
39
24
50
25
139
42
43
26
25
19- Tillman's Corner
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
Mobile Residential Report
-3.25
-12.13
5.16
-20.11
-13.78
-1.35
-27.87
6.43
-12.60
-34.14
-22.12
39.35
-43.11
2.46
15.91
4.32
-31.53
23.50
7.81
3.98
-1.73
Page - 10
140
29
40
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
2.65
30.00
6.31
2.49
10.24
-0.38
2.28
85
94
53
57
61
61
72
40
29
162
32
88
80
71
1.20
44.09
2.52
-12.55
-70.00
104.10
-32.24
72.13
-15.58
69.88
-51.20
-10.00
30.77
10.40
9.09
13.64
-2.94
-56.12
-9.39
-52.02
10.55
5.26
5.80
13.64
81.04
3.59
38.09
15.25
151
129
92
135
60
185
142
123
107
92
132
107
85
96
89
81
137
65
117
89
83
146
186
88
63
83
82
130
31
24
21
80
15
23
28
14
95
22
25
28
17
71
10
24
22
13
86
16
30
26
10
129
19
46
36
23
114
123
125
99
87
108
104
99
112
101
94
23
30
31
121
38
32
29
22
87
21
19
2 Metro Area 7.31
Mobile
2008 1
Annual 2007
4
3
2
2007 1
21.20
4.57
-6.44
8.74
2.68
-8.50
20- Western Bay Shores
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-18.64
40.16
33.76
5.43
-55.22
113.12
6.82
15.09
15.76
136.90
-23.90
-6.84
23.15
-7.49
-25.22
1.18
-7.26
-22.77
-8.56
-14.34
7.37
-16.41
-25.30
15.97
27.47
-12.33
62.01
15.19
21- Dauphin Island Parkway - South
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
Mobile Residential Report
2.65
102.81
-9.24
-38.17
-57.36
-27.95
-32.8
-23.46
9.57
64.34
31.84
5.52
-10.81
-20.89
-33.33
-65.85
-38.11
-22.11
-9.71
12.50
118.85
29.80
Page - 11
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
13.77
-12.50
-41.61
-39.95
-26.70
-49.32
-44.44
-14.27
-20.89
-35.62
0.87
-13.25
3.06
3.89
-7.94
6.42
10.67
137
106
83
71
70
81
111
95
82
98
89
109
78
75
68
89
81
28
19
106
25
24
30
26
106
19
32
29
29
150
30
43
47
35
13.53
-6.23
-35.45
-19.05
-4.37
-21.05
-24.20
-19.09
-11.21
-15.94
-20.17
-11.65
-1.79
-1.75
-8.41
6.49
-5.00
-2.01
-4.68
-6.77
-10.60
0.79
-3.54
4.96
5.12
12.36
2.70
3.72
87
92
74
81
76
80
103
68
80
104
96
69
60
80
78
73
67
107
78
92
74
74
74
55
64
56
52
50
49
52
50
193
52
59
45
37
196
39
49
68
29
187
58
51
40
39
212
49
52
61
48
243
46
74
64
59
2 Metro Area-22.00
Mobile
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
0.57
-26.51
-13.65
-47.38
-4.04
-38.39
-22.82
-48.95
-8.38
4.27
-2.33
7.46
39.33
12.45
-7.97
17.82
22- S Mobile County / Theodore
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
Mobile Residential Report
7.88
-0.79
-26.46
-11.57
15.39
-20.10
-19.57
-9.61
-13.91
-32.05
-9.70
-13.70
-10.76
5.98
9.08
15.36
3.32
7.75
-13.87
-19.55
-21.43
-6.13
-10.68
0.26
5.19
15.53
-1.15
-16.50
Page - 12
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-38.29
-9.22
3.02
-15.59
-8.10
39.51
-43.20
-13.33
-13.65
-20.43
-8.48
25.46
-20.00
4.84
49.04
-27.74
1.85
4.45
-23.07
-34.62
8.46
-24.45
-39.42
1.04
-20.65
-10.49
5.12
22.00
115
85
149
82
73
94
81
71
80
52
105
78
100
76
100
67
61
97
79
88
71
89
59
55
60
63
37
73
12
15
19
66
14
19
18
16
66
14
15
24
13
68
16
18
22
14
70
12
19
25
14
134
28
15
52
39
6.58
0.22
-3.98
-7.35
4.47
-8.98
-5.94
4.75
-1.32
-2.16
-5.34
-3.95
-16.92
-6.37
-10.32
-8.49
-7.79
-1.83
157
138
110
145
125
144
132
189
108
101
114
90
129
85
59
87
100
103
76
88
68
286
61
73
93
57
288
60
67
101
34
290
79
80
81
50
Mobile
Metro
23- Grand
Bay Area
North
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-30.40
-39.43
32.45
-10.18
-15.60
15.71
-12.9
-19.79
3.62
-7.21
-9.25
12.64
6.00
-3.19
12.04
-20.31
11.53
-11.12
-19.40
-5.41
7.23
-28.19
-31.43
4.54
-24.21
-12.87
18.72
27.26
24- West Mobile County
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Mobile Residential Report
15.94
-7.16
-2.29
-8.80
-11.87
-16.13
0.61
-5.67
-0.70
6.65
0.39
-7.20
-6.59
-8.31
-8.16
-12.02
-4.65
-9.31
Page - 13
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-12.88
-8.53
1.78
2.05
8.36
3.60
14.01
7.36
11.14
-1.58
-7.07
-3.93
6.70
-0.58
8.89
6.32
16.44
5.95
15.02
97
91
81
96
102
64
68
66
65
59
359
48
125
124
80
501
120
130
149
103
6.33
-13.27
-9.21
-10.65
3.64
-17.90
-9.47
11.2
-3.57
-9.93
2.69
0.07
-32.28
-6.89
-21.41
-7.60
1.26
18.99
11.98
21.93
2.16
2.75
7.36
1.74
5.13
6.11
12.00
26.33
12.41
-16.37
-9.21
-10.49
0.08
-21.54
-7.04
25.91
-0.87
-9.79
5.36
2.38
-37.61
-4.19
-25.39
-9.01
-1.28
21.65
12.68
35.06
7.71
9.69
13.96
5.28
11.00
4.59
6.15
25.39
73
94
112
113
123
115
112
104
104
133
121
100
66
90
92
80
97
94
66
56
61
80
80
68
79
63
64
77
79
66
59
246
55
64
79
45
272
47
58
105
31
273
67
77
69
59
290
60
66
73
70
268
52
74
85
63
-13.64
-1.75
4.52
-0.99
4.72
-1.74
-16.81
101.61
96
57
112
94
94
86
83
108
34
47
39
173
43
32
47
51
Annual 2008
Mobile
Metro Area -4.63
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
25- Semmes
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
26- Semmes / Wilmer Lott Rd
3
2
2012 1
Annual 2011
4
3
2
2011 1
Mobile Residential Report
-1.28
10.32
-6.01
-12.91
-12.61
-10.25
-27.42
41.19
Page - 14
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-13.31
-11.05
6.79
-36.52
-6.01
5.36
-11.72
-7.88
-4.35
-3.16
-10.26
3.47
-6.96
3.91
-1.49
-14.60
0.90
-0.20
-30.96
-7.42
-4.16
-7.86
-4.08
-51.30
-11.12
-9.05
-11.64
-11.86
-9.70
1.03
-10.00
-4.45
5.92
3.80
2.72
-4.93
10.39
0.43
-20.11
99
98
102
100
84
77
80
96
67
69
89
67
81
83
123
80
92
84
78
72
157
35
37
55
21
201
49
46
68
37
212
45
53
62
49
245
49
68
69
39
10.56
-21.81
-3.46
2.16
-22.63
-11.11
38.42
2.65
-6.46
-11.03
-5.17
-27.00
-4.57
-0.29
-4.16
-7.50
13.08
2.09
-6.86
-9.26
-13.40
-7.04
0.50
8.09
5.26
9.49
5.79
-4.12
6.05
-12.15
-4.07
2.64
-10.99
-14.00
31.03
-0.84
-3.00
12.83
0.00
-15.40
-1.88
1.71
-3.72
4.34
-1.59
3.16
-8.90
-10.37
-9.24
-5.65
-6.79
8.40
10.29
2.96
-4.55
14.26
87
129
104
105
76
122
101
114
101
98
116
94
96
95
98
92
107
90
83
66
99
89
80
61
67
71
52
55
37
32
37
146
27
44
45
30
148
36
35
35
39
117
32
38
34
15
120
29
29
33
27
133
33
35
36
46
Annual 2010
Mobile
Metro Area -7.46
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
27- Saraland
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
Mobile Residential Report
Page - 15
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-7.99
-11.39
-22.06
-4.91
-16.67
-10.29
8.42
22.60
1.49
17.80
-2.79
0.78
-6.72
-9.40
-9.32
-6.73
-16.48
-4.66
0.27
-2.72
-9.27
-0.87
-0.10
3.07
1.94
22.55
5.19
1.79
96
75
100
102
93
88
122
107
99
86
109
100
93
86
75
84
93
74
96
73
87
100
108
66
73
66
80
56
22
31
24
100
29
29
32
10
127
24
39
36
25
91
28
27
20
14
126
20
29
42
34
161
34
24
41
44
-7.29
20.00
193.39
-0.17
83.97
2.13
-39.40
100.00
15.23
-32.22
0.00
135.72
-100.00
-39.88
37.29
-40.88
-68.18
-44.44
79
93
133
93
77
75
125
230
97
68
104
115
70
102
136
78
33
124
4
7
3
18
5
9
1
2
22
5
9
6
2
23
8
7
3
5
Mobile
Metro/ Area
28- Saraland
Satsuma Axis / Creola
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
6.21
-16.87
-23.26
0.03
0.37
-10.09
2.56
21.54
-7.17
3.17
-10.20
1.04
-22.79
-8.05
-12.82
0.82
-16.31
1.12
-1.51
2.69
-13.38
-7.68
5.81
3.58
-5.30
32.34
26.54
-2.12
29- NE Mobile City / Mt Vernon
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Mobile Residential Report
1.07
32.95
167.22
7.76
87.27
22.28
-40.46
-67.19
-11.06
-46.73
-16.74
157.09
121.21
-17.35
101.33
-30.84
-74.61
-40.21
Page - 16
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-15.02
-9.18
52.04
-47.29
-16.47
-46.89
-37.32
-27.97
93.94
-0.84
18.00
6.00
38.71
-20.28
-14.07
-54.65
-33.92
-26.52
37.39
99
86
59
90
155
75
34
69
71
146
27
7
6
7
7
43
9
15
12
7
-2.54
-18.56
-11.11
-0.93
-2.75
-0.32
13.5
-20.48
-3.31
-5.75
-10.07
-12.22
35.10
-25.45
-35.98
-17.85
-24.11
-39.95
1.91
46.99
9.66
-13.95
18.16
-19.65
-20.50
-35.98
-3.96
-35.80
5.43
0.47
-40.24
-12.45
0.08
-3.57
-10.21
-24.53
5.33
2.88
5.05
2.84
32.12
-19.64
-4.44
-26.84
-33.77
-22.02
5.66
-6.25
18.00
-14.81
1.98
-27.79
-4.95
-20.34
-5.59
-32.40
215
234
245
206
310
262
145
164
147
246
119
121
119
157
141
163
118
292
294
364
431
149
220
177
137
67
210
171
17
21
14
60
14
10
24
12
55
12
9
18
16
50
12
14
18
6
41
6
14
11
10
39
10
4
16
12
53.77
15.65
34.51
-13.70
47.24
-49.52
197
174
102
86
72
94
5
13
5
34
12
10
Annual 2008
Mobile
Metro Area -8.21
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
30- Dauphin Island
3
2
2012 1
Annual 2011
4
3
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
31- NW Mobile City / Citronelle
3
2
2012 1
Annual 2011
4
3
Mobile Residential Report
18.14
7.49
40.76
-20.47
31.45
-35.40
Page - 17
Price Appreciation % by Zone
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
-6.18
-4.82
-15.53
-15.98
1.94
-1.74
24.56
-3.93
15.48
-18.42
55.41
-49.83
-11.94
-32.80
23.77
-26.22
-14.26
10.78
4.64
-2.86
21.33
-2.86
86
98
118
202
113
88
79
81
53
106
116
36
88
139
78
84
77
114
90
100
125
135
4
8
43
8
13
11
10
37
10
12
8
7
40
6
16
10
8
54
11
13
18
12
2 Metro Area-28.02
Mobile
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-34.71
10.78
1.73
15.42
13.95
-0.48
-13.13
-34.50
-24.32
31.16
-4.10
5.10
3.63
25.64
0.52
17.93
-4.04
20.30
-2.30
-20.38
-0.82
* Figures represent 4-quarter or annual price appreciation calculated from the same quarter one year earlier. For example, the
Downtown median percent change between 2010 Q2 and 2011 Q2 equaled 95.85% change on the 8 sold properties.
For further information please contact:
Professor Don Epley, Director, Center for Real Estate Studies
E-mail: [email protected]
Phone: 251.460.6735
MLS Office: 251.479.8654
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 - 18
Price Appreciation % by Zone
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