CENTER FOR REAL ESTATE STUDIES
Mobile Residential Report:
Four-Quarter Price Appreciation %
2001 - Current
2012 - Quarter One
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
The data was assembled by Susan Grimsley, Research Associate
USA takes reasonable measures to ensure the quality of the data and other information produced. However, USA makes no warranty,
express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information, nor
represents that 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
Quarterly Price Appreciation %
Four-Quarter Price Appreciation (%)
2012 - Quarter One
4 - Qtr
4 - Qtr
4 - Qtr
4 - Qtr
4 - Qtr
Avg Sales
Avg Sales Conv Sales FHA Sales
Median Sales
Price *
Price S.F. * Price S.F. * Price S.F. *
Price *
%
%
%
%
%
4 - Qtr
Cash Sales
Price S.F. *
%
Zone
Year
Qtr
2012 1
4
45
44
-3.9
-15.5
-17.0
-15.0
-12.3
-1.5
-7.4
-14.3
-4.3
-9.5
-7.3
-15.2
3
2
2011 1
4
3
2
2010 1
4
3
2
2009 1
4
3
2
2008 1
4
3
2
2007 1
4
3
2
2006 1
4
3
2
2005 1
4
3
2
2004 1
4
3
2
2003 1
4
3
43
42
41
40
39
38
37
36
35
34
33
32
31
30
29
28
27
26
25
24
23
22
21
20
19
18
17
16
15
14
13
12
11
10
9
8
7
-10.8
-7.8
0.7
-2.7
-6.7
-3.2
-13.9
-2.1
-8.7
-8.7
-2.8
-10.5
0.0
-0.8
-5.0
3.3
-3.1
3.7
4.1
8.1
10.7
3.7
18.5
18.7
11.9
15.3
5.4
7.7
9.6
9.6
2.7
-1.8
1.0
0.5
8.2
8.7
5.0
-13.5
-10.8
2.1
-12.0
-9.4
-2.0
-15.1
2.0
-7.5
-6.6
-2.3
-10.2
1.7
-1.1
-0.8
-0.6
-2.0
11.9
4.1
9.8
15.1
11.7
17.5
20.5
17.5
12.9
8.5
8.2
1.8
5.6
3.1
-0.3
0.9
4.9
5.6
4.1
9.2
-7.0
-13.8
-1.5
-15.4
-9.0
0.0
-12.0
2.6
-8.2
-7.0
-7.4
0.0
0.0
-4.4
-4.7
-2.3
-2.3
5.0
6.3
8.9
13.0
5.0
15.9
19.7
11.6
15.9
7.8
4.8
9.5
7.8
4.9
1.6
0.0
1.6
1.7
3.3
1.6
-12.0
-13.2
6.6
-5.6
-8.8
-1.1
-9.5
3.5
-5.2
-4.2
-7.7
-8.5
4.4
4.4
-7.1
6.8
5.8
4.9
8.6
10.0
8.8
4.9
12.5
15.9
11.1
12.5
5.9
7.8
5.9
7.5
4.6
-3.0
1.5
0.0
1.6
3.1
3.1
-10.5
-13.8
-6.7
-6.3
-8.4
-2.4
-6.3
-1.3
-1.2
-2.4
-2.4
-2.4
5.0
-1.2
0.0
1.2
-1.2
17.9
9.3
12.5
19.1
17.9
11.9
14.3
9.7
6.3
8.1
0.0
1.6
1.6
1.6
5.0
3.4
5.1
7.0
1.7
3.5
-9.1
-13.7
-14.6
-16.4
-15.4
-8.9
2.1
5.8
-13.3
-12.5
-20.3
-29.7
-6.3
-21.0
-19.2
-5.1
-26.1
3.8
-1.4
-1.3
22.2
3.8
25.4
43.6
10.8
31.7
7.3
5.8
30.0
7.1
10.0
4.0
-18.0
1.8
-2.0
6.4
5.2
Mobile Residential Report
Page 2
Quarterly Price Appreciation %
First Quarter Price Appreciation (%)
2012 - Quarter One
Zone
Year
2
2002 1
4
3
2
2001 1
Qtr
6
5
4
3
2
1
4 - Qtr
4 - Qtr
4 - Qtr
4 - Qtr
4 - Qtr
Avg Sales
Avg Sales Conv Sales FHA Sales
Median Sales
Price *
Price S.F. * Price S.F. * Price S.F. *
Price *
%
%
%
%
%
0.3
-1.8
0.7
-1.2
5.0
6.2
2.3
0.4
8.8
-0.4
2.6
3.5
1.6
0.0
3.4
3.3
1.6
7.1
1.5
0.0
3.2
1.6
3.1
6.7
4 - Qtr
Cash Sales
Price S.F. *
%
7.3
1.8
9.3
5.6
3.8
7.7
-11.3
-7.3
-14.5
-3.3
-1.6
0.0
* Figures represent 4-quarters or annual price appreciation calculated from the same quarter one
year earlier. For example, the figure of 10.7% under Average Sales Price represents the % change
between 2005 Q3 and 2006 Q3.
All data supplied by the Mobile Multi-List, 251.479.8654.
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
Analysis completed by:
Susan Grimsley, Research Associate
Center for Real Estate Studies
Mitchell College of Business
University of South Alabama
USA takes reasonable measures to ensure the quality of the data and other information produced. However, USA makes no warranty,
express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information, nor
represents that 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
Quarterly Price Appreciation %