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 One 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 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 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 One 2009 Annual 2010 Qtr 1 2010 Qtr 2 2010 Qtr 3 2010 Qtr 4 2010 Annual 2011 Qtr 1 2011 Qtr 2 2011 Qtr 3 2011 Qtr4 2011 Annual 2012 Qtr 1 93 38 29 38 38 144 49 60 65 54 229 73 284 79 81 85 68 317 93 103 133 112 442 122 240 46 64 57 55 223 57 77 87 82 304 81 283 58 69 58 68 257 72 87 83 91 335 93 449 62 112 83 77 338 77 79 93 89 337 81 517 84 118 84 78 376 64 91 91 74 320 65 611 65 136 82 71 376 81 98 90 72 342 80 under $140,000 $140000-159999 $160000-179999 $180000-199999 $200000-219999 $220000-239999 $240000-259999 $260000-279999 $280000-299999 2477 432 609 487 455 2031 493 595 642 574 2309 595 449 52 98 68 74 308 71 67 49 57 245 68 380 34 80 52 32 207 46 49 58 43 196 45 279 18 65 41 34 177 32 33 38 31 134 25 165 12 61 23 19 126 19 39 27 22 108 21 196 22 36 14 17 97 9 25 16 17 67 17 127 16 20 20 17 78 17 22 21 16 76 7 $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 113 8 27 21 10 72 10 19 13 13 55 10 69 7 18 6 4 42 8 11 11 7 38 12 129 14 18 16 10 59 12 13 12 14 51 8 75 2 11 10 8 32 3 20 10 7 40 6 53 1 5 7 8 21 10 9 8 2 29 5 34 4 8 2 2 16 0 1 1 2 4 0 21 2 5 2 4 13 2 3 4 3 12 2 13 2 4 3 0 11 3 2 2 1 8 0 10 0 0 0 0 1 1 2 1 0 4 2 6 0 2 2 2 6 0 0 1 0 1 4 3 0 0 0 1 1 0 1 2 1 4 1 3 0 2 0 0 2 0 1 0 0 1 0 Page - 2 Price Range of Sold Properties Price Range of Sold Properties 2012 - Quarter One 2009 Annual 2010 Qtr 1 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 $800000-849999 $850000-899999 $900000-949999 $950000-999999 4 0 0 0 2 2 0 0 0 0 0 0 3 0 0 1 0 1 2 0 0 2 4 2 4 0 0 0 0 0 0 1 1 0 2 1 0 1 0 0 0 1 0 0 0 0 0 0 $1m-1199999 $1.2m-1399999 $1.4m-1599999 $1.6m-1799999 $1.8m-1999999 $2.0m and over 4 0 0 0 0 0 0 2 0 0 2 2 Price Range 3 0 0 1 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 2 2 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 $1.35m $2.016m $1.375m $900,000 $882,500 $1.375m $1.309m $4,800 $6,000 $4,500 $5,000 $3,050 $1,500 $2,500 $132,580 $118,498 $114,411 $122,007 $116,838 108 114 105 110 108 Highest Price $2.2m Lowest Price $2,000 Avg Sales Price Avg Days on Mkt $950,000 $773,000 $3,500 $4,000 $2.016m $850,000 $3,500 $1,500 $158,600 $120,773 $143,781 $132,871 $135,376 $136,493 $121,642 96 88 94 101 110 98 113 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 Susan Grimsley, Research Associate 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