CENTER FOR REAL ESTATE STUDIES
Mobile Residential Report:
Four-Quarter Price Appreciation
% by Zone
2007 - Current
Fall 2011
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/
The data was assembled by Susan Ramsay, Research Associate
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.
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
Mobile Residential Report
4 - Qtr Median
Sale Price * %
Page - 1
Average Days
on Market
Number
Sold
Price Appreciation % by Zone
Mobile Metro Area
3
-10.82
-13.51
114
917
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
-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
-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
108
113
98
110
101
94
88
84
82
82
85
89
85
78
83
88
89
66
70
64
65
66
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
3
162.13
1308.33
233
4
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
95.85
39.23
-10.47
-7.50
-30.46
-29.03
1.18
-30.03
0.04
-37.97
-37.37
-52.46
-3.55
-10.65
15.09
-12.72
-30.01
-11.12
107.23
165.00
-24.71
11.90
-86.52
42.22
-51.92
-36.33
64.32
-38.45
-72.67
-69.39
0.56
-61.96
28.53
-28.63
-73.80
-14.63
91
94
98
147
48
47
92
113
180
55
29
252
85
37
107
76
131
77
8
8
19
7
5
1
6
27
5
11
5
5
40
9
7
15
9
52
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
4
3.94
11.77
79
20
01- Downtown
Mobile Residential Report
Page - 2
Price Appreciation % by Zone
3
2
2007 1
-13.97
-0.66
65.71
9.76
15.70
12.72
92
70
112
11
13
4
02- MidTown South
3
-16.22
-62.07
119
9
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
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
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
95
88
101
89
91
66
179
93
85
120
96
32
68
46
57
91
63
54
60
64
55
64
15
6
26
8
7
6
5
37
11
12
10
2
51
13
10
20
7
62
19
14
13
16
3
-22.16
-20.60
126
44
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
-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
-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
94
125
105
122
88
105
95
77
66
85
85
68
77
72
32
34
143
34
23
55
30
157
37
45
36
40
199
34
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
3
2
9.08
7.45
11.18
11.33
86
82
54
64
03- Midtown East
Mobile Residential Report
Page - 3
Price Appreciation % by Zone
2008 1
Annual 2007
4
3
2
2007 1
6.75
0.68
2.42
2.14
6.31
-10.86
13.34
0.67
2.40
7.04
2.49
6.07
69
67
70
80
55
64
43
294
59
75
96
62
04- Dauphin Island Parkway - North
3
-24.84
-16.76
73
32
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
-30.10
-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
0.80
-9.76
-3.28
8.12
7.00
-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
7.50
1.04
-7.69
9.62
7.71
63
111
79
75
84
75
82
75
71
52
100
81
81
85
79
88
84
56
62
62
50
51
24
24
127
23
38
29
36
115
23
33
24
35
187
41
54
45
39
203
44
57
52
50
07- MidTown West
3
-9.01
-18.60
77
34
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
-49.49
-22.82
2.42
-16.50
-24.36
28.95
-4.57
-9.70
-14.67
-7.30
-48.39
-33.33
21.08
44.33
-24.07
5.06
31.25
-12.54
-28.22
-0.06
78
76
81
85
102
83
71
78
104
50
16
17
74
13
14
22
23
91
24
20
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
2
2009 1
Annual 2008
-7.06
-15.54
8.71
-14.15
-13.98
3.15
53
97
67
22
25
124
Mobile Residential Report
Page - 4
Price Appreciation % by Zone
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
42.27
-10.93
-10.93
9.38
9.57
-1.56
-31.17
-18.22
34.28
23.33
-12.39
-12.39
7.78
5.88
0.00
-59.35
-19.36
46.39
71
64
71
65
47
48
62
59
40
29
37
30
27
127
35
20
16
17
3
-29.83
-18.13
67
18
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
-47.45
-28.64
-27.37
-29.75
-34.59
-23.50
-31.40
14.72
-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
-24.24
8.67
-37.78
-62.41
-42.68
-25.14
-41.21
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
65
76
75
105
46
38
113
78
57
69
88
92
72
34
96
83
72
58
57
62
59
40
7
14
59
14
10
17
16
63
13
14
22
14
85
17
17
24
26
50
26
20
16
17
09- MidCentral
10- Eight Mile/Prichard
3
-50.90
-59.61
69
17
2
2011 1
Annual 2010
4
3
2
6.23
-26.12
-7.75
-54.42
24.31
-12.69
60.98
-60.54
-14.53
-44.19
97.28
-49.94
59
85
88
92
88
81
22
18
51
9
18
13
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
2010 1
Annual 2009
4
3
-8.72
-15.23
73.49
-38.77
10.35
-37.00
100.00
-61.89
95
73
95
76
11
56
8
16
Mobile Residential Report
Page - 5
Price Appreciation % by Zone
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-6.32
-36.80
-17.36
-13.24
11.68
-27.84
-1.40
-2.39
30.67
46.65
-19.99
-9.65
-48.78
-52.31
-9.72
-10.22
9.33
-8.10
-16.87
-1.02
44.95
50.05
-19.58
1.53
73
60
86
62
90
102
48
56
48
44
51
88
15
17
51
17
13
10
14
57
14
28
24
24
3
-12.47
-23.03
102
23
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
-31.95
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
-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
74
126
81
120
78
56
75
74
102
72
51
61
70
58
84
52
89
61
60
61
44
84
27
19
72
18
18
17
18
66
17
24
12
13
89
25
13
22
28
114
29
25
34
25
11- Chickasaw
14- Municipal Park / West Ctrl
3
-17.79
-13.57
85
53
2
2011 1
-39.13
-3.87
-44.18
-10.67
70
86
55
48
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
Annual 2010
4
3
2
2010 1
-13.14
-33.47
-16.75
4.52
-21.40
-10.05
-28.42
-21.49
-3.60
-14.68
87
88
65
116
64
155
31
34
56
34
Mobile Residential Report
Page - 6
Price Appreciation % by Zone
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
3
2
2007 1
-3.73
14.52
-10.88
-10.01
-1.17
-10.34
-18.40
-3.73
-8.26
-14.39
-3.30
-7.00
-9.09
-5.81
5.34
-2.58
11.76
-19.42
-3.43
-7.72
-11.78
-19.05
-5.14
-8.03
-17.10
3.73
6.33
-6.60
4.88
14.72
63
76
58
48
72
77
72
71
76
87
59
72
59
62
51
212
50
60
51
50
267
44
62
83
74
298
67
83
78
79
3
-26.14
-19.76
158
46
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
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
-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
153
126
140
173
144
127
139
94
73
90
110
105
85
124
67
95
66
73
75
78
75
72
41
35
135
27
28
53
22
183
50
48
48
36
194
31
49
60
50
253
47
72
72
59
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
15- Springhill/USA
16- Cottage Hill North
3
-0.70
-4.52
132
52
2
2011 1
Annual 2010
4
-3.54
-3.36
-12.46
-21.84
-4.71
-9.28
-7.95
-29.13
92
121
88
82
58
55
230
50
Mobile Residential Report
Page - 7
Price Appreciation % by Zone
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
-8.18
-5.22
-15.97
-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
-13.90
2.39
-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
112
85
75
81
82
91
79
72
82
75
89
87
72
68
67
57
72
80
48
90
40
256
61
73
64
55
306
57
82
101
64
408
97
94
119
86
17- Cottage Hill South
3
-7.54
-13.03
123
46
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
-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
-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
102
127
84
107
77
86
72
83
83
90
74
90
82
61
74
86
95
62
42
50
178
36
47
40
51
207
46
58
66
37
242
39
57
81
63
275
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
4
3
2
2007 1
20.63
4.56
-2.65
27.08
2.59
9.69
4.23
15.40
73
56
55
69
48
65
85
81
3
-7.14
-14.44
117
96
2
-8.46
-9.68
127
85
18- West Mobile
Mobile Residential Report
Page - 8
Price Appreciation % by Zone
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
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
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
113
106
135
90
90
102
95
108
92
92
92
81
80
73
92
77
64
80
61
61
72
75
329
68
87
105
54
349
82
121
84
59
454
76
117
158
99
587
120
88
80
71
19- Tillman's Corner
3
-1.35
6.51
116
39
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
-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
-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
149
94
91
103
108
83
53
67
47
60
80
87
90
93
39
31
155
39
24
50
25
139
42
43
26
25
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
3
2
2008 1
Annual 2007
4
3
2
2007 1
-1.73
7.31
21.20
4.57
-6.44
8.74
2.68
-8.50
-4.25
2.65
30.00
6.31
2.49
10.24
-0.38
2.28
91
85
94
53
57
61
61
72
40
40
29
162
32
88
80
71
Mobile Residential Report
Page - 9
140
29
Price Appreciation % by Zone
20- Western Bay Shores
3
113.12
104.10
185
23
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
6.82
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
-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
142
123
107
92
132
107
85
96
89
81
137
65
117
89
83
146
186
88
63
83
82
130
28
14
95
22
25
28
17
71
10
24
22
13
86
16
30
26
10
129
19
46
36
23
21- Dauphin Island Parkway - South
3
-27.95
-38.11
108
32
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
-32.80
-23.46
9.57
64.34
31.84
-22.00
0.57
-26.51
-13.65
-47.38
-22.11
-9.71
12.50
118.85
29.80
13.77
-12.50
-41.61
-39.95
-26.70
104
99
112
101
94
137
106
83
71
70
29
22
87
21
19
28
19
106
25
24
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
2
2009 1
Annual 2008
4
3
2
2008 1
Annual 2007
4
-4.04
-38.39
-22.82
-48.95
-8.38
4.27
-2.33
7.46
39.33
-49.32
-44.44
-14.27
-20.89
-35.62
0.87
-13.25
3.06
3.89
81
111
95
82
98
89
109
78
75
30
26
106
19
32
29
29
150
30
Mobile Residential Report
Page - 10
Price Appreciation % by Zone
3
2
2007 1
12.45
-7.97
17.82
-7.94
6.42
10.67
68
89
81
43
47
35
22- S Mobile County / Theodore
3
-20.10
-21.05
80
59
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
-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
-24.2
-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
103
68
80
104
96
69
60
80
78
73
67
107
78
92
74
74
74
55
64
56
52
50
45
37
196
39
49
68
29
187
58
51
40
39
212
49
52
61
48
243
46
74
64
59
23- Grand Bay North
3
15.71
39.51
94
19
2
2011 1
Annual 2010
4
3
2
-12.90
-19.79
3.62
-7.21
-9.25
12.64
-43.20
-13.33
-13.65
-20.43
-8.48
25.46
81
71
80
52
105
78
18
16
66
14
15
24
Zone / Year
Quarter
4 - Qtr Average
Sale Price * %
4 - Qtr Median
Sale Price * %
Average Days
on Market
Number
Sold
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
6.00
-3.19
12.04
-20.31
11.53
-11.12
-19.40
-5.41
7.23
-28.19
-20.00
4.84
49.04
-27.74
1.85
4.45
-23.07
-34.62
8.46
-24.45
100
76
100
67
61
97
79
88
71
89
13
68
16
18
22
14
70
12
19
25
Mobile Residential Report
Page - 11
Price Appreciation % by Zone
2008 1
Annual 2007
4
3
2
2007 1
-31.43
4.54
-24.21
-12.87
18.72
27.26
-39.42
1.04
-20.65
-10.49
5.12
22.00
59
55
60
63
37
73
14
134
28
15
52
39
24- West Mobile County
3
-16.13
-8.98
144
73
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
0.61
-5.67
-0.70
6.65
0.39
-7.20
-6.59
-8.31
-8.16
-12.02
-4.65
-9.31
-4.63
-12.88
-8.53
1.78
2.05
8.36
3.60
14.01
7.36
11.14
-5.94
4.75
-1.32
-2.16
-5.34
-3.95
-16.92
-6.37
-10.32
-8.49
-7.79
-1.83
-1.58
-7.07
-3.93
6.70
-0.58
8.89
6.32
16.44
5.95
15.02
132
189
108
101
114
90
129
85
59
87
100
103
97
91
81
96
102
64
68
66
65
59
93
57
288
60
67
101
34
290
79
80
81
50
359
48
125
124
80
501
120
130
149
103
3
-17.90
-21.54
115
64
2
2011 1
-9.47
11.20
-7.04
25.91
112
104
79
45
25- Semmes
Mobile Residential Report
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
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
-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
-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
104
133
121
100
66
90
92
80
97
94
66
56
61
80
80
68
79
63
64
77
272
47
58
105
31
273
67
77
69
59
290
60
66
73
70
268
52
74
85
63
26- Semmes / Wilmer Lott Rd
3
-10.25
-1.74
86
32
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
-27.42
41.19
-7.46
-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
-16.81
101.61
-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
83
108
99
98
102
100
84
77
80
96
67
69
89
67
81
83
123
80
92
84
78
72
47
51
157
35
37
55
21
201
49
46
68
37
212
45
53
62
49
245
49
68
69
39
Mobile Residential Report
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
3
-11.11
-14.00
122
44
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
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
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
101
114
101
98
116
94
96
95
98
92
107
90
83
66
99
89
80
61
67
71
52
55
45
30
148
36
35
35
39
117
32
38
34
15
120
29
29
33
27
133
33
35
36
46
27- Saraland
28- Saraland / Satsuma Axis / Creola
3
-10.09
-10.29
88
29
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
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
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
122
107
99
86
109
100
93
86
75
84
93
74
96
73
87
100
108
66
32
10
127
24
39
36
25
91
28
27
20
14
126
20
29
42
34
161
Mobile Residential Report
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
4
3
2
2007 1
-5.30
32.34
26.54
-2.12
1.94
22.55
5.19
1.79
73
66
80
56
34
24
41
44
29- NE Mobile City / Mt Vernon
3
22.28
2.13
75
9
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
-40.46
-67.19
-11.06
-46.73
-16.74
157.09
121.21
-17.35
101.33
-30.84
-74.61
-40.21
-8.21
-15.02
-9.18
52.04
-47.29
-16.47
-46.89
-37.32
-27.97
93.94
-39.40
100.00
15.23
-32.22
0.00
135.72
-100.00
-39.88
37.29
-40.88
-68.18
-44.44
-0.84
18.00
6.00
38.71
-20.28
-14.07
-54.65
-33.92
-26.52
37.39
125
230
97
68
104
115
70
102
136
78
33
124
99
86
59
90
155
75
34
69
71
146
1
2
22
5
9
6
2
23
8
7
3
5
27
7
6
7
7
43
9
15
12
7
30- Dauphin Island
3
-0.32
-3.57
262
10
2
2011 1
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
13.50
-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
-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
145
164
147
246
119
121
119
157
141
163
118
292
294
364
24
12
55
12
9
18
16
50
12
14
18
6
41
6
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
3
2
2008 1
Annual 2007
4
3
2
2007 1
9.66
-13.95
18.16
-19.65
-20.50
-35.98
-3.96
-35.80
18.00
-14.81
1.98
-27.79
-4.95
-20.34
-5.59
-32.40
431
149
220
177
137
67
210
171
14
11
10
39
10
4
16
12
31- NW Mobile City / Citronelle
3
-35.40
-49.52
94
10
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
-28.02
-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
-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
* 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: depley@usouthal.edu
Phone: 251.460.6735
MLS Office: 251.479.8654
Analysis completed by:
Susan Ramsay, 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 - 16
Price Appreciation % by Zone