Document 11192499

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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
Winter 2011
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 Meredith McCutchen, 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
Winter 2011
2009
Qrt 4
2009
Annual
2010
Qrt 1
2010
Qrt 2
2010
Qrt 3
2010
Qrt 4
2010
Annual
2011
Qrt 1
2011
Qrt 2
12
93
38
29
38
38
144
49
60
61
284
79
81
85
68
317
93
103
41
240
46
64
57
55
223
57
77
65
283
58
69
58
68
257
72
87
112
449
62
112
83
77
338
77
79
114
517
84
118
84
78
376
64
91
128
611
65
136
82
71
376
81
98
under $140,000
$140000-159999
$160000-179999
$180000-199999
$200000-219999
$220000-239999
$240000-259999
$260000-279999
$280000-299999
533
2477
432
609
487
455
2031
493
595
96
449
52
98
68
74
308
71
67
59
380
34
80
52
32
207
46
49
42
279
18
65
41
34
177
32
33
24
165
12
61
23
19
126
19
39
22
196
22
36
14
17
97
9
25
19
127
16
20
20
17
78
17
22
16
113
8
27
21
10
72
10
19
7
69
7
18
6
4
42
8
11
$300000-349999
$350000-399999
$400000-449999
$450000-499999
$500000-549999
$550000-599999
$600000-649999
$650000-699999
$700000-749999
$750000-799999
19
129
14
18
16
10
59
12
13
7
75
2
11
10
8
32
3
20
10
53
1
5
7
8
21
10
9
2
34
4
8
2
2
16
0
1
2
21
2
5
2
4
13
2
3
1
13
2
4
3
0
11
3
2
1
10
0
0
0
0
1
1
2
0
6
0
2
2
2
6
0
0
0
3
0
0
0
1
1
0
1
1
3
0
2
0
0
2
0
1
Price Range
$0-19999
$20000-39999
$40000-59999
$60000-79999
$80000-99999
$100000-119999
$120000-139999
Mobile Residential Report
Page - 2
2011
Qrt 3
65
133
87
83
93
91
90
2011
Qtr4
2011
Annual
54
112
82
91
89
74
72
229
442
304
335
337
320
342
642
49
58
38
27
16
21
13
11
574
57
43
31
22
17
16
13
7
2309
245
196
134
108
67
76
55
38
12
10
8
1
4
2
1
1
2
0
14
7
2
2
3
1
0
0
1
0
51
40
29
4
12
8
4
1
4
1
Price Range of Sold Properties
Price Range of Sold Properties
Winter 2011
Price Range
$800000-849999
$850000-899999
$900000-949999
$950000-999999
2009
Qrt 4
2009
Annual
2010
Qrt 1
2010
Qrt 2
2010
Qrt 3
2010
Qrt4
2010
Annual
2011
Qrt 1
2011
Qrt 2
1
4
0
0
2
2
0
0
0
3
0
0
0
1
2
0
0
0
0
1
0
1
0
0
0
4
0
0
0
0
1
0
0
1
0
0
1
4
0
0
0
0
0
0
2
0
3
0
0
1
0
1
0
1
0
1
0
0
0
0
0
0
0
0
3
0
0
0
2
2
0
0
0
1
0
0
0
0
0
0
0
0
1
0
0
0
1
1
0
0
Highest Price
$1.1m
$2.2m
$1.35m
$2.016m
Lowest Price
$9,500
$2,000
$4,800
$6,000
$1m-1199999
$1.2m-1399999
$1.4m-1599999
$1.6m-1799999
$1.8m-1999999
$2.0m and over
Avg Sales Price
$139,261 $158,600
Avg Days on Mkt
86
96
$950,000 $773,000
$3,500
$4,000
$2.016m $850,000
$3,500
$1,500
$120,773 $143,781 $132,871 $135,376 $136,493 $121,642
88
94
101
110
98
113
$1.375m
$4,500
$132,580
108
2011
Qrt 3
0
0
1
0
2011
Qtr 4
2011
Annual
0
2
0
0
0
4
2
0
0
0
0
0
0
0
0
0
0
0
0
0
2
1
0
0
0
0
$900,000 $882,500 $1.375m
$5,000
$3,050
$1,500
$118,498 $114,411 $122,007
114
105
110
All data supplied by the Mobile Multi-List: 251.479.8654
For further information please contact:
Dr. Don Epley, Director, Center for Real Estate Studies
E-mail: depley@usouthal.edu
Phone: 251.460.6735
Analysis completed by:
Meredith McCutchen, 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
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