Baldwin County Association of REALTORS® 23280 County Road 65, Robertsdale, AL 36567 Telephone: 251-947-3777 Fax: 251-947-3788 Website: http://www.southalabamamls.com E-mail: Marthataylor@baldwinrealtors.org Baldwin County Association of REALTORS® Newsletter Baldwin County Four-Quarter Price Appreciation Change % by Region 2012 Quarter 4 This report is available on the Center for Real Estate & Economic Development website: http://cres.southalabama.edu/ The data was assembled by Meredith McCutchen, Senior Research Analyst 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. Baldwin County by Region 4-Qtr 4-Qtr Total Average Median Sale Price* Sale Price* Sold % % Zone Year Quarter Average Days on Market Zone Year Quarter Baldwin County Average Days on Market North Region Annual 2012 13.23 11.54 3925 178 Annual 2012 2012 4 14.63 18.73 893 169 2012 3 16.94 7.83 1019 2012 2 14.13 10.88 2012 1 4.85 1.26 0.39 2.19 4.88 -4.14 -10.41 -6.08 -11.16 -14.75 -7.18 -18.49 -35.24 -15.42 -8.50 -11.13 Annual 2011 4 3 2 2011 1 Annual 2010 4 3 2 2010 1 Annual 2009 4 3 2 2009 1 4-Qtr 4-Qtr Average Median Sale Total Sold Sale Price* Price* % % -10.01 -11.02 120 172 2012 4 2.85 19.86 26 121 174 2012 3 -26.21 -12.78 31 155 1144 182 2012 2 -16.14 -18.60 36 171 4.55 819 186 2012 1 4.69 -13.76 27 240 -4.69 -6.03 -4.45 -0.74 -4.87 -9.02 -2.34 -6.46 -13.49 -9.51 -12.24 -24.93 -15.49 -4.27 -7.69 3781 818 994 1099 870 3244 790 754 962 738 3020 745 844 871 560 188 184 190 189 188 173 182 171 167 173 190 185 195 194 184 Annual 2011 4 3 2 2011 1 Annual 2010 4 3 2 2010 1 Annual 2009 4 3 2 2009 1 1.43 -3.63 22.59 -5.07 -8.32 -0.05 -18.04 -7.3 53.05 10.43 -9.61 25.24 -12.33 -37.88 -19.73 -13.49 -25.00 0.00 -22.50 -6.22 7.5 -28.92 16.36 54.84 7.73 -14.53 25.95 -25.36 -36.73 -18.49 97 23 20 29 25 89 27 28 20 14 100 30 28 15 27 151 140 156 164 142 184 204 211 128 171 162 128 194 170 162 Eastern Shore Region Central Region Annual 2012 10.08 8.25 1313 175 Annual 2012 13.94 11.17 267 169 2012 4 24.30 21.91 283 176 2012 4 8.06 -4.52 73 144 2012 3 25.09 14.90 366 158 2012 3 18.15 34.12 57 248 2012 2 -5.24 1.31 415 189 2012 2 20.25 15.45 68 128 2012 1 2012 1 Annual 2011 4 3 2 2011 1 Annual 2010 4 3 2 2010 1 Annual 2009 4 3 2 2009 1 0.26 4.89 246 175 -6.35 -16.52 -8.78 2.05 -3.88 -5.10 -0.69 -6.99 -10.52 1.39 -16.85 -10.63 -20.66 -16.43 -16.01 -9.91 -19.60 -14.17 -1.47 -2.05 0.92 11.33 3.16 -9.66 -6.41 -15.56 -14.11 -20.52 -11.91 -9.30 1160 258 334 308 254 1008 234 252 317 205 846 199 254 226 167 176 172 166 187 176 172 182 160 166 184 182 177 178 197 174 Annual 2011 4 3 2 2011 1 Annual 2010 4 3 2 2010 1 Annual 2009 4 3 2 2009 1 6.56 -0.11 67 172 -9.97 0.61 -1.32 -21.79 -14.39 -11.59 -11.78 -24.2 -3.90 -3.66 -10.89 -2.45 -7.47 -10.37 -22.66 -10.05 8.74 -2.86 -24.72 -14.29 -13.04 -18.12 -26.83 4.02 -12.50 -17.53 -7.45 -14.58 -19.42 -19.15 310 62 83 84 77 262 60 70 63 69 252 68 64 71 49 161 168 191 124 165 157 133 173 160 158 184 161 207 186 182 4-Qtr 4-Qtr Total Average Median Sale Price* Sale Price* Sold % % Zone Year Quarter Average Days on Market 4-Qtr 4-Qtr Average Median Sale Total Sold Sale Price* Price* % % Zone Year Quarter Baldwin County South Region Average Days on Market North Region Gulf Beach Region Annual 2012 2.84 10.82 785 165 Annual 2012 15.83 13.64 1439 189 2012 4 10.65 22.84 205 162 2012 4 13.39 26.22 304 178 2012 3 5.09 9.36 212 166 2012 3 14.27 9.09 351 186 2012 2 -0.66 2.46 205 158 2012 2 26.15 19.07 470 194 2012 1 -4.92 6.29 160 175 2012 1 2.74 3.15 309 199 Annual 2011 3.27 0.00 829 171 Annual 2011 7.32 0.00 1372 217 4 13.78 5.67 181 156 4 11.34 -6.82 286 222 3 -8.92 -12.40 200 165 3 4.73 -1.28 349 226 2 19.51 13.27 234 190 2 4.53 -0.45 425 207 2011 1 -12.72 -10.22 212 170 2011 1 7.53 4.56 299 221 Annual 2010 -7.59 -9.84 695 165 Annual 2010 -13.04 -15.38 1178 182 4 -14.96 -14.05 165 184 4 -7.76 -9.28 298 189 3 2 2010 1 Annual 2009 4 3 2 2009 1 2.54 -14.17 -2.25 -17.26 -12.38 -17.25 -14.31 -21.14 0.00 -11.72 -6.25 -18.61 -16.26 -16.39 -21.18 -20.00 166 220 144 627 162 175 169 121 158 164 151 186 179 195 178 193 3 2 2010 1 Annual 2009 4 3 2 2009 1 -7.68 -13.89 -20.27 -23.31 -44.36 -18.64 -8.44 -4.44 -14.91 -19.64 -19.15 -23.98 -55.91 -19.12 -5.17 -8.26 231 343 306 1195 286 323 390 196 189 174 180 202 206 205 200 191 * Figures represent 4-quarter or annual price appreciation calculated from the same quarter one year earlier. For example, the Seminole median percent change between 2008 Q2 and 2009 Q2 equaled -8.28% change on the 3 sold properties. 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. For further information, please contact: Professor Donald Epley, Director Center for Real Estate & Economic Development depley@southalabama.edu Email: Phone: 251.460.6735 MLS Office: 251.947.3777 This report completed by: Meredith McCutchen, Senior Research Analyst Center for Real Estate & Economic Development Mitchell College of Business