Baldwin County Association of REALTORS®
23280 County Road 65, Robertsdale, AL 36567
Website: http://www.southalabamamls.com
Telephone: 251-947-3777 Fax: 251-947-3788
E-mail: Marthataylor@baldwinrealtors.org
Baldwin County Association of REALTORS® Newsletter
Baldwin County
Residential Housing Report
Quarterly and Annual Price
Trends by Region
2012 Quarter 4
This report is available on the Center for Real Estate and 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.
Total Residential
Zone / Year /
Quarter
Avg Sale
Price
Sold Dollar Volume
Median Sale
Price
Residential
Sold
Condos
Sold
Avg Days
on Market
Total Sold
Residential
Total Sold
Condo
$174,000
$184,025
$170,000
$177,745
$162,000
$156,000
$155,000
$157,655
$160,300
$154,950
$163,675
$164,950
$165,000
$161,500
$162,875
$179,900
$168,900
$176,400
$186,700
$180,000
$205,000
$225,000
$208,750
$195,000
$195,000
2631
617
698
722
544
2564
563
688
699
614
2211
507
550
669
485
2021
502
570
558
391
1823
373
175
538
343
1294
276
321
422
275
1217
255
306
400
256
1033
283
204
293
253
999
243
274
313
169
834
258
569
226
135
178
169
174
182
186
188
184
190
189
188
173
182
171
167
173
190
185
195
194
184
171
147
215
178
186
$534,579,270
$123,575,524
$157,177,612
$156,031,224
$97,794,910
$487,854,618
$103,904,892
$136,266,323
$138,387,261
$109,296,142
$426,002,271
$95,122,418
$108,023,995
$126,575,993
$96,279,865
$411,241,193
$97,351,900
$119,254,398
$121,246,771
$73,388,124
$441,538,993
$79,396,806
$147,253,428
$133,375,582
$81,513,177
$402,216,524
$84,942,292
$102,055,700
$139,747,835
$75,470,697
$309,100,360
$62,723,155
$79,968,352
$100,158,068
$66,250,785
$249,236,303
$65,174,600
$52,488,026
$72,512,900
$59,060,777
$290,386,216
$63,606,329
$82,986,242
$90,190,434
$53,603,211
$315,767,368
$131,117,246
$74,869,858
$69,320,926
$40,459,338
$82,750
$84,500
$85,000
$75,700
$84,500
$93,000
$70,500
$97,450
$93,000
$98,000
$107,500
$94,000
$97,450
$120,000
$104,500
$100,000
$132,250
$83,750
118
26
29
36
27
97
23
20
29
25
89
27
28
20
14
100
30
28
2
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
172
121
155
171
240
151
140
156
164
142
184
204
211
128
171
162
128
194
$12,228,437
$2,856,090
$2,828,226
$3,540,551
$3,003,570
$11,104,095
$2,456,651
$2,589,867
$3,401,221
$2,656,356
$10,044,850
$2,992,600
$2,957,600
$2,470,850
$1,623,800
$11,291,600
$4,056,900
$3,190,360
$133,650
$0
$133,650
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Baldwin County
*Annual 2012
2012 4
2012 3
2012 2
2012 1
*Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
$238,674
$233,503
$254,400
$247,721
$211,558
$210,779
$203,702
$217,540
$217,057
$201,778
$208,150
$202,908
$212,881
$206,953
$210,489
$232,327
$216,051
$239,622
$242,752
$226,770
$285,023
$333,620
$283,321
$265,310
$255,173
North Region
*Annual 2012
2012 4
2012 3
2012 2
2012 1
*Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
$103,017
$109,850
$95,544
$98,349
$111,243
$114,475
$106,811
$129,493
$117,283
$106,254
$112,863
$110,837
$105,629
$123,543
$115,896
$112,916
$135,230
$113,941
Total Residential
Zone / Year /
Quarter
Avg Sale
Price
Median Sale
Price
Sold Dollar Volume
Residential
Sold
Condos
Sold
Avg Days
on Market
Total Sold
Residential
Total Sold
Condo
$77,500
$97,000
$117,000
$105,000
$112,200
$122,500
$119,000
15
27
104
25
22
30
27
0
0
1
0
1
0
0
170
162
160
154
158
167
159
$1,210,800
$2,833,540
$12,984,948
$2,699,375
$2,857,381
$3,898,272
$3,529,920
$0
$0
$132,000
$0
$132,000
$0
$0
$187,000
$197,500
$193,250
$186,670
$170,000
$172,750
$162,000
$168,184
$184,250
$178,750
$191,745
$201,500
$195,950
$187,000
$182,500
$190,000
$181,000
$189,950
$207,000
$195,000
$225,000
$210,741
$239,000
$235,000
$215,000
1243
267
346
391
237
1100
244
318
288
245
953
221
238
301
193
808
186
248
211
163
835
162
267
234
172
70
16
20
24
9
60
14
16
20
9
55
13
14
16
12
38
13
6
15
4
59
14
11
15
19
175
176
158
189
175
176
172
166
187
176
172
182
160
166
184
182
177
178
197
174
173
163
168
181
180
$294,256,950
$63,727,195
$91,978,160
$86,047,925
$52,007,000
$232,553,545
$46,427,591
$65,387,694
$65,850,216
$53,328,543
$217,772,585
$51,654,720
$54,594,461
$67,109,263
$44,414,141
$191,626,710
$42,833,795
$60,270,936
$52,119,701
$36,402,278
$240,199,222
$42,255,719
$80,658,073
$70,155,078
$47,130,352
$8,882,400
$2,431,400
$2,307,500
$2,586,600
$1,007,000
$10,731,380
$2,095,400
$3,394,380
$3,570,800
$1,590,800
$7,965,449
$1,064,474
$2,297,225
$2,903,750
$1,700,000
$8,004,350
$2,311,750
$1,383,850
$3,661,250
$647,500
$13,522,399
$2,419,200
$4,396,500
$3,385,156
$3,321,543
$100,000
$95,000
$114,000
$101,250
$89,900
$89,950
$99,500
$85,000
$87,700
$90,000
$100,000
$91,500
$87,500
$116,500
263
71
57
67
66
310
62
83
84
77
261
60
69
63
4
2
0
1
1
0
0
0
0
0
1
0
1
0
169
144
248
128
172
161
168
191
124
165
157
133
173
160
$30,955,588
$8,542,750
$6,967,077
$7,917,414
$7,124,347
$31,886,842
$6,855,982
$8,586,650
$8,259,460
$7,720,850
$29,850,226
$6,594,467
$7,253,980
$7,920,170
$337,600
$180,000
$0
$122,700
$34,900
$0
$0
$0
$0
$0
$85,000
$0
$85,000
$0
Baldwin
County
North
Region
continued ….
2
2009 1
*Annual 2008
4
3
2
2008 1
$80,720
$104,946
$124,923
$107,975
$129,973
$129,942
$130,738
Eastern Shore Region
*Annual 2012
2012 4
2012 3
2012 2
2012 1
*Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
$230,875
$233,776
$257,611
$213,577
$216,780
$209,728
$188,074
$205,934
$225,393
$216,218
$223,946
$225,296
$225,761
$220,861
$224,947
$235,971
$226,862
$242,735
$246,818
$221,855
$283,805
$253,835
$305,952
$295,342
$264,146
Central Region
*Annual 2012
2012 4
2012 3
2012 2
2012 1
*Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
2
$117,203
$119,490
$122,229
$118,237
$106,854
$102,861
$110,580
$103,454
$98,327
$100,271
$114,257
$109,908
$104,843
$125,717
Total Residential
Zone / Year /
Quarter
Avg Sale
Price
Median Sale
Price
Residential
Sold
Sold Dollar Volume
Condos
Sold
Avg Days
on Market
Total Sold
Residential
Total Sold
Condo
Baldwin Shore
CountyRegion continued ….
Eastern
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
$117,125
$129,242
$124,581
$138,308
$130,825
$121,576
$145,043
$127,708
$149,478
$145,955
$157,192
$105,000
$115,000
$111,750
$119,586
$112,000
$120,000
$139,450
$120,750
$140,000
$139,000
$148,425
69
252
68
64
71
49
255
59
85
61
50
0
0
0
0
0
0
1
1
0
0
0
158
184
161
207
186
182
148
141
171
130
142
$8,081,609
$32,568,972
$8,471,486
$8,851,736
$9,288,550
$5,957,200
$36,681,295
$7,212,835
$12,705,590
$8,903,282
$7,859,588
$0
$0
$0
$0
$0
$0
$449,650
$449,650
$0
$0
$0
$121,900
$135,000
$119,750
$125,000
$107,350
$110,000
$109,900
$109,500
$122,000
$101,001
$110,000
$104,000
$125,000
$107,700
$112,500
$122,000
$121,000
$125,000
$122,000
$120,000
$149,900
$144,488
$149,500
$154,775
$150,000
687
183
182
179
140
693
155
161
188
188
597
126
145
196
130
561
149
148
154
110
516
88
142
150
136
98
22
30
26
20
136
26
39
46
24
98
39
21
24
14
66
13
27
15
11
45
4
17
11
13
165
162
166
158
175
171
156
165
190
170
165
184
158
164
151
186
179
195
178
193
169
203
162
154
173
$98,191,211
$28,597,206
$24,548,989
$27,371,833
$16,944,558
$97,809,060
$21,873,963
$21,022,549
$29,240,599
$25,403,449
$81,993,318
$16,285,231
$21,006,905
$25,065,735
$19,635,447
$80,511,926
$21,783,202
$19,766,088
$22,539,370
$16,423,266
$86,030,970
$14,167,477
$22,538,483
$24,463,960
$24,861,050
$12,099,165
$2,459,340
$3,621,750
$3,339,100
$2,678,975
$15,450,619
$2,908,172
$4,266,450
$6,048,125
$1,944,455
$9,951,800
$3,569,900
$2,037,750
$2,695,500
$1,648,650
$9,245,780
$1,141,050
$3,925,436
$2,305,700
$1,873,594
$11,033,524
$691,500
$3,475,355
$3,156,840
$3,709,829
$250,000
$258,750
$252,000
$261,950
$230,000
$220,000
$205,000
$231,000
$220,000
$222,970
318
68
83
99
69
355
73
100
104
77
1121
236
268
371
240
1017
213
249
321
222
189
178
186
194
199
217
222
226
207
221
$98,783,944
$19,688,783
$30,748,660
$31,153,501
$17,331,000
$113,301,776
$25,569,405
$37,592,563
$30,031,865
$19,727,943
$380,932,209
$79,871,552
$95,138,800
$164,852,936
$69,951,922
$281,584,361
$56,955,083
$71,944,105
$88,135,893
$62,478,530
South Region
*Annual 2012
2012 4
2012 3
2012 2
2012 1
*Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
$140,497
$151,495
$132,881
$149,809
$122,647
$136,622
$136,918
$126,445
$150,807
$129,000
$132,295
$120,334
$138,823
$126,187
$147,806
$143,154
$141,508
$135,380
$147,012
$151,214
$173,020
$161,511
$163,609
$171,558
$191,751
Gulf Beach Region
*Annual 2012
2012 4
2012 3
2012 2
2012 1
*Annual 2011
4
3
2
2011 1
$333,368
$327,501
$358,654
$350,751
$282,469
$287,818
$288,547
$313,859
$278,042
$274,938
Total Residential
Zone / Year /
Quarter
Avg Sale
Price
Median Sale
Price
Sold Dollar Volume
Residential
Sold
Condos
Sold
Avg Days
on Market
Total Sold
Residential
Total Sold
Condo
302
70
64
89
79
299
69
82
106
42
192
40
53
63
36
876
228
167
254
227
896
217
241
284
154
753
239
186
200
128
182
189
189
174
180
202
206
205
200
191
177
118
196
195
217
$85,241,192
$17,134,500
$21,571,849
$24,009,975
$22,524,868
$95,086,985
$20,206,517
$27,175,278
$35,933,350
$11,771,840
$83,101,852
$13,346,400
$28,493,901
$25,954,990
$15,306,561
$230,689,654
$60,095,826
$47,653,051
$67,228,650
$55,712,127
$273,451,086
$60,153,529
$77,676,956
$84,538,484
$51,082,117
$296,929,430
$127,556,896
$66,866,003
$62,778,930
$39,727,601
Baldwin
County
Gulf
Beach
Region continued ….
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
$268,193
$259,162
$299,675
$266,002
$255,676
$308,400
$280,979
$324,620
$308,902
$320,683
$402,150
$505,030
$398,995
$337,391
$335,574
$220,000
$220,000
$234,000
$221,000
$213,250
$260,000
$242,500
$275,000
$275,000
$263,750
$342,000
$550,000
$340,000
$290,000
$287,500
Notes: *Quarterly numbers may not add to the total number due to revisions; all data
supplied by the Baldwin County Multi-List; Sales price may include closing costs;
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:
251.947.3777
This report completed by:
Meredith McCutchen, Senior Research Analyst
Center for Real Estate & Economic Development
Mitchell College of Business