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 North Baldwin Region Residential Housing Report Four-Quarter Price Appreciation Change % by Zone 2013 Quarter 3 This report is available on the CREED website: Center for Real Estate and Economic Development http://cres.southalabama.edu/ 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. North Baldwin County by Zone 4-Qtr 4-Qtr Average Median Sale Price* Sale % Price* % Zone Year Quarter Total Avg Days Sold on Market 4-Qtr Average Sale Price* % Zone Year Quarter North Region 4-Qtr Median Sale Price* % Total Avg Days Sold on Market Bay Minette Annual 2013 21.52 26.28 128 177 Annual 2013 12.89 13.13 102 188 4 35.52 30.18 21 158 4 29.65 41.81 16 167 3 9.51 20.02 40 179 3 -5.14 -14.48 34 183 2 32.23 55.22 31 164 2 12.34 15.73 23 202 2013 1 13.75 26.04 44 182 2013 1 26.76 21.47 29 194 Annual 2012 -10.01 -11.02 120 172 Annual 2012 -7.55 -8.57 96 188 4 2.85 19.86 26 121 4 -0.39 0.38 21 124 3 -26.21 -12.78 31 155 3 -20.28 0.35 22 176 2 -16.14 -18.60 36 171 2 -11.45 -16.73 31 189 4.69 -13.76 27 240 2012 1 6.09 -14.12 22 260 Annual 2011 1.43 -13.49 97 151 Annual 2011 -3.41 -18.60 83 156 4 -3.63 -25.00 23 140 4 -6.27 -25.27 20 146 3 22.59 0.00 20 156 3 24.92 4.54 16 171 2 -5.07 -22.50 29 164 2 -11.6 -24.46 28 163 2011 1 -8.32 -6.22 25 142 2011 1 -15.93 -5.1 19 144 2012 1 Annual 2010 -0.05 7.5 89 184 Annual 2010 5.33 9.69 71 191 4 -18.04 -28.92 27 204 4 -12.13 -21.34 19 215 3 -7.3 16.36 28 211 3 -4.96 4.82 21 247 2 53.05 54.84 20 128 2 49.27 47.29 18 139 2010 1 10.43 7.73 14 171 2010 1 Annual 2009 -9.61 -14.53 100 162 4 25.24 25.95 30 3 -12.33 -25.36 2 -37.88 -36.73 9.64 1.52 11 152 Annual 2009 -13.14 -15.52 73 164 128 4 31.29 25.86 20 133 28 194 3 -7.32 -32.19 21 181 15 170 2 -35.76 -32.24 13 183 2009 1 -19.73 -18.49 27 162 2009 1 -28.67 -22.44 18 155 Annual 2008 -14.41 -11.20 105 160 Annual 2008 -5.05 -0.77 90 162 4 -19.73 -2.78 25 154 4 -16.89 -2.37 20 154 3 -9.62 -17.95 23 158 3 -19.78 -17.31 19 157 2 -23.59 -15.81 30 167 2 -5.08 -2.00 24 182 2008 1 10.08 31.64 27 159 2008 1 27.04 40.80 27 154 Annual 2007 -4.70 -2.41 114 118 Annual 2007 -6.30 -6.26 91 119 4 1.75 -13.04 19 162 4 -1.65 -18.89 12 170 3 3.46 10.28 34 121 3 11.52 11.46 30 121 2 -6.55 -11.82 38 101 2 -18.58 -10.07 29 105 2007 1 -17.05 -28.54 23 107 2007 1 -5.47 -1.96 20 97 North Baldwin County by Zone 4-Qtr 4-Qtr Average Median Sale Price* Sale % Price* % Zone Year Quarter Total Avg Days Sold on Market North Region Stapleton 4-Qtr Average Sale Price* % Zone Year Quarter 4-Qtr Median Sale Price* % Total Avg Days Sold on Market Bay Minette North Baldwin County Annual 2013 80.33 60.87 15 133 Annual 2013 17.41 20.17 11 130 4 62.72 31.90 4 123 4 -44.11 -44.11 1 159 3 201.55 170.93 6 158 3 -100.00 -100.00 0 0 2 56.68 44.71 4 52 2 189.13 103.43 4 56 2013 1 111.19 91.30 1 350 2013 1 -46.47 -65.49 6 174 Annual 2012 -26.21 -12.78 31 155 Annual 2012 6.67 -11.22 12 114 4 -26.21 -12.78 31 155 4 300.00 300.00 1 128 3 -74.03 -73.70 3 111 3 15.52 -4.82 6 99 2 -38.75 -38.75 2 68 2 100.00 100.00 3 53 2012 1 -25.18 -30.09 3 89 2012 1 54.86 54.86 2 244 Annual 2011 27.35 34.58 9 106 Annual 2011 67.13 108.76 5 148 4 38.12 20.39 2 135 4 -61.13 -39.22 1 36 3 57.57 74.04 2 76 3 147.57 147.57 2 119 2 100.00 100.00 1 87 2 0.00 0.00 0 0 2011 1 -25.75 -12.27 4 85 2011 1 297.73 197.73 2 234 Annual 2010 -12.74 2.04 11 176 Annual 2010 -47.69 -53.03 6 103 4 -21.21 -18.59 3 254 4 -42.14 -53.64 4 102 3 -21.86 -14.98 5 113 3 -55.97 -55.97 1 78 2 0.00 0.00 0 0 2 -100.00 -100.00 0 0 2010 1 60.49 93.30 2 299 2010 1 -79.53 -79.53 1 132 Annual 2009 5.09 -10.23 15 184 Annual 2009 -29.29 -36.83 8 157 4 -26.02 -19.09 7 120 4 100.00 100.00 3 114 3 100.00 100.00 5 288 3 -40.82 -39.77 1 99 2 -100.00 -100.00 0 0 2 -60.73 -60.73 2 90 2009 1 71.81 42.65 3 49 2009 1 100.00 100.00 2 316 Annual 2008 -47.03 -35.44 8 122 Annual 2008 0.53 -9.91 6 169 4 7.00 8.64 3 181 4 -100.00 -100.00 0 0 3 -100.00 -100.00 0 0 3 13.36 11.39 3 175 2 -65.92 -51.39 4 69 2 -43.81 -31.47 2 182 2008 1 -75.27 -75.27 1 161 2008 1 -100.00 -100.00 0 0 Annual 2007 13.00 12.77 11 129 Annual 2007 -3.50 -26.00 9 91 4 -6.79 -6.79 2 190 4 -8.08 -18.28 3 84 3 -14.78 -14.78 2 193 3 -40.38 -40.38 2 52 North Baldwin County by Zone Zone Year Quarter 4-Qtr 4-Qtr Average Median Sale Price* Sale % Price* % Total Avg Days Sold on Market Stapleton Region continued… North Region 2 2007 1 23.62 26.45 5.70 26.45 5 2 Zone Year Quarter 4-Qtr Average Sale Price* % 4-Qtr Median Sale Price* % Total Avg Days Sold on Market North BaldwinBay County Region continued… Minette 81 122 2 2007 1 11.17 42.23 -27.04 42.23 3 1 73 242 Notes: All data supplied by the Baldwin County Multi-List * Figures represent 4-quarter or annual price appreciation calculated from the same quarter one year earlier. For example, the Bay Minette median percent change between 2008 Q2 and 2009 Q2 equaled -32.24% change on the 13 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: Andrea Justiniano, Research Associate Center for Real Estate & Economic Development Mitchell College of Business