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 2 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 2 32.23 55.22 31 164 2 12.35 15.73 23 202 2013 1 Annual 2012 4 3 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 13.75 -10.01 2.85 -26.21 -16.14 4.69 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 -14.41 -19.73 -9.62 -23.59 10.08 26.04 -11.02 19.86 -12.78 -18.60 -13.76 -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 -11.20 -2.78 -17.95 -15.81 31.64 44 120 26 31 36 27 97 23 20 29 25 89 27 28 20 14 100 30 28 15 27 105 25 23 30 27 182 172 121 155 171 240 151 140 156 164 142 184 204 211 128 171 162 128 194 170 162 160 154 158 167 159 2013 1 Annual 2012 4 3 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 26.76 -7.55 -0.39 -20.28 -11.45 6.09 -3.41 -6.27 24.92 -11.6 -15.93 5.33 -12.13 -4.96 49.27 9.64 -13.14 31.29 -7.32 -35.76 -28.67 -5.05 -16.89 -19.78 -5.08 27.04 21.47 -8.57 0.38 0.35 -16.73 -14.12 -18.60 -25.27 4.54 -24.46 -5.1 9.69 -21.34 4.82 47.29 1.52 -15.52 25.86 -32.19 -32.24 -22.44 -0.77 -2.37 -17.31 -2.00 40.80 29 96 21 22 31 22 83 20 16 28 19 71 19 21 18 11 73 20 21 13 18 90 20 19 24 27 194 188 124 176 189 260 156 146 171 163 144 191 215 247 139 152 164 133 181 183 155 162 154 157 182 154 Stapleton North Baldwin County 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 4 3 2 2012 1 Annual 2011 4 3 2 2011 1 -26.21 -26.21 -74.03 -38.75 -25.18 27.35 38.12 57.57 100.00 -25.75 -12.78 -12.78 -73.70 -38.75 -30.09 34.58 20.39 74.04 100.00 -12.27 31 31 3 2 3 9 2 2 1 4 155 155 111 68 89 106 135 76 87 85 Annual 2012 4 3 2 2012 1 Annual 2011 4 3 2 2011 1 6.67 300.00 15.52 100.00 54.86 67.13 -61.13 147.57 0.00 297.73 -11.22 300.00 -4.82 100.00 54.86 108.76 -39.22 147.57 0.00 197.73 12 1 6 3 2 5 1 2 0 2 114 128 99 53 244 148 36 119 0 234 USA Center for Real Estate and Economic Development Page 2 of 3 North Baldwin County by Zone Zone Year Quarter 4-Qtr 4-Qtr Average Median Sale Price* Sale % Price* % Total Avg Days Sold on Market North Region Stapleton continued… Annual 2010 4 3 2 2010 1 Annual 2009 4 3 2 2009 1 Annual 2008 4 3 2 2008 1 -12.74 -21.21 -21.86 0.00 60.49 5.09 -26.02 100.00 -100.00 71.81 -47.03 7.00 -100.00 -65.92 -75.27 2.04 -18.59 -14.98 0.00 93.30 -10.23 -19.09 100.00 -100.00 42.65 -35.44 8.64 -100.00 -51.39 -75.27 Zone Year Quarter 4-Qtr Average Sale Price* % 4-Qtr Median Sale Price* % Total Avg Days Sold on Market Minette North Baldwin Bay County continued… 11 3 5 0 2 15 7 5 0 3 8 3 0 4 1 176 254 113 0 299 184 120 288 0 49 122 181 0 69 161 Annual 2010 4 3 2 2010 1 Annual 2009 4 3 2 2009 1 Annual 2008 4 3 2 2008 1 -47.69 -42.14 -55.97 -100.00 -79.53 -29.29 100.00 -40.82 -60.73 100.00 0.53 -100.00 13.36 -43.81 -100.00 -53.03 -53.64 -55.97 -100.00 -79.53 -36.83 100.00 -39.77 -60.73 100.00 -9.91 -100.00 11.39 -31.47 -100.00 6 4 1 0 1 8 3 1 2 2 6 0 3 2 0 103 102 78 0 132 157 114 99 90 316 169 0 175 182 0 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: This report completed by: Professor Donald Epley, Director Center for Real Estate & Economic Development Email: depley@southalabama.edu Phone: 251.460.6735 MLS Office: 251.947.3777 Michelle Pinochet, Senior Research Analyst Center for Real Estate & Economic Development Mitchell College of Business University of South Alabama USA Center for Real Estate and Economic Development Page 3 of 3