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
Eastern Shore
Residential Housing Report
Four-Quarter Price
Appreciation Change % by Zone
2012 Quarter 2
This report is available on the Center for Real Estate Studies website (CRES):
http://cres.southalabama.edu/
The data was assembled by Meredith McCutchen, Research Associate
University of South Alabama
Mitchell College of Business
Center for Real Estate Studies
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.
Eastern Shore by Zone
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Total
Sold
Average
Days on
Market
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Eastern Shore
Total
Sold
Average
Days on
Market
Daphne
2012 2
-5.30
0.95
411
191
2012 2
-2.45
6.60
183
165
2012 1
0.26
4.89
246
175
2012 1
-13.65
28.93
127
148
Annual 2011
-6.35
-9.91
1160
176
Annual 2011
-9.10
-9.02
520
160
4
-16.52
-19.60
258
172
4
-17.50
-8.68
125
167
3
-8.78
-14.17
334
166
3
-15.68
-12.10
144
144
2
2.05
-1.47
308
187
2
-0.97
-8.98
126
163
2011 1
-3.88
-2.05
254
176
2011 1
-6.24
-9.80
120
159
Annual 2010
-5.10
0.92
1008
172
Annual 2010
-12.96
-12.39
476
164
4
-0.69
11.33
234
182
4
-12.26
-15.60
100
158
3
-6.99
3.16
252
160
3
-11.76
-8.40
119
169
2
-10.52
-9.66
317
166
2
-19.31
-15.27
139
165
1.39
-6.41
205
184
2010 1
-3.35
-15.78
94
177
Annual 2009
-16.85
-15.56
846
182
Annual 2009
-11.78
-11.81
382
172
4
-10.63
-14.11
199
177
4
-1.43
-6.83
94
177
3
-20.66
-20.52
254
178
3
-18.70
-20.85
130
167
2
-16.43
-11.91
226
197
2
-9.82
-13.17
95
204
2009 1
-16.01
-9.30
167
174
2009 1
-10.08
4.19
60
125
Annual 2008
-2.08
-5.82
894
173
Annual 2008
-9.09
-10.02
402
159
4
-14.46
-7.75
176
163
4
-3.62
-0.37
87
161
3
7.14
0.00
278
168
3
-5.25
-3.58
122
150
2
-1.41
-5.81
249
181
2
-17.82
-15.44
103
148
2008 1
-4.05
-5.66
191
180
2008 1
-5.77
-9.54
87
180
Annual 2007
1.42
1.62
1,172
155
Annual 2007
1.33
-0.23
476
144
4
0.92
-0.78
226
187
4
-16.90
-19.15
78
168
3
2.05
-0.60
311
156
3
4.88
1.59
135
158
2
5.33
3.21
370
148
2
10.42
10.03
161
141
2007 1
-4.36
3.59
265
138
2007 1
-1.05
7.72
113
116
2010 1
Fairhope
Spanish Fort
2012 1
-5.15
-0.71
165
224
2012 2
-3.96
2.69
63
178
2012 1
13.03
-7.29
89
217
2012 1
17.61
45.78
30
167
Annual 2011
-7.40
-4.04
472
196
Annual 2011
-0.76
-9.40
168
172
4
-15.64
-15.11
94
179
4
-9.38
-19.20
39
173
3
-9.83
-7.50
144
189
3
6.38
-6.21
46
160
1.95
11.05
134
211
2
-0.9
-10.23
48
181
2011 1
2
-10.47
-11.48
99
202
2011 1
-5.2
-6.02
35
161
Annual 2010
-9.08
-1.52
373
184
Annual 2010
12.39
23.74
158
166
4
-7.61
9.66
90
212
4
44.08
53.02
43
172
3
-20.24
-0.99
91
153
3
25.53
34.11
35
142
Eastern Shore by Zone
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Total
Sold
Average
Days on
Market
Fairhope continued…
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Total
Sold
Average
Days on
Market
Spanish Fort continued…
2
-11.88
-14.89
124
167
2
0.23
10.59
47
167
2010 1
11.01
8.01
63
217
2010 1
0.39
-4.50
30
183
Annual 2009
-23.12
-19.62
288
216
Annual 2009
-14.74
-18.78
126
147
4
-12.33
-18.50
69
206
4
-33.64
-34.38
21
109
3
-19.81
-17.89
79
198
3
-17.76
-35.35
35
178
2
-30.49
-16.70
78
225
2
-0.66
-7.43
40
134
2009 1
-24.40
-20.21
62
237
2009 1
-17.04
-11.11
28
154
4.20
-5.23
304
197
Annual 2008
-0.22
-3.98
131
144
4
-22.56
-16.06
61
179
4
0.14
-5.11
22
141
3
14.99
-5.38
101
201
3
2.50
16.93
34
140
2
21.66
0.77
79
219
2
-6.34
-10.91
47
149
2008 1
-5.66
-7.43
62
182
2008 1
6.01
-8.46
28
141
Annual 2007
5.12
5.62
429
179
Annual 2007
-8.83
-0.38
161
113
4
8.66
9.66
87
239
4
4.86
24.71
44
107
3
4.75
4.21
115
164
3
-11.27
-10.39
5
93
2
8.35
2.68
139
170
2
-17.23
-9.98
51
123
2007 1
-0.08
6.07
93
155
2007 1
2.64
14.54
26
132
Annual 2008
* Figures represent 4-quarter or annual price appreciation calculated from the same quarter one year
earlier. For example, Daphne median percent change between 2008 Q2 and 2009 Q2 equaled -13.17%
change on the 95 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 Studies
depley@usouthal.edu
Email:
Phone:
251.460.6735
MLS Office:
251.947.3777
This report completed by:
Meredith McCutchen, Researcher
Center for Real Estate Studies
Mitchell College of Business