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
Quarterly and Annual Price
Trends by Zone
Winter 2011
This report is available on the Center for Real Estate Studies website (CRES):
http://cres.southalabama.edu/
University of South Alabama
Mitchell College of Business
Center for Real Estate Studies
The data was assembled by Susan Grimsley, Research Associate
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
Sold Dollar Volume
Avg Sale
Price
Median Sale
Price
Residential
Sold
Condos
Sold
Avg Days
on Market
Total Sold
Residential
Total Sold
Condo
$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
$80,720
$104,946
$124,923
$107,975
$129,973
$129,942
$130,738
$145,960
$134,521
$143,805
$170,068
$118,765
$153,155
$132,204
$138,999
$181,979
$143,181
$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
$77,500
$97,000
$117,000
$105,000
$112,200
$122,500
$119,000
$131,750
$108,000
$136,750
$145,500
$90,400
$135,000
$124,200
$124,000
$165,000
$126,500
97
23
20
29
25
89
27
28
20
14
100
30
28
15
27
104
25
22
30
27
114
19
34
38
23
127
38
31
46
12
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
1
0
0
0
0
0
0
0
1
0
0
1
0
151
140
156
164
142
184
204
211
128
171
162
128
194
170
162
160
154
158
167
159
118
162
121
101
107
105
118
108
94
104
$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
$1,210,800
$2,833,540
$12,984,948
$2,699,375
$2,857,381
$3,898,272
$3,529,920
$16,639,445
$2,555,900
$4,889,380
$6,462,565
$2,731,600
$19,468,899
$5,023,750
$4,308,974
$8,418,000
$1,718,175
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$132,000
$0
$132,000
$0
$0
$0
$0
$0
$0
$0
$135,000
$0
$0
$135,000
$0
$108,640
$103,838
$125,604
$113,615
$92,077
$112,478
$110,779
$100,548
$128,519
$109,527
$106,784
$126,065
$104,696
$86,100
$99,897
$122,938
$87,500
$70,250
$90,950
$92,350
$94,900
$107,500
$94,000
$87,000
$122,250
$100,000
$98,000
$119,500
$75,000
$83,000
$98,500
$116,000
83
20
16
28
19
71
19
21
18
11
73
20
21
13
18
90
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
156
146
171
163
144
191
215
247
139
152
164
133
181
183
155
162
$9,017,095
$2,076,751
$2,009,667
$3,181,221
$1,749,456
$7,985,950
$2,104,800
$2,111,500
$2,313,350
$1,204,800
$7,795,265
$2,521,300
$2,198,625
$1,119,300
$1,798,140
$11,064,438
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
North Baldwin
*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
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
2006 1
Bay Minette
*Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
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
$94,950
$110,600
$122,500
$127,000
$116,900
$97,250
$133,750
$125,000
$90,200
$124,700
$119,900
$120,000
$139,000
$92,000
20
19
24
27
91
12
30
29
20
116
31
27
39
19
0
0
0
0
0
0
0
0
0
1
0
0
1
0
154
157
182
154
119
170
121
105
97
106
120
102
96
107
$1,920,375
$2,146,381
$3,216,612
$3,781,070
$11,782,845
$1,386,400
$4,224,680
$4,094,965
$2,204,700
$15,895,524
$3,641,750
$3,409,574
$6,628,600
$2,215,600
$0
$0
$0
$0
$0
$0
$0
$0
$0
$135,000
$0
$0
$135,000
$0
$110,860
$31,000
$86,650
$0
$175,000
$66,333
$79,750
$35,000
$0
$44,000
$126,813
$137,833
$79,500
$45,750
$215,000
$179,333
$0
$134,333
$116,500
$0
$178,389
$200,500
$118,500
$207,333
$145,000
$184,855
$218,125
$198,750
$186,500
$101,950
$92,900
$31,000
$86,650
$0
$175,000
$44,500
$51,000
$35,000
$0
$44,000
$94,750
$110,000
$79,500
$45,750
$215,000
$150,000
$0
$132,000
$116,500
$0
$166,500
$190,000
$118,500
$170,000
$145,000
$225,000
$232,500
$198,750
$233,000
$101,950
5
1
2
0
2
6
4
1
0
1
8
3
1
2
2
5
0
2
2
0
9
3
2
3
1
11
4
2
3
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
1
0
0
0
0
0
0
0
0
0
0
0
0
148
36
119
0
234
103
102
78
0
132
157
114
99
90
316
169
0
175
182
0
91
84
52
73
242
123
125
134
51
212
$554,300
$31,000
$173,300
$0
$350,000
$398,000
$319,000
$35,000
$0
$44,000
$1,014,500
$413,500
$79,500
$91,500
$430,000
$944,000
$0
$271,000
$233,000
$0
$1,605,500
$601,500
$237,000
$622,000
$145,000
$2,033,400
$872,500
$397,500
$559,500
$203,900
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$132,000
$0
$132,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$170,300
$174,450
$195,000
$174,450
9
2
0
0
106
135
$1,532,700
$348,900
$0
$0
Bay Minette continued….
4
3
2
2008 1
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
2006 1
$96,019
$112,967
$134,026
$140,040
$129,482
$115,533
$140,823
$141,206
$110,235
$138,194
$117,476
$126,281
$173,426
$116,611
North Baldwin County
*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
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
2006 1
Stapleton
*Annual 2011
4
3
$203,450
$203,450
2
0
76
$406,900
$0
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
$220,000
$164,500
$144,900
$144,900
$116,900
$0
$187,500
$142,000
$178,000
$137,500
$0
$97,000
$158,180
$220,000
$0
$111,750
$68,000
$245,000
$202,500
$213,850
$229,900
$274,950
$217,250
$217,250
$250,950
$217,500
$217,438
1
4
11
3
5
0
2
15
7
5
0
3
8
3
0
4
1
11
2
2
5
2
10
2
2
4
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
187
85
176
254
113
0
299
184
120
288
0
163
122
181
0
69
161
129
190
193
81
122
111
116
152
89
109
$220,000
$556,900
$1,471,000
$378,900
$645,600
$0
$375,000
$2,298,835
$1,122,100
$826,235
$0
$350,500
$1,166,660
$650,000
$0
$448,660
$68,000
$3,028,200
$405,000
$427,700
$1,645,600
$549,900
$2,436,175
$434,500
$501,900
$1,064,900
$434,875
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Stapleton continued….
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
2006 1
$220,000
$139,225
$133,727
$126,300
$129,120
$0
$187,500
$153,256
$160,300
$165,247
$0
$116,833
$145,833
$216,667
$0
$112,165
$68,000
$275,291
$202,500
$213,850
$329,120
$274,950
$243,618
$217,250
$250,950
$266,225
$217,438
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 Studies
Email:
depley@usouthal.edu
Phone:
251.460.6735
MLS:
251.947.3777
Report completed by:
Susan Grimsley, Researcher
Center for Real Estate Studies
Mitchell College of Business