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 Central Baldwin Region Residential Housing Report Four-Quarter Price Appreciation Change % by Zone 2013 Quarter 4 This report is available on the CREED website: Center for Real Estate and Economic Development http://creed.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. Central 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 Central Total Sold Average Days on Market Seminole Annual 2013 3.25 15.00 334 142 Annual 2013 -5.67 16.82 13 197 4 5.99 20.00 77 138 4 27.46 53.85 4 221 3 -8.43 1.75 85 141 3 100.00 100.00 3 128 2 13.89 23.46 89 127 2 -1.32 11.69 4 210 2013 1 4.66 22.02 80 161 2013 1 -67.23 -63.55 2 225 Annual 2012 13.94 11.17 267 169 Annual 2012 -14.12 1.90 11 176 4 8.06 -4.52 73 144 4 14.42 22.79 4 196 3 18.15 34.12 57 248 3 0.00 0.00 0 0 2 20.25 15.45 68 128 2 -6.77 66.67 4 177 2012 1 6.56 -0.11 67 172 2012 1 0.46 -9.67 3 147 Annual 2011 -9.97 -10.05 310 161 Annual 2011 15.99 11.29 21 95 4 0.61 8.74 62 168 4 -30.14 -25.70 8 117 3 -1.32 -2.86 83 191 3 116.29 58.11 7 84 2 -21.79 -24.72 84 124 2 2.42 -43.65 4 68 2011 1 -14.39 -14.29 77 165 2011 1 14.26 16.13 2 105 Annual 2010 -11.59 -13.04 262 157 Annual 2010 -33.55 -44.09 16 232 4 -11.78 -18.12 60 133 4 -34.21 -36.28 6 156 3 -24.2 -26.83 70 173 3 -59.81 -63.97 4 217 2 -3.90 4.02 63 160 2 -12.66 -32.24 2 629 2010 1 -3.66 -12.50 69 158 2010 1 100.00 100.00 3 178 Annual 2009 -10.89 -17.53 252 184 Annual 2009 -3.01 -4.90 8 165 4 -2.45 -7.45 68 161 4 83.28 59.02 3 187 3 -7.47 -14.58 64 207 3 -12.95 -12.95 1 139 2 -10.37 -19.42 71 186 2 -20.46 -8.28 3 206 2009 1 -22.66 -19.15 49 182 2009 1 -100.00 -100.00 0 0 Annual 2008 -18.40 -8.56 256 148 Annual 2008 4.51 10.91 12 172 4 -24.16 -19.50 60 141 4 -42.73 -46.81 4 74 3 -14.36 -8.45 85 171 3 78.81 177.85 2 340 2 -19.77 -7.33 61 130 2 -16.38 11.39 3 226 2008 1 -14.89 -4.24 50 142 2008 1 108.26 108.26 2 173 Annual 2007 0.34 0.33 389 140 Annual 2007 0.92 -9.86 11 103 4 -2.46 1.39 91 130 4 9.30 11.32 3 141 3 -1.77 3.35 88 133 3 -24.05 -51.12 3 131 2 0.16 -10.15 115 119 2 -7.02 -21.98 3 59 2007 1 5.99 11.15 95 180 2007 1 -0.56 -0.56 2 70 Loxley Silverhill Annual 2013 3.76 10.72 113 143 Annual 2013 -1.19 2.36 36 142 4 10.51 7.75 26 132 4 12.99 49.63 6 202 3 -9.02 4.91 28 152 3 -8.83 -10.62 9 95 2 10.10 12.18 38 127 2 -22.11 17.40 12 143 Central by Zone 4-Qtr 4-Qtr Average Median Sale Price* Sale Price* % % Zone Year Quarter Total Sold Average Days on Market LoxleyCentral continued… 4-Qtr 4-Qtr Average Median Sale Price* Sale Price* % % Zone Year Quarter Total Sold Average Days on Market Seminole Silverhill continued… 2013 1 12.91 39.04 21 177 2013 1 0.92 38.12 9 147 Annual 2012 24.62 20.74 82 121 Annual 2012 23.38 22.51 33 154 4 19.45 39.01 20 92 4 27.98 6.58 7 135 3 35.45 36.89 19 196 3 11.55 47.73 9 149 2 30.58 27.86 25 99 2 49.56 4.25 5 138 2012 1 5.79 -10.95 17 114 2012 1 24.69 -8.08 12 175 Annual 2011 -21.21 -20.44 105 163 Annual 2011 -29.06 -32.45 37 146 4 -28.31 -23.09 18 148 4 -51.20 -56.51 7 107 3 10.96 19.21 31 221 3 -21.07 -26.67 9 248 2 -33.10 -34.38 33 143 2 -17.57 -18.71 9 98 2011 1 -23.39 -14.05 20 125 2011 1 -31.83 -33.37 12 127 Annual 2010 -6.18 -5.05 74 169 Annual 2010 -12.53 -5.45 26 167 4 1.25 3.14 19 132 4 24.98 27.55 2 134 3 -26.50 -47.09 19 203 3 -12.39 -22.58 7 154 2 18.78 9.60 15 164 2 -35.02 -13.24 10 143 2010 1 -7.50 -17.98 18 181 2010 1 2.88 -4.98 7 225 Annual 2009 -13.52 -14.43 62 175 Annual 2009 4.72 -1.14 34 271 4 -11.69 -22.04 18 133 4 -0.93 -6.52 9 262 3 -22.92 2.81 16 267 3 -6.59 1.31 8 242 2 -17.96 -14.94 13 161 2 31.54 3.03 9 296 2009 1 -5.49 -9.03 16 141 2009 1 -11.82 -8.26 11 277 Annual 2008 -23.03 -11.42 77 165 Annual 2008 -20.00 -16.47 37 177 4 -22.64 -17.90 20 185 4 -32.36 -26.16 8 150 3 -12.10 -13.22 22 193 3 -35.81 -19.00 12 230 2 -28.61 -6.37 18 98 2 10.88 0.92 7 142 2008 1 -26.28 -15.37 15 183 2008 1 -2.73 -0.29 10 159 Annual 2007 -3.55 -3.32 135 158 Annual 2007 -9.69 -7.84 62 135 4 -9.41 4.94 26 178 4 -8.42 -19.96 24 139 3 -27.23 -9.48 31 146 3 55.66 10.53 12 145 2 2.10 -18.52 39 131 2 -35.82 -29.83 16 137 2007 1 18.93 35.32 37 165 2007 1 -31.41 -13.97 8 95 Summerdale Robertsdale Annual 2013 -3.64 -26.04 50 144 Annual 2013 6.93 2.72 122 133 4 -9.14 38.19 9 166 4 7.95 7.87 32 112 3 -38.77 -38.18 13 146 3 12.99 8.06 32 144 2 62.80 44.58 11 124 2 6.81 9.71 24 105 2013 1 31.45 -4.08 16 147 2013 1 -0.96 5.65 32 159 Annual 2012 16.54 30.48 36 243 Annual 2012 8.17 17.27 105 185 4 26.35 -26.49 9 241 4 -14.56 -14.22 33 144 3 3.19 -11.86 10 411 3 43.62 58.06 19 261 Central by Zone 4-Qtr 4-Qtr Average Median Sale Price* Sale Price* % % Zone Year Quarter Total Sold Average Days on Market Central Summerdale continued… 4-Qtr 4-Qtr Average Median Sale Price* Sale Price* % % Zone Year Quarter Total Sold Average Days on Market Seminole Robertsdale continued… 2 20.03 11.40 7 149 2 10.70 2.16 27 141 2012 1 -12.73 45.87 10 144 2012 1 6.72 25.89 25 225 Annual 2011 10.99 10.06 41 241 Annual 2011 -6.80 -6.61 106 146 4 124.59 157.42 7 393 4 24.01 25.76 22 151 3 18.98 83.53 11 283 3 -33.64 -32.54 25 122 2 -24.73 18.25 10 79 2 -2.56 1.16 28 135 2011 1 -22.86 -46.12 13 249 2011 1 0.00 -16.31 30 174 Annual 2010 -23.99 -23.18 42 136 Annual 2010 -6.04 -16.42 104 142 4 -40.69 -42.36 10 109 4 -12.61 -20.67 23 138 3 -53.77 -19.05 13 160 3 11.09 -16.59 25 166 2 -0.13 -30.96 7 148 2 -15.19 -20.76 22 137 2010 1 2.61 -2.52 10 129 2010 1 6.05 -3.45 31 137 Annual 2009 -2.83 -4.35 41 184 Annual 2009 -14.37 -16.25 107 162 4 21.88 23.25 12 149 4 18.64 22.35 28 162 3 31.26 -33.31 9 142 3 -27.04 29.63 27 201 2 -21.03 -25.51 16 206 2 -10.37 -19.33 32 149 2009 1 -27.17 40.00 4 296 2009 1 -35.48 -30.40 19 132 Annual 2008 -31.51 -30.30 24 172 Annual 2008 -6.23 -10.45 102 114 4 -21.38 16.49 7 141 4 -30.86 -36.09 17 76 3 -17.81 7.84 8 265 3 6.95 -4.49 39 120 2 -45.28 -44.70 4 151 2 -4.34 -4.69 28 130 2008 1 -21.25 -55.38 5 82 2008 1 -2.31 -11.35 18 111 Annual 2007 36.70 17.06 43 126 Annual 2007 -7.11 -2.98 135 117 4 -5.70 -42.19 10 88 4 -2.04 0.00 25 100 3 41.70 6.96 9 172 3 -13.83 -7.21 29 120 2 40.01 21.41 16 133 2 -9.24 -3.50 40 102 2007 1 47.30 64.58 8 110 2007 1 -4.14 0.79 37 154 * Figures represent 4-quarter or annual price appreciation calculated from the same quarter one year earlier. For example, the Seminole median percent change between 2008 Q2 and 2009 Q2 equaled -8.28% change on the 3 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@southalbama.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