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 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. 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 2 13.89 23.46 89 127 2 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 4.66 13.94 8.06 18.15 20.25 6.56 -9.97 0.61 -1.32 -21.79 -14.39 -11.59 -11.78 -24.2 -3.90 -3.66 -10.89 -2.45 -7.47 -10.37 -22.66 -18.40 -24.16 -14.36 -19.77 -14.89 22.02 11.17 -4.52 34.12 15.45 -0.11 -10.05 8.74 -2.86 -24.72 -14.29 -13.04 -18.12 -26.83 4.02 -12.50 -17.53 -7.45 -14.58 -19.42 -19.15 -8.56 -19.50 -8.45 -7.33 -4.24 80 267 73 57 68 67 310 62 83 84 77 262 60 70 63 69 252 68 64 71 49 256 60 85 61 50 161 169 144 248 128 172 161 168 191 124 165 157 133 173 160 158 184 161 207 186 182 148 141 171 130 142 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 Loxley -1.32 11.69 4 210 -67.23 -14.12 14.42 0.00 -6.77 0.46 15.99 -30.14 116.29 2.42 14.26 -33.55 -34.21 -59.81 -12.66 100.00 -3.01 83.28 -12.95 -20.46 -100.00 4.51 -42.73 78.81 -16.38 108.26 -63.55 1.90 22.79 0.00 66.67 -9.67 11.29 -25.70 58.11 -43.65 16.13 -44.09 -36.28 -63.97 -32.24 100.00 -4.90 59.02 -12.95 -8.28 -100.00 10.91 -46.81 177.85 11.39 108.26 2 11 4 0 4 3 21 8 7 4 2 16 6 4 2 3 8 3 1 3 0 12 4 2 3 2 225 176 196 0 177 147 95 117 84 68 105 232 156 217 629 178 165 187 139 206 0 172 74 340 226 173 Silverhill 2 10.10 12.18 38 127 2 -22.11 17.40 12 143 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 12.91 24.62 19.45 35.45 30.58 5.79 -21.21 -28.31 10.96 -33.10 -23.39 -6.18 1.25 -26.50 18.78 -7.50 -13.52 -11.69 -22.92 -17.96 -5.49 39.04 20.74 39.01 36.89 27.86 -10.95 -20.44 -23.09 19.21 -34.38 -14.05 -5.05 3.14 -47.09 9.60 -17.98 -14.43 -22.04 2.81 -14.94 -9.03 21 82 20 19 25 17 105 18 31 33 20 74 19 19 15 18 62 18 16 13 16 177 121 92 196 99 114 163 148 221 143 125 169 132 203 164 181 175 133 267 161 141 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 0.92 23.38 27.98 11.55 49.56 24.69 -29.06 -51.20 -21.07 -17.57 -31.83 -12.53 24.98 -12.39 -35.02 2.88 4.72 -0.93 -6.59 31.54 -11.82 38.12 22.51 6.58 47.73 4.25 -8.08 -32.45 -56.51 -26.67 -18.71 -33.37 -5.45 27.55 -22.58 -13.24 -4.98 -1.14 -6.52 1.31 3.03 -8.26 9 33 7 9 5 12 37 7 9 9 12 26 2 7 10 7 34 9 8 9 11 147 154 135 149 138 175 146 107 248 98 127 167 134 154 143 225 271 262 242 296 277 USA Center for Real Estate and Economic Development Page 2 of 3 Central by Zone 4-Qtr 4-Qtr Average Median Sale Price* Sale Price* % % Zone Year Quarter Total Sold Average Days on Market LoxleyCentral continued… Annual 2008 4 3 2 2008 1 -23.03 -22.64 -12.10 -28.61 -26.28 -11.42 -17.90 -13.22 -6.37 -15.37 77 20 22 18 15 4-Qtr 4-Qtr Average Median Sale Price* Sale Price* % % Zone Year Quarter Total Sold Average Days on Market Seminole Silverhill continued… 165 185 193 98 183 Annual 2008 4 3 2 2008 1 Summerdale -20.00 -32.36 -35.81 10.88 -2.73 -16.47 -26.16 -19.00 0.92 -0.29 37 8 12 7 10 177 150 230 142 159 Robertsdale 2 62.80 44.58 11 124 2 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 31.45 16.54 26.35 3.19 20.03 -12.73 10.99 124.59 18.98 -24.73 -22.86 -23.99 -40.69 -53.77 -0.13 2.61 -2.83 21.88 31.26 -21.03 -27.17 -31.51 -21.38 -17.81 -45.28 -21.25 -4.08 30.48 -26.49 -11.86 11.40 45.87 10.06 157.42 83.53 18.25 -46.12 -23.18 -42.36 -19.05 -30.96 -2.52 -4.35 23.25 -33.31 -25.51 40.00 -30.30 16.49 7.84 -44.70 -55.38 16 36 9 10 7 10 41 7 11 10 13 42 10 13 7 10 41 12 9 16 4 24 7 8 4 5 147 243 241 411 149 144 241 393 283 79 249 136 109 160 148 129 184 149 142 206 296 172 141 265 151 82 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 6.81 9.71 24 105 -0.96 8.17 -14.56 43.62 10.70 6.72 -6.80 24.01 -33.64 -2.56 0.00 -6.04 -12.61 11.09 -15.19 6.05 -14.37 18.64 -27.04 -10.37 -35.48 -6.23 -30.86 6.95 -4.34 -2.31 5.65 17.27 -14.22 58.06 2.16 25.89 -6.61 25.76 -32.54 1.16 -16.31 -16.42 -20.67 -16.59 -20.76 -3.45 -16.25 22.35 29.63 -19.33 -30.40 -10.45 -36.09 -4.49 -4.69 -11.35 32 105 33 19 27 25 106 22 25 28 30 104 23 25 22 31 107 28 27 32 19 102 17 39 28 18 159 185 144 261 141 225 146 151 122 135 174 142 138 166 137 137 162 162 201 149 132 114 76 120 130 111 * 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 Email: depley@southalabama.edu Phone: 251.460.6735 MLS Office: 251.947.3777 USA Center for Real Estate and Economic Development This report completed by: Michelle Pinochet, Senior Research Analyst Center for Real Estate & Economic Development Mitchell College of Business University of South Alabama Page 3 of 3