Baldwin County Association of REALTORS® 23280 County Road 65, Robertsdale, AL 36567 Website: http://www.southalabamamls.com Telephone: 251-947-3777 Fax: 251-947-3788 E-mail: Marthataylor@baldwinrealtors.org Baldwin County Association of REALTORS® Newsletter Central Baldwin Region Residential Housing Report Quarterly and Annual Price Trends 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. 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 $134,660 $111,833 $117,203 $119,490 $122,229 $118,237 $106,854 $102,861 $110,580 $103,454 $98,327 $100,271 $114,257 $109,908 $104,843 $125,717 $117,125 $129,242 $124,581 $138,308 $130,825 $121,576 $145,043 $127,708 $149,478 $145,955 $157,192 $125,000 $109,700 $100,000 $95,000 $114,000 $101,250 $89,900 $89,950 $99,500 $85,000 $87,700 $90,000 $100,000 $91,500 $87,500 $116,500 $105,000 $115,000 $111,750 $119,586 $112,000 $120,000 $139,450 $120,750 $140,000 $139,000 $148,425 88 80 263 71 57 67 66 310 62 83 84 77 261 60 69 63 69 252 68 64 71 49 255 59 85 61 50 1 0 4 2 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 127 161 169 144 248 128 172 161 168 191 124 165 157 133 173 160 158 184 161 207 186 182 148 141 171 130 142 $11,893,765 $8,946,610 $30,955,588 $8,542,750 $6,967,077 $7,917,414 $7,124,347 $31,886,842 $6,855,982 $8,586,650 $8,259,460 $7,720,850 $29,850,226 $6,594,467 $7,253,980 $7,920,170 $8,081,609 $32,568,972 $8,471,486 $8,851,736 $9,288,550 $5,957,200 $36,681,295 $7,212,835 $12,705,590 $8,903,282 $7,859,588 $91,000 $0 $337,600 $180,000 $0 $122,700 $34,900 $0 $0 $0 $0 $0 $85,000 $0 $85,000 $0 $0 $0 $0 $0 $0 $0 $449,650 $449,650 $0 $0 $0 $105,339 $39,000 $112,955 $114,625 $0 $106,750 $119,000 $131,526 $100,175 $180,821 $114,500 $118,450 $113,394 $143,400 $83,600 $111,800 $103,667 $117,278 $39,000 $107,000 $104,000 $0 $105,000 $107,000 $105,000 $84,700 $118,500 $63,000 $118,450 $94,350 $114,000 $74,950 $111,800 $102,000 4 2 11 4 0 4 3 21 8 7 4 2 16 6 4 2 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 210 225 176 196 0 177 147 95 117 84 68 105 232 156 217 629 178 $421,355 $78,000 $1,242,500 $458,500 $0 $427,000 $357,000 $2,762,050 $801,400 $1,265,750 $458,000 $236,900 $1,814,300 $860,400 $334,400 $223,600 $311,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Central 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 Seminole 2 2013 1 *Annual 2012 4 3 2 2012 1 *Annual 2011 4 3 2 2011 1 *Annual 2010 4 3 2 2010 1 USA Center for Real Estate and Economic Development Page 2 of 5 Total Residential Zone / Year / Quarter Avg Sale Price Median Sale Price Sold Dollar Volume Residential Sold Condos Sold Avg Days on Market Total Sold Residential Total Sold Condo Central continued …. Seminole *Annual 2009 4 3 2 2009 1 *Annual 2008 4 3 2 2008 1 $170,647 $217,967 $208,000 $128,000 $0 $175,942 $118,926 $238,950 $160,933 $260,950 $168,750 $178,900 $208,000 $165,000 $0 $177,450 $112,500 $238,950 $179,900 $260,950 8 3 1 3 0 12 4 2 3 2 0 0 0 0 0 0 0 0 0 0 165 187 139 206 0 172 74 340 226 173 $1,365,172 $653,900 $208,000 $384,000 $0 $2,111,305 $475,705 $477,900 $482,800 $521,900 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $140,555 $124,226 $124,696 $110,007 $137,797 $127,659 $110,018 $100,059 $92,091 $101,732 $97,760 $103,995 $126,998 $128,453 $91,686 $146,131 $135,740 $135,360 $126,867 $124,750 $123,023 $146,750 $156,523 $143,653 $161,842 $149,954 $155,268 $128,950 $125,000 $114,700 $112,950 $123,200 $114,950 $89,900 $95,000 $88,450 $90,000 $89,900 $100,950 $119,400 $115,000 $75,500 $137,000 $117,450 $125,750 $111,500 $142,706 $125,000 $143,200 $146,950 $143,015 $138,799 $146,950 $157,415 37 21 81 19 19 25 17 105 18 31 33 20 73 19 18 15 18 62 18 16 13 16 77 20 22 18 15 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 127 177 121 92 196 99 114 163 148 221 143 125 169 132 203 164 181 175 133 267 161 141 165 185 193 98 183 $5,250,072 $2,608,750 $10,080,076 $2,055,149 $2,618,150 $3,191,477 $1,870,300 $10,506,222 $1,657,631 $3,153,700 $3,226,096 $2,079,895 $9,312,825 $2,440,600 $1,657,030 $2,191,970 $2,443,325 $8,392,300 $2,283,600 $2,283,300 $1,599,300 $2,348,000 $12,052,249 $2,873,055 $3,560,515 $2,699,165 $2,329,014 $91,000 $0 $145,000 $145,000 $0 $0 $0 $0 $0 $0 $0 $0 $85,000 $0 $85,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $146,584 $122,954 $128,918 $109,143 $119,478 $188,200 $121,833 $146,750 $125,000 $120,000 $81,000 $130,000 $125,000 $90,500 12 9 32 6 9 5 12 0 0 1 1 0 0 0 143 147 154 135 149 138 175 $1,759,003 $1,106,585 $4,219,302 $729,000 $1,075,301 $941,000 $1,462,001 $0 $0 $35,000 $35,000 $0 $0 $0 Loxley 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 Silverhill 2 2013 1 *Annual 2012 4 3 2 2012 1 USA Center for Real Estate and Economic Development Page 3 of 5 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 $104,485 $85,279 $107,111 $125,834 $97,708 $147,283 $174,750 $135,700 $152,660 $143,336 $168,384 $139,825 $154,896 $234,939 $139,318 $160,788 $141,143 $165,825 $178,602 $157,990 $97,951 $76,000 $88,000 $119,900 $98,450 $145,000 $174,750 $120,000 $147,500 $147,750 $153,350 $137,000 $155,000 $170,000 $155,500 $155,120 $146,560 $153,000 $165,000 $169,500 37 7 9 9 12 26 2 7 10 7 34 6 8 9 11 37 8 12 7 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 146 107 248 98 127 167 134 154 143 225 271 262 242 296 277 177 150 230 142 159 $3,865,950 $596,951 $964,000 $1,132,504 $1,172,495 $3,829,350 $349,500 $949,900 $1,526,600 $1,003,350 $5,725,065 $838,950 $1,239,165 $2,114,450 $1,532,500 $5,949,152 $1,129,140 $1,989,900 $1,250,212 $1,579,900 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $109,206 $101,686 $100,454 $98,858 $100,576 $102,240 $102,676 $92,863 $115,709 $70,028 $92,351 $96,210 $99,641 $93,307 $105,534 $94,780 $96,211 $106,041 $106,771 $95,000 $111,750 $90,726 $93,250 $93,500 $92,000 $89,000 $98,000 $85,000 $88,500 $78,450 $103,750 $62,000 $83,200 $70,300 $84,000 $82,500 $91,900 $82,250 $84,000 $100,500 $104,000 $110,183 $103,800 $87,000 24 32 105 33 19 27 25 106 22 25 28 30 104 23 25 22 31 107 28 27 32 19 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105 159 185 144 261 141 225 146 151 122 135 174 142 138 166 137 137 162 162 201 149 132 $2,620,935 $3,253,950 $10,547,643 $3,262,301 $1,910,950 $2,760,481 $2,566,911 $9,843,425 $2,545,600 $1,750,700 $2,585,815 $2,886,310 $10,362,701 $2,146,067 $2,638,350 $2,085,150 $2,982,534 $11,346,337 $2,989,588 $2,974,949 $3,576,000 $1,723,800 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Central continued… Silverhill *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 Robertsdale 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 USA Center for Real Estate and Economic Development Page 4 of 5 Total Residential Zone / Year / Quarter Avg Sale Price Median Sale Price Sold Dollar Volume Residential Sold Condos Sold Avg Days on Market Total Sold Residential Total Sold Condo Central Robertsdale continued …. *Annual 2008 4 3 2 2008 1 $123,830 $89,994 $130,215 $124,682 $140,626 $120,000 $85,000 $122,250 $128,675 $125,000 102 17 39 28 18 0 0 0 0 0 114 76 120 130 111 $12,630,654 $1,529,900 $5,078,375 $3,491,105 $2,531,274 $0 $0 $0 $0 $0 $167,491 $118,708 $139,546 $226,422 $136,268 $102,879 $90,304 $119,736 $179,200 $132,045 $85,705 $103,481 $107,882 $79,790 $110,985 $113,864 $134,140 $141,927 $134,529 $206,394 $114,013 $130,725 $146,065 $110,379 $157,238 $144,375 $179,500 $120,000 $87,450 $121,350 $124,900 $137,500 $83,000 $91,168 $93,000 $169,900 $156,000 $74,500 $62,500 $84,500 $66,000 $85,000 $63,000 $116,000 $110,000 $114,500 $105,000 $91,250 $119,000 $115,000 $92,900 $157,450 $122,500 $85,000 11 16 34 9 10 6 9 41 7 11 10 13 42 10 13 7 10 41 12 9 16 4 24 7 8 4 5 0 0 2 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 124 147 243 241 411 149 144 241 393 283 79 249 136 109 160 148 129 184 149 142 206 296 172 141 265 151 82 $1,842,400 $1,899,325 $4,866,067 $2,037,800 $1,362,676 $597,456 $868,135 $4,909,195 $1,254,400 $1,452,500 $857,045 $1,345,250 $4,531,050 $797,900 $1,442,800 $797,050 $1,341,400 $5,818,998 $1,614,348 $1,857,550 $1,824,200 $522,900 $3,505,550 $772,650 $1,257,900 $577,500 $897,500 $0 $0 $157,600 $0 $0 $122,700 $34,900 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Summerdale 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 USA takes reasonable measures to ensure the quality of the data and other information produced. However, USA makes no warrant y, 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 con stitute an endorsement, 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; For further information, please contact: Professor Donald Epley, Director Center for Real Estate & Economic Development Email: depley@southalabama.edu Phone: 251.460.6735 MLS: 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 5 of 5