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
Summer 2011
This report is available on the Center for Real Estate Studies website:
http://cres.southalabama.edu/
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.
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
$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
$177,758
$168,390
$174,537
$181,914
$184,686
$177,158
$172,633
$177,679
$181,627
$174,255
$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
$152,500
$150,000
$152,925
$150,000
$155,000
$152,000
$147,950
$147,975
$166,950
$139,450
84
77
261
60
69
63
69
252
68
64
71
49
255
59
85
61
50
386
90
88
115
93
317
79
95
98
45
0
0
1
0
1
0
0
0
0
0
0
0
1
1
0
0
0
3
1
0
0
2
6
0
1
2
3
124
165
157
133
173
160
158
184
161
207
186
182
148
141
171
130
142
140
130
133
119
180
141
126
151
158
111
$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
$68,236,526
$15,111,972
$15,359,264
$20,920,131
$16,845,159
$56,142,306
$13,638,045
$16,949,507
$17,613,292
$7,941,462
$0
$0
$85,000
$0
$85,000
$0
$0
$0
$0
$0
$0
$0
$449,650
$449,650
$0
$0
$0
$911,500
$211,500
$0
$0
$700,000
$1,079,884
$0
$107,700
$549,384
$422,800
$114,500
$118,450
$113,394
$143,400
$83,600
$111,800
$103,667
$170,647
$217,967
$208,000
$128,000
$0
$175,942
$118,926
$238,950
$160,933
$260,950
$63,000
$118,450
$94,350
$114,000
$74,950
$111,800
$102,000
$168,750
$178,900
$208,000
$165,000
$0
$177,450
$112,500
$238,950
$179,900
$260,950
4
2
16
6
4
2
3
8
3
1
3
0
12
4
2
3
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
68
105
232
156
217
629
178
165
187
139
206
0
172
74
340
226
173
$458,000
$236,900
$1,814,300
$860,400
$334,400
$223,600
$311,000
$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
$0
$0
$0
$0
$0
$0
$0
Central
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
Seminole
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
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
Seminole continued ….
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
2006 1
$168,355
$207,667
$133,633
$192,467
$125,300
$166,817
$190,000
$175,950
$207,000
$126,000
$160,000
$211,500
$86,000
$161,500
$125,300
$177,500
$190,000
$175,950
$207,000
$126,000
10
2
3
3
2
6
1
2
1
2
1
1
0
0
0
0
0
0
0
0
103
141
131
59
70
79
64
100
76
67
$1,640,400
$411,500
$400,900
$577,400
$250,600
$1,000,900
$190,000
$351,900
$207,000
$252,000
$211,500
$211,500
$0
$0
$0
$0
$0
$0
$0
$0
$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
$203,348
$185,694
$184,114
$210,050
$210,620
$210,830
$204,977
$253,004
$205,731
$177,096
$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
$165,900
$174,200
$159,950
$156,950
$186,000
$171,605
$166,000
$176,706
$192,623
$137,450
33
20
73
19
18
15
18
62
18
16
13
16
77
20
22
18
15
133
26
31
39
35
116
34
28
30
20
0
0
1
0
1
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
2
3
0
1
2
0
143
125
169
132
203
164
181
175
133
267
161
141
165
185
193
98
183
158
178
146
131
165
123
131
95
140
86
$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
$26,751,916
$4,828,050
$5,707,522
$8,191,935
$6,671,709
$23,799,221
$6,969,226
$6,976,412
$5,622,540
$3,541,912
$0
$0
$85,000
$0
$85,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$700,000
$0
$0
$0
$700,000
$657,084
$0
$107,700
$549,384
$0
$125,834
$97,708
$147,283
$174,750
$135,700
$152,660
$119,900
$98,450
$145,000
$174,750
$120,000
$147,500
9
12
26
2
7
10
0
0
0
0
0
0
98
127
167
134
154
143
$1,132,504
$1,172,495
$3,829,350
$349,500
$949,900
$1,526,600
$0
$0
$0
$0
$0
$0
Loxley
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
Silverhill
2
2011 1
*Annual 2010
4
3
2
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
Silverhill continued ….
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
$143,336
$168,384
$139,825
$154,896
$234,939
$139,318
$160,788
$141,143
$165,825
$178,602
$157,990
$200,999
$208,672
$258,350
$161,076
$162,425
$222,572
$227,858
$165,975
$250,991
$236,798
$147,750
$153,350
$137,000
$155,000
$170,000
$155,500
$155,120
$146,560
$153,000
$165,000
$169,500
$185,710
$198,484
$188,898
$163,500
$170,000
$201,500
$247,989
$170,900
$233,000
$197,610
7
34
6
8
9
11
37
8
12
7
10
62
24
12
16
8
30
5
8
13
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
225
271
262
242
296
277
177
150
230
142
159
135
139
145
137
95
114
118
75
160
30
$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
$12,461,933
$5,008,117
$3,100,196
$2,577,220
$1,299,400
$6,677,159
$1,139,289
$1,327,800
$3,262,880
$947,190
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$92,351
$96,210
$99,641
$93,307
$105,534
$94,780
$96,211
$106,041
$106,771
$95,000
$111,750
$90,726
$123,830
$89,994
$130,215
$124,682
$140,626
$132,055
$130,163
$121,751
$130,333
$143,958
$142,170
$83,200
$70,300
$84,000
$82,500
$91,900
$82,250
$84,000
$100,500
$104,000
$110,183
$103,800
$87,000
$120,000
$85,000
$122,250
$128,675
$125,000
$134,000
$133,000
$128,000
$135,000
$141,000
$138,115
28
30
104
23
25
22
31
107
28
27
32
19
102
17
39
28
18
135
25
29
40
37
140
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
135
174
142
138
166
137
137
162
162
201
149
132
114
76
120
130
111
117
100
120
102
154
122
$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
$12,630,654
$1,529,900
$5,078,375
$3,491,105
$2,531,274
$17,827,387
$3,254,065
$3,530,776
$5,213,326
$5,326,450
$19,613,891
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$289,900
Robertsdale
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
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
Robertsdale continued…
4
3
2
2006 1
$132,879
$141,284
$143,595
$150,168
$133,000
$137,950
$139,900
$139,900
25
35
40
39
0
0
0
2
127
140
107
118
$3,321,980
$4,944,950
$5,743,796
$5,566,665
$0
$0
$0
$289,900
$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
$213,270
$140,394
$191,322
$263,834
$227,925
$156,018
$148,888
$135,023
$188,435
$154,733
$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
$165,000
$79,750
$146,000
$221,513
$190,500
$140,950
$137,950
$136,500
$182,450
$115,750
10
13
42
10
13
7
10
41
12
9
16
4
24
7
8
4
5
43
10
9
16
8
59
13
19
14
12
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
1
79
249
136
109
160
148
129
184
149
142
206
296
172
141
265
151
82
126
88
172
133
110
129
123
104
106
194
$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
$9,170,590
$1,403,940
$1,721,900
$4,221,350
$1,823,400
$9,072,173
$1,935,550
$2,565,430
$2,638,093
$1,723,900
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$132,900
$0
$0
$0
$132,900
Summerdale
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
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 Studies
depley@usouthal.edu
Email:
251.460.6735
Phone:
251.947.3777
MLS:
This report completed by:
Michelle Pinochet, Researcher
Center for Real Estate Studies
Mitchell College of Business