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 Eastern Shore 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 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 constitute an endorsement, recommendation, or favoring by USA. Eastern Shore 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 Eastern Shore Total Sold Average Days on Market Daphne Annual 2013 5.88 7.63 1492 163 Annual 2013 15.40 9.42 655 143 4 3.74 -0.85 322 162 4 17.74 0.28 158 140 3 -0.52 8.41 414 156 3 17.94 21.92 176 138 2 16.17 12.49 446 166 2 17.25 12.44 197 154 2013 1 4.11 10.59 303 167 2013 1 2.40 -2.90 119 139 Annual 2012 10.08 8.25 1313 175 Annual 2012 0.74 5.65 565 150 4 24.30 21.91 283 176 4 17.16 25.33 119 154 3 25.09 14.90 366 158 3 5.59 1.86 135 128 2 -5.24 1.31 415 189 2 -2.65 6.13 184 164 2012 1 0.26 4.89 246 175 2012 1 -13.65 28.93 127 148 Annual 2011 -6.35 -9.91 1160 176 Annual 2011 -9.10 -9.02 520 160 4 -16.52 -19.60 258 172 4 -17.50 -8.68 125 167 3 -8.78 -14.17 334 166 3 -15.68 -12.10 144 144 2 2.05 -1.47 308 187 2 -0.97 -8.98 126 163 2011 1 -3.88 -2.05 254 176 2011 1 -6.24 -9.80 120 159 Annual 2010 4 3 -5.10 -0.69 -6.99 0.92 11.33 3.16 1008 234 252 172 182 160 Annual 2010 4 3 -12.96 -12.26 -11.76 -12.39 -15.60 -8.40 476 100 119 164 158 169 2 -10.52 -9.66 317 166 2 -19.31 -15.27 139 165 1.39 -6.41 205 184 2010 1 -3.35 -15.78 94 177 Annual 2009 2010 1 -16.85 -15.56 846 182 Annual 2009 -11.78 -11.81 382 172 4 -10.63 -14.11 199 177 4 -1.43 -6.83 94 177 3 -20.66 -20.52 254 178 3 -18.70 -20.85 130 167 2 -16.43 -11.91 226 197 2 -9.82 -13.17 95 204 2009 1 -16.01 -9.30 167 174 2009 1 -10.08 4.19 60 125 Annual 2008 4 3 2 2008 1 -2.08 -14.46 7.14 -1.41 -4.05 1.42 0.92 2.05 5.33 -4.36 -5.82 -7.75 0.00 -5.81 -5.66 1.62 -0.78 -0.60 3.21 3.59 894 176 278 249 191 1,172 226 311 370 265 173 163 168 181 180 155 187 156 148 138 Annual 2008 4 3 2 2008 1 -9.09 -3.62 -5.25 -17.82 -5.77 1.33 -16.90 4.88 10.42 -1.05 -10.02 -0.37 -3.58 -15.44 -9.54 -0.23 -19.15 1.59 10.03 7.72 402 87 122 103 87 476 78 135 161 113 159 161 150 148 180 144 168 158 141 116 Annual 2007 4 3 2 2007 1 Annual 2007 4 3 2 2007 1 Fairhope Spanish Fort Annual 2013 0.08 4.65 624 184 Annual 2013 7.44 4.46 213 159 4 -3.08 -11.09 114 186 4 7.43 -2.25 50 174 3 -6.21 4.52 180 179 3 6.25 7.27 58 139 Eastern Shore by Zone 4-Qtr 4-Qtr Average Median Sale Price* Sale Price* % % Zone Year Quarter Total Sold Average Days on Market Fairhope continued… Eastern Shore 4-Qtr 4-Qtr Average Median Sale Price* Sale Price* % % Zone Year Quarter Total Sold Average Days on Market Spanish Fort continued… Daphne 2 16.70 19.19 193 188 2 9.63 10.21 57 140 2013 1 -5.33 23.21 135 183 2013 1 4.46 -5.23 49 190 Annual 2012 20.49 13.22 561 206 Annual 2012 -2.64 7.31 187 157 4 33.04 37.37 127 211 4 2.07 16.42 37 127 3 2 2012 1 47.59 -5.05 13.03 -7.40 -15.64 -9.83 1.95 -10.47 -9.08 -7.61 -20.24 -11.88 11.01 -23.12 -12.33 -19.81 -30.49 -24.40 4.20 -22.56 14.99 21.66 -5.66 5.12 8.66 4.75 8.35 -0.08 18.91 -0.59 -7.29 -4.04 -15.11 -7.50 11.05 -11.48 -1.52 9.66 -0.99 -14.89 8.01 -19.62 -18.50 -17.89 -16.70 -20.21 -5.23 -16.06 -5.38 0.77 -7.43 5.62 9.66 4.21 2.68 6.07 177 166 89 472 94 144 134 99 373 90 91 124 63 288 69 79 78 62 304 61 101 79 62 429 87 115 139 93 182 223 217 196 179 189 211 202 184 212 153 167 217 216 206 198 225 237 197 179 201 219 182 179 239 164 170 155 3 2 2012 1 -14.31 -3.84 17.61 -0.76 -9.38 6.38 -0.9 -5.2 12.39 44.08 25.53 0.23 0.39 -14.74 -33.64 -17.76 -0.66 -17.04 -0.22 0.14 2.50 -6.34 6.01 -8.83 4.86 -11.27 -17.23 2.64 4.23 2.69 45.78 -9.40 -19.20 -6.21 -10.23 -6.02 23.74 53.02 34.11 10.59 -4.50 -18.78 -34.38 -35.35 -7.43 -11.11 -3.98 -5.11 16.93 -10.91 -8.46 -0.38 24.71 -10.39 -9.98 14.54 54 65 30 168 39 46 48 35 158 43 35 47 30 126 21 35 40 28 131 22 34 47 28 161 44 5 51 26 154 174 167 172 173 160 181 161 166 172 142 167 183 147 109 178 134 154 144 141 140 149 141 113 107 93 123 132 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 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 * Figures represent 4-quarter or annual price appreciation calculated from the same quarter one year earlier. For example, Daphne median percent change between 2008 Q2 and 2009 Q2 equaled -13.17% change on the 95 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 For further information, please contact: Professor Donald Epley, Director Center for Real Estate & Economic Development depley@southalabama.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