Eastern Shore Residential Housing Report Quarterly and Annual Price Trends by Zone

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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
Quarterly and Annual Price
Trends 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.
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
*Annual 2013
4
3
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
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
$244,461
$242,508
$256,279
$248,120
$225,695
$230,875
$233,776
$257,611
$213,577
$216,780
$209,728
$188,074
$205,934
$225,393
$216,218
$223,946
$225,296
$225,761
$220,861
$224,947
$235,971
$226,862
$242,735
$246,818
$221,855
$283,805
$253,835
$305,952
$295,342
$264,146
$289,819
$296,741
$285,555
$299,575
$275,297
$285,752
$294,047
$279,814
$284,411
$201,275
$195,813
$209,500
$210,000
$188,000
$187,000
$197,500
$193,250
$186,670
$170,000
$172,750
$162,000
$168,184
$184,250
$178,750
$191,745
$201,500
$195,950
$187,000
$182,500
$190,000
$181,000
$189,950
$207,000
$195,000
$225,000
$210,741
$239,000
$235,000
$215,000
$238,900
$228,450
$239,000
$249,500
$227,900
$235,100
$230,250
$240,450
$241,750
1412
304
391
425
286
1243
267
346
391
237
1100
244
318
288
245
953
221
238
301
193
808
186
248
211
163
835
162
267
234
172
1,096
189
295
356
256
1,143
245
312
399
80
18
23
22
17
70
16
20
24
9
60
14
16
20
9
55
13
14
16
12
38
13
6
15
4
59
14
11
15
19
76
37
16
14
9
56
9
16
23
163
162
156
166
167
175
176
158
189
175
176
172
166
187
176
172
182
160
166
184
182
177
178
197
174
173
163
168
181
180
155
187
156
148
138
125
144
136
115
$350,548,082
$74,840,296
$103,156,679
$105,449,811
$65,599,590
$294,256,950
$63,727,195
$91,978,160
$86,047,925
$52,007,000
$232,553,545
$46,427,591
$65,387,694
$65,850,216
$53,328,543
$217,772,585
$51,654,720
$54,594,461
$67,109,263
$44,414,141
$191,626,710
$42,833,795
$60,270,936
$52,119,701
$36,402,278
$240,199,222
$42,255,719
$80,658,073
$70,155,078
$47,130,352
$319,283,630
$54,691,040
$85,660,673
$108,429,080
$70,502,837
$332,495,169
$73,335,275
$88,627,854
$116,255,835
$14,187,491
$3,247,390
$2,942,700
$5,211,501
$2,785,900
$8,882,400
$2,431,400
$2,307,500
$2,586,600
$1,007,000
$10,731,380
$2,095,400
$3,394,380
$3,570,800
$1,590,800
$7,965,449
$1,064,474
$2,297,225
$2,903,750
$1,700,000
$8,004,350
$2,311,750
$1,383,850
$3,661,250
$647,500
$13,522,399
$2,419,200
$4,396,500
$3,385,156
$3,321,543
$20,384,153
$12,372,488
$3,146,928
$2,413,737
$2,451,000
$9,835,850
$1,352,600
$3,151,200
$3,765,650
2006 1
$287,848
$220,000
187
8
103
$54,276,205
$1,566,400
$201,831
$221,610
$203,114
$201,286
$174,032
$174,900
$175,070
$180,500
$189,950
$179,000
$145,650
$160,000
617
150
163
188
111
528
38
8
13
9
8
37
143
140
138
154
139
150
$128,840,029
$34,081,521
$34,515,318
$39,006,891
$20,162,858
$95,943,861
$3,359,101
$932,900
$1,232,700
$646,501
$547,000
$2,874,500
Eastern Shore
Daphne
*Annual 2013
4
3
2
2013 1
*Annual 2012
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
Daphne
continued ….
Eastern Shore
4
3
2
2012 1
*Annual 2011
4
3
2
2011 1
$188,218
$172,212
$171,672
$169,953
$173,612
$160,646
$163,085
$176,341
$196,823
$180,000
$155,800
$159,200
$150,000
$151,450
$143,626
$152,950
$150,000
$163,343
113
125
170
120
495
119
138
118
116
6
10
14
7
25
6
6
8
4
154
128
164
148
160
167
144
163
159
$21,855,547
$22,442,760
$30,682,483
$20,963,071
$88,333,201
$19,593,785
$23,028,224
$21,650,487
$23,265,204
$542,400
$805,900
$905,200
$621,000
$1,945,050
$487,000
$456,050
$568,500
$353,500
*Annual 2010
$190,996
$166,457
448
28
164
$88,732,105
$2,181,950
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
$194,731
$193,410
$178,068
$209,917
$219,444
$221,942
$219,195
$220,682
$217,185
$248,737
$225,159
$269,613
$244,722
$241,530
$273,609
$233,615
$284,558
$297,783
$256,310
$270,017
$281,121
$271,324
$157,275
$174,000
$164,800
$181,083
$190,000
$186,341
$189,950
$194,500
$215,000
$215,450
$200,000
$240,000
$224,000
$206,350
$239,450
$200,750
$248,900
$264,900
$228,100
$240,000
$248,285
$245,000
91
113
133
87
362
87
125
88
59
369
78
115
98
76
447
69
129
151
109
555
126
133
9
6
6
7
20
7
5
7
1
33
9
7
5
11
29
9
6
10
4
39
5
10
158
169
165
177
172
177
167
204
125
159
161
150
148
180
144
168
158
141
116
122
135
125
$18,815,250
$22,685,517
$24,057,635
$19,232,241
$81,428,071
$20,158,580
$27,696,406
$20,151,615
$12,947,618
$94,885,612
$18,543,517
$31,847,432
$24,281,530
$19,082,133
$125,817,846
$16,945,588
$35,690,819
$43,232,897
$27,543,788
$143,288,612
$34,663,041
$34,224,834
$657,800
$330,300
$693,850
$500,000
$2,399,650
$704,000
$798,950
$813,200
$83,500
$5,106,470
$1,045,300
$1,045,400
$924,856
$1,931,014
$4,419,837
$1,276,372
$1,017,128
$1,732,337
$394,000
$6,300,650
$758,200
$1,861,200
2
$269,693
$240,750
178
16
114
$45,721,575
$2,283,850
2006 1
$259,031
$211,750
114
8
112
$27,873,092
$1,397,400
$282,303
$268,324
$302,944
$290,090
$255,366
$282,086
$276,861
$323,011
$248,583
$269,737
$234,099
$208,101
$225,000
$208,850
$229,950
$250,000
$211,300
$215,000
$234,900
$220,000
$209,750
$171,500
$189,900
$171,000
586
106
172
180
126
529
117
168
156
87
440
87
38
8
8
13
9
32
10
9
10
2
32
7
184
186
179
188
183
206
211
182
223
217
196
179
$165,781,972
$28,508,054
$53,039,359
$51,422,413
$32,235,446
$152,349,833
$33,272,320
$55,779,045
$39,583,353
$23,620,615
$102,048,182
$18,062,977
$10,375,300
$2,080,900
$1,490,500
$4,565,000
$2,238,900
$5,900,200
$1,889,000
$1,393,900
$1,681,400
$386,000
$8,446,530
$1,498,500
Fairhope
*Annual 2013
4
3
2
2013 1
*Annual 2012
4
3
2
2012 1
*Annual 2011
4
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
Fairhope
continued ….
Eastern
Shore
3
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
$218,853
$261,810
$238,644
$252,806
$246,679
$242,722
$256,802
$266,558
$278,056
$266,996
$304,297
$291,415
$240,121
$361,671
$304,557
$185,000
$211,000
$185,000
$197,900
$201,435
$200,000
$190,000
$209,000
$200,950
$183,691
$202,000
$223,250
$193,500
$250,000
$225,387
135
123
94
349
87
85
114
59
271
64
78
70
59
293
57
9
11
5
24
3
6
10
4
17
5
1
8
3
11
4
189
211
202
184
212
153
167
217
216
206
198
225
237
197
179
$28,706,463
$32,180,253
$22,388,489
$88,862,917
$21,907,349
$20,588,674
$29,633,519
$15,712,175
$74,626,172
$16,965,837
$23,454,525
$19,882,300
$14,323,510
$103,653,211
$17,353,952
$2,808,430
$2,902,300
$1,237,300
$5,433,699
$293,774
$1,499,025
$2,209,900
$1,081,000
$5,453,850
$1,456,900
$584,900
$2,848,050
$564,000
$6,294,900
$1,224,000
3
$379,473
$246,000
97
4
201
$34,975,636
$3,351,100
2
2008 1
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
$419,240
$317,604
$347,101
$393,295
$329,991
$344,607
$336,644
$330,187
$361,940
$268,000
$242,500
$263,790
$268,500
$260,000
$265,950
$261,950
$249,750
$244,850
77
61
402
70
111
136
90
458
80
2
1
27
17
4
3
3
19
4
219
182
179
239
164
170
155
130
147
$31,765,179
$19,326,444
$135,960,939
$24,610,420
$35,327,655
$46,312,607
$28,621,935
$147,409,532
$28,360,772
$1,354,800
$365,000
$13,292,550
$9,606,250
$1,301,400
$553,900
$1,676,000
$3,816,200
$594,400
3
$315,038
$249,500
111
6
148
$33,679,256
$1,290,000
2
2006 1
$318,060
$336,925
$259,000
$246,950
141
124
7
2
115
116
$43,364,623
$41,328,701
$1,481,800
$450,000
$264,691
$249,686
$272,785
$266,188
$269,414
$246,367
$232,414
$256,742
$242,801
$257,904
$253,047
$227,711
$299,628
$252,489
$219,281
$254,987
$251,291
$281,671
$253,839
$232,150
$270,000
$259,000
$253,500
$243,000
$237,500
$251,708
$235,000
$267,500
$226,450
$204,000
$241,500
$228,835
$183,500
$249,950
$252,490
$257,500
209
48
56
57
49
186
37
53
65
30
165
38
45
47
35
155
42
34
4
2
2
0
0
1
0
1
0
0
3
1
1
1
0
3
1
1
159
174
139
140
190
157
127
154
174
167
172
173
160
181
161
166
172
142
$55,926,081
$12,250,721
$15,602,002
$15,172,707
$13,201,286
$45,962,896
$8,599,328
$13,756,355
$15,782,089
$7,737,124
$42,172,162
$8,770,829
$13,653,007
$12,019,476
$7,674,850
$39,938,068
$10,692,626
$9,740,570
$453,090
$233,590
$219,500
$0
$0
$107,700
$0
$107,700
$0
$0
$339,800
$109,900
$129,900
$100,000
$0
$349,800
$112,900
$117,900
Spanish Fort
*Annual 2013
4
3
2
2013 1
*Annual 2012
4
3
2
2012 1
*Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
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
$254,900
$195,250
$202,000
$165,000
$192,000
$230,500
$204,450
$248,700
$251,450
$297,000
$249,000
$230,000
$259,000
$265,000
$254,000
$279,500
$251,250
$260,000
$212,500
$283,450
$310,500
$219,355
47
29
125
20
35
40
28
120
21
34
42
23
145
33
40
51
26
175
25
50
57
41
0
1
1
1
0
0
0
11
1
0
5
5
16
11
5
0
0
2
0
0
0
2
167
183
147
109
178
134
154
144
141
140
149
141
113
107
93
123
132
130
109
118
132
156
$11,974,667
$6,820,025
$28,436,967
$3,511,878
$7,853,730
$10,168,009
$6,451,350
$33,269,444
$5,632,150
$9,277,000
$11,289,894
$7,070,400
$40,778,674
$10,058,500
$9,974,500
$13,933,652
$6,812,022
$50,846,714
$6,257,308
$15,000,013
$18,813,944
$10,115,449
$0
$119,000
$150,850
$150,850
$0
$0
$0
$1,592,900
$149,900
$0
$736,600
$706,400
$2,163,266
$1,489,866
$673,400
$0
$0
$350,000
$0
$0
$0
$350,000
Spanish
Fort continued…
Eastern Shore
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
$254,780
$231,301
$226,887
$174,416
$224,392
$254,200
$230,405
$266,125
$262,820
$272,853
$255,883
$277,743
$266,720
$262,463
$266,198
$273,209
$262,001
$292,553
$250,292
$300,000
$330,069
$255,255
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;
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@southalabama.edu
Email:
Phone:
251.460.6735
MLS:
251.947.3777
This report completed by:
Andrea Justiniano, Research Associate
Center for Real Estate & Economic Development
Mitchell College of Business
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