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
2012 Quarter 3
This report is available on the Center for Real Estate Studies website (CRES):
http://cres.southalabama.edu/
The data was assembled by Meredith McCutchen, Research Associate
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
$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
$287,848
$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
$220,000
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
187
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
8
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
103
$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
$54,276,205
$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
$1,566,400
$172,212
$171,672
$169,953
$173,612
$160,646
$163,085
$176,341
$196,823
$190,996
$194,731
$193,410
$178,068
$209,917
$219,444
$221,942
$155,800
$159,200
$150,000
$151,450
$143,626
$152,950
$150,000
$163,343
$166,457
$157,275
$174,000
$164,800
$181,083
$190,000
$186,341
125
170
120
495
119
138
118
116
448
91
113
133
87
362
87
10
14
7
25
6
6
8
4
28
9
6
6
7
20
7
128
164
148
160
167
144
163
159
164
158
169
165
177
172
177
$22,442,760
$30,682,483
$20,963,071
$88,333,201
$19,593,785
$23,028,224
$21,650,487
$23,265,204
$88,732,105
$18,815,250
$22,685,517
$24,057,635
$19,232,241
$81,428,071
$20,158,580
$805,900
$905,200
$621,000
$1,945,050
$487,000
$456,050
$568,500
$353,500
$2,181,950
$657,800
$330,300
$693,850
$500,000
$2,399,650
$704,000
Eastern Shore
2012 3
2012 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
2006 1
Daphne
2012 3
2012 2
2012 1
Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
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
$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
$269,693
$259,031
$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
$240,750
$211,750
125
88
59
369
78
115
98
76
447
69
129
151
109
555
126
133
178
114
5
7
1
33
9
7
5
11
29
9
6
10
4
39
5
10
16
8
167
204
125
159
161
150
148
180
144
168
158
141
116
122
135
125
114
112
$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
$45,721,575
$27,873,092
$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
$2,283,850
$1,397,400
$323,011
$248,583
$269,737
$234,099
$208,101
$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
$379,473
$419,240
$317,604
$347,101
$393,295
$329,991
$344,607
$336,644
$330,187
$361,940
$220,000
$209,750
$171,500
$189,900
$171,000
$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
$246,000
$268,000
$242,500
$263,790
$268,500
$260,000
$265,950
$261,950
$249,750
$244,850
168
156
87
440
87
135
123
94
349
87
85
114
59
271
64
78
70
59
293
57
97
77
61
402
70
111
136
90
458
80
9
10
2
32
7
9
11
5
24
3
6
10
4
17
5
1
8
3
11
4
4
2
1
27
17
4
3
3
19
4
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
130
147
$55,779,045
$39,583,353
$23,620,615
$102,048,182
$18,062,977
$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
$34,975,636
$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
$1,393,900
$1,681,400
$386,000
$8,446,530
$1,498,500
$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
$3,351,100
$1,354,800
$365,000
$13,292,550
$9,606,250
$1,301,400
$553,900
$1,676,000
$3,816,200
$594,400
Daphne continued ….
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
Fairhope
2012 3
2012 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
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
$315,038
$318,060
$336,925
$249,500
$259,000
$246,950
111
141
124
6
7
2
148
115
116
$33,679,256
$43,364,623
$41,328,701
$1,290,000
$1,481,800
$450,000
$256,742
$242,801
$257,904
$253,047
$227,711
$299,628
$252,489
$219,281
$254,987
$251,291
$281,671
$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
$251,708
$235,000
$267,500
$226,450
$204,000
$241,500
$228,835
$183,500
$249,950
$252,490
$257,500
$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
53
65
30
165
38
45
47
35
155
42
34
47
29
125
20
35
40
28
120
21
34
42
23
145
33
40
51
26
175
25
50
57
41
1
0
0
3
1
1
1
0
3
1
1
0
1
1
1
0
0
0
11
1
0
5
5
16
11
5
0
0
2
0
0
0
2
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
130
109
118
132
156
$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
$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
$107,700
$0
$0
$339,800
$109,900
$129,900
$100,000
$0
$349,800
$112,900
$117,900
$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
Fairhope continued ….
3
2
2006 1
Spanish Fort
2012 3
2012 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
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;
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 Studies
This report completed by: Meredith McCutchen, Researcher
Email:
depley@usouthal.edu
Center for Real Estate Studies
Phone:
251.460.6735
Mitchell College of Business
MLS:
251.947.3777
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