Baldwin County Association of REALTORS®
23280 County Road 65, Robertsdale, AL 36567
Telephone: 251-947-3777 Fax: 251-947-3788
E-mail: Marthataylor@baldwinrealtors.org
Website: http://www.southalabamamls.com
Gulf Beach
Residential Housing Report
Four-Quarter Price
Appreciation Change % by Zone
Summer 2011
This report is available on the Center for Real Estate Studies website (CRES):
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.
Gulf Beach by Zone
4-Qtr
Average
Sale
Price* %
Zone
Year
Quarter
4-Qtr
Median
Sale
Price* %
Total Avg Days
Sold on Market
4-Qtr
Average
Sale
Price* %
Zone
Year
Quarter
Gulf Beach
4-Qtr
Median
Sale
Price* %
Total Avg Days
Sold on Market
Orange Beach
2
4.53
-0.45
425
207
2
10.95
-1.72
210
208
2011 1
7.53
4.56
299
221
2011 1
12.36
-1.80
147
200
Annual 2010
-13.04
-15.38
1178
182
Annual 2010
-3.68
-10.32
549
189
4
-7.76
-9.28
298
189
4
-0.42
-0.76
145
173
3
-7.68
-14.91
231
189
3
11.33
-11.84
102
217
2
-13.89
-19.64
343
174
2
-6.82
-13.43
153
156
2010 1
-20.27
-19.15
306
180
2010 1
-17.03
-15.88
120
222
Annual 2009
-23.31
-23.98
1195
202
Annual 2009
-27.73
-19.07
498
210
4
-44.36
-55.91
286
206
4
-51.04
-62.44
110
216
3
-18.64
-19.12
323
205
3
-15.90
-12.05
139
202
2
-8.44
-5.17
390
200
2
-6.65
-13.66
149
201
2009 1
-4.44
-8.26
196
191
2009 1
-1.49
-5.48
92
223
Annual 2008
1.14
7.89
945
177
Annual 2008
2.77
2.81
432
149
4
36.28
60.58
279
118
4
54.00
67.31
171
67
3
-10.56
-9.33
239
196
3
-8.79
-13.33
91
195
2
-20.03
-17.38
263
195
2
-22.00
-10.80
98
119
2008 1
-2.73
19.79
164
217
2008 1
-28.80
-26.63
68
201
Annual 2007
-24.15
-31.09
887
257
Annual 2007
-17.45
-15.24
362
194
4
-33.65
-18.69
158
214
4
-45.54
-21.76
76
250
3
-13.18
-22.68
236
189
3
-6.42
-14.29
242
169
2
-17.61
-23.28
244
210
2
-7.19
0.02
204
185
2007 1
-33.01
-43.54
249
395
2007 1
-9.35
-11.72
103
182
-32.5
33
279
Gulf Shores - South / Inter Coastal
Waterway
2
2011 1
-2.80
-6.13
182
192
Fort Morgan
2
-19.11
2.15
1.29
125
228
2011 1
19.01
1.09
27
304
Annual 2010
-18.43
-23.45
536
175
Annual 2010
-20.65
-19.43
92
185
4
-4.53
0.48
127
203
4
-32.26
-34.59
25
219
3
-23.00
-25.42
104
170
3
-21.56
-7.14
23
181
2
-22.00
-31.26
149
184
2
-0.42
13.36
29
176
2010 1
-18.59
-27.55
147
147
2010 1
-39.71
-37.43
15
156
Annual 2009
-16.86
-10.84
556
183
Annual 2009
-8.19
5.11
92
229
4
-12.82
-24.06
139
193
4
4.61
-3.33
14
240
3
-17.27
-4.42
138
211
3
-22.46
-1.87
32
143
2
-17.85
-9.44
191
172
2
-10.87
23.50
30
304
2009 1
-18.65
-11.04
82
150
2009 1
14.92
71.97
16
251
Annual 2008
-0.86
10.67
369
203
Annual 2008
-14.67
-31.28
103
183
4
-16.32
-17.14
69
229
4
-5.12
-4.20
21
228
3
-6.05
-4.23
100
171
3
-11.93
-32.06
29
171
2
-14.47
0.00
118
201
2
-19.43
-51.81
38
178
Gulf Beach by Zone
4-Qtr
Average
Sale
Price* %
Zone
Year
Quarter
4-Qtr
Median
Sale
Price* %
Total Avg Days
Sold on Market
4-Qtr
Average
Sale
Price* %
Zone
Year
Quarter
Gulf Shores-South / Inter Coastal
Waterway continued…
4-Qtr
Median
Sale
Price* %
Total Avg Days
Sold on Market
Fort Morgan continued…
2008 1
19.16
30.00
79
211
2008 1
-13.81
-49.53
14
Annual 2007
-34.94
-47.55
394
201
Annual 2007
-15.62
-4.48
57
192
4
-28.82
-15.35
56
176
4
-13.36
-8.46
10
172
3
-26.67
-38.28
126
205
3
-12.16
-12.50
27
244
2
-21.58
-42.02
180
222
2
-25.65
-12.17
36
198
2007 1
-30.72
-43.30
333
151
2007 1
-27.89
-18.00
21
115
Notes: All data supplied by the Baldwin County Multi-List
* Figures represent 4-quarter or annual price appreciation calculated from the same quarter one
year earlier. For example, the Orange Beach median percent change between 2008 Q2 and 2009
Q2 equaled -13.66% change on the 149 sold properties.
For further information, please contact:
Professor Donald Epley, Director, Center for Real Estate Studies
Mitchell College of Business, University of South Alabama
Email:
depley@usouthal.edu
Phone:
251.460.6735
MLS Office:
251.947.3777
This report completed by:
Michelle Pinochet, Researcher
Center for Real Estate Studies
Mitchell College of Business
164