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
Gulf Beach
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
$278,042
$274,938
$268,193
$259,162
$299,675
$266,002
$255,676
$308,400
$280,979
$324,620
$308,902
$320,683
$402,150
$505,030
$398,995
$337,391
$335,574
$397,612
$370,586
$446,101
$421,904
$344,998
$524,226
$558,501
$513,816
$512,054
$515,009
$220,000
$222,970
$220,000
$220,000
$234,000
$221,000
$213,250
$260,000
$242,500
$275,000
$275,000
$263,750
$342,000
$550,000
$340,000
$290,000
$287,500
$317,000
$342,500
$375,000
$351,000
$240,000
$460,000
$421,250
$485,000
$457,500
$425,000
104
77
302
70
64
89
79
299
69
82
106
42
192
40
53
63
36
189
37
59
60
33
160
37
39
55
29
321
222
876
228
167
254
227
896
217
241
284
154
753
239
186
200
128
698
121
177
184
216
631
153
256
155
67
207
221
182
189
189
174
180
202
206
205
200
191
177
118
196
195
217
257
214
189
210
395
442
351
635
374
182
$30,031,865
$19,727,943
$85,241,192
$17,134,500
$21,571,849
$24,009,975
$22,524,868
$95,086,985
$20,206,517
$27,175,278
$35,933,350
$11,771,840
$83,101,852
$13,346,400
$28,493,901
$25,954,990
$15,306,561
$87,014,040
$12,786,500
$28,685,035
$27,662,880
$17,879,625
$86,169,775
$22,407,975
$22,410,875
$26,929,400
$14,421,525
$88,135,893
$62,478,530
$230,689,654
$60,095,826
$47,653,051
$67,228,650
$55,712,127
$273,451,086
$60,153,529
$77,676,956
$84,538,484
$51,082,117
$296,929,430
$127,556,896
$66,866,003
$62,778,930
$39,727,601
$265,667,498
$45,766,150
$76,594,770
$75,281,705
$68,024,873
$328,493,172
$83,707,155
$129,164,853
$80,601,864
$35,019,300
$285,000
$285,000
$291,000
$260,000
$302,375
$290,000
$290,205
$324,500
$262,000
$343,000
$335,000
$345,000
$457,500
$697,500
$390,000
$388,000
46
34
135
33
25
34
24
99
21
27
40
11
59
14
8
21
164
113
414
112
77
119
96
399
89
112
109
81
373
157
83
77
208
200
189
173
217
156
222
210
216
202
201
223
149
67
195
199
$16,011,515
$9,025,523
$46,092,225
$8,052,200
$12,582,600
$11,357,875
$5,655,200
$24,607,935
$4,909,175
$5,890,870
$11,565,850
$2,242,040
$18,353,012
$4,620,000
$2,343,301
$6,057,625
$60,946,650
$41,692,855
$139,596,061
$35,557,000
$29,347,651
$39,176,950
$31,191,960
$150,265,335
$28,313,354
$45,434,852
$41,252,596
$31,806,033
$191,559,535
$100,869,560
$37,609,052
$31,154,800
Gulf Beach
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
Orange Beach
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
$366,467
$345,023
$338,230
$300,753
$411,081
$330,293
$307,060
$351,151
$302,023
$369,250
$354,486
$370,088
$485,909
$616,898
$439,037
$379,719
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
16
73
17
129
117
56
307
69
80
77
66
52
289
59
113
87
47
239
58
68
53
47
201
194
250
169
185
182
213
198
241
191
190
$5,332,086
$28,625,185
$4,402,000
$8,271,935
$12,253,100
$3,376,400
$26,961,300
$5,563,000
$3,476,000
$9,253,000
$8,285,800
$20,215,400
$154,352,200
$27,643,800
$53,822,900
$44,704,300
$26,173,400
$148,880,370
$45,188,600
$37,672,150
$31,136,300
$30,132,220
Orange Beach continued ….
2008 1
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
2006 1
$375,698
$472,810
$400,573
$481,355
$486,815
$527,675
$572,774
$735,530
$514,352
$524,536
$582,091
$365,000
$445,000
$416,875
$450,000
$435,000
$497,500
$525,000
$532,800
$525,000
$434,900
$563,575
Gulf Shores - South / Inter.Coastal Waterway
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
$185,531
$198,712
$202,209
$220,160
$204,418
$190,878
$194,534
$247,882
$230,605
$265,477
$244,716
$238,959
$298,146
$264,505
$320,913
$297,884
$293,742
$300,725
$316,103
$341,579
$348,283
$246,502
$462,249
$444,084
$465,792
$444,134
$355,801
$145,500
$157,000
$169,950
$190,000
$177,500
$155,000
$155,000
$222,000
$189,100
$238,000
$225,500
$213,950
$249,000
$249,000
$249,000
$249,000
$240,500
$225,000
$300,500
$260,000
$249,000
$185,000
$429,000
$355,000
$421,250
$429,495
$326,250
48
34
144
31
34
44
33
126
29
34
39
20
78
13
25
26
15
68
11
77
98
173
458
93
104
70
70
134
91
392
96
70
105
114
430
110
104
152
62
291
56
75
92
64
326
45
49
82
160
385
76
88
52
47
192
228
175
203
170
184
147
183
193
211
172
150
203
229
171
201
211
201
176
205
222
151
195
195
199
159
182
$11,038,350
$8,017,530
$30,687,667
$6,892,100
$7,068,749
$8,826,500
$7,525,318
$32,985,299
$5,701,891
$10,547,808
$10,482,200
$4,306,400
$29,843,965
$2,740,900
$9,833,800
$11,149,065
$6,246,100
$25,712,355
$3,099,500
$9,229,100
$9,322,530
$4,061,225
$34,206,350
$9,032,475
$9,229,000
$8,638,900
$7,953,975
$22,728,343
$16,821,435
$77,696,467
$21,068,250
$14,190,700
$19,614,300
$21,071,217
$104,836,901
$26,352,175
$26,088,004
$36,258,488
$15,288,234
$80,173,190
$15,509,961
$22,257,478
$24,001,250
$16,959,501
$96,682,698
$15,234,500
$17,072,470
$24,809,155
$38,583,573
$177,503,801
$32,267,305
$39,213,330
$22,450,464
$16,952,129
$225,542
$246,264
$235,233
$217,751
$189,000
$185,000
$199,000
$180,200
10
9
23
6
23
18
69
19
279
304
185
219
$2,982,000
$2,684,890
$8,461,300
$2,190,200
$4,460,900
$3,964,240
$13,180,126
$3,253,576
Fort Morgan
2
2011 1
*Annual 2010
4
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
5
8
4
32
4
10
12
6
24
6
9
7
2
15
2
16
21
12
61
18
15
12
15
18
21
11
60
10
22
18
10
79
15
20
31
12
42
8
11
15
9
43
15
11
6
10
181
176
156
229
240
143
304
251
183
228
171
178
164
192
172
244
198
115
215
249
202
177
215
$1,920,500
$3,073,100
$1,277,500
$10,903,500
$1,614,000
$3,854,600
$3,618,500
$1,816,400
$14,290,875
$2,170,000
$6,072,500
$4,420,000
$1,628,375
$7,033,000
$1,175,000
$2,780,000
$2,019,000
$1,199,000
$8,999,500
$1,992,500
$2,728,000
$2,617,000
$1,662,000
$3,087,700
$5,012,400
$1,826,450
$16,370,450
$2,886,000
$5,028,100
$4,781,500
$3,674,850
$18,966,980
$4,282,650
$4,309,750
$7,517,880
$2,552,700
$14,915,650
$2,063,400
$3,724,000
$6,169,250
$2,959,000
$18,358,450
$4,735,750
$4,213,300
$3,676,500
$5,545,400
Fort Morgan continued ….
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
$217,748
$278,810
$206,930
$296,456
$321,429
$277,584
$280,000
$343,203
$322,892
$307,269
$358,009
$314,155
$298,648
$378,425
$323,840
$406,500
$389,917
$346,500
$448,491
$373,792
$462,753
$524,458
$480,493
$195,000
$280,000
$183,000
$247,000
$275,500
$210,000
$247,000
$292,475
$235,000
$285,000
$214,000
$200,000
$170,075
$341,950
$297,500
$315,000
$415,000
$337,000
$358,000
$325,000
$360,000
$472,500
$411,000
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
Email:
depley@usouthal.edu
Phone:
251.460.6735
MLS:
251.947.3777
This report completed by:
Michelle Pinochet, Researcher
Center for Real Estate Studies
Mitchell College of Business