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
South Baldwin Region
Residential Housing Report
Four-Quarter Price
Appreciation Change % by Zone
2013 Quarter 2
This report is available on the CREED website:
Center for Real Estate and Economic Development
http://cres.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.
South 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
Sale Price*
Price* %
%
Zone
Year
Quarter
South
Total
Sold
Average
Days on
Market
Foley
2
-1.87
0.87
258
167
2
-6.20
0.00
113
156
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
12.70
2.84
10.65
5.09
-0.66
-4.92
3.27
13.78
-8.92
19.51
-12.72
-7.59
-14.96
2.54
-14.17
-2.25
-17.26
-12.38
-17.25
-14.31
-21.14
-9.58
-14.09
-11.84
-12.23
-1.74
12.71
10.82
22.84
9.36
2.46
6.29
0.00
5.67
-12.40
13.27
-10.22
-9.84
-14.05
0.00
-11.72
-6.25
-18.61
-16.26
-16.39
-21.18
-20.00
-9.15
-10.26
-4.17
-3.27
-11.76
182
785
205
212
205
160
829
181
200
234
212
695
165
166
220
144
627
162
175
169
121
561
92
159
161
149
158
165
162
166
158
175
171
156
165
190
170
165
184
158
164
151
186
179
195
178
193
169
203
162
154
173
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
24.21
13.20
-1.18
20.24
24.88
1.83
0.00
28.26
-7.23
-3.15
-10.34
-8.1
-17.27
-6.53
-5.28
-5.52
-18.51
-12.29
-12.52
-20.76
-25.26
-11.59
-15.83
-15.72
-8.27
-8.71
15.50
20.60
20.86
16.09
27.03
12.99
-5.54
12.90
-13.37
-8.8
-19.25
-12.22
-20
-3.00
-10.42
-7.86
-14.61
-17.28
-10.75
-16.87
-13.91
-12.11
-9.33
-6.67
-9.44
-18.43
91
410
109
105
111
83
413
97
89
116
110
396
95
86
131
74
333
86
80
94
68
310
52
83
89
83
151
154
151
153
149
167
171
152
179
187
166
175
212
169
176
141
179
185
202
154
159
163
223
151
139
163
Magnolia Springs
Lillian
2
14.72
4.08
7
210
2
-6.62
1.09
44
196
2013 1
Annual 2012
4
3
2
2012 1
Annual 2011
4
3
2
2011 1
-4.99
-25.45
20.30
-52.27
-13.97
-32.46
7.53
53.20
23.20
82.38
-31.31
43.05
-34.34
87.50
-38.71
-36.50
111.00
48.00
12.00
43.96
103.34
34.68
3
23
5
7
6
5
22
5
5
5
7
191
198
144
177
237
236
196
181
384
99
140
2013 1
Annual 2012
4
3
2
2012 1
Annual 2011
4
3
2
2011 1
-13.13
16.12
47.58
9.46
-2.52
19.76
-8.10
-15.20
-30.69
5.55
8.84
-23.57
18.97
54.19
56.57
1.66
0.51
-20.36
10.72
-60.40
-12.56
30.87
37
112
24
37
25
26
98
27
24
19
28
137
215
226
193
206
244
178
195
143
192
184
USA Center for Real Estate and Economic Development
Page 2 of 4
South by Zone
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Total
Sold
Average
Days on
Market
South
Magnolia Springs
continued …
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
-10.06
-40.79
48.74
-66.62
37.16
-15.67
126.68
-10.47
94.55
-51.63
8.53
-42.68
-12.45
0.22
-4.01
-34.01
-40.48
-26.47
-29.11
-25.75
-11.79
125.50
-5.50
-19.23
-57.89
18.18
-38.30
11.95
0.21
187.88
24
2
8
8
6
18
5
5
5
3
15
1
5
4
5
4-Qtr
4-Qtr
Average
Median Sale
Sale Price*
Price* %
%
Zone
Year
Quarter
Average
Days on
Market
Lillian continued Foley
…
209
236
266
157
196
294
126
258
265
686
334
371
420
149
388
Annual 2010
4
3
2
2010 1
Annual 2009
4
3
2
2009 1
Annual 2008
4
3
2
2008 1
Elberta
6.15
26.53
13.25
11.98
1.05
-13.84
8.73
-15.98
-15.50
-29.28
-7.77
26.46
0.59
-23.04
-12.76
22.1
-23.64
32.28
67.21
-8.02
-19.36
71.21
-12.09
-17.47
-34.41
-16.49
-1.00
-8.90
-38.14
-11.63
69
14
17
16
22
84
18
28
23
13
92
14
27
27
24
158
134
159
208
135
167
169
183
185
109
167
165
183
152
168
Bon Secour
2
57.66
-13.64
19
219
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
68.93
-20.66
15.78
-18.43
-35.49
30.19
3.92
3.61
-6.24
-3.44
43.13
-2.73
8.62
11.33
-27.29
11.67
-27.90
-20.60
-42.36
54.22
-68.22
46.74
-6.25
20.51
-12.95
-5.94
29.23
17.07
51.44
-24.74
23.07
26.83
-2.71
-25
10.32
-30.85
16.08
-41.44
-29.88
-47.24
24.47
-63.19
9
58
14
15
12
17
71
16
25
18
13
45
13
10
14
4
38
9
7
12
10
184
185
272
195
144
134
148
155
152
90
205
156
189
103
180
138
171
219
151
189
118
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
USA Center for Real Estate and Economic Development
Total
Sold
26.45
37.43
4
90
n/a
-4.54
5.38
40.66
-43.36
35.13
51.30
91.32
-34.36
115.43
100.00
-16.63
16.46
1.63
-38.59
-100.00
-36.35
-38.75
-33.12
-38.62
-25.22
n/a
-12.76
-7.03
14.82
-45.99
0.00
79.01
29.82
-34.62
149.23
100.00
-19
42.5
8.33
-46.92
-100.00
-41.00
-39.70
-37.25
-27.76
-25.22
0
11
3
3
4
1
11
3
3
2
3
9
3
1
5
0
16
6
7
2
1
0
207
217
266
126
320
133
114
226
147
52
174
255
146
132
0
228
217
148
646
17
Page 3 of 4
South by Zone
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Total
Sold
Average
Days on
Market
South
Elberta continued…
Annual 2008
4
3
2
2008 1
1.08
-30.10
46.02
-35.85
38.33
-10.07
-44.22
31.13
-41.22
51.36
Zone
Year
Quarter
4-Qtr
4-Qtr
Average
Median Sale
Sale Price*
Price* %
%
Total
Sold
Average
Days on
Market
Foley
Bon Secour continued…
37
6
10
12
9
181
168
116
220
209
Annual 2008
4
3
2
2008 1
-17.62
-4.95
-6.02
-26.98
-44.07
-9.84
-4.69
0.66
-40.63
-40.26
7
1
2
3
1
216
138
395
96
297
Gulf Shores - N / Inter. Coastal Wtrwy
2
-6.32
-22.68
71
153
2013 1
-4.61
-0.15
42
186
Annual 2012
1.36
6.67
171
143
4
13.88
18.08
50
124
3
17.89
17.34
45
155
2
-5.69
15.95
47
149
2012 1
-1.17
11.67
28
140
Annual 2011
3.96
3.45
214
174
4
1.98
-13.04
33
134
3
-16.20
-8.15
54
133
2
39.52
60.73
74
227
2011 1
-19.31
-16.67
51
173
Annual 2010
-12.67
-9.38
152
136
4
-18.04
-6.56
38
125
3
5.95
-0.66
39
134
2
-22.64
-33.33
39
105
2010 1
-17.85
-27.72
31
189
Annual 2009
-24.62
-12.57
125
199
4
-31.59
-26.77
31
155
3
-28.72
-16.37
41
170
2
-40.91
-34.77
29
201
2009 1
8.81
36.09
24
303
Annual 2008
-6.14
-12.65
87
166
* Figures represent 4-quarter or annual price
appreciation calculated from the same quarter one
year earlier. For example, the Foley median percent
change between 2008 Q2 and 2009 Q2 equaled
percent change between 2008 Q2 and 2009 Q2
equaled -16.87% change on the 94 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 endorsement, recommendation, or favoring by USA.
For further information, please contact:
Professor Donald Epley, Director
Center for Real Estate & Economic Development
Email:
depley@southalabama.edu
Phone:
251.460.6735
MLS Office:
251.947.3777
4
1.03
4.05
14
203
3
-16.64
-26.14
24
128
This report completed by:
Michelle Pinochet, Senior Research Analyst
Center for Real Estate & Economic Development
Mitchell College of Business
2
0.22
1.59
20
216
University of South Alabama
2008 1
15.44
2.69
26
144
USA Center for Real Estate and Economic Development
Page 4 of 4