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
South Baldwin Region
Residential Housing Report
Quarterly and Annual Price
Trends 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 warrant y, express or implied, nor
assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information, nor represen ts 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
$147,009
$138,225
$140,497
$151,495
$132,881
$149,809
$122,647
$136,622
$136,918
$126,445
$150,807
$129,000
$132,295
$120,334
$138,823
$126,187
$147,806
$143,154
$141,508
$135,380
$147,012
$151,214
$173,020
$161,511
$163,609
$171,558
$191,751
$126,089
$121,000
$121,900
$135,000
$119,750
$125,000
$107,350
$110,000
$109,900
$109,500
$122,000
$101,001
$110,000
$104,000
$125,000
$107,700
$112,500
$122,000
$121,000
$125,000
$122,000
$120,000
$149,900
$144,488
$149,500
$154,775
$150,000
221
165
687
183
182
179
140
693
155
161
188
188
597
126
145
196
130
561
149
148
154
110
516
88
142
150
136
37
17
98
22
30
26
20
136
26
39
46
24
98
39
21
24
14
66
13
27
15
11
45
4
17
11
13
167
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
$33,474,004
$23,067,833
$98,191,211
$28,597,206
$24,548,989
$27,371,833
$16,944,558
$97,809,060
$21,873,963
$21,022,549
$29,240,599
$25,403,449
$81,993,318
$16,285,231
$21,006,905
$25,065,735
$19,635,447
$80,511,926
$21,783,202
$19,766,088
$22,539,370
$16,423,266
$86,030,970
$14,167,477
$22,538,483
$24,463,960
$24,861,050
$4,454,300
$2,089,100
$12,099,165
$2,459,340
$3,621,750
$3,339,100
$2,678,975
$15,450,619
$2,908,172
$4,266,450
$6,048,125
$1,944,455
$9,951,800
$3,569,900
$2,037,750
$2,695,500
$1,648,650
$9,245,780
$1,141,050
$3,925,436
$2,305,700
$1,873,594
$11,033,524
$691,500
$3,475,355
$3,156,840
$3,709,829
$135,555
$136,208
$132,370
$133,374
$133,326
$144,521
$109,663
$116,930
$134,964
$110,879
$115,728
$107,687
$116,925
$105,226
$119,518
$119,480
$120,100
$125,000
$115,500
$120,000
$126,900
$121,900
$125,000
$100,000
$99,500
$105,000
$105,000
$98,400
$88,500
$105,336
$93,000
$121,200
$107,900
$109,600
102
89
395
108
101
106
78
385
90
84
108
102
363
77
81
125
70
11
2
15
1
4
5
5
28
7
5
8
8
33
18
5
6
4
156
151
154
151
153
149
167
171
152
179
187
166
175
212
169
176
141
$14,347,369
$12,237,926
$52,981,849
$14,466,256
$13,635,229
$15,621,676
$8,668,063
$46,466,992
$12,535,819
$9,562,247
$12,896,174
$11,410,252
$44,142,182
$8,938,130
$9,954,105
$15,217,241
$8,544,381
$970,400
$157,000
$1,289,650
$71,500
$364,000
$420,150
$434,000
$1,825,149
$555,675
$305,950
$528,224
$435,300
$2,160,300
$1,058,300
$324,400
$434,600
$343,000
South
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
Foley
2
2013 1
*Annual 2012
4
3
2
2012 1
*Annual 2011
4
3
2
2011 1
*Annual 2010
4
3
2
2010 1
USA Center for Real Estate and Economic Development
Page 2 of 6
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
$120,000
$116,250
$124,950
$120,450
$118,950
$140,536
$140,536
$140,000
$144,900
$138,170
321
81
78
92
66
301
52
79
89
78
12
5
2
2
2
9
0
4
0
5
179
185
202
154
159
163
223
151
139
163
$41,283,790
$10,489,941
$10,090,637
$11,679,445
$8,370,767
$47,117,551
$7,540,481
$11,735,300
$14,166,945
$13,229,925
$1,082,650
$448,050
$138,800
$177,800
$273,000
$1,282,684
$0
$396,355
$0
$886,329
$186,371
$127,967
$150,699
$184,300
$128,043
$162,463
$134,700
$202,157
$153,200
$268,240
$188,835
$199,439
$188,006
$100,000
$217,731
$103,538
$290,333
$209,024
$168,880
$146,380
$310,225
$211,667
$247,854
$74,500
$163,497
$159,456
$437,600
$124,900
$135,900
$110,300
$210,000
$110,300
$120,000
$95,000
$167,975
$112,000
$179,950
$189,000
$200,000
$113,500
$100,000
$125,000
$92,950
$148,500
$172,000
$168,000
$170,000
$131,125
$200,000
$195,000
$74,500
$179,900
$162,338
$475,000
7
3
23
5
7
6
5
22
5
5
5
7
24
2
8
8
6
18
5
5
5
3
15
1
5
4
5
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
210
191
198
144
177
237
236
196
181
384
99
140
209
236
266
157
196
294
126
258
265
686
334
371
420
149
388
$1,304,600
$383,900
$3,466,076
$921,500
$896,300
$974,776
$673,500
$4,447,450
$766,000
$1,341,200
$944,175
$1,396,075
$4,512,150
$200,000
$1,741,850
$828,300
$1,742,000
$3,762,425
$844,400
$731,900
$1,551,125
$635,000
$3,717,808
$74,500
$817,483
$637,825
$2,188,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$103,720
$99,974
$116,548
$162,924
$91,191
$111,074
$115,088
$93,000
$74,900
$90,950
$143,400
$77,500
$92,000
$98,000
44
37
112
24
37
25
26
0
0
0
0
0
0
0
196
137
215
226
193
206
244
$4,563,700
$3,699,050
$13,053,371
$3,910,175
$3,374,052
$2,776,844
$2,992,300
$0
$0
$0
$0
$0
$0
$0
Southcontinued ….
Foley
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
$127,227
$127,186
$127,868
$126,141
$127,114
$156,130
$145,009
$146,165
$159,179
$170,075
Magnolia Springs
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
Lillian
2
2013 1
*Annual 2012
4
3
2
2012 1
USA Center for Real Estate and Economic Development
Page 3 of 6
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
$100,365
$110,398
$83,308
$113,945
$96,096
$109,213
$130,179
$120,200
$107,956
$88,294
$102,887
$118,863
$106,136
$96,404
$87,373
$119,419
$109,321
$126,317
$114,087
$123,549
$76,450
$93,001
$49,500
$90,500
$97,500
$96,000
$84,000
$125,000
$103,500
$74,500
$78,625
$110,000
$94,500
$61,900
$81,000
$97,500
$64,250
$107,500
$75,000
$123,500
98
27
24
19
28
69
14
17
16
22
84
18
28
23
13
92
14
27
27
24
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
178
195
143
192
184
158
134
159
208
135
167
169
183
185
109
167
165
183
152
168
$9,835,794
$2,980,744
$1,999,400
$2,164,950
$2,690,700
$7,535,675
$1,822,500
$2,043,400
$1,727,300
$1,942,475
$8,642,489
$2,139,540
$2,971,800
$2,217,300
$1,135,849
$10,986,570
$1,530,500
$3,410,550
$3,080,345
$2,965,175
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$163,779
$169,617
$122,992
$151,436
$137,327
$103,885
$100,405
$155,020
$130,800
$168,358
$161,039
$143,846
$149,172
$126,246
$179,560
$166,780
$100,500
$153,355
$116,222
$161,286
$229,375
$90,000
$101,900
$135,000
$112,500
$120,450
$100,105
$118,000
$92,000
$120,000
$99,950
$115,000
$124,450
$130,000
$102,500
$66,000
$152,800
$101,125
$102,500
$105,350
$88,000
$138,500
$146,250
$88,300
19
8
56
14
14
12
16
70
15
25
18
13
45
13
10
14
4
38
9
7
12
10
0
1
2
0
1
0
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
219
184
185
272
195
144
134
148
155
152
90
205
156
189
103
180
138
171
219
151
189
118
$3,111,800
$1,411,550
$6,921,519
$2,120,099
$1,939,905
$1,246,625
$1,614,890
$10,989,551
$2,075,900
$4,208,952
$2,898,700
$1,869,999
$6,712,719
$1,641,200
$1,795,600
$2,334,919
$402,000
$5,827,500
$1,046,000
$1,129,000
$2,752,500
$900,000
$0
$115,000
$212,000
$0
$120,000
$0
$92,000
$16,900
$16,900
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
South continued…
Lillian
*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
Elberta
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
USA Center for Real Estate and Economic Development
Page 4 of 6
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
$212,707
$146,383
$279,840
$148,729
$283,189
$179,900
$125,500
$262,500
$117,500
$239,900
37
6
10
12
9
0
0
0
0
0
181
168
116
220
209
$7,870,150
$878,300
$2,798,400
$1,784,750
$2,548,700
$0
$0
$0
$0
$0
$116,025
$0
$138,149
$214,167
$120,033
$91,759
$150,000
$144,727
$226,333
$85,333
$162,000
$111,000
$95,656
$118,300
$130,000
$75,200
$0
$114,738
$101,583
$127,914
$122,450
$86,000
$180,264
$165,850
$191,250
$199,500
$115,000
$120,250
$0
$126,500
$172,000
$97,600
$87,500
$150,000
$145,000
$185,000
$85,000
$162,000
$150,000
$81,000
$142,500
$130,000
$65,000
$0
$100,000
$100,000
$120,000
$122,450
$86,000
$169,500
$165,850
$191,250
$169,500
$115,000
4
0
8
3
2
2
1
11
3
3
2
3
8
3
0
5
0
11
5
5
0
1
6
1
2
2
1
0
0
3
0
1
2
0
0
0
0
0
0
1
0
1
0
0
5
1
2
2
0
1
0
0
1
0
90
0
207
217
266
126
320
133
114
226
147
52
174
255
146
132
0
228
217
148
646
17
216
138
395
96
297
$464,100
$0
$1,167,137
$642,500
$262,500
$112,137
$150,000
$1,592,000
$679,000
$256,000
$324,000
$333,000
$730,900
$354,900
$0
$376,000
$0
$1,294,500
$509,500
$699,000
$0
$86,000
$1,106,850
$165,850
$382,500
$443,500
$115,000
$0
$0
$352,500
$0
$97,600
$254,900
$0
$0
$0
$0
$0
$0
$130,000
$0
$130,000
$0
$0
$541,300
$100,000
$196,400
$244,900
$0
$155,000
$0
$0
$155,000
$0
26
14
78
21
24
19
14
107
18
34
38
16
153
186
143
124
155
149
140
174
134
133
227
173
$9,682,435
$5,335,407
$20,601,259
$6,536,676
$4,441,003
$6,639,775
$2,845,805
$24,477,273
$2,836,500
$3,654,750
$10,012,600
$7,703,423
$3,483,900
$1,817,100
$10,245,015
$2,387,840
$3,040,150
$2,664,050
$2,152,975
$13,608,570
$2,335,597
$3,960,500
$5,519,901
$1,509,155
South continued .…
Elberta
*Annual 2008
4
3
2
2008 1
Bon Secour
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
Gulf Shores - North / Inter.Coastal Waterway
2
2013 1
*Annual 2012
4
3
2
2012 1
*Annual 2011
4
3
2
2011 1
$185,441
$170,298
$180,388
$178,490
$166,248
$197,954
$178,528
$177,971
$156,730
$141,023
$209,899
$180,639
$158,500
$167,250
$160,000
$153,500
$145,500
$205,000
$167,500
$150,000
$130,000
$124,000
$176,800
$150,000
USA Center for Real Estate and Economic Development
45
28
93
29
21
28
14
107
15
20
36
35
Page 5 of 6
Total Residential
Zone / Year /
Quarter
Avg Sale
Price
Median Sale
Price
Residential
Sold
Sold Dollar Volume
Condos
Sold
Avg Days
on Market
Total Sold
Residential
Total Sold
Condo
$18,359,692
$3,328,501
$4,979,450
$3,606,600
$5,755,341
$17,017,922
$5,354,771
$2,966,501
$3,757,000
$4,939,650
$13,029,281
$3,145,981
$2,268,350
$3,675,700
$3,688,350
$7,661,500
$2,511,600
$1,583,350
$2,260,900
$1,184,150
$7,486,830
$458,000
$3,545,236
$1,883,000
$1,600,594
$9,595,840
$691,500
$3,079,000
$2,906,840
$2,823,500
South
Gulf
Shores - North / Inter.Coastal Waterway continued…
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
$171,192
$153,687
$168,277
$150,449
$223,855
$196,038
$187,509
$158,823
$194,483
$272,510
$260,059
$274,106
$222,806
$329,127
$250,456
$145,000
$149,500
$135,000
$110,000
$180,000
$160,000
$160,000
$135,900
$165,000
$249,047
$183,000
$218,500
$162,500
$252,950
$183,000
88
17
24
21
22
77
25
19
18
15
52
10
11
11
18
64
21
15
18
9
48
6
22
11
9
35
4
13
9
8
136
125
134
105
189
199
155
170
201
303
166
203
128
216
144
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
Email:
depley@southalabama.edu
Phone:
251.460.6735
MLS:
251.947.3777
USA Center for Real Estate and Economic Development
This report completed by:
Michelle Pinochet, Senior Research Analyst
Center for Real Estate & Economic Development
Mitchell College of Business
University of South Alabama
Page 6 of 6