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
2012 Quarter 4
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.
South by Zone
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Total
Sold
Average
Market
Zone
Year
Quarter
Days on
4-Qtr
4-Qtr
Total
Average
Median Sale
Sold
Sale Price*
Price* %
%
South
Average
Days on
Market
Foley
Annual 2012
2.84
10.82
785
165
Annual 2012
13.20
20.60
410
154
2012 4
10.65
22.84
205
162
2012 4
-1.18
20.86
109
151
2012 3
5.09
9.36
212
166
2012 3
20.24
16.09
105
153
2012 2
-0.66
2.46
205
158
2012 2
24.88
27.03
111
149
2012 1
-4.92
6.29
160
175
2012 1
1.83
12.99
83
167
Annual 2011
3.27
0.00
829
171
Annual 2011
0.00
-5.54
413
171
4
13.78
5.67
181
156
4
28.26
12.90
97
152
3
-8.92
-12.40
200
165
3
-7.23
-13.37
89
179
2
19.51
13.27
234
190
2
-3.15
-8.8
116
187
2011 1
-12.72
-10.22
212
170
2011 1
-10.34
-19.25
110
166
Annual 2010
-7.59
-9.84
695
165
Annual 2010
-8.1
-12.22
396
175
4
-14.96
-14.05
165
184
4
-17.27
-20
95
212
3
2.54
0.00
166
158
3
-6.53
-3.00
86
169
2
-14.17
-11.72
220
164
2
-5.28
-10.42
131
176
2010 1
-2.25
-6.25
144
151
2010 1
-5.52
-7.86
74
141
Annual 2009
-17.26
-18.61
627
186
Annual 2009
-18.51
-14.61
333
179
4
-12.38
-16.26
162
179
4
-12.29
-17.28
86
185
3
-17.25
-16.39
175
195
3
-12.52
-10.75
80
202
2
-14.31
-21.18
169
178
2
-20.76
-16.87
94
154
2009 1
-21.14
-20.00
121
193
2009 1
-25.26
-13.91
68
159
Annual 2008
-9.58
-9.15
561
169
Annual 2008
-11.59
-12.11
310
163
4
-14.09
-10.26
92
203
4
-15.83
-9.33
52
223
3
-11.84
-4.17
159
162
3
-15.72
-6.67
83
151
2
-12.23
-3.27
161
154
2
-8.27
-9.44
89
139
2008 1
-1.74
-11.76
149
173
2008 1
-8.71
-18.43
83
163
Annual 2007
-1.53
-3.46
681
178
Annual 2007
-7.25
-6.97
425
185
4
-6.29
-8.00
114
156
4
-9.87
-9.99
71
158
3
4.42
-5.14
185
207
3
-4.61
-9.64
126
210
2
-4.99
-12.43
189
183
2
-15.04
-13.51
141
188
2007 1
3.58
9.71
185
160
2007 1
1.41
3.91
134
168
112
215
Magnolia Springs
Annual 2012
-25.45
-34.34
23
Lillian
198
Annual 2012
16.12
18.97
2012 4
20.30
87.50
5
144
2012 4
47.58
54.19
24
226
2012 3
-52.27
-38.71
7
177
2012 3
9.46
56.57
37
193
2012 2
-13.97
-36.50
6
237
2012 2
-2.52
1.66
25
206
2012 1
-32.46
111.00
5
236
2012 1
19.76
0.51
26
244
Annual 2011
7.53
48.00
22
196
Annual 2011
-8.10
-20.36
98
178
4
53.20
12.00
5
181
4
-15.20
10.72
27
195
3
23.20
43.96
5
384
3
-30.69
-60.40
24
143
2
82.38
103.34
5
99
2
5.55
-12.56
19
192
2011 1
-31.31
34.68
7
140
2011 1
8.84
30.87
28
184
Annual 2010
-10.06
-34.01
24
209
Annual 2010
6.15
22.1
69
158
4
-40.79
-40.48
2
236
4
26.53
-23.64
14
134
South by Zone
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Total
Sold
Average
Days on
Market
Magnolia Springs continued …
4-Qtr
4-Qtr
Total
Average
Median Sale
Sold
Sale Price*
Price* %
%
Zone
Year
Quarter
Average
Days on
Market
Lillian continued …
3
48.74
-26.47
8
266
3
13.25
32.28
17
159
2
-66.62
-29.11
8
157
2
11.98
67.21
16
208
2010 1
37.16
-25.75
6
196
2010 1
1.05
-8.02
22
135
Annual 2009
-15.67
-11.79
18
294
Annual 2009
-13.84
-19.36
84
167
4
126.68
125.50
5
126
4
8.73
71.21
18
169
3
-10.47
-5.50
5
258
3
-15.98
-12.09
28
183
2
94.55
-19.23
5
265
2
-15.50
-17.47
23
185
2009 1
-51.63
-57.89
3
686
2009 1
-29.28
-34.41
13
109
8.53
18.18
15
334
Annual 2008
-7.77
-16.49
92
167
4
-42.68
-38.30
1
371
4
26.46
-1.00
14
165
3
-12.45
11.95
5
420
3
0.59
-8.90
27
183
Annual 2008
2
0.22
0.21
4
149
2
-23.04
-38.14
27
152
2008 1
-4.01
187.88
5
388
2008 1
-12.76
-11.63
24
168
Annual 2007
-8.94
-6.65
24
164
Annual 2007
13.98
44.22
86
178
4
-35.81
-41.53
6
93
4
-24.49
-45.92
15
177
3
-15.93
-4.02
8
195
3
10.50
16.83
29
196
2
-13.13
0.15
4
211
2
31.89
35.47
28
165
1.69
-23.26
5
121
2007 1
23.21
86.33
14
180
2007 1
Elberta
Bon Secour
Annual 2012
-20.66
-6.25
58
185
Annual 2012
-4.54
-12.76
11
207
2012 4
15.78
20.51
14
272
2012 4
5.38
-7.03
3
217
2012 3
-18.43
-12.95
15
195
2012 3
40.66
14.82
3
266
2012 2
-35.49
-5.94
12
144
2012 2
-43.36
-45.99
4
126
2012 1
30.19
29.23
17
134
2012 1
35.13
0.00
1
320
Annual 2011
3.92
17.07
71
148
Annual 2011
51.30
79.01
11
133
4
3.61
51.44
16
155
4
91.32
29.82
3
114
3
-6.24
-24.74
25
152
3
-34.36
-34.62
3
226
2
-3.44
23.07
18
90
2
115.43
149.23
2
147
2011 1
43.13
26.83
13
205
2011 1
100.00
100.00
3
52
Annual 2010
-2.73
-2.71
45
156
Annual 2010
-16.63
-19
9
174
4
8.62
-25
13
189
4
16.46
42.5
3
255
3
11.33
10.32
10
103
3
1.63
8.33
1
146
2
-27.29
-30.85
14
180
2
-38.59
-46.92
5
132
2010 1
11.67
16.08
4
138
2010 1
-100.00
-100.00
0
0
Annual 2009
-27.90
-41.44
38
171
Annual 2009
-36.35
-41.00
16
228
4
-20.60
-29.88
9
219
4
-38.75
-39.70
6
217
3
-42.36
-47.24
7
151
3
-33.12
-37.25
7
148
2
54.22
24.47
12
189
2
-38.62
-27.76
2
646
2009 1
-68.22
-63.19
10
118
2009 1
-25.22
-25.22
1
17
1.08
-10.07
37
181
Annual 2008
-17.62
-9.84
7
216
-30.10
-44.22
6
168
4
-4.95
-4.69
1
138
Annual 2008
4
3
46.02
31.13
10
116
3
-6.02
0.66
2
395
2
-35.85
-41.22
12
220
2
-26.98
-40.63
3
96
South by Zone
4-Qtr
4-Qtr
Average
Median
Sale Price* Sale Price*
%
%
Zone
Year
Quarter
Total
Sold
Average
Days on
Market
Elberta continued…
4-Qtr
4-Qtr
Total
Average
Median Sale
Sold
Sale Price*
Price* %
%
Zone
Year
Quarter
Average
Days on
Market
Bon Secour continued…
2008 1
38.33
51.36
9
209
2008 1
-44.07
-40.26
1
297
Annual 2007
1.93
40.63
46
130
Annual 2007
5.18
-14.84
20
194
-38.91
-22.41
7
97
4
28.39
28.04
4
170
4
3
3.00
40.72
11
220
3
17.86
11.76
5
301
2
-9.00
14.23
11
98
2
41.80
32.79
7
171
2007 1
83.42
31.26
16
105
2007 1
-27.30
-38.10
4
174
Gulf Shores - N / Inter. Coastal Wtrwy
Annual 2012
1.36
6.67
171
143
2012 4
13.88
18.08
50
124
2012 3
17.89
17.34
45
155
2012 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
4
1.03
4.05
14
203
3
-16.64
-26.14
24
128
2
0.22
1.59
20
216
2008 1
15.44
2.69
26
144
Annual 2007
10.40
0.99
72
159
4
-0.67
12.96
17
150
3
13.66
0.92
26
184
2
15.69
4.89
13
201
2007 1
1.67
-6.43
32
121
* 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 Studies
Email:
depley@usouthal.edu
Phone:
251.460.6735
MLS Office:
251.947.3777
This report completed by:
Meredith McCutchen, Researcher
Center for Real Estate Studies
Mitchell College of Business