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
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
$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
$191,355
$188,000
$185,581
$195,468
$195,140
$194,319
$200,613
$177,730
$205,737
$188,394
$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
$164,990
$161,005
$156,000
$160,000
$169,999
$170,910
$175,000
$164,450
$182,714
$154,950
188
188
597
126
145
196
130
561
149
148
154
110
516
88
142
150
136
594
114
157
166
157
653
177
157
187
132
46
24
98
39
21
24
14
66
13
27
15
11
45
4
17
11
13
87
0
28
23
28
60
40
11
7
2
190
170
165
184
158
164
151
186
179
195
178
193
169
203
162
154
173
178
156
207
183
160
146
151
135
163
129
$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
$114,125,083
$21,065,136
$28,511,534
$33,143,991
$31,404,422
$127,461,545
$36,755,154
$27,435,012
$38,648,627
$24,622,752
$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
$16,187,577
$1,870,831
$5,820,946
$3,799,400
$4,696,400
$11,087,998
$6,777,898
$2,423,700
$1,264,400
$622,000
$115,728
$107,687
$116,925
$105,226
$119,518
$119,480
$120,100
$127,227
$127,186
$127,868
$126,141
$127,114
$156,130
$145,009
$146,165
$159,179
$170,075
$98,400
$88,500
$105,336
$93,000
$121,200
$107,900
$109,600
$120,000
$116,250
$124,950
$120,450
$118,950
$140,536
$140,536
$140,000
$144,900
$138,170
108
102
363
77
81
125
70
321
81
78
92
66
301
52
79
89
78
8
8
33
18
5
6
4
12
5
2
2
2
9
0
4
0
5
187
166
175
212
169
176
141
179
185
202
154
159
163
223
151
139
163
$12,896,174
$11,410,252
$44,142,182
$8,938,130
$9,954,105
$15,217,241
$8,544,381
$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
$528,224
$435,300
$2,160,300
$1,058,300
$324,400
$434,600
$343,000
$1,082,650
$448,050
$138,800
$177,800
$273,000
$1,282,684
$0
$396,355
$0
$886,329
South
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
Foley
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
*Annual 2008
4
3
2
2008 1
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
$159,900
$155,000
$150,000
$160,000
$169,380
$171,886
$172,199
$166,000
$185,000
$163,000
366
66
109
120
118
439
134
100
103
99
59
5
17
21
16
32
21
4
5
2
185
158
210
188
168
148
159
142
160
128
$66,568,882
$11,581,686
$16,485,280
$17,738,971
$19,649,545
$78,577,858
$22,340,375
$17,473,120
$20,296,819
$17,903,807
$8,487,696
$651,000
$2,417,796
$3,085,400
$2,333,500
$5,008,549
$3,275,349
$706,900
$742,400
$283,900
$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
$228,381
$129,983
$186,743
$159,100
$456,200
$250,807
$202,512
$222,133
$183,151
$448,600
$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
$165,000
$120,750
$160,700
$162,000
$165,000
$176,750
$206,500
$167,429
$161,750
$215,000
5
7
24
2
8
8
6
18
5
5
5
3
15
1
5
4
5
24
6
8
4
5
31
4
5
14
7
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
99
140
209
236
266
157
196
294
126
258
265
686
334
371
420
149
388
164
93
195
211
121
177
84
241
208
137
$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
$5,481,144
$779,900
$1,493,944
$636,400
$2,281,000
$7,775,027
$810,049
$1,110,667
$2,564,111
$3,140,200
$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
$113,945
$96,096
$109,213
$130,179
$120,200
$107,956
$90,500
$97,500
$96,000
$84,000
$125,000
$103,500
19
28
69
14
17
16
0
0
0
0
0
0
192
184
158
134
159
208
$2,164,950
$2,690,700
$7,535,675
$1,822,500
$2,043,400
$1,727,300
$0
$0
$0
$0
$0
$0
Foley continued ….
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
2006 1
$176,604
$172,291
$173,423
$173,536
$186,297
$190,402
$191,162
$181,800
$204,264
$183,714
Magnolia Springs
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
Lillian
2
2011 1
*Annual 2010
4
3
2
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
$88,294
$102,887
$118,863
$106,136
$96,404
$87,373
$119,419
$109,321
$126,317
$114,087
$123,549
$129,476
$86,447
$125,575
$148,244
$141,623
$113,600
$114,490
$113,646
$112,402
$114,946
$74,500
$78,625
$110,000
$94,500
$61,900
$81,000
$97,500
$64,250
$107,500
$75,000
$123,500
$116,750
$64,900
$118,000
$121,250
$139,750
$80,950
$120,000
$101,000
$89,500
$75,000
22
84
18
28
23
13
92
14
27
27
24
86
15
29
28
14
114
25
24
27
35
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
135
167
169
183
185
109
167
165
183
152
168
178
177
196
165
180
128
137
111
130
118
$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
$11,134,928
$1,296,700
$3,641,680
$4,150,820
$1,982,728
$12,950,389
$2,862,250
$2,727,499
$3,034,841
$4,023,099
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$161,039
$143,846
$149,172
$126,246
$179,560
$166,780
$100,500
$153,355
$116,222
$161,286
$229,375
$90,000
$212,707
$146,383
$279,840
$148,729
$283,189
$210,428
$209,417
$191,644
$231,845
$204,719
$206,445
$124,450
$130,000
$102,500
$66,000
$152,800
$101,125
$102,500
$105,350
$88,000
$138,500
$146,250
$88,300
$179,900
$125,500
$262,500
$117,500
$239,900
$200,040
$225,000
$200,180
$199,900
$158,500
$142,250
18
13
45
13
10
14
4
38
9
7
12
10
37
6
10
12
9
46
7
11
11
16
52
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
90
205
156
189
103
180
138
171
219
151
189
118
181
168
116
220
209
130
97
220
98
105
139
$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
$7,870,150
$878,300
$2,798,400
$1,784,750
$2,548,700
$9,679,699
$1,465,920
$2,108,080
$2,550,300
$3,275,499
$10,543,124
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$192,000
Lillian continued ….
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
Elberta
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
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
$342,818
$186,067
$254,777
$111,611
$290,000
$142,250
$175,000
$120,750
11
10
11
18
0
0
0
0
182
79
158
141
$3,771,000
$1,860,674
$2,802,550
$2,009,000
$0
$0
$0
$0
$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
$218,816
$174,478
$203,500
$273,200
$205,625
$208,030
$135,900
$172,633
$192,667
$282,833
$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
$188,000
$174,005
$190,000
$285,500
$192,500
$220,750
$135,900
$170,000
$215,000
$311,000
2
3
8
3
0
5
0
11
5
5
0
1
6
1
2
2
1
19
4
4
7
4
10
1
3
3
3
0
0
1
0
1
0
0
5
1
2
2
0
1
0
0
1
0
1
0
1
0
0
3
0
1
0
2
147
52
174
255
146
132
0
228
217
148
646
17
216
138
395
96
297
194
170
301
171
174
144
131
214
111
110
$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
$4,222,310
$697,910
$660,000
$1,912,400
$822,500
$1,288,300
$135,900
$347,900
$578,000
$226,500
$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
$154,000
$0
$154,000
$0
$0
$792,000
$0
$170,000
$0
$622,000
227
173
136
125
134
105
189
199
155
170
201
303
$10,012,600
$7,703,423
$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
$5,519,901
$1,509,155
$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
Elberta continued…
4
3
2
2006 1
Bon Secour
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
Gulf Shores - North / Inter.Coastal Waterway
2
2011 1
*Annual 2010
4
3
2
2010 1
*Annual 2009
4
3
2
2009 1
$209,899
$180,639
$171,192
$153,687
$168,277
$150,449
$223,855
$196,038
$187,509
$158,823
$194,483
$272,510
$176,800
$150,000
$145,000
$149,500
$135,000
$110,000
$180,000
$160,000
$160,000
$135,900
$165,000
$249,047
36
35
88
17
24
21
22
77
25
19
18
15
38
16
64
21
15
18
9
48
6
22
11
9
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
$13,029,281
$3,145,981
$2,268,350
$3,675,700
$3,688,350
$12,943,220
$3,932,520
$3,688,650
$2,898,300
$1,976,250
$24,579,839
$5,310,920
$1,980,504
$8,752,950
$8,535,465
$9,595,840
$691,500
$3,079,000
$2,906,840
$2,823,500
$7,005,950
$679,900
$1,389,450
$714,000
$2,362,900
$5,033,720
$3,156,920
$1,546,800
$330,000
$0
Gulf Shores - North / Inter.Coastal Waterway continued ….
*Annual 2008
4
3
2
2008 1
*Annual 2007
4
3
2
2007 1
*Annual 2006
4
3
2
2006 1
$260,059
$274,106
$222,806
$329,127
$250,456
$277,072
$271,319
$267,268
$328,391
$216,958
$250,962
$273,156
$235,154
$283,842
$213,387
$183,000
$218,500
$162,500
$252,950
$183,000
$209,500
$210,000
$220,000
$249,000
$178,200
$207,450
$185,900
$218,000
$237,400
$190,450
52
10
11
11
18
47
16
19
11
20
118
31
15
32
40
35
4
13
9
8
25
1
7
2
12
24
17
6
1
0
166
203
128
216
144
159
150
184
201
121
138
104
148
163
139
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
depley@usouthal.edu
Email:
Phone:
251.460.6735
MLS:
251.947.3777
This report completed by:
Michelle Pinochet, Researcher
Center for Real Estate Studies
Mitchell College of Business