Mobile Home Sales Strong in September

Real estate activity in Mobile County was strong in September, as prices held steady or grew and inventory moved more quickly than in Baldwin County. For activity and data in specific areas of Mobile County, here is a breakdown:

The Downtown/Midtown area of Mobile:  In September, 47 homes have sold in the Downtown/ Midtown area of Mobile with an average sales price of $149,922, up nearly 9%. The median sales price was $140,000, an 11% rise. These homes were on the market an average of 77 days.

The Municipal Park area of Mobile:  In September, 20 homes sold with an average sales price of $98,561, regaining 2.5% after an 8% drop in August. The median sales price of $105,000 is up as well. These homes were on the market for an average of 61 days prior to being sold, a relatively quick pace in the current market.

The Springhill/USA area of Mobile:   15 homes have sold in September with an average sales price of $255,457, up significantly by 35%. This regains and bypasses August losses. The median sales price of $182,500 is up 2.5% and the homes are averaging 93 days on the market

The Cottage Hill area of Mobile:  41 homes have sold in the Cottage Hill area of Mobile last month with an average sales price of $168,821, down by 9% from August prices. The median sales price of $150,000 up 4.5%. These homes were on the market an average of 102 days, nearly a month longer than in August.

West Mobile:  In September, 30 homes sold in the West Mobile area with an average sales price of $202,539 and a median price of $165,200, both up over August. These homes sold after an average of 85 days on the market.

West Mobile County:   42 homes have sold in September throughout W. Mobile County with an average sales price of $217,907 (up nearly 4%) and a median sales price of $216,250 (up 7%). These prices are overall very strong and the days on the market averaged 89 days.