The July 2008 MLS data for Spanish Fort shows 132 homes on the market. The average list price of $362,931 and a median list price of $319,000, are both down very negligibly from June. These homes have been on the market for an average of 124 days, 9 days shorter than in June. The median is the point where there are the same number of prices lower than higher.
In July, 10 homes have sold in Spanish Fort with an average sales price of $317,280 an amazing 23% rise. The median sales price of $309,950 is back up by 41%, after a significant drop in June. Average days on the market for these homes sold in July was 106.
The number of homes that are presently under contract in Spanish Fort is 12 with an average sales price of $348,550. This is a 5.5% increase in sales price over June. The median price point of $308,900 represents a negligible increase over last month. These homes were on the market an average of 144 days.
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[...] available will encourage more people to stop by; this strip mall development is expected to offer Spanish Fort Alabama an economic boost and attract more national companies to the [...]