September on the Eastern Shore


Compared with July home sales in Daphne, September showed an increase in the number of transactions. 35 homes sold in September 2009, with the average sales price jumping from $204,421 to $253,199.  The average price per square foot rose from $92.43/sq ft to $97.98. Unfortunately, the average time on the market increased again from 118 up to 147 days .  There are 49 Daphne … Continue reading September on the Eastern Shore

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Snapshot of Mobile County Housing July 2009


School is back in session at the University of South Alabama and homes near campus are desirable!  16 homes sold in July 2009 in the Springhill / USA  area of Mobile.    The average sales price of $314,591 equated to $118.21 per square foot.  These homes spent an average of 98 days on the market prior to … Continue reading Snapshot of Mobile County Housing July 2009

Posted in Mobile Alabama real estate, Mobile real estate, pending real estate sales, real estate information, Real Estate Report, realtor, west mobile al, west mobile alabama real estate | Also tagged , , , , | Comments closed

Eastern Shore Housing Activity Update


On the Eastern Shore of Mobile Bay, the community of Spanish Fort saw 8 homes sold in April for an average price of $222,312 ($111.15/ sq ft). One year ago, there were 13 sold for $238,114 ($104.14/ sq ft). Although values have dropped  some, the declines are minimal compared to most other areas locally and certainly … Continue reading Eastern Shore Housing Activity Update

Posted in Baldwin County Real Estate, economic growth in Baldwin county AL, Financing Options, Gulf Coast Homes, Mobile Alabama real estate, Spanish Fort AL real estate | Also tagged , , , , , , | Comments closed

Daphne Home Prices Drop Again in Feb


List prices for Daphne homes on the market and those pending sale were pretty steady compared with January figures. Sold homes, however, dropped from an average of $220,071 (or $99.89/ square foot) to $191,312 in January ($82.13/sq foot). This represents a fifteen percent loss in one month; certainly something that has not and should not … Continue reading Daphne Home Prices Drop Again in Feb

Posted in Baldwin County Real Estate, Daphne AL real estate, Financial Considerations, Gulf Coast Homes, Home Buyer and Seller Tips | Also tagged , , , | Comments closed

Spanish Fort Homes Selling Relatively Quickly


In January 2009, homes sold in Spanish Fort averaged only 81 days on the market, slower only than the Municipal Park and West Mobile County areas.  The seven homes sold in January averaged $152,357 or $76.31/ square foot. There are currently 117 homes on the market with an average list price of $344,717 or $121.15/ square … Continue reading Spanish Fort Homes Selling Relatively Quickly

Posted in Baldwin County Real Estate, Financial Considerations, First-time Homebuyer, Gulf Coast Homes, Spanish Fort AL real estate, Uncategorized | Also tagged , , , | Comments closed

January Real Estate Activity in Daphne, AL


Fourteen homes sold in Daphne during January 2009, as compared with 21 in Jan 2008.  There were 41 homes pending sale last month, compared with 45 one year ago. The average sold price was $220,071 and $99.89 per square foot of living space. These homes spent an average of 126 realdays on the market before selling. There … Continue reading January Real Estate Activity in Daphne, AL

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How Did Fairhope Real Estate Fare in 2008?


Its nomination recently as the second nicest small town in the South is reflected in Fairhope’s ability to hold onto real estate value, with 2008 average home sales prices dropping by only 1.5%.  The price per square foot dropped 7% and the total number of sales dropped dramatically by 47%. So fewer homes sold, but … Continue reading How Did Fairhope Real Estate Fare in 2008?

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Spanish Fort Real Estate Activity


Year Homes sold Average $/SF Average Price Average Days on Market 2007 147 $113.14 $273,389 80 2008 126 $109.44 $268,214 105 In Spanish Fort, the number of homes sold in 2008 dropped almost 17% from 2007′s activity. This is comparable with the Baldwin County overall numbers.  The average sales price, however, dropped by only 2% in a year … Continue reading Spanish Fort Real Estate Activity

Posted in Baldwin County Real Estate, economic growth in Baldwin county AL, Financial Considerations, Gulf Coast Homes, Spanish Fort AL real estate | Also tagged , , , | Comments closed

Baldwin County AL 2008 Real Estate Wrap-Up


Baldwin County saw a total of 1109 home sales in 2008, compared with 1312 sales in 2007. This is a drop of 15.5% in the volume of sales transactions. Average price per square foot of living space dropped by nearly 14% during the year. The time spent on the market surprisingly dropped in the 4th quarter after … Continue reading Baldwin County AL 2008 Real Estate Wrap-Up

Posted in Baldwin County Real Estate, Bay Minette AL real estate, Daphne AL real estate, Fairhope AL real estate, Fairhope Alabama Real Estate, Financial Considerations, Financing Options, Gulf Coast Homes, Home Buyer and Seller Tips | Also tagged , , , , | Comments closed

Mid-Range Homes Sell Quickest in Spanish Fort


Price point seems to determine how quickly homes sell these days. In November, there was just one home that sold in Spanish Fort for under $200,000. It sold in a sluggish 165 days for $125.69 per square foot of living space. Most November home sales in Spanish Fort were in the $201k – $500k range. They … Continue reading Mid-Range Homes Sell Quickest in Spanish Fort

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