Market Report for the Fort Benning area in Alabama
Phenix City, Smiths, Fort Mitchell and Seale
We saw a slight drop in home sales in May, an 8% decrease from April.
Total Homes Sold: May-91 April-98
Average Days on Market: May-127 April-162
Average Sold Price: May-$151k April-$144
New Listings Taken: May-198 April-231
Total Sold Volume: May-$13.7 mil April-$14.1 mil
VA financing continues to be the popular method. Many military families find that the west gate area to Fort Benning brings a little more home for the money.
FHA financing was second, cash sales led conventional financing. This maybe due to investors purchasing foreclosures.
Please contact me for more information about the market or any other information about the area.