December home sales were more ho-hum than ho-ho-ho. Not bad but not spectacular.
On the Eastern Shore of the Mobile, Alabama, metro area, there were 81 homes closed, down slightly from 84 in November.
Average sale prices, as well as the median price, took hits largely due to the fact that 37% of home sales in Spanish Fort, Daphne and Fairhope were foreclosures. Another 23% were new homes.
Here are the stats for the Eastern Shore:
Total houses for sale: 838
Homes for sale in Spanish Fort AL: 125
Homes for sale in Daphne AL: 284
Homes for sale in Fairhope AL: 429
Pending sales:
Total: 140
Spanish Fort: 18
Daphne: 81
Fairhope: 41
Closed sales for December, 2011
Total: 81
Average sale price, $176,013, down from $196,791 in November and $197,251 in October
Media sales price, $160,000, down from $163,100 in November and $168,900 in October
List to sale percentage: 94.66%, an improvement over $93.93% in November
Spanish Fort: 17
Daphne: 42
Fairhope: 22
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