Home sales spiked in May, with an increase of 31% over the previous month on the Eastern Shore of Mobile, Ala.
Sales in Spanish Fort, Daphne and Fairhope increased from 147 to 194. Pending sales dropped 8% from 325 to 296.
Here’s what’s happening on the Eastern Shore :
Total houses for sale: 877 compared to 860 the first of May.
Homes for sale in Spanish Fort AL: 150
Homes for sale in Daphne AL: 324
Homes for sale in Fairhope AL: 402
Pending sales:
Total: 296 compared to 325 the first of May
Spanish Fort: 53
Daphne: 116
Fairhope: 127
Closed sales for May 2015
Total: 194 vs 147 in April
Average sale price: bounced down to $268,460, compared to $272,053 in April and $257,021 in March.
Median sales price: $231,430, up from $225,000 in April
List to sale percentage: Tightened up to 97.77% from 96.82% in April
May home sales:
Spanish Fort: 33
Daphne: 90
Fairhope: 70
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