Home sales soared 55 percent in May compared to April in Spanish Fort, Daphne and Fairhope. Prices also increased 2 percent and days on market dropped to 4.5 months on the Eastern Shore of the Mobile, Ala., metro area. Sellers on average sliced 2.5 percent off their list price in order to sell. Pending sales also rose, as did the number of homes for sale. On to the numbers for May Total houses for sale: 869 vs 816 first of May. Homes for sale in Spanish Fort AL: 127 Homes for sale in Daphne AL: 299 Homes for sale (0 comments)
home sale statistics: October 2009 home sales for Daphne, Spanish Fort and Fairhope, Alabama
- 11/04/09 08:59 AM
The upcoming expiration of the first-time homebuyer tax credit likely lead to a reduction in home sales in October on the Eastern Shore of the Mobile, Alabama, metro area. Home sales fell from 87 in September to 59 in October in Spanish Fort, Daphne and Fairhope. The first-time homebuyer tax credit of $8,000 was set to expire Nov. 30 and buyers apparently wanted to make that deadline with plenty of time to spare. Other buyers may have been waiting to see what would happen next. At this writing, the U.S. Senate is poised to extend that credit through April 2010 and (1 comments)