Mobile Alabama South Cottage Hill Area

By
Real Estate Agent with Port City Realty 54149

Sales and Inventory History

Wednesday, June 24, 2009
Category - Residential / Area: 17 - Cottage Hill S

Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2006 23 $127,903 $126,590 98.97% 42.0 67 2.91
February 2006 26 $184,983 $185,132 100.08% 28.0 57 2.19
March 2006 41 $160,804 $157,532 97.97% 42.0 49 1.20
April 2006 26 $207,706 $207,692 99.99% 39.0 64 2.46
May 2006 36 $164,342 $164,174 99.90% 21.0 61 1.69
June 2006 39 $210,554 $207,355 98.48% 38.0 79 2.03
July 2006 28 $177,882 $178,543 100.37% 48.0 90 3.21
August 2006 32 $174,297 $173,109 99.32% 38.0 89 2.78
September 2006 25 $175,190 $174,974 99.88% 41.0 97 3.88
October 2006 29 $174,612 $171,243 98.07% 54.0 104 3.59
November 2006 24 $150,841 $150,848 100.00% 43.0 109 4.54
December 2006 11 $155,284 $148,989 95.95% 64.0 109 9.91
 
Total 340 $172,033 $170,515 99.12% 41.5 81 3.42
  
January 2007 23 $215,667 $207,597 96.26% 62.0 107 4.65
February 2007 25 $204,165 $203,959 99.90% 70.0 110 4.40
March 2007 33 $210,561 $203,477 96.64% 65.0 99 3.00
April 2007 27 $191,720 $191,422 99.84% 50.0 103 3.81
May 2007 24 $207,785 $205,762 99.03% 60.0 125 5.21
June 2007 30 $209,659 $205,378 97.96% 53.0 138 4.60
July 2007 27 $197,244 $193,570 98.14% 56.0 141 5.22
August 2007 27 $191,114 $187,396 98.05% 65.0 158 5.85
September 2007 11 $147,145 $145,400 98.81% 46.0 177 16.09
October 2007 15 $166,473 $162,853 97.83% 63.0 171 11.40
November 2007 14 $200,111 $193,800 96.85% 93.0 153 10.93
December 2007 19 $219,952 $215,540 97.99% 66.0 146 7.68
 
Total 275 $196,800 $193,013 98.08% 62.4 136 6.92
  
January 2008 18 $144,642 $143,169 98.98% 95.0 142 7.89
February 2008 21 $268,439 $260,414 97.01% 97.0 143 6.81
March 2008 25 $160,100 $156,988 98.06% 94.0 144 5.76
April 2008 30 $202,824 $199,839 98.53% 72.0 152 5.07
May 2008 19 $182,915 $178,806 97.75% 71.0 153 8.05
June 2008 32 $239,634 $240,504 100.36% 108.0 162 5.06
July 2008 16 $260,257 $254,607 97.83% 74.0 175 10.94
August 2008 26 $177,473 $174,989 98.60% 79.0 170 6.54
September 2008 16 $173,495 $170,174 98.09% 71.0 172 10.75
October 2008 12 $172,925 $168,908 97.68% 46.0 173 14.42
November 2008 9 $178,161 $174,733 98.08% 64.0 176 19.56
December 2008 18 $254,088 $227,510 89.54% 69.0 161 8.94
 
Total 242 $201,246 $195,887 97.34% 78.3 160 9.25
  
January 2009 8 $175,685 $172,508 98.19% 109.0 167 20.88
February 2009 11 $160,336 $158,409 98.80% 58.0 164 14.91
March 2009 18 $149,712 $144,441 96.48% 101.0 173 9.61
April 2009 16 $215,817 $206,788 95.82% 93.0 168 10.50
May 2009 24 $199,623 $196,400 98.39% 63.0 164 6.83
 
Total 77 $180,235 $175,709 97.49% 84.8 167 12.60
  
Total 2006-2009 934 $187,578 $183,781 97.98% 66.8 136 8.00
graph

Note: The "Current Inventory" column(s) reflect the number of active and contingent (on market) listings on the 16th day of each month.
  The "Months Inventory" column(s) value(s) equal "Current Inventory" divided by "Monthly Sales".
  This reflects how many months it would take to sell out of inventory at the current months rate of sale.


This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty

Mobile, AL; 877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

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