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FHA Online Appraiser Reports On "Whitestone Estates" Subdivision Located Near Semmes, Alabama

By
Real Estate Appraiser with CHENEY APPRAISAL SERVICES

Certified Online FHA Appraiser, Albert M. Cheney, reporting on Whitestone Estates Subdivision located off the west side of Schillinger Road, south of Moffett Road and located within the area of Semmes, Alabama.

Whitestone Estates Subdivision has 41 lots per record and using around 33.1+- acres for the subdivision development.  Most of the houses have been built in 2008 and 2009.

The majority of the homes will range from 2,000 square feet to 3,050 square feet with three or four bedrooms and two to three bathrooms.

The Average List Price is $248,804 and the Average Sale Price is $239,651 at this time.

The Average Sold Price Per Square Foot is $92.74.

The Average Number of Days On Market (DOM) is 36 days at this time;  although, the current economic and lending conditions could lengthen the days on market (DOM).

The Listing Price To Sales Price Ratio is approximately 97.6%.

The REALTOR online records indicates the Lowest Price Listing is $239,900 and the Highest Price Listing is $255,900.

The above information was obtained from the Mobile Area Association of REALTORS' online records.  Albert M. Cheney, FHA Online Appraiser & Broker, (251) 533-2424, is a member of the local REALTORS organization.

Tim Green
Real Estate and Beyond LLC - Chandler, AZ

I enjoyed reading your post tonight. Have a great night

Jul 01, 2009 04:56 PM
Stephanie D'Elia
Real Estate and Beyond LLC - Tempe, AZ

Thank you for the update for tonight. Happy July 4th

Jul 01, 2009 05:02 PM