Mobile AL Homes - Sales and Inventory History

By
Real Estate Agent with Port City Realty 54149

Area: 03 - MidTown East

Sales were down in June, but we are looking for a strong July.

Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2008 17 $138,342 $134,134 96.96% 56 148 8.71
February 2008 12 $181,450 $169,531 93.43% 81 156 13
March 2008 17 $201,677 $194,915 96.65% 64 170 10
April 2008 20 $181,853 $177,985 97.87% 43 169 8.45
May 2008 17 $227,412 $214,994 94.54% 107 170 10
June 2008 28 $181,032 $178,314 98.50% 92 177 6.32
July 2008 20 $170,388 $162,837 95.57% 113 172 8.6
August 2008 13 $217,210 $207,650 95.60% 33 186 14.31
September 2008 22 $199,873 $196,476 98.30% 90 188 8.55
October 2008 17 $194,631 $183,173 94.11% 54 170 10
November 2008 10 $235,238 $219,047 93.12% 103 166 16.6
December 2008 7 $116,343 $112,629 96.81% 78 150 21.43
January 2009 8 $159,603 $160,944 100.84% 55 152 19
February 2009 17 $181,241 $173,247 95.59% 78 166 9.76
March 2009 15 $198,319 $189,967 95.79% 63 166 11.07
April 2009 15 $150,000 $143,173 95.45% 111 172 11.47
May 2009 14 $194,403 $187,549 96.47% 75 180 12.86
June 2009 7 $182,529 $178,412 97.74% 51 171 24.43

 

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.


 --Information deemed reliable but not guaranteed--Copyright: 2009 by the Mobile Area Association of REALTORS
To search all the properties on the MLS go to www.PortCityRealty.com.
Prepared by JULIE MARTIN of PORT CITY REALTY on 7/8/2009 9:17:35 AM

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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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