April 2011 sales little changed in Spanish Fort, Daphne, Fairhope

Home sales on the Eastern Shore of Mobile, Ala., remained steady in April with 95 homes selling, little changed from the 100 closings in March<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Of the ones that closed in Spanish Fort, Daphne and Fairhope, 30 were foreclosures or short sales, and 22 were new construction. Only 16 homes priced over $300,000 closed, while that segment makes up 37% of all active listings.

Pending sales remain consistent with 172 under contract, compared with 179 under contract this time in April.

Here are the stats for the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Eastern Shore:
Total houses for sale: 1,024 (92 are foreclosures or short sales)

Spanish Fort: 134
Daphne: 374
Fairhope: 531

Pending sales
Total: 172        
Spanish Fort: 21

Daphne: 85
Fairhope: 66
 
Closed sales for April, 2011
Total: 95
Average sales price: $197,658, down from $204,757 in March.

Median sales price: $164,900, down from $177,500 in March.

List to sale percentage: $96.05, a bit improved over 95.97% in March.

Spanish Fort: 14
Daphne: 33
Fairhope: 48

 (Data from the Baldwin County Multiple Listing Service)