May '15 home sales spike in Spanish Fort, Daphne, Fairhope

Real Estate Agent with RE/MAX By The Bay, Daphne Alabama

Home sales spiked in May, with an increase of 31% over the previous month on the Eastern  Shore of Mobile, Ala.

Sales in Spanish Fort, Daphne and Fairhope increased from 147 to 194. Pending sales dropped 8% from 325 to 296.

Here’s what’s happening on the Eastern Shore :

Total houses for sale: 877 compared to 860 the first of May.        

Homes for sale in Spanish Fort AL: 150

Homes for sale in Daphne AL: 324

Homes for sale in Fairhope AL: 402

Pending sales:

Total: 296 compared to 325 the first of May

Spanish Fort: 53

Daphne: 116

Fairhope: 127

Closed sales for May 2015

Total: 194 vs 147 in April

Average sale price: bounced down to $268,460, compared to $272,053 in April and $257,021 in March.

Median sales price: $231,430, up from $225,000 in April

List to sale percentage: Tightened up to 97.77% from 96.82% in April

May home sales:

Spanish Fort: 33

Daphne: 90

Fairhope: 70


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Janet English

RE/Max By The Bay

 (251) 591-2411



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Janet English

Market expert in Daphne, Spanish Fort, Fairhope
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