Spanish Fort, Daphne, Fairhope home sales - Aug 2015

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

Remember I talk about the market taking a breather. Well, it happened in August. But it really wasn’t too bad.

In Spanish Fort, Daphne and Fairhope, 155 homes closed, compared with 196 in July. Sales prices continue to wobble up and down. Inventory dipped again.

But buyer activity in September is promising.

Here’s what’s happening on the Eastern Shore of the Mobile, Ala., metro area:

Total houses for sale: 807, compared with 849 first of July.        

Homes for sale in Spanish Fort AL: 139

Homes for sale in Daphne AL: 275

Homes for sale in Fairhope AL: 393

Pending sales:

Total: 233, compared with 277 the first of July

Spanish Fort: 36

Daphne: 110

Fairhope: 87

Closed sales for August 2015

Total: 155 vs 196 in July

Average sale price: $270,192, compared with $273,643 in July.

Median sales price: $229,000, slightly down from $230,975 in July

List to sale percentage: 97.01%, compared to 98.5% in July

May home sales:

Spanish Fort: 25

Daphne: 69

Fairhope: 61

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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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