July 2009 home sales in Daphne, Spanish Fort and Fairhope8/5/2009
July 2009 home sales, pendings show stability, except in pricing
Home sales statistics on the
Both home sales and pending sales in Spanish Fort, Daphne and Fairhope/Point Clear showed slight increases over June, 2009. Yet, 20 percent of home sellers reduced prices in July alone to move property.
Seventy-six homes sold in July, up from 73 that sold in June. Pending sales remain encouraging with 162 single-family residences under contract, up from 157 in June. There was a little erosion in the list-to-sale percentage which fell from 96.21% in June to 95.88% in July.
Here are the stats for the Eastern Shore in July, 2009:
Total houses for sale: 1,214
Spanish Fort: 147
Lake Forest: 133
Spanish Fort: 23
Lake Forest: 15
Closed sales for July 2009
Average sales price: $262,616, up from $252,497 in June, but down from $265,549 in May.
Median sales price: $204,500, down from $211,400 in June and $225,000 in May
List to sale percentage: 95.88%
Spanish Fort: 10
(Data from the Baldwin County Multiple Listing Service)