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FHA Appraiser, Albert M. Cheney, reporting on The Woodlands At The Preserve Subdivision located along the north side of Girby Road between Government Boulevard and Hillcrest Road within the city of Mobile, Alabama.
The Woodlands At The Preserve Subdivision has 82 lots and, since 2006, around half of the lots have homes.
The majority of the homes will range from 2,000 square feet to 2,500 square feet with three bedrooms and two to three bathrooms.
The Average List Price is $368,857 and the Average Sale Price is $332,361 at this time.
The Average Sold Price Per Square Foot is $154.59.
The Average Number of Days On Market (DOM) is 127 days at this time; although, the current economic and lending conditions could lengthen the days on market (DOM).
The Listing Price To Sales Price Ratio is approximately 99.6%.
The REALTOR online records indicate a Low Sale Price of $275,000 and a High Sale Price of $470,000.
The above information was obtained from the Mobile Area Association of REALTORS. Albert M. Cheney, FHA Appraiser, (251) 533-2424, is a member of the local REALTORS organization.
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This service allows my subscribers to track the real estate values and trends in specific areas in Mobile and Baldwin Co.
Simply follow this link: http://www.southalabamahomevalues.com/ and in minutes you will receive your personalized Market Snapshot.
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Sales and Inventory History
Wednesday, June 24, 2009
Category - Residential / Area: 17 - Cottage Hill S
Month
Year
Monthly Sales
Avg ListPrice
Avg Sale Price
% Diff Sell/list
Avg DOM
Curr Inventory
Months Inventory
January
2006
23
$127,903
$126,590
98.97%
42.0
67
2.91
February
2006
26
$184,983
$185,132
100.08%
28.0
57
2.19
March
2006
41
$160,804
$157,532
97.97%
42.0
49
1.20
April
2006
26
$207,706
$207,692
99.99%
39.0
64
2.46
May
2006
36
$164,342
$164,174
99.90%
21.0
61
1.69
June
2006
39
$210,554
$207,355
98.48%
38.0
79
2.03
July
2006
28
$177,882
$178,543
100.37%
48.0
90
3.21
August
2006
32
$174,297
$173,109
99.32%
38.0
89
2.78
September
2006
25
$175,190
$174,974
99.88%
41.0
97
3.88
October
2006
29
$174,612
$171,243
98.07%
54.0
104
3.59
November
2006
24
$150,841
$150,848
100.00%
43.0
109
4.54
December
2006
11
$155,284
$148,989
95.95%
64.0
109
9.91
Total
340
$172,033
$170,515
99.12%
41.5
81
3.42
January
2007
23
$215,667
$207,597
96.26%
62.0
107
4.65
February
2007
25
$204,165
$203,959
99.90%
70.0
110
4.40
March
2007
33
$210,561
$203,477
96.64%
65.0
99
3.00
April
2007
27
$191,720
$191,422
99.84%
50.0
103
3.81
May
2007
24
$207,785
$205,762
99.03%
60.0
125
5.21
June
2007
30
$209,659
$205,378
97.96%
53.0
138
4.60
July
2007
27
$197,244
$193,570
98.14%
56.0
141
5.22
August
2007
27
$191,114
$187,396
98.05%
65.0
158
5.85
September
2007
11
$147,145
$145,400
98.81%
46.0
177
16.09
October
2007
15
$166,473
$162,853
97.83%
63.0
171
11.40
November
2007
14
$200,111
$193,800
96.85%
93.0
153
10.93
December
2007
19
$219,952
$215,540
97.99%
66.0
146
7.68
Total
275
$196,800
$193,013
98.08%
62.4
136
6.92
January
2008
18
$144,642
$143,169
98.98%
95.0
142
7.89
February
2008
21
$268,439
$260,414
97.01%
97.0
143
6.81
March
2008
25
$160,100
$156,988
98.06%
94.0
144
5.76
April
2008
30
$202,824
$199,839
98.53%
72.0
152
5.07
May
2008
19
$182,915
$178,806
97.75%
71.0
153
8.05
June
2008
32
$239,634
$240,504
100.36%
108.0
162
5.06
July
2008
16
$260,257
$254,607
97.83%
74.0
175
10.94
August
2008
26
$177,473
$174,989
98.60%
79.0
170
6.54
September
2008
16
$173,495
$170,174
98.09%
71.0
172
10.75
October
2008
12
$172,925
$168,908
97.68%
46.0
173
14.42
November
2008
9
$178,161
$174,733
98.08%
64.0
176
19.56
December
2008
18
$254,088
$227,510
89.54%
69.0
161
8.94
Total
242
$201,246
$195,887
97.34%
78.3
160
9.25
January
2009
8
$175,685
$172,508
98.19%
109.0
167
20.88
February
2009
11
$160,336
$158,409
98.80%
58.0
164
14.91
March
2009
18
$149,712
$144,441
96.48%
101.0
173
9.61
April
2009
16
$215,817
$206,788
95.82%
93.0
168
10.50
May
2009
24
$199,623
$196,400
98.39%
63.0
164
6.83
Total
77
$180,235
$175,709
97.49%
84.8
167
12.60
Total
2006-2009
934
$187,578
$183,781
97.98%
66.8
136
8.00

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.
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.
Search all the listings in Mobile County, Baldwin County and on the Mississippi Gulf Coast any time for free with no sign in requirement from PortCityRealty.com.
Current Foreclosure List and Information
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THIS HAS BEEN CANCELED, but if you would like to help please call one of the numbers on the flier. Thanks.

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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.
Search all the listings in Mobile County, Baldwin County and on the Mississippi Gulf Coast any time for free with no sign in requirement from PortCityRealty.com.
Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information
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Accepted Contracts:
8316 Bennett - HUD/Joe Winans
10570 Wulff Road - Lee Martin
8686 Three Dean Way - Mary Thomas
(That makes 23 properties under contract!!)
Closings:
5471 Drexel Drive - $91,000 - Brandi Cook
416 E. 21st Avenue - $82,000 - Lee Martin
Listings:
195806 - Details: 3105 DOG RIVER RD, THEODORE, AL - $329,900 - Brandy Lutz
195558 - Details: 409 PALMETTO CT, GULF SHORES, AL - $82,000 - Lee Martin
http://mobmls.net/MobileReports/ListitLib/show_report.aspx?ID=INJ3488916
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Date Range: 06/14/2009 - 06/20/2009 |
|
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First Time Unique Visitors |
218.00 |
|
Prior Unique Visitors |
26.00 |
|
Total Unique Visitors |
244.00 |
|
Average First Time Unique Visitors Per Day |
31.14 |
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Average Prior Unique Visitors Per Day |
3.71 |
|
Average Unique Visitors Per Day |
34.86 |
|
Initial Sessions |
244.00 |
|
Repeat Sessions |
44.00 |
|
Total Unique Visitor Sessions |
288.00 |
|
Average Initial Session Per Day |
34.86 |
|
Average Repeat Sessions Per Day |
6.29 |
|
Average Unique Visitor Sessions Per Day |
41.14 |

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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.
Search all the listings in Mobile County, Baldwin County and on the Mississippi Gulf Coast any time for free with no sign in requirement from PortCityRealty.com.
Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information
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