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Julie Martin Realtor® Broker Mobile Alabama Real Estate

Mobile AL Homes - Sales and Inventory History

AREA 2 - MIDTOWN SOUTH

After a very slow start this year, sales are starting to pick up in Midtown South.

Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2008 1 $119,900 $117,500 98.00% 16 41 41
February 2008 2 $55,700 $63,300 113.64% 2 41 20.5
March 2008 4 $146,320 $145,975 99.76% 106 48 12
April 2008 8 $214,388 $206,562 96.35% 127 46 5.75
May 2008 9 $149,067 $143,078 95.98% 66 53 5.89
June 2008 3 $189,800 $187,167 98.61% 72 51 17
July 2008 3 $215,300 $205,000 95.22% 63 49 16.33
August 2008 3 $189,000 $165,625 87.63% 97 53 17.67
September 2008 5 $154,480 $158,640 102.69% 24 53 10.6
October 2008 7 $186,229 $179,143 96.20% 63 50 7.14
November 2008 3 $264,300 $261,334 98.88% 32 45 15
December 2008 3 $132,027 $127,583 96.63% 22 44 14.67
January 2009 1 $124,900 $124,900 100.00% 8 47 47
February 2009 N/A $0 $0 0% 0 47 47
March 2009 1 $52,500 $48,000 91.43% 55 52 52
April 2009 N/A $0 $0 0% 0 52 52
May 2009 5 $213,168 $206,060 96.67% 76 52 10.4
June 2009 5 $176,300 $170,240 96.56% 116 56 11.2

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.


--Information deemed reliable but not guaranteed--Copyright: 2009 by the Mobile Area Association of REALTORS
To search all the properties on the MLS go to www.PortCityRealty.com.
Prepared by JULIE MARTIN of PORT CITY REALTY on 7/8/2009 9:07:35 AM

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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

Mobile Alabama Real Estate - Sold Report - June 2009

SOLD LISTINGS

Listing Price Range

# of Listings

Average DOM

% of Listings

$0

- $9,999

0

0

0.00%

$10,000

- $19,999

7

85

2.39%

$20,000

- $29,999

9

124

3.07%

$30,000

- $39,999

8

42

2.73%

$40,000

- $49,999

8

63

2.73%

$50,000

- $59,999

5

128

1.71%

$60,000

- $69,999

12

59

4.10%

$70,000

- $79,999

8

60

2.73%

$80,000

- $89,999

17

93

5.80%

$90,000

- $99,999

13

71

4.44%

$100,000

- $109,999

12

81

4.10%

$110,000

- $119,999

26

81

8.87%

$120,000

- $129,999

22

50

7.51%

$130,000

- $139,999

28

66

9.56%

$140,000

- $149,999

9

99

3.07%

$150,000

- $159,999

16

88

5.46%

$160,000

- $169,999

16

91

5.46%

$170,000

- $179,999

13

98

4.44%

$180,000

- $189,999

4

244

1.37%

$190,000

- $199,999

7

159

2.39%

$200,000

- $219,999

4

56

1.37%

$220,000

- $239,999

10

64

3.41%

$240,000

- $259,999

5

126

1.71%

$260,000

- $279,999

11

74

3.75%

$280,000

- $299,999

4

78

1.37%

$300,000

- $349,999

8

136

2.73%

$350,000

- $399,999

3

246

1.02%

$400,000

- $449,999

5

54

1.71%

$450,000

- $499,999

2

66

0.68%

$500,000

- $1,999,999

0

0

0.00%

$2,000,000

- $2,499,999

1

205

0.34%

#Total Listings: 293
Average Price: $151,196
Median Price: $179,950
Highest Price: $2,200,000
Lowest Price: $10,000
Average DOM: 86

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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

Mobile Alabama Real Estate - Area 22 - South Mobile County/Theodore - June 2009

Sales Price and Number of Sales increased in June in Area 22 - South Mobile County/Theodore

June

2008

13

$143,018

$138,677

96.96%

80.0

172

13.23

July

2008

25

$114,965

$113,694

98.89%

53.0

165

6.60

August

2008

11

$95,742

$90,449

94.47%

111.0

168

15.27

September

2008

18

$113,444

$112,511

99.18%

66.0

165

9.17

October

2008

16

$101,327

$97,041

95.77%

106.0

155

9.69

November

2008

18

$106,584

$105,118

98.62%

87.0

170

9.44

December

2008

15

$126,586

$125,623

99.24%

82.0

174

11.60

January

2009

7

$112,873

$105,571

93.53%

86.0

155

22.14

February

2009

15

$113,730

$108,583

95.47%

79.0

144

9.60

March

2009

17

$124,841

$116,291

93.15%

139.0

151

8.88

April

2009

15

$118,138

$113,976

96.48%

74.0

143

9.53

May

2009

9

$105,464

$104,733

99.31%

85.0

152

16.89

June

2009

16

$128,481

$124,175

96.65%

49.0

143

8.94

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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

Mobile Alabama Real Estate - Sales By Area Report - June 2009

Sales By Area Report

Area # of Sales Total Sales Avg Sales
01 Downtown 2 $67,500 $33,750
02 MidTown South 5 $851,200 $170,240
03 MidTown East 7 $1,248,885 $178,412
04 Dauphin Island Pkwy North 9 $579,900 $64,433
07 MidTown West 8 $809,885 $101,236
09 MidCentral 7 $367,400 $52,486
10 Eight Mile/Prichard 6 $432,400 $72,067
14 Municipal Park/West Central 15 $1,434,350 $95,623
15 Springhill/USA 19 $5,922,800 $311,726
16 Cottage Hill N 23 $3,628,550 $157,763
17 Cottage Hill S 24 $4,065,025 $169,376
18 West Mobile 26 $3,814,688 $146,719
19 Tillman's Corner 8 $834,500 $104,313
20 Western Bay Shores 8 $1,482,000 $185,250
21 Dauphin Island Pkwy South 12 $689,955 $57,496
22 South Mobile County/Theodore 16 $1,986,800 $124,175
23 Grand Bay North 12 $1,363,750 $113,646
24 West Mobile County 24 $5,277,465 $219,894
25 West Mobile/Semmes 22 $3,344,717 $152,033
26 Semmes/Wilmer/Lott Rd 20 $2,398,277 $119,914
27 Saraland 7 $1,194,000 $170,571
28 Saraland/Satsuma/Axis/Creola 4 $726,000 $181,500
29 NE Mobile Cty/Mt. Vernon 1 $48,000 $48,000
30 Dauphin Island 6 $1,301,250 $216,875
31 NW Mobile Cty/Citronelle 1 $345,000 $345,000
Total 292 $44,214,297 $151,419


--Information deemed reliable but not guaranteed--Copyright: 2009 by the Mobile Area Association of REALTORS
To search all the properties on the MLS go to www.PortCityRealty.com.
Prepared by JULIE MARTIN of PORT CITY REALTY on 7/6/2009 8:25:50 PM

-----------------------------------------------------------------------------------------------------------------------

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

Mobile Alabama Real Estate - Area 23 - Grand Bay North - June 2009

While sale prices were down in Grand Bay North for the month of June, Actual sales were up. We have the lowest inventory we have had in the past 14 months, which should help those sales prices.

Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
June 2008 6 $153,951 $148,858 96.69% 80 47 7.83
July 2008 7 $130,529 $130,075 99.65% 43 47 6.71
August 2008 3 $130,933 $129,967 99.26% 121 50 16.67
September 2008 7 $155,629 $146,650 94.23% 62 53 7.57
October 2008 6 $170,468 $165,360 97.00% 69 55 9.17
November 2008 1 $109,900 $91,250 83.03% 113 58 58
December 2008 5 $100,120 $82,400 82.30% 105 55 11
January 2009 4 $105,575 $104,683 99.16% 47 55 13.75
February 2009 6 $95,804 $89,983 93.92% 95 55 9.17
March 2009 3 $119,600 $115,500 96.57% 91 60 20
April 2009 6 $160,933 $151,192 93.95% 54 64 10.67
May 2009 4 $177,675 $171,688 96.63% 28 68 17
June 2009 12 $116,723 $113,646 97.36% 76 59 4.92

----------------------------------------------------------------------------------------------------------------------

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