September Sales for Daphne and Spanish Fort, AL

September Sales for Daphne and Spanish Fort, AL October 8, 2010                                                                                                                                                               In September, the Baldwin County MLS shows that 52 single family homes were sold in Daphne and Spanish Fort with a median price of $83/sf.  That’s down 22% from 67 sales in September of 2009 when the median price was $101/sf.  Here’s how the sales broke down: $200K and Under = 31 sales (60%) median price $72/sf (compared to 64% last September with median price = $99/sf) $200-$400K = 18 sales (35%) median price $98/sf (compared to 24% last September at $102/sf) $400K and Up = 3 sales (6%) median price $121/sf (compared to 12% last year at $126/sf) As of this writing, there are 70 single family homes currently under contract or pending sale in Daphne and Spanish Fort. Year to Date sales for Daphne and Spanish Fort are 464 with median price at $91/sf (compared to 2009 YTD through September when we had 415 sales with a median of $97/sf) A breakdown of YTD sale for Daphne and Spanish Fort are as follows with percent of total sales and median price per range: Range                              2009                 2010 <$200K                     53%-$92/sf      57% – $79/sf $200-$400K          40%-$101/sf     38% – $100/sf >$400K                     6%-$132/sf       6% – $127/sf Based on these numbers, Daphne and Spanish Fort’s September was a little worse than the county’s with sales dropping 22% from last September.  YTD, Daphne and Spanish Fort sales are still up 11% over 2009 and the median sales price is down 6%. If you’d like an analysis like this done for a specific neighborhood or town in Baldwin County, AL, please feel free to call or email me and I’ll be glad to put one together for you. Also, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838. You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.