Search Baldwin County Listings

Tuesday, December 14, 2010

Fairhope Real Estate Sales for November

December 14, 2010 by Fairhope Realty Group

This information reflects residential home sale in Fairhope, AL based on the Baldwin County MLS as of December 14, 2010.

Fairhope had an 8% increase in total sales in November 2010 when compared to November 2009 and, surprisingly, median sales prices were up 5% as well.  48% of those sales were under $200K; 44% were $201-400K and 7% were for over $401K.

YTD, Fairhope is up 26% in total sales from last year and median sales prices are down a total of 5%.
This is the first month that I’ve seen the median prices increase.  Hopefully, that’s a sign that we’ve hit a bottom and are coming back.  We’ll need to watch for a few more months before we can say that, though.
As of the writing of this blog, we have 53 homes under contract in Fairhope.

As always, 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.

No comments:

Post a Comment