This information reflects single family, residential home sales for Fairhope, AL – Baldwin County, AL based on the Baldwin County MLS as of January 13, 2011.
Fairhope had 348 sales in 2010 compared to 271 sales in 2009 – that up a staggering 28%!! Great news for Fairhope Real Estate. That being said, median home prices did fall 4% from 2009.
Of the 348 sales, 50% were sold for $200K or less; 38% for $201-$400K; and 12% for $401k and up. These ranges did not change appreciably from 2009.
Overall, this is great news for the Fairhope, AL market. All signs show a strong start to 2011 and if we can continue to sell at the pace of 2010, we should be able to absorb the pending foreclosures still to come. Stay tuned – I’ll have Daphne, Spanish Fort, Gulf Shores and Orange Beach Condos and all of Baldwin County’s stats soon.
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.
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