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Friday, September 28, 2007

Mobile County NAR Report - August 2007

There are two charts below. The first chart shows sales activity in Mobile County according to the Gulf Coast MLS data. The second chart shows homes for sale data from the same source. Click on either chart to see a larger version.

Here is a summary of what the data shows us:

  • Median Price of Home in Mobile for August was $133,250
  • Most Activity is in the $120,000 - $139,000 price range
  • There is almost a $100,000 median price jump from 3BR home to 4BR home
  • It takes longer to sell a 2BR or 4 BR home than a 3 BR home.




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