The following interactive spreadsheet will show the difference in average sales price for a home sold in Mobile in the first 9 months of September, 2007 compared to the same time period in September, 2006. Use the scroll bar to move from left to right. To move to the bottom of the data put your cursor on the row and then use the down arrow key. The difference in price is known as appreciation.
The Saraland, Satsuma, Axis, Creola leads in the home price appreciation. This may be due to the news of the new Thyssen Krupp Steel mill to be built north of here along Highway 43 in the Calvert/Mount Vernon area.
The Dauphin Island Parkway, Midtown North West, and Cottage Hill S are areas in Mobile where homes are being purchased and then renovated.
When looking at charts like this, remember that a small number of transactions may skew the average selling price.
West Mobile is by far is where most activity is occuring and the home price appreciation is roughly 4.5 %.
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