July Real Estate Sales Statistics for Municipal area of Mobile, Alabama!

Summary of the housing market and real estate home sales in the Municipal Park area of Mobile, Alabama for the month of July.

According to data obtain thru the Gulf Coast Association of Realtors for the month of July, 23 homes sold in the Municipal Park area of Mobile with an average sales price of $106,172. and a median sales price of $109,000.

At the end of July there were 34 homes under contract pending close in the Municipal Park area of Mobile with an average sales price of $105,143. and a median sales price of $113,900. The median point is the midpoint where there are the same number of homes above that point as below.

One hundred and forty homes were on the market in the Municipal Park area of Mobile at the end of July with an average list price of $124,186. and a median list price of $123,250. The absorbtion rate for the area is slightly over 6 meaning there is a 6 month supply of homes on the market.

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