The August 2008 data for Spanish Fort has 137 homes on the market. The average list price of $360,643 and a median price of $319,900, are both basically unchanged from July. These homes have been on the market for an average of 137 days, two weeks longer than in July. The median is the point where there are the same number of prices lower than higher.  In August, 5 homes have sold in Spanish Fort with an average sales price of $254,620 and a median sales price of $302,500. This average price is down quite a bit from a major spike in July, possibly due to a very high priced home skewing the average. This is $2000 below the June average price of $256,756. Average days on the market for these homes sold in August was 107 days. The number of homes that are presently under contract in Spanish Fort is 13 with an average sales price of $353,162, a 1% increase over July. The median price point of $298,500 represents a 3.5% drop over last month. These homes were on the market an average of 165 days, 21 days longer than in July.  To find a beautiful dream home in Spanish Fort, visit http://barbarareevesrealtor.com.

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