Price point seems to determine how quickly homes sell these days. In November, there was just one home that sold in Spanish Fort for under $200,000. It sold in a sluggish 165 days for $125.69 per square foot of living space.

Most November home sales in Spanish Fort were in the $201k – $500k range. They took an average of only 107 days to sell. That’s nearly two full months quicker than either the under $200k or the over $500k homes.   Clearly, the mid-priced homes are in the greatest demand and will move off the market more quickly.  There was just one home that sold over $500k in Spanish Fort last month. It stayed on market for 148 days before selling for $785,000, or $175.38/square foot.  You can see many lovely homes in Spanish Fort and all of Baldwin and Mobile Counties at http://barbarareevesrealtor.com.

You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.