August 2008 statistics specifically for Fairhope show 470 homes on the market for sale with an average sales price of $447,836 and a median price of $349,900, both relatively unchanged from the prior month.  These homes are still moving fairly slowly and were on the market an average of 193 days. In August, 15 homes have sold in Fairhope with an average sales price of $375,201, rising 13% compared to July. The median sales price of $395,000 is up significantly from July. Days on the market averaged 145 days for sold homes. The number of homes that are presently under contract in Fairhope is 34, with an average sales price down 6% at $335,259. The median price point has dropped to $269,200. These homes averaged 154 days on the market, 11 days quicker compared to July.

The Baldwin County Home Builder’s Association (BCHBA) will be holding their 19^th annual Parade of Homes September 20-21 and 27-28. In this annual event homes will be open for public viewing from 10 a.m. to 5 p.m. free of charge. Featured homes will be located around Baldwin county Alabama including Fairhope, Spanish Fort, Foley, Gulf Shores, Robertsdale, and Daphne.

In conjunction with this home viewing event, third through fifth graders will also be in on the experience; these children are invited to create a picture of their ‘dream home’ and submit it for possible prizes and to be chosen for the front of the Parade of Homes publication.

So if you are looking for your dream home in Baldwin County Alabama, visit the beautiful Gulf Coast in September and take a look for yourself. The Parade of Homes event is the perfect time for potential home buyers to find their dream home.

July 2008 statistics specifically for Fairhope show 482 homes on the market for sale with an average sales price of $447,836 and a median price of $349,900, both relatively unchanged from the prior month. The median is the point where there are the same number of prices lower than higher. These homes are still moving fairly slowly and were on the market an average of 182 days, due to the large inventory. Fairhope is still experiencing a Buyer’s market. 

In July, 24 homes have sold in Fairhope with an average sales price of $330,833, holding steady compared to June. The median sales price of $297,500 is up by an impressive 19% from June. Days on the market averaged 161 days for sold homes, down a whole month from the 192 days in June.

The number of homes that are presently under contract in Fairhope is 27, with an average sales price holding steady at $355,802. The median price point has risen 7% to $335,900. These homes averaged 165 days on the market, no real change compared to June.

Fairhope Alabama’s City Council recently voted to accept the Strategic Planning Process Committee ‘s first recommendation by forming a strategic planning steering committee. The committee will be comprised of nine members total; seven of these will be ‘citizen’ members with one appointed as the chairman and the other two members will be the mayor and a member of the city council.

The Strategic Planning Process Committee with Chuck Zunk as the chairman has met multiple times since their appointment on April 14 to discuss how to move the project forward resulting in the recommendation of this ‘citizen’ committee. Mr. Zunk reported to the Baldwin County now that because Fairhope Alabama has a lot of people with valuable skills that are willing to give of their time and efforts, the strategic planning will not cost the city as much as it would if these people were not available.

Learn more about Fairhope Alabama’s Strategic Plan.

The Fairhope Environmental Advisory Board (FEAB) will be presenting their proposal that the city should adopt an environmental mission statement at today’s City Council meeting. Though Fairhope Alabama has been moving forward with ‘green’ practices, FEAB feels that they should still incorporate an environmental statement as part of their overall scheme. The FEAB generally function to help the city in eco-friendly services by offering advice and direction and reviewing development and infrastructure projects for consistently ‘green’ choices.  

Projects that are proposed or already supported by Fairhope include the volunteer Environmental Advisory Board, a recycling program, an annual coast clean-up, hazardous waste receptacles at public works facilities, and a permeable concrete sidewalk project. 

For more information on how Fairhope Alabama is improving the quality of life for residents and preserving the natural beauty of the environment visit Baldwincountynow.com.

June 2008 statistics specifically for Fairhope show 484 homes on the market for sale with an average sales price of $449,258 (up 3%) and a relatively unchanged median price of $347,950. The median is the point where there are the same number of prices lower than higher. These homes are still moving fairly slowly and were on the market an average of 175 days.

In June, 24 homes have sold in Fairhope with an average sales price of $331,342 and a median sales price of $250,000. This is a 10% decrease in average sales price and an 8% drop in median price over May’s numbers. Days on the market averaged 192 for sold homes.

Homes under contract are rebounding nicely from a weak May. The number of homes that are presently under contract in Fairhope is 28, with an average sales price increasing 22% to $357,493. The a median price point has risen 35% to $313,950. These homes averaged 164 days on the market, no real change compared to May.

The Summer high season is here with many families experiencing job transfers and relocating to this lovely area. The number of homes on the market has risen to the point where buyers have many choices, not like it was a couple of years ago when inventory was very low. It is still a strong Buyer’s market. As economic growth increases with new industry coming to the metro area, inventory will not stay this large for long.

Segers Aero Corp. has decided to move their North American headquarters from Opa-Locka Floridia to Fairhope Alabama due to the incentives package offered by the Fairhope Economic and Industrial Board. The Segers Aero Corp. aviation service company recently purchased an existing 130,000-square-foot facility which is situated near the Fairhope Alabama airport; this building used to be an operations center for Crestview Aerospace and L3 Communications. 

Relocating the headquarters for Segers Aero Corp. will involve moving some 40 employees and hiring 35 to 40 new employees by the end of the year. Segers Aero Corp. are involved in various aviation services on fixed wing and rotary wing aircraft, with a specialization in engine maintenance and repairs for military and commercial planes, and Baldwin County welcomes their decision to operate out of Fairhope. 

Fairhope Alabama’s City Council recently established a moratorium which would protect wetlands within the city limits. Under the new ordinance “land disturbance permits” will not be allowed effective immediately and extending to October 15 2008, unless it is changed before this time. The City Council president, Bob Gentle, indicated that putting a hold on ‘land disturbance permits’ will allow the city to work on stormwater ordinances; city officials realize that wetlands naturally absorb water from stormwater runoff so it will not end up in the bay via sewers or creeks. Harmful pollutants are contained in these runoffs and the Fairhope city council wish to address ways of protecting wetlands before more problems arise.

The new nurse-training facility and university opened in Fairhope Alabama at the end of May with great expectations. The building is state of the art and features human patient simulators, computerized testing labs, a special testing center, and a learning lab. This fabulous new facility is part of the University of South Alabama Baldwin County (USABC) and measures 20,503 square feet for an intensive and hands on learning and training experience for nursing students. 

With the nationwide shortage of nurses, USABC is helping to bring competent and well-qualified individuals into the field. The new building is located on the west side of the Fairhope Civic Center and City Hall, and it currently has over 1,000 students in several different programs with future growth expectations.