Current Real Estate Conditions in Spanish Fort, AL

There are 133 homes on the market in Spanish Fort with an average list price of $380,517 (up 3% from 1st quarter) and a median price of $329,900 (up 1.5%). These homes have been on the market for an average of 121 days. The median is the point where there are the same number of prices lower than higher. In April, 13 homes have sold in Spanish Fort with an average sales price of $238,114 (down 8%) and a median sales price of $220,000. Average days on the market was 106. The number of homes that are under contract in Spanish Fort is 21 with an average sales price of $250,391 (unchanged from Q1) and a median price point of $199,900 (down 10%). These homes were on the market an average of 117 days. Generally speaking, the Spanish Fort market is still a good buyer’s market with plenty of inventory and relatively steady pricing.

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