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Mobile Market Trends

Today, November 9, 2009

Median Sales Price in Mobile

Embed Info
1 yr 5 yr Max
Mobile median sales prices
Number of sold homes in Mobile
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$111,859+9.4%$104,923$102,212$72,140
3 bedrooms$123,878-8.2%$130,230$135,000$99,600
4 bedrooms$214,125-8.9%$215,000$235,000$190,500
All properties$132,544-1.8%$136,750$135,000$103,935
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Mobile Summary

The median sales price for homes in Mobile AL for Aug 09 to Oct 09 was $132,544. This represents a decline of 3.1%, or $4,206, compared to the prior quarter and a decrease of 1.8% compared to the prior year. Sales prices have appreciated 27.5% over the last 5 years in Mobile.

The average listing price for Mobile homes for sale on Trulia was $224,571 for the week ending Nov 04, which represents a decline of 0.3%, or $780, compared to the prior week and an increase of 1.1%, or $2,423, compared to the week ending Oct 14. Average price per square foot for Mobile AL was $86, an increase of 1.2% compared to the same period last year. Popular neighborhoods in Mobile include Hannon Park, Washington Square, Park Place, Rickarby, Cypress Shores, and Lyons Park.

 

Average Listing Price in Mobile

Embed Info
1 yr 5 yr Max
Mobile average property price
Mobile – number of properties
No. BedroomsWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
1 bedroom$117,434-1.5%$119,234$120,707$145,038
2 bedrooms$149,059-0.2%$149,358$146,207$122,913
3 bedrooms$152,2640.0%$152,190$153,586$153,773
4 bedrooms$309,553-0.3%$310,570$311,671$311,688
All properties$224,571-0.3%$225,351$225,614$222,148
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Average Price Per Sqft for Homes in Mobile

Embed Info
1 yr 5 yr Max
Mobile average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$96+12.9%$85$85$69
3 bedrooms$80-7.0%$89$86$65
4 bedrooms$88-11.1%$93$99$79
All properties$86+1.2%$87$85$68
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Popular Neighborhoods in Mobile

Neighborhoods Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
Hannon Park 1 +2 3 20
Washington Square 2 +10 12 8
Park Place 3 +2 5 14
Rickarby 4 +19 23 25
Cypress Shores 5 +13 18 33
Lyons Park 6 +9 15 17
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Homes for Sale in Mobile

6478 Cedar Bend Court, Mobile AL
6478 Cedar…
$109,100
3 br  2 ba
7446 Meadow Run Court, Mobile AL
7446 Meadow…
$199,000
4 br  3 ba
4705 Bush Lane, Mobile AL
4705 Bush…
$154,000
3 br  2 ba
6701 Dickens Ferry Road #61, Mobile AL
6701 Dicke…
$95,000
2 br  2 ½ ba
1569 Tallahassee Drive, Mobile AL
1569 Talla…
$109,900
3 br  2 ba
954 Louise Avenue, Mobile AL
954 Louise…
$180,000
3 br  2 ½ ba
View all Mobile Homes for Sale
 
Stats & Trends
Mobile

Real Estate Overview

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Community Info

Neighborhoods

Hannon Park

Washington Square

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  • Airmont
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  • USA
  • Venetia
  • Washington Square
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close [x]
  • 36601
  • 36602
  • 36603
  • 36604
  • 36605
  • 36606
  • 36607
  • 36608
  • 36609
  • 36610
  • 36611
  • 36612
  • 36613
  • 36615
  • 36616
  • 36617
  • 36618
  • 36619
  • 36621
  • 36622
  • 36625
  • 36628
  • 36630
  • 36633
  • 36640
  • 36641
  • 36644
  • 36652
  • 36660
  • 36663
  • 36670
  • 36671
  • 36675
  • 36685
  • 36688
  • 36689
  • 36690
  • 36691
  • 36693
  • 36695
close [x]

Nearby Cities

Cities
Median
sales price
Average
listing price
Prichard
$28,000
$34,354
Chickasaw
$87,780
$85,805
Saraland
$128,500
$212,298
Daphne
$163,115
$262,601
Spanish Fort
$195,450
$324,595
Satsuma
$130,636
$220,692
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Advice & Opinions

Recent Q&A in Mobile, AL

Q: Im looking for nationwide online directories of reo & foreclosure agents/specialists. Does anyone know of any websites/addresses? 2 answers
Q: Las Vegas Property - I am an Australian who holidays in Las Vegas every year - Question can I buy a Las Vegas home with 30% deposit, with US Morgage. 5 answers
Q: Any idea of the crime rate around the area of Alta Vista Dr. on Dolphin Island? 2 answers
Q: Bradshaw Estates 1 answer
Q: How To Convince Parents It's Time to Sell Their Home? Be the first to answer

Got a real estate question? 

More Advice & Opinions:
  • Recent Q&A in Mobile, AL
  • Recent blog posts in Mobile, AL
  • Find a real estate professional Mobile, AL

Nearby Cities Real Estate

  • Prichard Real Estate
  • Chickasaw Real Estate
  • Saraland Real Estate
  • Daphne Real Estate
  • Spanish Fort Real Estate
  • Satsuma Real Estate

Nearby Cities Sold Homes

  • Prichard Sold Homes
  • Chickasaw Sold Homes
  • Saraland Sold Homes
  • Daphne Sold Homes
  • Spanish Fort Sold Homes
  • Satsuma Sold Homes

Nearby Cities Home Prices

  • Prichard Home Prices
  • Chickasaw Home Prices
  • Saraland Home Prices
  • Daphne Home Prices
  • Spanish Fort Home Prices
  • Satsuma Home Prices

Mobile Stats & Trends

  • Mobile Real Estate Overview
  • Mobile Schools
  • Mobile Community Info
  • Mobile Home Prices
  • Mobile Real Estate
  • Mobile Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Mobile real estate market. Find Mobile properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Mobile average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Mobile housing statistics are available for each Mobile, AL neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.