Historic Mobile

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By Albert Marshall Cheney, Alabama Certified Residential Real Property Appraiser
Post Office Box 8888, Mobile, Alabama 36689-0888
For appraisal report inquiry call (251) 533-2424 or email to Albert@CheneyAppraisalServices.com
Periodically, I add photographs from the Mobile Bay Metro Area which consists of the two counties which wrap around Mobile Bay, Baldwin County and Mobile County. These counties offer so much for the residents as well as our visitors. Come and take a journey through my photographs of local people, historical buildings, scenery, and other characteristics which make this Gulf Coast area an interesting place to live and visit!
BLOG-Downtown Mobile Sunset From Bayway 04192013 [01]BLOG-Downtown Mobile-01 17 2013 [02]
MOBILE SUNSET FROM BAYWAY      DOWNTOWN MOBILE ON 01/17/2013
BLOG-DOWNTOWN MOBILE FROM CAR-06072013 EmailBLOG-SUNSET WHEN GOING HOME-06072013 [02]
HISTORIC DOWNTOWN MOBILE SUNSET DOWNTOWN MOBILE, ALABAMA
BLOG-Austal Downtown Mobile 06 20 2013 [01]BLOG-Downtown Mobile Post Office-Bldgs-04162013 [01]
AUSTAL, DOWNTOWN MOBILE U. S. POSTAL OFFICE DOWNTOWN MOBILE
BLOG-SEA OATS-DAUPHIN ISLAND 080813 [02]BLOG-DAUPHIN ISLAND WATER TANK 080813 [01]
SEA OATS, DAUPHIN ISLAND, AL WATER TOWER, DAUPHIN ISLAND, AL
BLOG-DAUPHIN ISLAND BEACH-GULF 080813 [03]BLOG-DAUPHIN ISLAND CONDOS 080813 [05]
DAUPHIN ISLAND, AL BEACH, 08/08/2013 DAUPHIN ISLAND CONDOS, 08/08/2013
BLOG-GULF SHORES BEACH WATER-06072013 [04]BLOG-GULF SHORES BEACH HOUSES-06072013 [09]
GULF SHORES, ALABAMA BEACH GULF SHORES COTTAGES ON THE WATER
 

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The 2009 fourth quarter, 1st October 2009 to 31st December 2009, indicates at least 838 sales within Mobile County, Alabama according to online REALTOR information records. The total sales can be broken down into four property type categories: (1) condominiums & townhouses, (2) manufactured homes, (3) new construction homes, and (4) single family older homes. Also, the last quarter of total sales compared to the third quarter of total sales indicate a drop of 146 sales, or -14.8%.

The approximate 31 condominiums & townhouses had an average list price of $107,838, 69 average days on market (dom) and a sale price to list price percentage of 91.03%.

The approximate 13 manufactured homes had an average list price of $41,923, 61 average days on market (dom) and a sale price to list price percentage of 86.24%.

The approximate 131 new construction homes had an average list price of $179,631, 70 average days on market (dom) and a sale price to list price percentage of 99.39%.

The approximate 659 single family older homes (18.44% drop when compared to the third quarter) had an average list price of $142,956, 86 average days on market (dom) and a sale price to list price percentage of 95.8%.

The average days on market (dom) for the fourth quarter was around 82 days and the average per square foot was $78.

The fourth quarter indicates more new construction in west Mobile, south of the Mobile Regional Airport, Semmes, southwest Mobile County, Theodore, and the Tillman’s Corner area when compared to other areas of Mobile County. Most of the single family residential or home sales occurred in the areas north and south of Cottage Hill Road, Municipal Park area & city west central, west Mobile, Semmes, Midtown area near downtown historic Mobile, and areas east of Wilmer, Alabama.

The average sold terms for the fourth quarter was CASH (21%), CONVENTIONAL (27.3%), FHA (42.4%), VA (6.4%) and OTHER-ASSUMPTION, AUCTION, VENDOR LIENS (2.9%).

The above information has been provided by Albert Marshall Cheney, Cheney Appraisal Services, located in the Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama. Albert Cheney is an active Certified Residential Real Property Appraiser and FHA Approved Appraiser with 35+ years experience in the real estate industry. Contact Albert Cheney at (251) 533-2424 or Albert@CheneyAppraisalServices.com if you require more information about Alabama real estate and ordering a “Certified” real estate appraisal report.

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