Kgillespie05…, Home Buyer in Fairhope, AL

Do you think that existing home sales in Fairhope Alabama is doing well in comparison to the rest of the state?

Asked by Kgillespie0528, Fairhope, AL Fri May 18, 2012

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Russell Harper’s answer
Traditionally, the Fairhope Area has been very strong. The BP Spill changed that, and times were tough for many months. People, places and things are recovering and it seems there is more activity in real estate and things are certainly looking up.
0 votes Thank Flag Link Mon Aug 13, 2012
According to the Baldwin County MLS 154 houses have sold and closed so far in 2012. 34 were foreclosures. 6 were short sales. 20 were new construction. So 94 were existing, non foreclosure, non short sale properties. I don't know how that compares to the rest of the state, but with less than 25% of the sales being foreclosures I think that is pretty good.
0 votes Thank Flag Link Fri May 18, 2012
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