As of today (April 25, 2017), research for this Spanish Fort market update shows 182 total homes listed for sale. Of those, 117 are pending sale, so there are 65 active listings currently in Spanish Fort. Since January 1st, 117 residential home sales have closed, so there has been an average of 30 homes sold each month year to date.
- January – 22 homes sold
- February – 19 homes sold
- March – 47 homes sold
- April – 29 homes sold so far
Since most closings take place during the last week of the month, I expect that April will be ablockbuster month for closings. Additionally, we are seeing the number of days on market going down, so homes are selling more quickly.
All of this demonstrates just how strong the home sales market is in Spanish Fort, which is a microcosm of how strong the home market is across Baldwin County.