Posts Tagged ‘Real Estate Statistics’

Cheney Appraisal Services, Albert Marshall Cheney, Certified FHA Approved Real Estate Appraiser in Mobile, Alabama, (251) 533-2424, assists the Appraisal Management Companies (AMCs), Attorneys, Certified Public Accountants (CPAs), Clients, Lenders and Property Owners in finding active and approved Certified FHA Appraisers in HOUSTON and other principal cities in the State of Texas.

Cheney Appraisal Services provides categories of Texas cities and towns which list only approved Certified FHA Real Estate Appraisers with website links for contact. Periodically, these categories and lists of Certified FHA Real Estate Appraisers will be updated by Albert Marshall Cheney.

HOUSTON, TEXAS
http://www.rlbradley.org/

http://www.haginas.com/

http://www.murphyappraisalgroup.net/

Cheney Appraisal Services, Albert Marshall Cheney, Certified FHA Approved Real Estate Appraiser, Baldwin County & Mobile County of  Alabama, (251) 533-2424, has made an effort to provide current information with only active and approved Certified FHA Real Estate Appraisers with company websites. Each Certified FHA Appraiser should also be in good standing with the Federal Housing Administration (FHA) and their licensing state. If anyone using this appraisal list has a legitimate reason why a Certified FHA Real Estate Appraiser should not be listed within this appraisal listing, then forward your information to Cheney Appraisal Services, Albert@CheneyAppraisalServices.com, for review and removal consideration. Thank you!

Certified Real Estate Appraisers and the Mobile Area Association of REALTORS provide statistics on the real estate activity for the last quarter.

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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 statistical information has been compiled 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.

For more information about the Mobile County statistical real estate listings and sales, call a local real estate agent and member of the Mobile Area Association of REALTORS.