Spanish Fort Real Estate Update

Just when you think that the Spanish Fort real estate market is tapping out, you see a report like this.  This town is continues to grow with dozens of closings each month, even with school starting back.  

Here you’ll find all of the most recent data for homes that are on the market and those that have sold in Spanish Fort Last.

Real Estate Market Update for Spanish Fort – September 2019

Spanish Fort Real Estate Market Update - September 2019 page 1

Homes for Sale in Spanish Fort Banner

  • 154 homes and condos for sale
  • Average list price – $351,166
  • Average square feet – 2,624
  • Price per square foot – $133
  • Days on the market – 104

Here’s an interesting fact about our market.  Of the 154 properties that are for sale, 67 of them were built in 2019.  Hmmm….On the other side of the spectrum, there are only 25 homes that were built earlier than the year 2000.  The demand to live in Spanish Fort has attracted developers over the years and it’s showing.

To find out more about the new construction market in Spanish Fort, click here.

At the time of this writing, the most expensive home is for sale for $1,299,000 and the least expensive home is $55,000.

Contact Jeff Nelson for Real Estate

Spanish Fort Real Estate Market Update - September 2019 page 2

Homes Sold in Spanish Fort Banner

  • 34 single family homes sold
  • Average square feet – 2,503
  • Average listing price – $298,884
  • Median selling price – $273,015
  • Average selling price – $294,713
  • Price per square foot – $118
  • Listing to selling price ratio – 98%
  • Days on the market – 80

So the busy home buying season has closed yet Spanish Fort still had slightly over 1 real estate closing every single day of the month.  Technically there aren’t any closings on the weekend but I’m trying to make a point.  Also, don’t forget that this town is the smallest of the 6 major cities of Baldwin County.

Buyers are loving Spanish Fort!

The most expensive home sold for $495,395 and the least expensive sold at $165,000.  Although growth is steady, we are still seeing home buyers getting an average off of the list price so be sure to give me a call to negotiate the best price for you.

If you are thinking about buying or selling a home in Spanish Fort, check out this comprehensive guide, Spanish Fort Real Estate Guide.

Signature - Spanish Fort Real Estate Update Sept 2019

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.