REAL Charts: Mobile home sales hold steady in December, end 2016 up 4 percent
Topics: Residential Real Estate
Markets: Mobile Area
Mobile home sales held steady during 2016, compared to sales the previous year.
There were 297 home sales in Mobile to round out 2016, which was down from 322 home sales in December 2015.
Click here to read the Alabama Center for Real Estate's full Mobile Residential Report
As for 2016, there was a 4 percent hike in home sales compared to 2015 with 4,470 homes sold during the year.
Click here for ACRE's Mobile Market Snapshot page
Inventory in Mobile slipped 13 percent in December, compared to 2015, with 1,873 homes listed on the market during December.
The median sales price in turn rose 5 percent ot $137,000 during the month of December compared to the previous year.
Click here to read ACRE's full Mobile Residential Article on Alabama Newscenter