Pace of Sold Million Dollar Homes picks up

This Ono Island Home sold for $2,050,000 in August

So far in 2011, there have been 19 homes sold in Mobile and Baldwin County along the coastal Alabama area where the sales price of the home has exceeded $1,000,000. The number of homes sold this year already exceeds the number of sold million dollar plus homes for all of 2010 which was 14.    Sales in this price range are down from from 2007 and 2008 where the number of sales of over million homes were double of what it is today.


Historically, Baldwin County has had more sales of such homes as compared to Mobile County . Sales of homes on Ono Island and Mobile Bay Frontage in Baldwin County is where these home prices are predominantly found in our area. In Mobile County, for the most part, the homes in this price range are in the Mobile Country Club area.


It does take a little bit longer to sell a home at this price range.  For example, this past August a Ono Island Home with over 2 acres of property with its own private beach sold for $2,050,000.  The home was on the market for over 3 years.  It was listed at one time for over $6,500,000.


There are currently around 120 homes for sale in Mobile and Baldwin County where list price is at or greater than $1,000,000.   Use the links below to see details:

• Mobile County Million Dollar Homes for Sale

• Baldwin County Million Dollar Homes for Sale

Please let me know if you have any questions.  My contact information is listed below.


Steve Shaw
Keller Williams Realty
http://www.GulfRegionProperties.com/
http://www.AlabamaBestHomes.com/
Mobile Alabama Home Search Gadget
(251) 215-9382