Highlights from Alabama’s August 2019 Residential Sales

Highlights from Alabama’s August 2019 Residential Sales

Topics: Research

Markets: Statewide

7.5%

August residential sales growth from one year ago (6,302 vs 5,862 closed transactions)

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3.8%

Year-to-date residential sales growth from one year ago (43,792 vs 42,209 closed transactions)

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$175,932

Median sales price of a home in Alabama during August, an increase of $13,221 (8.1%) from one year ago ($162,711)

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4.7%

Year-to-date median sales price appreciation from one year ago ($164,494 vs $159,044)
 


 

$203,097

Average sales price of a home in Alabama during August, an increase of $7,877 (4%) from one year ago ($195,220)

 


 

2.5%

Year-to-date average sales price appreciation from one year ago ($194,286 vs $189,515)

 


 

86 days

Days on market average for August, down 9 days from one year ago

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-12.6%

Decrease in August residential listings statewide versus one year ago (21,122 vs 24,165 listings)

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3.4 months

Statewide months of supply during August, down from 4.1 one year ago

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