Alabama Center for Real Estate

January new home sales in the state increased 14.7% year-over-year (Y/Y) from 652 to 748 closed transactions, marking 18 consecutive months of Y/Y gains.

January home sales in the state increased 17.2% year-over-year (Y/Y) from 4,122 to 4,829 closed transactions, marking eight consecutive months of Y/Y gains.

December marked 17 consecutive months of year-over-year increases in new home sales in the state.

December home sales in the state increased 24.2% year-over-year from 5,116 to 6,355 closed transactions.

Christopher Lee, president and CEO of CEL & Associates, will be speaking at the 21st annual commercial real estate conference (ACREcom) on February 26, 2021.

The Air Force notified Governor Kay Ivey that the preferred site for United States Space Command will be Redstone Arsenal, located in Huntsville, Alabama.

November new home sales in the state increased 19.8% year-over-year (Y/Y) from 713 to 854 closed transactions, marking 17 consecutive months of Y/Y gains.

Home sales in Alabama increased for the sixth consecutive month in November, rising 23.3% year-over-year.

Industrial and manufactured home parks are the best-performing property types since the beginning of the pandemic.