Highlights from Alabama’s September 2019 Residential Sales

Highlights from Alabama’s September 2019 Residential Sales

Topics: Residential Real Estate

Markets: Statewide

8.7%

September residential sales growth from one year ago (5,510 vs 5,069 closed transactions)

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4.3%

Year-to-date residential sales growth from one year ago (49,317 vs 47,278 closed transactions)

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$175,501

Median sales price of a home in Alabama during September, an increase of $11,550 (7%) from one year ago ($163,957)

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5%

Year-to-date median sales price appreciation from one year ago ($167,538 vs $159,590)

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$200,796

Average sales price of a home in Alabama during September, an increase of $10,504 (5.5%) from one year ago ($190,292)

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2.9%

Year-to-date average sales price appreciation from one year ago ($195,023 vs $189,601)

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82 days

Days on market average for September, down 8 days from one year ago

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-9.7%

Decrease in September residential listings statewide versus one year ago (21,373 vs 23,680 listings)

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3.9 months

Statewide months of supply during September, down from 4.7 one year ago

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REAL compliments of

ACRE Alabama Cabinet
Transformational Leadership

Featured Member

B.L. Harbert International, LLC
Culverhouse

Advancing Relationships.