ALABAMA REAL ESTATE JOURNAL

Highlights from Alabama’s October 2019 Residential Sales

6.7%

October residential sales growth from one year ago (5,211 vs 4,883 closed transactions)

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4.5%

Year-to-date residential sales growth from one year ago (54,528 vs 52,161 closed transactions)

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$171,508

Median sales price of a home in Alabama during October, an increase of $15,787 (10.1%) from one year ago ($155,721)

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5.5%

Year-to-date median sales price growth from one year ago ($167,935 vs $159,203)

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$200,390

Average sales price of a home in Alabama during October, an increase of $17,003 (9.3%) from one year ago ($183,387)

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3.5%

Year-to-date average sales price growth from one year ago ($195,560 vs $188,980)

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88 days

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

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-10.7%

Decrease in October residential listings statewide versus one year ago (20,719 vs 23,210 listings)

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4.0 months

Statewide months of supply during October, down from 4.8 one year ago

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