ALABAMA REAL ESTATE JOURNAL

Highlights from Alabama’s December 2019 Residential Sales

18.9%

December residential sales growth from one year ago (5,116 vs 4,303 closed transactions)

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5.3%

Year-to-date residential sales growth from one year ago (64,279 vs 61,062 closed transactions)

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$166,391

Median sales price of a home in Alabama during December, an increase of $7,619 (4.8%) from one year ago ($158,772) ____________________________________________________________________________

5.7%

Year-to-date median sales price growth from one year ago ($167,936 vs $158,818)


$195,232

Average sales price of a home in Alabama during December, an increase of $8,280 (4.4%) from one year ago ($186,952)


3.9%

Year-to-date average sales price growth from one year ago ($195,734 vs $188,389)


84 days

Days on market average during December, down 18 days from one year ago


-13.5%

Decrease in December residential listings statewide versus one year ago (18,562 vs 21,463 listings)

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3.6 months

Statewide months of supply during December, down from 5.0 one year ago

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