According to the Lake Martin Area Association of Realtors, April residential sales (waterfront and non-waterfront) increased 27.1% year-over-year (Y/Y) from 48 to 61 closed transactions. Following seasonal trends, sales increased 17.3% from March. Year-to-date sales decreased by 7.3% year-over-year. Two more resources to review: Quarterly Report and Annual Report.
For all of the Lake Martin Area’s housing data, click here.
Inventory: April listings (491) increased 3.8 from March and increased 10.3% from one year ago. At the current sales pace, all the active inventory on the market would sell in 8.0 months, down from 9.1 months in March, and down from 9.3 months in April 2025. The equilibrium point where buyers and sellers have roughly equal bargaining power is 6 months of supply.
Pricing: The area’s median sales price in April was $417,500, a decrease of 27.5% from one year ago, and a decrease of 20.5% from March. The differing sample size (number of residential sales of comparative months) can contribute to statistical volatility, including pricing. ACRE recommends consulting with a local real estate professional to discuss pricing, as it will vary from neighborhood to neighborhood.
Homes sold in April averaged 124 days on the market (DOM), 6 days slower than April 2025.
Forecast: April sales were 8 units, or 15.94%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 53 sales for the month, while actual sales were 61 units. ACRE projected 169 sales in the area year-to-date, while actual sales were 176, a difference of 4.32%.
Click here to view the entire monthly report.
The Lake Martin Area Residential Monthly Report is developed in conjunction with the Lake Martin Area Association of Realtors to better serve area consumers.
