Sales: According to the Marshall County Board of Realtors, October residential sales decreased 12.9% year-over-year (Y/Y) from 93 to 81 closed transactions. Sales decreased 14.7%
Sales: According to the Morgan County Association of Realtors, October residential sales in the Decatur area (Morgan and Lawrence Counties) decreased 6.8% year-over-year (Y/Y) from
Sales: According to ValleyMLS.com, October home sales in the Huntsville area decreased 23.6% year-over-year (Y/Y) from 825 to 630 closed transactions. Following seasonal trends, sales
ACRE Commentary: New home sales nationwide rebounded somewhat in October even as 30-year fixed mortgage rates passed 7% for the first time since 2002. The
Sales: According to the Lee County Association of Realtors, October residential sales in the Auburn-Opelika area decreased 19.4% year-over-year from 206 to 166 closed transactions.
Sales: According to the Mobile Area Association of REALTORS, October home sales in the area decreased 20.3% year-over-year (Y/Y) from 502 to 400 closed transactions.
Sales: According to the Shoals Area Association of Realtors, October residential sales decreased 30.7% year-over-year from 212 to 147 closed transactions. Following seasonal trends, sales
Sales: According to the Wiregrass Board of Realtors, October residential sales decreased 5.6% year-over-year from 125 to 118 closed transactions. Following seasonal trends, sales decreased
Sales: According to the Southeast Alabama Association of Realtors, October residential sales in the Dothan area decreased 25.1% year-over-year from 179 to 134 closed transactions.
Statewide Summary: Home sales in the state declined in October as escalating mortgage rates softened buyer demand. Sales declined 23.4% year-over-year and are down 8.9%
