Sales: According to the Greater Alabama MLS, August home sales in the Birmingham area increased 7.7% year-over-year (Y/Y) from 1,543 to 1,661 closed transactions. Sales decreased 7.4%
Sales: According to the Greater Alabama MLS, July home sales in the Birmingham area increased 14.6% year-over-year (Y/Y) from 1,565 to 1,794 closed transactions. After Y/Y declines
Sales: According to the Greater Alabama MLS, June home sales in the Birmingham area increased 10.1% year-over-year from 1,581 to 1,741 closed transactions. Going against seasonal trends,
While total residential sales in Alabama decreased 15% year-over-year in May, new home sales increased 7.2% Y/Y from 795 to 852 closed transactions. The median sales price
Sales: According to the Greater Alabama MLS, May home sales in the Birmingham area decreased 21.5% year-over-year from 1,652 to 1,297 closed transactions. Going against seasonal trends,
New home sales represent a significant portion of all residential sales nationwide, usually around 10-12%. The new construction industry is also a significant part of
Danielle Hale, chief economist for Realtor.com, recently released a revised economic and housing forecast. Residential sales nationwide are expected to decline 15% in 2020 versus 2019. Larger
Sales: April home sales in the Birmingham area decreased 13.6% year-over-year from 1,513 to 1,308 closed transactions. Going against seasonal trends, sales were down 4.8% from
Editor’s Note: All information in this article reflects data provided to the Alabama Center for Real Estate for the time period March 1 – 31,
Editor’s Note: All information in this article reflects data provided to the Alabama Center for Real Estate for the time period February 1 – 29,
