Note: This article provides a preview of closed sales activity during May, which provides limited insight regarding the impact of the pandemic to residential sales
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: According to the Southeast Alabama Association of Realtors, April residential sales in the Dothan area decreased 8.2% year-over-year from 171 to 157 closed transactions. Going against
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,
Sales: According to the Southeast Alabama Association of Realtors, February residential sales in the Dothan area decreased 18.5% year-over-year from 124 to 101 closed transactions. Going against
Sales: According to the Southeast Alabama Association of Realtors, January residential sales in the Dothan area increased 2.9% year-over-year from 102 to 105 closed transactions. Following
Alabama’s residential market is substantially impacted by the amount of homes listed for sale at any given moment. It impacts months of supply, median sales
The Alabama Center for Real Estate created the following rankings based on year-over-year (Y/Y) growth in total residential sales during September. 1. Gadsden Area: 49.2%
The Alabama Center for Real Estate created the following rankings based on median price appreciation in August 2019: 1. Gadsden Area: 23.8% 2. Lake Martin Area: 19.6%
According to the Alabama Housing Affordability Index (AHAI) for the second quarter of 2019, there were five metro areas identified as cities where the average Alabama family
