
ACRE Forecasts Sales Growth in Most Residential Markets in 2020
Residential markets across Alabama have plenty of momentum in 2020. Total residential sales passed the pre-recession peak in 2018, and 2019 was yet another record

Residential markets across Alabama have plenty of momentum in 2020. Total residential sales passed the pre-recession peak in 2018, and 2019 was yet another record

The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during December. Birmingham: 38 days

The Alabama Center for Real Estate’s 2019 residential sales forecast performed quite well (accurate to within 6.5% statewide) considering the challenges faced at the end of 2018.

The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during November. 1. Birmingham: 33

The Alabama Center for Real Estate created the following rankings based on year-over-year growth in median sales price during October 2019: Statewide Average: 10.1% National Average: 6.2% Lake Martin

The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during October. 1. Huntsville: 31

Properties sold at a record pace in September as the statewide days on market (DOM) average was an impressive 82 days, the fastest ever month

The Alabama Center for Real Estate created the following rankings based on new construction as a percentage of total residential sales during September. 1. Athens

Heidi Smith, Tennessee Valley Authority (TVA) General Manager, Global Business, will be the keynote speaker at the 2nd Annual NALCOM CRE Forum on October 23, 2019




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