Hoover Alabama Real Estate Market Statistics July 2006 vs. July 2007: Now and Then

I think it's important as a Real Estate Consultant, as a resident, or a future home buyer or seller in the Hoover Area to know the stats.

With so much media coverage about "the state of the real estate market" being broadcast, I want to start doing a now and then segment to show how the market has changed from one year to the next.

July 2006
Listed Properties: 192
Average Price: $393,701
Price Range: $114,900-$2,500,000

July 2007
Listed Properties: 185
Average Price: $377,372
Price Range: $165,000-$2,190,000

July 2006
Sold Properties: 154
Average Price: $348,523
Price Range: $109,900-$905,000
Average Days on Market: 79

July 2007
Sold Properties: 217
Average Price: $346,871
Price Range: $138,500-$1,100,000
Average Days on Market: 102

If you would like to be contacted as soon as homes become available in the Hoover area just let me know, or if you would like to see statistics about other areas, don’t hesitate to ask.

You can find all the Now and Then stats here on Greater Birmingham Real Estate Resources, on Your Guide To Living In Greater Birmingham, or on Birmingham Alabama Real Estate blog via ActiveRain.