Mountain Brook 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 Birmingham 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: 51
Average Price: $654,649
Price Range: $277,000 - $1,999,900

July 2007
Listed Properties: 45
Average Price: $798,141
Price Range: $297,900 - $4,200,000

July 2006
Sold Properties: 28
Average Price: $589,170
Price Range: $265,000-$1,400,000
Average Days on Market: 62

July 2007
Sold Properties: 42
Average Price: $817,970
Price Range: $285,000-$3,495,000
Average Days on Market: 91

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