Homewood Alabama Real Estate Market Statistics August 2007 vs August 2006: 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 Homewood 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.

August 2006
Just Listed Properties: 69
Average Price: $362,703
Price Range: $50,000 - $1,900,000

August 2007
Just Listed Properties: 64
Average Price: $352,310
Price Range: $169,500 - $799,000
Average Days on Market


August 2006
Sold Properties: 31
Average Price: $392,582
Price Range: $189,900-$1,225,000
Average Days on Market: 71

August 2007
Sold Properties: 35
Average Price: $330,455
Price Range: $147,000 - $755,000
Average Days on Market: 102

If you would like to be contacted as soon as homes become available in the Homewood 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 Birmingham Alabama Real Estate stats on Greater Birmingham Real Estate Resources, on Your Guide To Living In Greater Birmingham, or on Birmingham Alabama Real Estate blog via ActiveRain.

*Note these stats are accurate as of 9/907 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.