Hoover 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 Hoover Alabama 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
Listed Properties: 206
Average Price: $359,536
Price Range: $140,500 -$1,399,000

August 2007
Listed Properties: 211
Average Price: $374,588
Price Range: $129,900 -$1,550,000

August 2006
Sold Properties: 157
Average Price: $347,784
Price Range: $130,000 -$1,011,525
Average Days on Market: 69

August 2007
Sold Properties: 156
Average Price: $328,863
Price Range: $134,900 - $1,421,000
Average Days on Market: 79

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 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 9/15/07 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.