Wednesday, October 24, 2007

Mountain Brook Alabama Real Estate Market Statistics September 2006 vs. September 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 Mountain Brook 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.

September 2007
Listed Properties (during the month): 43
Average Price: $704,740
Price Range: $297,900-$2,100,000

September 2006
Listed Properties (during the month): 47
Average Price: $968,635
Price Range: $282,200-$4,499,000

September 2007
Sold Properties: 22
Average Price: $755,210
Price Range: $225,000-$2,000,979
Average Days on Market: 131

September 2006
Sold Properties: 26
Average Price: $610,242
Price Range: $277,000-$1,885,000
Average Days on Market: 66

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.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 9/16/07 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

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