Greater Birmingham Real Estate Resources: Selling Your Home

Showing posts with label Selling Your Home. Show all posts

Thursday, June 26, 2008

Birmingham AL Real Estate Market Stats April 2008

We have noticed that some of our readers keep coming here instead of our NEW! blog at www.BirminghamRealEstateHomesAndMortgages.com

Here at Greater Birmingham Real Estate Resources our focus has always been on keeping you informed about the Birmingham Alabama Real Estate market.

Something we know is that in order to help you make an educated and well thought out decision for you and your family, whether it be buying or selling Birmingham Alabama homes for sale, you need to know that market conditions.

So, we plan on devoting time each month to keep you informed about what is happening in Birmingham Alabama Real Estate, and focusing here on the areas of Helena, Homewood, Hoover, Mountain Brook, Pelham, Trussville, and Vestavia Hills.

Instead of just posting all of the same posts here as we do on our other blogs, we are going to provide links to the posts on the other sites so you can go directly to the posts that are of the greatest interest to you.

PLEASE NOTE THAT THESE STATS WILL BE FROM BOTH YOUR GUIDE TO LIVING IN GREATER BIRMINGHAM AND BIRMINGHAM REAL ESTATE HOMES AND MORTGAGES UNTIL THE COMPLETE CHANGE OVER HAS OCCURRED.

April 2008 Birmingham AL Real Estate Market Statistics

April 2008 Subdivision Statistics from Around the Greater Birmingham Area

Related Links

Thursday, June 19, 2008

Birmingham AL Real Estate Market Stats March 2008: Now and Then

We have noticed that some of our readers keep coming here instead of our other blog at YourGuideToLivingInGreaterBirmingham.com

Here at Greater Birmingham Real Estate Resources our focus has always been on keeping you informed about the Birmingham Alabama Real Estate market.

Something we know is that in order to help you make an educated and well thought out decision for you and your family, whether it be buying or selling Birmingham Alabama homes for sale, you need to know that market conditions.

So, we plan on devoting time each month to keep you informed about what is happening in Birmingham Alabama Real Estate, and focusing here on the areas of Helena, Homewood, Hoover, Mountain Brook, Pelham, Trussville, and Vestavia Hills.

Instead of just posting all of the same posts here as we do on our other blogs, we are going to provide links to the posts on the other sites so you can go directly to the posts that are of the greatest interest to you.

Now, as you may remember, one of the blog series that we featured was a now and then series that compared the current year with last year. One of the things we liked about this was that it gave perspective and answers the question, “How does this year compare with last year?”

March 2008 Birmingham AL Real Estate Market Statistics: Now and Then

Related Links

Thursday, June 12, 2008

Birmingham AL Real Estate Market Stats March 2008

We have noticed that some of our readers keep coming here instead of our other blog at YourGuideToLivingInGreaterBirmingham.com

Here at Greater Birmingham Real Estate Resources our focus has always been on keeping you informed about the Birmingham Alabama Real Estate market.

Something we know is that in order to help you make an educated and well thought out decision for you and your family, whether it be buying or selling Birmingham Alabama homes for sale, you need to know that market conditions.

So, we plan on devoting time each month to keep you informed about what is happening in Birmingham Alabama Real Estate, and focusing here on the areas of Helena, Homewood, Hoover, Mountain Brook, Pelham, Trussville, and Vestavia Hills.

Instead of just posting all of the same posts here as we do on our other blogs, we are going to provide links to the posts on the other sites so you can go directly to the posts that are of the greatest interest to you.

March 2008 Birmingham AL Real Estate Market Statistics

Related Links

Thursday, June 5, 2008

Birmingham AL Real Estate Market Stats February 2008: Now and Then

We have noticed that some of our readers keep coming here instead of our other blog at YourGuideToLivingInGreaterBirmingham.com

Here at Greater Birmingham Real Estate Resources our focus has always been on keeping you informed about the Birmingham Alabama Real Estate market.

Something we know is that in order to help you make an educated and well thought out decision for you and your family, whether it be buying or selling Birmingham Alabama homes for sale, you need to know that market conditions.

So, we plan on devoting time each month to keep you informed about what is happening in Birmingham Alabama Real Estate, and focusing here on the areas of Helena, Homewood, Hoover, Mountain Brook, Pelham, Trussville, and Vestavia Hills.

Instead of just posting all of the same posts here as we do on our other blogs, we are going to provide links to the posts on the other sites so you can go directly to the posts that are of the greatest interest to you.

Now, as you may remember, one of the blog series that we featured was a now and then series that compared the current year with last year. One of the things we liked about this was that it gave perspective and answers the question, “How does this year compare with last year?”

February 2008 Birmingham AL Real Estate Market Statistics: Now and Then

Related Links

Thursday, May 29, 2008

Birmingham AL Real Estate Market Stats February 2008

We have noticed that some of our readers keep coming here instead of our other blog at YourGuideToLivingInGreaterBirmingham.com

Here at Greater Birmingham Real Estate Resources our focus has always been on keeping you informed about the Birmingham Alabama Real Estate market.

Something we know is that in order to help you make an educated and well thought out decision for you and your family, whether it be buying or selling Birmingham Alabama homes for sale, you need to know that market conditions.

So, we plan on devoting time each month to keep you informed about what is happening in Birmingham Alabama Real Estate, and focusing here on the areas of Helena, Homewood, Hoover, Mountain Brook, Pelham, Trussville, and Vestavia Hills.

Instead of just posting all of the same posts here as we do on our other blogs, we are going to provide links to the posts on the other sites so you can go directly to the posts that are of the greatest interest to you.

February 2008 Birmingham AL Real Estate Market Statistics

Related Links

Tuesday, May 27, 2008

Birmingham AL Real Estate Market Stats January 2008: Now and Then

We have noticed that some of our readers keep coming here instead of our other blog at YourGuideToLivingInGreaterBirmingham.com

Here at Greater Birmingham Real Estate Resources our focus has always been on keeping you informed about the Birmingham Alabama Real Estate market.

Something we know is that in order to help you make an educated and well thought out decision for you and your family, whether it be buying or selling Birmingham Alabama homes for sale, you need to know that market conditions.

So, we plan on devoting time each month to keep you informed about what is happening in Birmingham Alabama Real Estate, and focusing here on the areas of Helena, Homewood, Hoover, Mountain Brook, Pelham, Trussville, and Vestavia Hills.

Instead of just posting all of the same posts here as we do on our other blogs, we are going to provide links to the posts on the other sites so you can go directly to the posts that are of the greatest interest to you.

January 2008 Birmingham AL Real Estate Market Statistics: Now and Then

1. Homewood AL Real Estate Market Statistics January 2008 vs. 2007

2. Vestavia Hills AL Real Estate Market Statistics January 2008 vs. 2007

3. Mountain Brook Real Estate Market Statistics January 2008 vs. 2007

4. Hoover Real Estate Market Statistics January 2008 vs. 2007

5. Trussville Real Estate Market Statistics January 2007 vs. 2008

6. Birmingham Alabama Real Estate Market Reports- 2006 vs. 2007 Year in Review

Sunday, May 18, 2008

Birmingham AL Real Estate Market Stats January 2008

We have noticed that some of our readers keep coming here instead of our other blog at YourGuideToLivingInGreaterBirmingham.com

Here at Greater Birmingham Real Estate Resources our focus has always been on keeping you informed about the Birmingham Alabama Real Estate market.

Something we know is that in order to help you make an educated and well thought out decision for you and your family, whether it be buying or selling Birmingham Alabama homes for sale, you need to know that market conditions.

So, we plan on devoting time each month to keep you informed about what is happening in Birmingham Alabama Real Estate, and focusing here on the areas of Helena, Homewood, Hoover, Mountain Brook, Pelham, Trussville, and Vestavia Hills.

Instead of just posting all of the same posts here as we do on our other blogs, we are going to provide links to the posts on the other sites so you can go directly to the posts that are of the greatest interest to you.

January 2008 Birmingham AL Real Estate Market Statistics

Saturday, November 10, 2007

Hoover Real Estate Market Statistics October 2007

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

October 2007
Newly Listed Properties during October: 196
Average Price: $436,668
Price Range: $139,900-$2,195,000

October 2007
Sold Properties: 73
Average Price: $338,811
Price Range: $132,000-$860,000
Average Days on Market: 102

Currently Active as of 11/8/07
Active: 879Average Price: $457,454.77
Price Range: $135,000-$4,999,000
Average Days on Market: 122

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 here 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 11/8/07 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

Thursday, November 8, 2007

Homewood Real Estate Market Statistics October 2007

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

October 2007
Newly Listed Properties during October: 66
Average Price: $378,839
Price Range: $169,900-$1,450,000

October 2007
Sold Properties: 15
Average Price: $251,030
Price Range: $136,000-$654,000
Average Days on Market: 83

Currently Active as of 11/8/07
Active: 246
Average Price: $386,307
Price Range: $139,900-$1,199,990
Average Days on Market: 103

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 here 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 11/8/07 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

Tuesday, November 6, 2007

When Home Inspections Find Housing Problems...

I was reading an article today from the National Association of Realtors, 6 Common Housing Problems that Spook Buyers, and found that there are some things that will make a buyer run from a potential property.

One of the important things the article pointed out was the importance of a home inspection and the need, if possible, for the buyer to be at the inspection. If you are at the home inspection you might have the opportunity to ask questions for clarification and understanding.

The article listed six things, or issues, that seem to cause the most fear: (I have added my own commentary to their information.)

1. Water damage. After walking through a house nothing worries potential buyers more than water spots or clear water damage. It was noted in the article that "all water damage isn't serious." One of things you will want to know is whether the water damage or leak is major or minor. While major leaks can be be quite costly, some minor ones may only require a few hundred dollars or less. So, it might be worth your while to get an estimate from a professional who can let you know how serious it is and what it might take to remedy.

2. Missing permits. In today's HGTV world, there are a lot of do-it-yourself types out there working on their homes. Something they might neglect to do is get a permit to do the work. Before you completely mark this off the list, the article suggests that you "ask the home inspector if the work was done well and meets code requirements..." If it was done well and passes inspection it might be a nice addition.

3. Code violations. Sometimes you might hear an inspector utter those words. Find out what it would take to bring the situation up to code. Often, in older homes, you might find plumbing or electrical work that is out of date. Some code repairs might be as simple as replacing a plug outlet. So ask.

4. Cracks in the garage floor. I have been in many homes and seen cracks in the basement floor or driveway. From talking with some inspectors, most of these cracks are nothing more than settling and are not indicative of structural problems. Find out from the home inspector whether they are or not. If they do suggest a problem, find out what the problem is and what it might take to correct it.

5. Termites. Damage or a presence of termites can be seen in a large part of the country. Alabama does have them, like most of the south. If they are found, first, they need to be gotton rid of. Once they are gone, you will be able to see what kind of damage has been done and find out what it might take to fix it. If your home isn't protected, we would recommend you getting a bond and regular treatment to prevent further occupation or damage.

6. Foundation cracks and other foundation issues. Cracks can be found in the foundation of many dated homes. If you find any, I would do as the article suggests and "Get an expert to inspect the problem and estimate - what if anything - needs to be done."

Monday, November 5, 2007

Birmingham Alabama is Looking On The Bringht Side

Last week an article came out in the Birmingham News pointing out a drop in sales for the month of September. In BIG print it read, "Month's Sales Drop 15%..." Let's read on though, because things may not be as bad as it seems. Let's look on the bright side.

To be "fair and balanced" let's look at both sides of the equation though. Sales are down, it is true. There is no denying this because the numbers back it up. Comparing September 2006 against September 2007 you will see that sales were down from 1,523 in 2006 to 1,283 in 2007. For the year we are down as well from 14,473 in 2006 to 13,942 in 2007 so far. But, the median price is up. In September of 2006 the median sales price was $159,000 and it is now up to $164,200 in September of 2007. New home sales have fallen probably the most. Sales volume in September of 2006 was 7.8 months and is up to 9.2 months of September of 2007.

Now, let's look on the bright side. Last year, 2006, was a banner year for our area. We continue to do all of our comparisons based on our best year ever for sales. So far, we only behind last year by 3.7% which puts on pace to having the second best year ever. So, has the Birmingham real estate market been affected, yes, but are we crumbling as the media would have you think?

Absolutely not. As Gary Keller reminded us a while ago, all real estate is local.

Sunday, November 4, 2007

Bathrooms and Preparing Your Home To Sell Part 4 of 4

Home Owners and Home Sellers, you may or may not realize this, but what you are doing right now in your home, whether it is on the market or not, will make an impact on how long it takes your home to sell, how much you will make on the sell of your home, and how difficult or easy the sell will be.

You will learn that when your home goes on the market that any semblance of privacy goes out the window. Your house becomes more of a display piece than a home.

Since we are taking a look in the bathroom, you will agree that there are some things (sights, smells, sounds, etc...) that buyers (visitors) will not want to experience while in that room.

So what do you do to prepare that bathroom for guests?

We have identified four things to do to prepare your bathroom for guests, and these are:
1. Clean
2. Fix
3. Sanitize
4. Finishing touch

Today, we want to discuss step 3, the Finishing Touches! Hopefully, you have cleaned, repaired, sanitzed, and are ready to wrap things up.

There are a number of ideas to keep in mind and this list is not exhaustive. For example, on the counter many agents suggest only having three items such as potpourri, a new soap dispenser and a plant. Also, keep things off the top of the toilet tank (in case prospective buyers and/or inspectors may want to sneak a peek).

Something else we need to remember is maintenance. We need to maintain the clean scent and fresh appearance of the bathroom. This means keeping away the clutter and dust and grime that seems to show up. Clutter, by the way, can be seen as toothbrushes, hair brushes, hair blowers, make-up, etc... I think you get the picture. For the staging benefit, you might want to be sure that a clean set of towels and or robe can be on display as well. After the big clean-up and repair job in the bathroom, it is important to maintain the fresh smell and appearance each day the house is on the market.

Hopefully this will help create the kind of bathroom that someone can imagine moving in to.

Saturday, November 3, 2007

Bathrooms and Preparing Your Home To Sell Part 3 of 4

Home Owners and Home Sellers, you may or may not realize this, but what you are doing right now in your home, whether it is on the market or not, will make an impact on how long it takes your home to sell, how much you will make on the sell of your home, and how difficult or easy the sell will be.

You will learn that when your home goes on the market that any semblance of privacy goes out the window. Your house becomes more of a display piece than a home.

Since we are taking a look in the bathroom, you will agree that there are some things (sights, smells, sounds, etc...) that buyers (visitors) will not want to experience while in that room.

So what do you do to prepare that bathroom for guests?

We have identified four things to do to prepare your bathroom for guests, and these are:
1. Clean
2. Fix
3. Sanitize
4. Finishing touch

Today, we want to discuss step 3, Sanitize! Some may wonder why this isn't the same as step 1. Sanitizing and cleaning are closely related, but, let's be honest. Most of us don't really sanitize when we clean. We throw away, wipe off, and reorganize.

I am assuming that you have already cleaned and fixed and re-cleaned after you made a mess fixing things. Now, what you need to do is look around the walls, ceilings, crevices in the shower, around the tub, in the sink, and around the toilet. You are looking for all the mold, mildew, and just general grime that normally doesn't come up with just the bathroom cleaner. We want it looking like new.

I know this was short, but it needs to be reminded of and remembered. Next, we will look at the finishing touches.

Thursday, November 1, 2007

Bathrooms and Preparing Your Home To Sell Part 2 of 4

Home Owners and Home Sellers, you may or may not realize this, but what you are doing right now in your home, whether it is on the market or not, will make an impact on how long it takes your home to sell, how much you will make on the sell of your home, and how difficult or easy the sell will be.

You will learn that when your home goes on the market that any semblance of privacy goes out the window. Your house becomes more of a display piece than a home.

Since we are taking a look in the bathroom, you will agree that there are some things (sights, smells, sounds, etc...) that buyers (visitors) will not want to experience while in that room.
So what do you do to prepare that bathroom for guests?

We have identified four things to do to prepare your bathroom for guests, and these are:
1. Clean
2. Fix
3. Sanitize
4. Finishing touch

Today, we want to discuss step 2. Step two is to fix. Fixing our bathroom can involve a large number of things. They can be from the easy, "You can do it!" type of stuff to the "You had better call a professional!" type of stuff. (Or as my wife says, "You had better not try that!" type of stuff.)

Some of the things will be discovered as you are working on cleaning (step 1). You might notice while cleaning out from under the sink that there is a leak. If it is a leaky faucet, you might have to change a washer. Look inside the toilet bowl and see if it fills up all the way. While cleaning the shower you may discover chipped or cracked tile that needs to be regrouted or replaced.

This short list is just to get you thinking. It may not be a bad idea to have a plumber come out and check out some of these items like the shower, toilet, and sink. Either way, it is entirely up to you.

Like I said last time, this list is far from totally inclusive. It is to be a starting point. By the time you have completed steps 1 and 2 you will probably already be addressing step 3 or at least making a list for it. It is time to Sanitize it!

Wednesday, October 31, 2007

Bathrooms and Preparing Your Home To Sell Part 1 of 4

You will learn that when your home goes on the market that any semblance of privacy goes out the window. Your house becomes more of a display piece than a home.

Since we are taking a look in the bathroom, you will agree that there are some things (sights, smells, sounds, etc...) that buyers (visitors) will not want to experience while in that room.

Can you think of some of these items? Some of these might be:

1. Personal hygiene items
2. Soap Scum
3. Mold/Mildew
4. Your shampoo and conditioner collection

So what do you do to prepare that bathroom for guests?

We have identified four things to do to prepare your bathroom for guests, and these are:
1. Clean
2. Fix
3. Sanitize
4. Finishing touch

Today, we want to discuss step 1. Step one is to clean. Cleaning can involve a large number of thingssuch a de-cluttering by getting rid of all those old bottles of shampoo, conditioner, medicine, and boxes from every nook and cranny of the room and cabinets. Next, comes the bottle of bathroom cleaner. Everything and everywhere, while cleaned out, needs a good wipe down inside and out. Make sure you check the shower for soap scum, discolored grout, and mildewed shower curtains or liners.

Now, this list is far from totally inclusive. It is to be a starting point. You will see many things while you are busy cleaning and discover even more as you move on to step 2 which we address later. Fix it!

Monday, October 29, 2007

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

I think it's important as a Real Estate Consultant serving Hoover Alabama Real Estate, 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.

September 2007
Listed Properties (during the month): 184
Average Price: $379,160
Price Range: $139,900-$1,645,000

September 2006
Listed Properties (during the month): 219
Average Price: $369,552
Price Range: $109,000-$1,400,000

September 2007
Sold Properties: 110
Average Price: $405,981
Price Range: $160,000-$1,059,944
Average Days on Market: 80

September 2006
Sold Properties: 125
Average Price: $345,813
Price Range: $155,000-$1,082,500
Average Days on Market: 91

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.

*Note these stats are accurate as of 10/18/07 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

Sunday, October 28, 2007

Trussville Alabama Real Estate Market Statistics September 2006 vs. September 2007: Now and Then

I think it's important as a Real Estate Consultant serving Trussville Alabama Real Estate, as a resident, or a future home buyer or seller in the Trussville 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): 64
Average Price: $305,422
Price Range: $105,000-$985,000

September 2006
Listed Properties (during the month): 88
Average Price: $249,221
Price Range: $41,329-$594,900

September 2007
Sold Properties: 26
Average Price: $255,572
Price Range: $109,900-$500,000
Average Days on Market: 80

September 2006
Sold Properties: 65
Average Price: $244,941
Price Range: $122,000-$552,870
Average Days on Market: 76

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

*Note these stats are accurate as of 10/19/07 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

Saturday, October 27, 2007

Birmingham Alabama Real Estate Luxury Homes Market Watch January-September 2007

The Birmingham Alabama Luxury Home Market has been coming up a lot over the past few weeks based upon statistics from the Birmingham MLS. According to the Birmingham MLS luxury home sales are up. (Let me note for this article, I am classifying luxury properties as those that sell/list for one million or more.)

Sold Properties
Jan-Sept 2006
Number Sold: 69
Average Price: $1,375,566
Price Range: $1,000,000-$2,700,000
Avg. Days on Market: 108
Percent of Asking Price: 95.54%

Jan-Sept 2007
Number Sold: 85
Average Price: $1,463,868
Price Range: $1,000,000-$3,495,000
Avg. Days on Market: 122
Percent of Asking Price:94.66%

According to this, 85 million dollar plus homes have sold so far this year. The highest price sell was $3,495,000 and the average million dollar plus home that sold, sold for $1,463,868. Average days on market for the sold luxury homes was 122 days up 14 days from the same time frame in 2006. However, the average sold price is $1,463,868 which is up $88,302 from the same time period last year.

Listed Properties
Jan-Sept 2006
Number Listed: 216
Average Price: $1,572,977
Price Range: $1,000,000-$4,500,000

Jan-Sept 2007
Number Listed: 239
Average Price: $1,540,245
Price Range: $1,000,000-$4,999,000

According to this, 239 million dollar plus properties have been listed this year. This number is up from 216 properties during the same period last year. Unlike the sold properties though, the average list price is down $33,732. Let me add the even with these numbers being high all of them do not stay on the market. Many are withdrawn or expire and not put back on the market.

Properties Still Active
as of 10/26/07
Number Active: 174
Average Price$1,649,460
Price Range$1,000,000-$4,999,000
Avg. Days on Market: 178

According to this, there are 174 active million dollar plus properties. The highest price home right now is for $4,999,000. Average active price is $1,645,460. The average days on market for the active properties are 178 days.

* Areas included are Jefferson, Shelby, and St. Clair Counties
* All statistics are accurate as of 10/26/07 according to the Birmingham MLS

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.

Sunday, October 21, 2007

Vestavia 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 Vestavia 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): 58
Average Price: $448,788
Price Range: $149,900-$1,100,000

September 2006
Listed Properties (during the month): 70
Average Price: $505,215
Price Range: $175,000-$2,825,000

September 2007
Sold Properties: 34
Average Price: $486,555
Price Range: $180,000-$1,950,000
Average Days on Market: 78

September 2006
Sold Properties: 52
Average Price: $402,027
Price Range: $129,000-$1,315,000
Average Days on Market: 61

If you would like to be contacted as soon as homes become available in the Vestavia 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 9/13/07 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.