The area’s median sales price in June was $299,900, a record high, and an increase of 18.1% from one year ago and 6.0% from May.

The area’s median sales price in May was $282,842, a record high, and an increase of 13.1% from one year ago and 4.1% from April.

Total homes listed for sale in April declined 61.9% year-over-year from 315 to 120 listings, hitting a record low

July residential sales decreased 2.4 year-over-year (Y/Y) from 895 to 874 closed transactions. Not following seasonal trends, sales decreased 17.8% from June. Sales are now up 27.9% year-to-date

June residential sales increased 20.4 year-over-year (Y/Y) from 883 to 1063 closed transactions, marking eight consecutive months of Y/Y gains.

Homes sold in May averaged 42 days on the market (DOM) a record low, and 30 days faster than May 2020.

Condos sold in July averaged 24 days on the market (DOM) a record low, and 67 days faster than one year ago.

June condominium sales increased 22.5% year-over-year from 187 to 229 closed transactions marking seven consecutive months of Y/Y gains.

May condominium sales increased 107.5% year-over-year from 94 to 195 closed transactions. Sales are now up 22.77% year-to-date. 

Homes sold in June averaged 11 days on the market (DOM), a record low and 19 days faster than June 2020. 

May home sales in the Birmingham area increased 33% year-over-year (Y/Y) from 1,297 to 1,725 closed transactions, marking 12 consecutive months of Y/Y gains.

April home sales in the Birmingham area increased 35.9% year-over-year (Y/Y) from 1,308 to 1,777 closed transactions, marking 11 consecutive months of Y/Y gains

According to the Calhoun County Area Board of Realtors, June residential sales in the area (Calhoun, Cleburne, and Talladega Counties) increased 27.0% year-over-year (Y/Y) from 174 to 221 closed transactions. Sales ...

May residential sales in the area (Calhoun, Cleburne, and Talladega Counties) increased 37.1% year-over-year (Y/Y) from 143 to 196 closed transactions. Sales are now up 18.2% year-to-date

April residential sales in the area (Calhoun, Cleburne, and Talladega Counties) increased 4.4% year-over-year (Y/Y) from 161 to 168 closed transactions. Sales are now up 13.7% year-to-date.

Alabama Center for Real Estate Research Coordinator Stuart Norton shares data and insights on the Alabama residential real estate market for transactions closed in October 2020.

Alabama Center for Real Estate Data Analytics Coordinator Stuart Norton shares data and insights on the Alabama residential real estate market for transactions closed in September 2020.

A fourth quarter 2019 overview of residential market trends in Cherokee, Covington, Jackson, Monroe, and Talladega Counties.  

A 3Q19 review of Alabama's small residential markets.

A 2Q19 review of Alabama's small residential markets.

A 1Q19 review of Alabama's small residential markets.

According to the Cullman Association of Realtors, June residential sales increased 47.1% year-over-year from 85 to 125 closed transactions. Going along with seasonal trends, sales increased 2.5% from May. Sales are ...

May residential sales increased 52.5% year-over-year from 80 to 122 closed transactions. Going along with seasonal trends, sales increased 3.4% from April.

April residential sales increased 35.6% year-over-year from 87 to 118 closed transactions.

July listings (275) increased 18.03% from June and declined 42.95% from one year ago.

June residential sales in the Dothan area increased 26.9% year-over-year (Y/Y) from 182 to 231 closed transactions.

Total homes listed for sale in May declined 59.7% year-over-year from 538 to 217 listings, a record low.

According to the Etowah-Cherokee Association of Realtors, June residential sales in the Gadsden area increased 58.3% year-over-year from 84 to 133 closed transactions. Breaking seasonal trends, sales increased 37.1% from May. ...

Homes sold in May averaged 42 days on market, a record low and 58 days faster than May 2020.

April residential sales in the Gadsden area increased 14.9% year-over-year from 74 to 85 closed transactions.

 June home sales in the Huntsville area increased 12.87% year-over-year (Y/Y) from 847 to 956 closed transactions, marking 13 consecutive months of Y/Y gains.

May home sales in the Huntsville area increased 3.9% year-over-year (Y/Y) from 719 to 747 closed transactions, marking 12 consecutive months of Y/Y gains.

April home sales in the Huntsville area increased 11% year-over-year (Y/Y) from 667 to 740 closed transactions, marking 10 consecutive months of Y/Y gains

Although Alabamians pay their property taxes in October, taxes are on everyone’s mind as federal and state income tax returns are due in April.

Alabama was not immune to the permit slowdowns seen nationally and within the south region.

The Alabama Center for Real Estate addressed this question by analyzing closed transactions from the state’s metro areas in 2018.

Sales increased 7.1% from June. Sales are now up 14.5% year-to-date.

June residential sales (waterfront and non-waterfront) decreased 4.49% year-over-year (Y/Y) from 89 to 85 closed transactions, breaking eleven consecutive months of Y/Y growth.

Total homes listed for sale in May declined 42.9% year-over-year from 424 to 242 listings.

According to the Lake Martin Area Association of Realtors, July waterfront sales decreased 46.6% year-over-year from 73 to 39 closed transactions.

The median sales price in June was $776,422, an increase of 53.46.6% from one year ago and an increase of 16.9% from May.

 May waterfront sales increased 13.2% year-over-year from 38 to 43 closed transactions. Following seasonal trends, sales increased 30.3% from April. Sales are now up 20% year-to-date.

 July listings (420) increased 14.44% from June and declined 29.41% from one year ago.

May residential sales in the Auburn-Opelika area increased 50.3% year-over-year from 189 to 284 closed transactions, marking 12 consecutive months of Y/Y gains. Following seasonal trends, sales increased 8.4% from April. ...

According to the Marshall County Board of Realtors, June residential sales increased 6.6% year-over-year (Y/Y) from 122 to 130 closed transactions, marking thirteen consecutive months of Y/Y gains.

May residential sales increased 31.0% year-over-year (Y/Y) from 84 to 110 closed transactions, marking twelve consecutive months of Y/Y gains.

April residential sales increased 33.8% year-over-year (Y/Y) from 71 to 95 closed transactions, marking eleven consecutive months of Y/Y gains

Homes sold in June averaged 16 days on the market (DOM), a record low and 36 days faster than June 2020.

Homes sold in May averaged 22 days on the market (DOM), a record low and 27 days faster than May 2020.

April home sales in the area increased 15.5% year-over-year (Y/Y) from 485 to 560 closed transactions, marking 11 consecutive months of Y/Y gains

This article provides a preview of closed sales activity during May 2020, which provides limited insight regarding the impact of the pandemic to residential sales activity. 

Falling interest rates helped offset rising home prices, leading to a slight gain in home affordability from one year ago. 

The Alabama Statewide Housing Affordability Index (AHAI) decreased 0.75% 3Q19 to 199.5 when compared to Q2’s score of 201.0.

June home sales in the area increased 18.6% year-over-year (Y/Y) from 597 to 708 closed transactions, marking 13 consecutive months of Y/Y gains.

Homes sold in May averaged 58 days on the market (DOM) a record low, 37 days faster than May 2020.

April home sales in the area increased 40.3% year-over-year (Y/Y) from 429 to 602 closed transactions, marking eleven consecutive months of Y/Y gains

 Months of supply (inventory to sales ratio) also decreased from 1.3 to 0.8 a record low, reflecting a market where seller’s generally have elevated bargaining power. 

The area’s median sales price in May was $230,000, a record high, an increase of 40.5% from one year ago and an increase of 24.3% from April.

April residential sales in the Decatur area (Morgan and Lawrence Counties) increased 11.9% year-over-year (Y/Y) from 143 to 160 closed transactions, marking eight consecutive months of Y/Y gains. Following seasonal trends, ...

The prices of homes in the US have been increasing at great rates, currently at the “fastest rate on record.” While it is concerning for the average homebuyer that prices are ...

December marked 17 consecutive months of year-over-year increases in new home sales in the state.

Christopher Lee, president and CEO of CEL & Associates, will be speaking at the 21st annual commercial real estate conference (ACREcom) on February 26, 2021.

New home sales in June decreased 6.3% year-over-year (Y/Y) from 1,070 to 1,003 closed transactions, ending 23 consecutive months of Y/Y gains.

According to the Alabama Realtors, May new home sales in the state increased 1.1% year-over-year (Y/Y) from 852 to 861 closed transactions, marking 23 consecutive months of Y/Y gains.

April new home sales in the state increased 20% year-over-year (Y/Y) from 814 to 977 closed transactions, marking 22 consecutive months of Y/Y gains.

June residential sales in the Phenix City area increased 15.6% year-over-year (Y/Y) from 148 to 171 closed transactions, marking twelve consecutive months of Y/Y gains.

May residential sales in the Phenix City area increased 19.8% year-over-year (Y/Y) from 121 to 145 closed transactions, marking eleven consecutive months of Y/Y gains

March residential sales in the Phenix City area increased 12.8% year-over-year (Y/Y) from 117 to 132 closed transactions, marking 9 consecutive months of Y/Y gains.

The Alabama Center for Real Estate created these rankings based on median price appreciation in February.

The Alabama Center for Real Estate created these rankings based on year-over-year (YoY) growth in total residential sales during February.

The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during February.

June residential sales increased 4.53% year-over-year from 265 to 277 closed transactions.

May residential sales increased 12.63% year-over-year from 197 to 222 closed transactions.

Following seasonal trends, sales increased 14.7% from March. Sales are now up 25.8% year-to-date

June home sales in the state increased 14.4% year-over-year (Y/Y) from 7,198 to 8,234 closed transactions, marking 13 consecutive months of Y/Y gains and the highest monthly sales total in the ...

Housing inventory in the state continued to tighten, reaching another record low of 9,363 listings across the state in May, a decrease of 2.3% from April and down 45.1% from one ...

Housing inventory in the state continued to tighten, reaching another record low of 9,582 listings in April, down 1.4% from March and 46.6% from one year ago, also a record decline.   ...

The Birmingham area was Alabama's fastest selling market in January with a DOM average of 41 days. 

The Birmingham area was Alabama's fastest selling market in December with a DOM average of 38 days. 

According to the Alabama Housing Affordability Index for the 2Q19, there were five metro areas identified as cities where the average Alabamian making roughly $65,000 a year can afford to own a ...

July home sales in the area decreased 0.6% year-over-year (Y/Y) from 364 to 362 closed transactions.

According to the Tuscaloosa Association of Realtors, June home sales in the area increased 13.1% year-over-year (Y/Y) from 320 to 362 closed transactions

It seems like new apartments and condominium developments are being built around every corner.

One crucial metric can be used as a tell-all on whether or not the market is strong for income-producing residential properties - Price-to-Rent ratio.

While it will be intriguing to see how statewide real estate performs in 2019, there are five local markets we are keeping our eye on: Phenix City, Mobile, Huntsville, Athens, and ...

A prolonged slowdown in new construction activity at the nationwide level could be interpreted as a warning sign for Alabama’s new construction market, although the downturn would not hit Alabama until ...

According to the Wiregrass Board of Realtors, June residential sales increased 8.3% year-over-year from 144 to 156 closed transactions. Sales also increased 9.9% from May. Sales are now up 18.8% year-to-date. ...

May residential sales increased 36.5% year-over-year from 104 to 142 closed transactions.

April residential sales increased 61.9% year-over-year from 97 to 157 closed transactions