Residential Real Estate
Lee County home sales continue to increase steadily in June
July 29, 2021
Birmingham-area average days on market reaches record low in July
July 29, 2021
Homes sold in June averaged 11 days on the market (DOM), a record low and 19 days faster than June 2020.
Alabama’s new home sales down slightly in June
July 28, 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.
Morgan County months of supply sees record low in June 2021
July 28, 2021
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.
Mobile-area average days to sell hits record low in June
July 27, 2021
Homes sold in June averaged 16 days on the market (DOM), a record low and 36 days faster than June 2020.
Marshall County home sales increase again in June
July 27, 2021
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.
Montgomery-area home sales steadily increasing in June
July 26, 2021
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.
Huntsville-area home sales increase amid tight inventory
July 26, 2021
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.
