Real Estate Market Report for November 2017

    The latest numbers are in for North Alabama. Here’s what you should know.

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    The latest numbers are in for the North Alabama real estate market and I wanted you to be the first to see them. We compared these statistics to those we saw at the end of November 2016. We’re still seeing an overall increase in sales and home values while seeing a decrease in the available inventory. Here’s what else we saw:

    • 491 home sales in North Alabama, up 7% from last year.
    • A 2% increase in the average sale price, which is now up to $213,000.

    • A 0.5% increase in the average list price, which is now $218,000.
    • An 11% decrease in the average days on market. On average, homes are only taking 66 days to sell on right now.

    We are looking at just over three months of available inventory, making now a great time to get your home sold. If you’re a buyer, you need to make sure that you’re acting fast, working with a market specialist, and making strong offers to ensure you win the best homes.

    If you have any questions for me about the market or if you’re interested in buying or selling a home in the near future, feel free to give me a call or send me an email. I’d be happy to help in whatever way possible. 

    We’re excited to be featured live on Dan & Josie this morning on WDRM 102.1 FM to share this latest market update with our listeners!





    This Week’s Closings, Congratulations!

    Mr. Paul Howanitz Jr.
    Mr. and Mrs. Robert and Jeanette Canten
    Mr. and Mrs. Mac and Andrea Martin
    Mr. and Mrs. Johnathon and Haley Jacobs
    Mr. Scott Walter
    Mr. Jason Fulton
    Mr. and Mrs. Jesse and Brittiny Gilchrist
    Mr. and Mrs. Michael and Rebecca McDonald
    Ms. Brittany Hall
    Mr. and Mrs. Raymond and Lynda Brown
    Ms. Eliabeth Dugal
    Mr. and Mrs. Phillip and Carys Davis
    Mr. and Mrs. Keith and Cristy Caruso
    Mr. and Mrs. Robert and Kelly Taylor
    Ms. Rachel Bagwell Klonowski
    Mr. Jonathan Pierce
    Mr. Phillip Dewayne and Ms. Sarah Perkins
    Mr. and Mrs. Wesley and Holly Jarrett
    Mr. and Mrs. Daniel and Kristen Uhler
    Mr. Tony Gamble
    Mr. and Mrs. Anton and Jessica Slobodnik
    Mr. Zale Ingalls
    Ms. Janice Smith
    Mr. and Mrs. Don and Susan Moser
    Mr. Joseph Taylor
    Mr. and Mrs. Micah and Hillary Franklin
    Mr. William D. Murphree Jr.
    Ms. Barbara Nunez
    Ms. Lillian Kinnebrew

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