The latest numbers are in for the North Alabama real estate market, and we’re excited to share them with you. We’ll compare the numbers we saw this August to the numbers we saw in August of 2015 to give you an idea of how the market has been changing.
This August, our North Alabama residential sales totaled 622 homes. That represented a 12% increase in sales over one year ago. In addition to this, we also saw a 3% increase in the average sale price.
We are currently holding steady at 4.6 months of inventory, indicating that we are in a seller’s market where there are fewer homes available for buyers wanting to purchase. The market is favoring home sellers, so our buyers are out there each and every day patiently waiting for the right home to come along. It could be yours.
If you have any other questions for us, give us a call or send us an email. We would love to hear from you.
This Week’s Closings:
- Ms. Brenda Turner
- Mr. and Mrs. Robert Manning
- Mr. and Mrs. Gregory Hulsey
- Mr. Michael Kinder
- Mr. William Brosch
- Ms. Amanda Brosch
- Mr. Zachary C. Jones
- Mr. and Mrs. Eli Gibbs
- Mr. Ronald E. Beaumont
- Mr. Jeffrey A. Bunce
- Mr. and Mrs. Paul Lucas
- Mr. and Mrs. Cory Gott
- Mr. Jerry Luckhart
- Mr. and Mrs. Nathan Daniher
- Mr. and Mrs. Jeremy Puckett
- Mr. and Mrs. Kevin Spratt
- Mr. and Mrs. Jason Parton
- Mr. Raymond Downward
- Mr. and Mrs. Vincent Cobb
- Ms. Patricia Campbell
- Mr. and Mrs. Stephen Martin Jr.
- Mr. and Mrs. Kevin Justin
- Mr. Terry Wright of Select Developing, Inc.
- Ms. Cecilia Pessoney
- Mr. and Mrs. W.R. Foutch Jr.
- Mr. David Robinson
- Ms. Deborah Peek
- Mr. Hassan Hajo
- Ms. Margaret Pinkerton
- Mr. and Mrs. John Thiel
- Ms. Kieren Bailey
- Mr. and Mrs. Kaleb Plamondon
Hot New Listings For Sale:
- Hunstville
- 729 Wynsom Drive $131,500
- 201 Grove Avenue $169,900
- Madison
- 121 Kinsale Drive $335,000
- Limestone/Morgan County
- 22862 Baltusrol Lane $90,000
- 16 Sandra Lane $125,000
- Madison County
- 3603 Avalon Lake Drive $120,000
- 114 Centennial Drive $219,900
- 109 River Bridge Way $209,900
- 114 Navaho Trail $254,900
- 3 Sudworth Drive $325,000
- 4033 NW Summerhill Drive $109,000
- 117 Tree Bark Trail $159,900
- 167 Greenlawn Drive $350,000
- 1597 Old Railroad Bed Road $160,500
- Guntersville and surrounding areas
- 978 Manchester Drive $335,000
- 1048 Douglass Street $234,900
