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What’s Happening in the North Alabama Real Estate Market?


Today I’m here with your market overview, comparing last year’s statistics to this year’s market. Our market has seen a few variations over the last 12 months.

For example, the total number of residential sales fell by 3.9% from last year, with only 582 home sales this year. On the other hand, the median sales price increased by 5%, and the average sales price increased just over 8%.


The number of days on market also increased by 3%, as it is now taking sellers about 90 days to sell their home. The average listing price went up to almost $222,000, and there are 6.75 months of inventory available on the market.

You will see  a complete breakdown of local market statistics below.

With higher inventory and more days on market, we are shifting slightly into a buyer’s market. There are a few more sellers than buyers out there right now.

If you have any questions about navigating our current market, give me a call or send me an email. I would be happy to help you!




This Week’s Closings:

collage-2016-08-15 (1)

  • Ms. Maleea Ikard
  • Mr. and Mrs. Jason Holly
  • Ms. Patricia Hoffman
  • Ms. Theresa Powell
  • Ms. Cynthia Peterson
  • Mr. and Mrs. James Dempsey
  • Rachel Brown Homes, LLC
  • Mr. Jason Caldwell
  • Ms. Christina D. Guthrie
  • Mr. Gene Bunce
  • Mr. and Mrs. William Dahlberg
  • Mr. and Mrs. William Jones III
  • Mr. and Mrs. Harley Frazier
  • Mr. Mark Mitcham
  • Mr. William Allen
  • Ms. Stacey A. Staley
  • Mr. and Mrs. Subodh Mathur
  • Mr. and Mrs. Jay Fults
  • Mr. and Mrs. Daniel Shwab
  • Mr. and Mrs. Kenneth Wadsworth III
  • Mr. Daniel Silvers
  • Mr. Leon Orcutt
  • Kidd Living Trust
  • Ms. Tamyra L. Sampson
  • Mr. and Mrs. Sean Kelly
  • Mr. Aaron Midgett
  • Ms. Lori Brown
  • Mr. and Mrs. Matthew Clemmons
  • Mr. Keith Ridge
  • Mr. and Mrs. Donnie Casebolt
  • Mr. and Mrs. Alvin Poen

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