Birmingham, Alabama - We are well underway with 2008, and time to continue our look at the year of market statistics for Birmingham Alabama Real Estate. As we have always stated that as a homeowner, potential resident, potential seller, or as a real estate consultant, we think it is always important to know the stats about what is happening with Birmingham homes. For this report we are going to be focusing on Homewood AL Homes
Birmingham – Homewood AL Homes for Sale Listed October 2008
For the month of October there were:
33 Newly Listed Homewood Al Homes for Sale.
The Average Price was $368,444.
The Median Price was $269,900.
Compare this with September when there were 43 Newly Listed Homewood Homes for Sale. The Average Price was $332,984. The Median Price was $274,000. The listing volume appears to be slowing down while the average and median prices appear to be rising on the listed properties in the Homewood area
Birmingham – Homewood AL Homes Sold October 2008
For the month of October there were:
10 Sold Homewood AL homes sold in Birmingham Alabama.
The Average Price was $238,250.
The Median Price was $216,500,
With 110 Average Days on Market at 93% of list price.
Compared to the month of September there were 16 Sold homes in Homewood Alabama Real Estate. The Average Price was $288,425. The Median Price was $279,500, with 82 Average Days on Market at 95% of list price. This appears to be telling us that Homewood AL Homes staying on the market longer because they are overpriced as we see the days on market increase as well as the average and median home prices are rising as well.
Birmingham – Homewood Homes for Sale – Currently active as of 12/08
Currently there are 203 Active Homewood Homes For Sale with an Average Price of $378,842. The Median Price is $335,000, with 145 Average Days on Market.
If you would like to be contacted as soon as homes become available in the Homewood area just let us know. To view our area Real Estate and Community Tour go to Homewood Alabama Real Estate Channel For more information about the Homewood Community you can also go to the Homewood Chamber of Commerce. (Click here for their website.)
*Note these Birmingham AL Real Estate stats are accurate as of 12/08 according to the Birmingham MLS. They are subject to change as Birmingham Alabama Real Estate agents submit listed and sold properties into the Birmingham MLS.
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Specializing in Selling Birmingham AL Homes
The first thing home sellers need to know is “What’s my Birmingham AL home worth right NOW?” and what are Birmingham home prices doing by neighborhood. Our experience shows it all depends on where YOU live. Please ask for a FREE Comparable Market Analysis Report – CMA on your home so you can see what is actually happening in your neighborhood! No obligation, of course.
Experience shows that to sell a home in Birmingham AL today requires more than just putting a sign in the yard or putting the property information in the MLS.
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- deep understanding of what’s really happening with home values in your real estate market ( Birmingham Real Estate Market Reports by area).
We have helped many families sell their Birmingham homes, quickly and painlessly even in this difficult housing market. In fact, we may already have a buyer for your property because we understand that over 84% of home buyers today are finding their next house on the internet which is why when you use our Smart Home Selling Plan we make sure they are seeing your home first.
Call us to schedule your FREE private real estate consultation to fully understand your home selling options (no pressure no hassles – guaranteed).
Call me today at – 205-383-3358.
Jason Secor - Birmingham Alabama Realtor