Sales: According to the Mobile Area Association of Realtors, December home sales in the area decreased 44.8% year-over-year (Y/Y) from 536 to 296 closed transactions. Sales decreased 6.9% from November. Sales were down 15.3% overall in 2022. Two more resources to review: Quarterly Report and Annual Report. For all Mobile-area housing data, click here. Inventory: December listings (957) increased 14.8% from November and 86.9% from one year ago. At the current sales pace, all the active inventory on the market would sell in 3.2 months, up from 2.6 months in November and 1 month in December 202 ..read more

Sales: According to the Montgomery Area Association of Realtors, December home sales in the area decreased 33.8% year-over-year (Y/Y) from 548 to 363 closed transactions. Sales decreased 0.6% from November. Sales were down 14.8% overall in 2022. Two more resources to review: Quarterly Report and Annual Report. For all Montgomery-area housing data, click here. Inventory: Homes listed for sale increased 52.8% year-over-year from 582 to 889 listings. Months of supply increased from 1.1 in December 2021 to 2.4 in December 2022, reflecting a market where sellers generally have elevated bargaining ..read more

Sales: According to the Cullman Association of Realtors, December residential sales decreased 35.1% year-over-year from 131 to 85 closed transactions. Following seasonal trends, sales increased 7.6% from November. Sales were down 12.6% in 2022. Two more resources to review: Quarterly Report and Annual Report. Inventory: Total homes listed for sale in December increased 51% year-over-year from 200 to 302 listings. Months of supply (inventory to sales ratio) decreased from 4.2 months in November to 3.6 months in December, reflecting a market where sellers generally have elevated bargaining pow ..read more

Sales: According to the Baldwin Realtors, December residential sales decreased 43.3% year-over-year (Y/Y) from 850 to 482 closed transactions. Sales decreased 2.6% from November and were down 13% in 2022. Two more resources to view: Quarterly Report and Annual Report. For all of Baldwin County’s housing data, click here. Inventory: December listings (1,822) decreased 4.8% from November and increased 60.8% from one year ago. At the current sales pace, all the active inventory on the market would sell in 3.8 months, down from 3.9 months in November and up from 1.3 months in December 2021. The ..read more

Sales: According to the Greater Alabama MLS, December home sales in the Birmingham area decreased 39.4% year-over-year (Y/Y) from 1,567 to 949 closed transactions. Following seasonal trends, sales decreased 4.9% from November. Sales were down 14.7% for 2022. Two more resources to review: Quarterly Report and Annual Report. For all Birmingham-area housing data, click here. Inventory: December listings (3,160) decreased 8.5% from November and increased 51.2% from one year ago. At the current sales pace, all the active inventory on the market would sell in 3.3 months, down from 3.5 months in No ..read more

Statewide summary: Home sales in Alabama posted year-over-year declines for the seventh consecutive month in December, falling 35.5% from one year ago. Annual sales declined 12.6% from 2021, when low interest rates and shifting buyer preferences contributed to the pandemic housing boom. Buyer demand has pulled back to below pre-COVID levels, with December sales down 20% from the five-year average. Home sales price growth moderated in December, with the statewide median sales price rising 1.7% year-over-year (Y/Y), down from an average of 13.6% from January through November and falling below ..read more

Click here to view or print the entire September report compliments of the ACRE Corporate Cabinet. Sales: According to the North Alabama Multiple Listing Service, Huntsville/Madison County residential sales totaled 561 units in September, an increase in sales growth of 36.8 percent or 18 units from the same period last year. Year-to-date sales through September are 16.7 percent above 2014. Two more resources to review market: Quarterly Report and Annual Report Forecast: Closed transactions in September w ..read more

Click here to view or print the entire September report compliments of the ACRE Corporate Cabinet. Sales: According to the North Alabama Multiple Listing Service, Morgan County (Decatur) residential sales totaled 119 units in September, an increase in sales growth of 10 percent or 11 units above the same period last year. Year-to-date sales through September are up 23.5 percent from 2014. Two more resources to review market: Quarterly Report and Annual Report Forecast: September sales were 21 units ..read more

Click here to view or print the entire September report compliments of the ACRE Corporate Cabinet. Sales: Waterfront sales on Lake Martin totaled 37 units in September. Though the same number as the month prior, sales in September soared by 42 percent compared to last year, which established a new peak for the month. Year-to-date sales through September are up 23.7 percent from 2014. Waterfront sales at Lake Martin were unchanged (37) in September from the prior month but the number was a new peak for the area in September. Sales were up 42 percen ..read more

Click here to view or print the entire September report compliments of the ACRE Corporate Cabinet. Join the Center mailing list HERE. Sales: Alabama residential sales totaling 4,618 units in September reflect an increase of 16.7 percent growth from the same period a year earlier. Sales for the month continue to trend upward for the state, which bottomed out at 2,788 sales in September 2010, but has improved each year since, with the exception of a slight dip in 2012. Sales are 37.4 percent above the September five ..read more