Highlights from Alabama’s July 2019 Residential Sales

Highlights from Alabama’s July 2019 Residential Sales

Topics: Research, Residential Real Estate

Markets: Statewide

10.2%

July residential sales growth from one year ago (6,307 vs 6,063 closed transactions)

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3.1%

Year-to-date residential sales growth from one year ago (37,490 vs 36,347 closed transactions)

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$176,926

Median sales price of a home in Alabama during July, an increase of $7,748 (4.6%) from one year ago ($169,178)

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4.2%

Year-to-date median price appreciation from one year ago ($165,145 vs $158,521)
 


 

$203,737

Average sales price of a home in Alabama during July, an increase of $9,428 (4.9%) from one year ago ($194,309)

 


 

89 days

Days on market average for July, up 3 days from one year ago

 


 

-9.9%

Decrease in July residential listings statewide versus one year ago (21,865 vs 24,273 listings)

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3.5 months

Statewide months of supply during July, down from 4.2 one year ago

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