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On top of the month by month Birmingham Alabama Real Estate market information that we put out on a regular basis there are those that have been asking us about year to date information. In other words, what is the big picture for the year, and not just the month?
For those looking at the big picture, we are being asked three main questions:
- How many homes have sold?
- What are the average days on market?
- What is the absorption rate?
So, what we want to start doing is answering these questions each month giving a year to date snapshot of Mountain Brook Alabama Real Estate.
How many homes have sold?
So far this year, 154 people have made Mountain Brook Alabama home. This is an average of 24.375 Mountain Brook homes sold per month with an average price of $686,298.
What are the average days on market?
For 2008, the average days on market for the year for homes sold in Mountain Brook Alabama are 83 days.
What is the absorption rate?
Currently there are 195 Mountain Brook Alabama homes for sale, and with an average of 24.375 homes selling per month, there is an inventory which will theoretically take 8 months to sell.
Whether buying or selling a home in Mountain Brook Alabama, understanding the current market conditions is very important in order to help you get the most for selling your home in the shortest period of time or to purchase your home at the best terms based on your goals.
Looking to Buy Birmingham Alabama Real Estate?
If you want to buy a home in the Birmingham Alabama area- we've made it fast and easy for you to search all the Birmingham Alabama homes for sale . Search just like the best Birmingham AL Realtors and see all the properties being sold by all Birmingham Alabama Real Estate agents.
Enjoy our fully customizable property search of the complete Birmingham Alabama MLS (multiple listing service) of single family homes, condos, and town houses. We specialize in helping you buy a Birmingham Alabama real estate bargain.(foreclosures and bank owned homes)
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.
Successful home sellers have found they need the advice of skilled Real Estate counsultants like us, who have:
- strong negotiating skills to get your home sold quickly for the most money even in this real estate market,
- a strong internet marketing plan like our Smart Home Selling Plan. 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 plan we make sure they are seeing your home first and we also have a
- 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).
Whether you are buying or selling Birmingham AL homes | Hoover homes | Vestavia homes | Mountain Brook Homes | Pelham Homes |Helena Homes | Trussville Homes |Homewood Homes - we can help!
Call me today at - 205-383-3358.
Jason Secor - Birmingham Alabama Realtor
