Author: Cahaba Home Buyers

According to the Alabama Center for Real Estate (PDF), sales of residential real estate (the number of houses sold) in Birmingham for 2014 were almost 6% higher than 2013. While sales were up, inventory at year end (the number of houses available for sale) was down almost 16%. The median sales price (half of sales were … Continued

Market Trends has released their report on the Birmingham real estate market for the month of October 2014.  We cover the highlights here. Total dollar sales were up 11% versus last year, while the total number of houses sold was up only 2% (indicating a slight rise in average prices). The total amount of houses … Continued

Market Trends has released their update on the Birmingham real estate market for the month of September 2014.  We discuss the highlights below. Total dollar sales were up 18% versus September of last year, while the number of houses sold was up 12% versus last year.  This indicates rising prices since this time last year. … Continued

Market Trends has released their monthly report on the Birmingham real estate market for the month of August 2014.  We discuss the highlights here. Total dollar sales were up 7% versus last year, while the unit of houses sold was down 2% from last year. The total amount of houses available for sale on the … Continued

Market Trends has released their report on the Birmingham real estate market for the month of July 2014.  We cover some of the highlights below. Total dollar sales were up 5% versus last July, while total unit sales were also up 5% versus last July.  For used homes, total sales were up about 6%. Total … Continued

Market Trends has released their latest report on the status of Birmingham’s real estate market for June 2014.   Highlights are summarized below. Total dollar sales were up 5% versus last June, though the moving average line has flattened, indicating “uncertain market conditions.” While dollar sales were up 5%, the total number of houses sold … Continued