Birmingham Real Estate Update for December 2012

Market Trends has released their monthly report on Birmingham Real estate for the month of December 2012.

For 2012, the total number of houses sold increased 8%, while the total sales dollar of all houses sold was up 15%.  December sales were up 12% versus December 2011, although the number of houses sold was down 3%.

The total number of houses available on the market (“inventory”) is 16% lower versus last year.  There is currently an 8 month supply of used homes available on the market, which is better than the 10 months we were seeing last year.

The average time it takes to sell a used house (“days on market”) was a bit over 4.5 months, which is an improvement of about 1 week versus last year.

If you have a house you need to sell your house fast and don’t have the time to deal with the hassles of listing the house, call us at 205-390-1050 and we will be happy to discuss the options that we have available.  We Buy Houses all over the Birmingham area.

 

 

 

 

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