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.