Birmingham Real Estate Update for November 2013

Market Trends has released their monthly report on the Birmingham real estate market for the month of November 2013.

Total dollar sales were up slightly, by 1%, versus last November.  At the same time, unit sales (the number of houses sold) was down 6% from last year (note this will increase a bit as late sales are reported).

The total amount of houses available for sale (“inventory”) was down 8% versus last year at this time.   There is currently an 8 month supply of houses on the market, which is better than last year at 9 months.

The average days on market for used homes (days it takes the house to sell) was 135 in November, which indicates that if your house is well-priced it should sell in about 4 months.

If you are dealing with trying to sell a house that just isn’t moving, call us 24/7 at 205-390-1050 or visit our website at www.WeBuyBham.com to learn how to sell your house fast.   You may also download a FREE copy of a special report entitled “How To Sell Your House for Top Dollar Fast” at www.SellHouseReport.com.

 

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