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.
The total number of houses available for sale on the market is down 12% versus last year.
At the current sales pace, there is a 7 month supply of used homes on the market. This is two months better than the 9 month supply at this time last year.
The average time it takes to sell a used home was 127, or about 4 months.
If you have a house that you need to sell fast, whether it is listed on the market or not, call us at 205-390-1050 or go to www.WeBuyBham.com. We buy houses in Birmingham, Alabama and the surrounding metro area. You can get a quick consultation from us and get an offer on the spot (typically).