Birmingham Real Estate Update for September 2014

Birmingham Skyline 2Market 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).

 

 

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