Birmingham Real Estate Update (Stats for June 2016)

We Buy Houses in Birmingham Alabama
We Buy Houses in Birmingham Alabama

Market Trends has released their report on the real estate market for Birmingham Alabama with final statistics from the month of June 2016.  We cover the highlights here.

Similar to last year, the number of houses available for sale is down, and prices are about level.   The number of used homes sold was down about 3% versus this time last year.

The total number of houses available for sale (“inventory”) was down 7.5% versus last year.  At the current sales pace, there is a 7 month supply of houses on the market, versus 8 months this time last year.

The average days on market (days it takes to get a contract) for used homes was 110 in June, or a bit under 4 months.  (This does not include the time it takes to close a sale, which using the conventional method can take 6-8 weeks or longer).

Do you have a house sitting on the market that is not selling?  Or do you want to avoid the hassles, costs, and time of listing your house on the market?

We Buy Houses in Birmingham in any area, any condition, and any price range.  Call us at 205-390-1050 or fill out the simple form at WeBuyBham.com.  If you want to sell your house fast in Birmingham, we are interested in making you a fair, fast cash offer.  Call or click right away.

 

 

 

 

Get More Real Estate Market Info... Subscribe Below!

Learn more about us and find other resources on selling your house below. Like us, follow us, connect!

Leave a Reply

Your email address will not be published. Required fields are marked *