Residential Real Estate Sales in Birmingham Down Slightly in March

According to the recent real estate market trends report for March 2012, real estate sales were down 1% versus last year.

The average days on the market (time it takes to sell) for used homes was still just under 5 months.  When coupled with a high amount of inventory, this indicates that sellers are still holding out for higher prices.

If your home is listed and not selling, the number one thing to help is to lower the price, particularly as we are in the peak selling season of the year.

We buy houses as-is in Birmingham, so you can always give us a call too at 205-390-1050 to discuss your best options.

 

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